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06:57
1.1640 Level Tussle: The "Surface" and "Substance" of US-Iran Negotiations, Diverging Paths of US and European Central Bank Policies, How Far Can the Euro’s Rebound Go?
1.1640 Threshold Tug-of-War: The "Surface" and "Substance" of US-Iran Negotiations, Divergence of US and European Central Bank Policies—How Far Can the Euro's Rebound Go?
06:55
Investment Bank Ratings | Wall Street Reacts Positively to Spotify's Product Roadmap and Financial Targets, Raymond James Raises Price Target to $615
Glonghui, May 25 — Spotify’s Investor Day showcased a product roadmap that exceeded expectations and a convincing financial framework. Wall Street analysts are generally optimistic about the company's ability to maintain growth and expand profit margins in the medium term. Deutsche Bank reiterated its “Buy” rating for Spotify, calling it a structural winner in the audio sector. Raymond James raised Spotify’s target price from $555 to $615, reaffirmed its “Outperform” rating, and noted that the product lineup announced at the event was richer than anticipated.
06:53
ECB spokesperson Stournaras: Closure of the Strait of Hormuz may have secondary effects on wages and the prices of goods and services
A spokesperson for the European Central Bank, Stournaras, stated that the closure of the Strait of Hormuz could have secondary effects on wages and the prices of goods and services.
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