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15:10
YOM completes $3 million strategic financing
Foresight News reported that DePIN gaming protocol YOM has announced the completion of a $3 million strategic funding round, with participation from Avalanche Foundation, CV VC, Protein Capital, Blockraise, Simms International, and an APAC high-performance industrial computing operator. The funds from this round will be used to accelerate the development of its mainnet on the Avalanche blockchain.
15:05
The probability of a European Central Bank rate cut before December rises to 40%
Money market data shows that the probability of the European Central Bank cutting interest rates before December has risen to 40%, compared to 30% before the release of the US CPI data.
15:00
Bofa Global Research has upgraded SPX Technologies' investment rating from "Neutral" to "Buy," while significantly raising its target price from $240 to $280.
This adjustment reflects the institution's positive outlook on the future growth prospects of SPX Technologies. The rating upgrade is based on an in-depth analysis of the company's business development and market position. The target price has been raised by 16.7%, demonstrating analysts' strong confidence in the company's valuation. This move may trigger a market re-evaluation of SPX Technologies' stock. Investors will closely monitor the impact of this rating change on the stock price. A shift in attitude from professional institutions often signals significant investment opportunities, and market participants need to adjust their investment strategies accordingly.
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