Calumet Sells Industrial Assets of Royal Purple Business to Lubrication Engineers Calumet, Inc., a leading independent petroleum products marketing and logistics company, has recently made headlines with its decision to sell certain assets related to the industrial portion of its Royal Purple® business. This transaction was announced on February 28, 2025, and was made with…
Oh, the Drama! A Class Action Lawsuit Against PDD Holdings Inc. What’s the Buzz in the Financial World? So, it looks like PDD Holdings Inc. (formerly known as Pinduoduo Inc.) is in some hot water with investors. The Schall Law Firm, a national shareholder rights litigation firm, has reminded investors about a class action lawsuit…
The “Lag Seven” Saga: A New Chapter in Tech Stocks The tech-heavy “Magnificent Seven” – comprised of Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) – has been a staple in investors’ portfolios for quite some time. However, as the market broadens out, these once high-flying…
Deribit Data Forecasts $50,000 Bitcoin Value by March 2024 Amid Potential Gamma Squeeze The Potential of Bitcoin Unveiled As we delve into the intricate world of cryptocurrency, every piece of data holds pivotal importance. The latest insights from Deribit shed light on Bitcoin’s potential trajectory by the end of Q1 2024. The strike price analysis,…
Hepsiburada Announces Fourth Asset-Backed Securities Issuance of TRY 500 Million Istanbul, Turkey – In an exciting development for the Turkish e-commerce industry, D-MARKET Electronic Services & Trading, operating under the brand name “Hepsiburada” (NASDAQ: HEPS), has announced the issuance of asset-backed securities (ABS) worth TRY 500 million. This marks the fourth such issuance by Hepsiburada,…
Assertio Holdings Reports Impressive Financial Results for Q4 and Full Year 2024 Assertio Holdings, Inc., a leading pharmaceutical company, recently announced its financial results for the fourth quarter and full year ended December 31, 2024. The company reported impressive figures, with net product sales for the fourth quarter reaching $29.6 million, and cash flow from…
RBA defies expectations with rate hike, may still require further tightening In a surprising move, RBA raises cash rate target by 25bps to 3.85%, contrary to market expectations of a hold. Nevertheless, RBA softened its tightening bias, stating, “some further tightening of monetary policy may be required,” depending on “how the economy and inflation evolve.”…
Robbins Geller Rudman & Dowd LLP Presents Opportunity for Iris Energy Limited Investors Deadline for Lead Plaintiff in Class Action Lawsuit Approaching San Diego, Dec. 04, 2024 (GLOBE NEWSWIRE) Robbins Geller Rudman & Dowd LLP has announced a crucial deadline for investors who have suffered substantial losses with Iris Energy Limited (NASDAQ: IREN). The deadline…
