Latest Market News
Xponential Fitness Inc. XPOF, +1.78% announced Thursday that it has partnered with Lululemon Athletica Inc. LULU, -2.11% to create fitness programming for Lululemon’s Mirror at-home fitness system. Four of Xponential’s brands will provide content for the latest Mirror product, which will be out in the fall: AKT, a dance-based cardio program; Pure Barre, a ballet […]
The Australian Prudential Regulation Authority foresees enacting requirements for bank exposure, operational risk and stablecoins by 2025. 760 Total views 18 Total shares The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities […]
Shares of PPG Industries Inc. PPG, +1.10% rose 2% in the extended session Thursday after the paint and coatings maker reported first-quarter profit and sales above Wall Street expectations and said it will increase prices again to fend off rising prices for raw materials and other costs increases. PPG said it earned $18 million, or […]
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas. 403 Total views 24 Total shares Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or […]
Stocks ended sharply lower Thursday, reversing strong early gains as Treasury yields saw a renewed rise. The Dow Jones Industrial Average DJIA, -1.05% fell around 369 points, or 1%, to finish near 34,792, according to preliminary figures, while the S&P 500 SPX, -1.48% dropped 1.5% and the Nasdaq Composite COMP, -2.07% tumbled 2.1%. The yield […]
After reaching new highs, USDJPY started a correction. Having updated its 20-year lows against the USD, the Japanese Yen reached stability but is still looking very weak. The current quote for the instrument is 128.05. The Yen dropped to 129.41 this week but later managed to correct a little bit and reach stability. As the […]