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  • Dec 17, 2024

German Business Outlook Slumps Amid Economic Uncertainty

(Bloomberg) -- German business expectations sank in December, highlighting the challenges for Europe’s top economy with snap elections likely to bring a change of government.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAn expectations gauge by the Ifo institute slumped to 84.4 from 87, the Ifo institute said Tuesday. Analysts polled by Bloomberg had predicted a slight up

  • Dec 17, 2024

Supermicro Stock Price Levels to Watch After Recent Slump

Super Micro Computer shares moved higher in premarket trading Tuesday after plunging yesterday following news that the stock will be removed from the Nasdaq 100 Index and reports that the company is exploring ways to raise capital. Monitor these important chart levels.

  • Dec 17, 2024

Brazil Central Bank Says Record Low Exchange Rate Is Fueling Inflation

(Bloomberg) -- Brazil’s central bank said inflation risks are materializing due to factors including a weaker currency and resilient demand, forcing the board to signal unanimously that borrowing costs will rise past 14% by March.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next Year“Upside inflation risks, such as the resilience of services inflation, the deanchoring of expectat

  • Dec 17, 2024

Should You Buy Bitcoin Below $115,000?

Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has been one of the big headlines in 2024. As inflation declined and the prospect of lower interest rates began to materialize, Bitcoin joined tech and growth stocks and rallied, breaking away from the rest of the crypto sector. Once president-elect Donald Trump won on election night, Bitcoin and the rest of the crypto sector soared.

  • Dec 17, 2024

Why Is Fast Charging Network EVgo Stock Plunging Today?

EVgo Inc. (NASDAQ:EVGO) shares are trading lower in premarket trading following the announcement of the pricing of a secondary public offering. The previously announced offering by EVgo Holdings, an affiliate of LS Power Equity Partners IV, involves 23 million shares of EVgo’s Class A common stock priced at $5.00 per share. Additionally, LS Power has granted underwriters a 30-day option to purchase up to 3.45 million more shares at the same price. Notably, EVgo itself is not selling any shares,

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