29 September, 2021 by The TZ Newswire Staff Comments Off on Why Greenidge Generation Stock Surged Today
Why Greenidge Generation Stock Surged Today
Shares of Greenidge Generation (NASDAQ: GREE) rose on Wednesday, following positive analyst commentary. By the close of trading, the power generation and cryptocurrency mining company’s stock price was up 6.8% after rising as much as 36.7% earlier in the day.
B. Riley analyst Lucas Pipes placed a buy rating on Greenidge’s shares. He sees the stock soaring to $78 per share, or more than triple its current price.
29 September, 2021 by The TZ Newswire Staff Comments Off on Enerpac Tool Group (EPAC) Q4 2021 Earnings Call Transcript
Enerpac Tool Group (EPAC) Q4 2021 Earnings Call Transcript
Enerpac Tool Group (NYSE: EPAC)
Q4 2021 Earnings Call
Sep 29, 2021, 11:00 a.m. ET
Operator
29 September, 2021 by The TZ Newswire Staff Comments Off on The US SEC currently has 19 pending Bitcoin ETF applications
The US SEC currently has 19 pending Bitcoin ETF applications
Bitcoin exchange-traded funds (ETFs) have long been considered the pinnacle of the crypto market—once approved, they would legitimize the industry and push it into the mainstream.
The lack of action from the U.S. Securities and Exchange Commission (SEC) might indicate that there’s very little improvement happening in this field. However, with new filings being submitted every month, the regulator is currently sitting on 19 Bitcoin ETF applications, showing that there’s substantial demand from the industry.
29 September, 2021 by The TZ Newswire Staff Comments Off on Why Shares of Arqit Quantum Were Up Nearly 11% Today
Why Shares of Arqit Quantum Were Up Nearly 11% Today
Shares of next-gen encryption-software trailblazer Arqit Quantum (NASDAQ: ARQQ) were up 10.9% as of market close today, according to data provided by S&P Global Market Intelligence. Arqit, which just went public via a SPAC merger at the start of September, is currently double the price it was when it made its publicly traded debut, but is half its peak valuation in mid-September.
29 September, 2021 by The TZ Newswire Staff Comments Off on Warby Parker Goes Public. What It Means for the Stock Market
Warby Parker Goes Public. What It Means for the Stock Market
The stock market finished mixed on Wednesday, as an early attempt to regain some of the ground major market benchmarks lost on Tuesday ended up giving way to continued nervousness about the short-term impact of inflation and other macroeconomic pressures on stocks. The Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) eked out small gains, but the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended up losing more ground.
Index
Percentage Change
29 September, 2021 by The TZ Newswire Staff Comments Off on New Zealand Building Permits for August +3.8% m/m (expected +2.3%)
New Zealand Building Permits for August +3.8% m/m (expected +2.3%)
NZ data, Building Permits for August beat at up 3.8% on the month
For the y/y, +42.3%, which is reflective of the slower 2020.
Highlights:
Skyrocketing home prices in NZ are a political issue, this pipeline of building may go some way to alleviating the pressure.
29 September, 2021 by The TZ Newswire Staff Comments Off on Chamath Palihapitiya is very worried about inflation and hedging in 3 ways
Chamath Palihapitiya is very worried about inflation and hedging in 3 ways
The Social Capital Founder likes hypergrowth companies, cash-generating businesses and a handful of assets, like bitcoin, that don’t correlate to the former two.