Author: Lucas

FTSE 100 mixed outlook Analysis of retail trader positioning reveals a slight bearish tilt, with 48.54% of traders holding long positions and a short-to-long ratio of 1.06 to 1. While net-long positions have decreased marginally by 0.85% since yesterday, they have increased by 19.89% over the past week. Conversely, net-short positions have seen a minor 0.44% increase from yesterday but a 15.36% decrease compared to last week. Given our contrarian approach to market sentiment, the net-short bias suggests the potential for continued Financial Times Stock Exchange (FTSE) 100 appreciation. However, the mixed short-term and medium-term positioning shifts indicate a nuanced…

In a paper published on February 7, 2019, in Nature Communications, researchers describe the excellent performance of ruthenium catalysts and provide an understanding of how the catalyst works. This mechanistic insight may help improve such catalysts in the future. The new ruthenium-based catalyst was used by the researchers to split water and therefore produce hydrogen, providing a promising alternative to the costly platinum-based catalysts used today. Anusorn Nakdee/Shutterstock Background Hydrogen is a clean and environmentally friendly fuel. One method used for hydrogen production is splitting water into hydrogen and oxygen. The electrochemical splitting of water can be done in acidic…

BEIJING – China will start building national emerging-industry development demonstration bases, with the goal of establishing about 100 industrial-park demonstration bases and 1,000 enterprise-type demonstration bases by 2035, according to a circular released by the Ministry of Industry and Information Technology. Per the circular, the construction of demonstration bases will align with national development strategies for 2035 and the 15th Five-Year Plan period (2026-2030), with a focus on key emerging sectors such as next-generation information technology, new energy, new materials, biology, high-end equipment, intelligent connected new energy vehicles, low-altitude equipment and aerospace, and the green and environmental protection industries. Industrial-park…

Hydrogen fuel cells could help power the AI revolution. But will it be enough to reverse Plug Power’s fortunes?Plug Power (PLUG 1.26%) is a key player in the hydrogen fuel cell market, and the company proudly proclaims that it’s “leading the green hydrogen revolution.” But with mainstream adoption of green hydrogen likely a decade or two away, Plug Power seems like the belle of a ball that hasn’t happened yet. Unfortunately, Plug Power has been a wretched investment. Since debuting as a publicly traded company in 1999, Plug Power stock has plummeted 99%. Plug’s operational losses have been persistent, and…

[SINGAPORE] UOB said on Tuesday (Nov 25) that it has priced 850 million euros (S$1.3 billion) in fixed-rate covered bonds due 2030.The covered bonds will bear interest at 2.718 per cent per annum, payable annually in arrear. The bonds, which are part of the lender’s US$15 billion global covered bond programme, are expected to be rated “Aaa” by Moody’s Investors Service and “AAA” by Standard & Poor’s Ratings.Payments of interest and principal will be guaranteed by Glacier Eighty, secured by a portfolio of loans purchased by the company from the bank and other assets of the company.The bonds are expected…

Jammu: The Jammu Sub-Zonal Office of the Enforcement Directorate (ED) in Jammu and Kashmir said on Monday that the agency has attached immovable property worth Rs 1 crore under the Prevention of Money Laundering Act (PMLA), 2002.A press statement by the ED said, “The Jammu Sub-Zonal Office of the Enforcement Directorate (ED) has provisionally attached immovable property worth nearly Rs 1 crore under the Prevention of Money Laundering Act (PMLA), 2002. “The provisionally attached property comprises industrial land at Panipat, Haryana, of M/s Vidit Healthcare Private Ltd., Sirmour, Himachal Pradesh, the ED initiated investigation in respect of case registered by…

At 13:08 GMT, XAUUSD is trading $4090.32, up $12.47 or +0.31%. Gold Market Pullback as Dollar Firms Ahead of Jobs Data Gold is down more than 1% on Thursday, driven by a firmer dollar and a sharp drop in expectations for a December rate cut. The dollar index sits near a two-week high, and that strength continues to pressure XAU/USD. Traders are dealing with typical year-end two-way flow, with profit-taking meeting fresh positioning. The Fed minutes didn’t help the bullish side either: officials cut in October but warned that easing too fast risks sticky inflation and credibility concerns. Rate-cut pricing for…

The great and the good of the darting world will descend on Alexandra Palace in December for what is set to be another drama-filled three weeks of World Championship action.Every iteration of the tournament gets bigger and better and this year is no different. The PDC has confirmed that a record breaking cheque awaits the winner on Jan. 3 with an expanded 128-player field throwing for a share of the £5 million fund.The latest marker in the sport’s exponential growth comes after Luke Littler took home the first world title of his career last year — an achievement for which…

Whales with a lot of money to spend have taken a noticeably bullish stance on Capricor Therapeutics.Looking at options history for Capricor Therapeutics (NASDAQ:CAPR) we detected 13 trades.If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 23% with bearish.From the overall spotted trades, 7 are puts, for a total amount of $498,769 and 6, calls, for a total amount of $468,675.Expected Price MovementsAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1.0…

GREENWICH, Conn., April 16, 2025–(BUSINESS WIRE)–QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced it intends to make an offering of $500 million of shares of its common stock (the “Offering”). QXO’s common stock is listed on the New York Stock Exchange under the symbol “QXO.” QXO intends to grant the underwriters of the Offering an option to purchase up to an additional $75 million of shares of common stock at the same price per share as the other shares of our common stock purchased by the underwriters in the offering. QXO intends to use the net proceeds from…