article thumbnail

Singapore-based fintech Xalts acquires digital trade platform Contour Network

TechCrunch: M&A

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. All rights reserved. For personal use only.

Trading 314
article thumbnail

Goldman Sachs says buy these five stocks that are set to rally

CNBC: Investing

CNBC Pro combed through Goldman Sachs research to find five buy-rated stocks that it says have more upside. Analyst Ati Modak lifted his rating on the stock to buy from neutral, citing multipl positive catalysts ahead. The stock is up 2% this month. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Stock 132
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bank of America says buy these five stocks that are set to rally

CNBC: Investing

Analyst Jessica Reif Ehrlich recently raised her price target on the stock to $1,490 per share from $1,175, reflecting on her bullish thesis. The stock is up 39% this year. Analyst Christopher Nardone recently raised his price target on the stock to $192 per share from $173 citing a slew of positive catalysts ahead.

Stock 117
article thumbnail

These stocks, including Oracle, are among the most overbought on Wall Street

CNBC: Investing

Stocks took a hit Friday after Israel launched a series of airstrikes on Iran in the largest attack on the Islamic Republic since the Iran-Iraq war in the 1980s. The attacks sent investors out of stocks and into safe-haven assets like the U.S. The stock was marginally lower on Friday, snapping a nine-day advance.

Stock 133
article thumbnail

Sector trends - September 2024: Stock Exchanges / Clearing Houses / Trading Venues

JD Supra: Mergers

Cautious deployment of M&A war chests while concerns relating to IPO and equity market trading buoyancy continue. Current market: Fewer M&A deals as Europe's FMI tectonic plates digest acquisitions of yesteryear. By: White & Case LLP

Trading 177
article thumbnail

Permira completes Squarespace acquisition after upping bid to $7.2B

TechCrunch: M&A

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

article thumbnail

How much do stocks have to drop before trading is halted? The details on market 'circuit breakers'

CNBC: Investing

Stock futures were down so much on Sunday that trading needed to be halted momentarily.

Trading 145