Deutsche Bank lowered its target price for Hollywood Bowl Group PLC from 376p to 358p after a dry summer led to fewer rainy days, reducing footfall at the indoor entertainment venues. Despite the heatwave causing a short-term decline in visitors as people favored outdoor leisure activities, the bank maintains a 'buy' rating, confident in the company's strong cash flow and growth potential. The update reflects cautious optimism about the second half of the year amid challenging weather conditions.
Norway's Government Pension Fund Global, the world's largest sovereign wealth fund, proposed gradually reducing its $80 billion exposure to long-term U.S. Treasuries starting in 2027. This move raises questions about the future value of the iShares 2...
The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold ...
Anchored Finance has launched 10 fully backed tokenized stocks on Uniswap using the Arbitrum Layer-2 network, with simultaneous deployments on Ethereum, Base, and Monad. Each token represents a real share held by US-regulated brokers, ensuring trust ...
Hunter Biden is launching a 1 billion supply meme coin called LAPTOP on Coinbase's Base platform on Sept. 9. The token allocation includes 30% for the founding team, locked and gradually unlocked over two years, and 20% reserved for airdrops targetin...
ZCAT surged 35.4% in 24 hours by distributing 2,320 ZEC (worth $2.8 million) to holders through a unique reward system funded by a 3% fee on every token transfer. This fee buys Zcash (ZEC), which is then shared among wallets holding at least $20 in Z...
