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Yahoo
30-06-2025
- Business
- Yahoo
Ondo Finance: ‘2025 Will Be the Year of Tokenized Stocks'
Ondo (ONDO) ONDO rose 1.5% to $0.7671 over the past 24 hours, holding near recent highs after a week of gains, according to CoinDesk Research's technical analysis model. The move comes roughly two weeks after Ondo Finance disclosed a new industry collaboration focused on setting standards for tokenized securities. In a June 17 blog post, the firm announced the creation of the Global Markets Alliance, a group of wallets, exchanges, and custodians working together to improve interoperability, investor protections, and access to tokenized real-world assets. Participants include the Solana Foundation, BitGo, Fireblocks, Jupiter, 1inch, Trust Wallet, Bitget Wallet, Rainbow Wallet, and Alpaca. The announcement comes ahead of Ondo's planned launch of Ondo Global Markets, a platform aimed at allowing crypto wallets and applications to offer tokenized exposure to U.S. publicly traded securities, such as stocks, ETFs, and mutual funds, for users based outside the U.S. According to the company, the initiative is intended to reduce frictions associated with traditional capital market infrastructure and broaden global access. Each member of the alliance is contributing in a different capacity. Wallet providers like Trust Wallet and Rainbow Wallet are integrating Ondo's tokenized asset standards, while exchanges such as Jupiter and aggregators like 1inch are expected to support programmatic access to tokenized assets. BitGo and Fireblocks are providing institutional custody and infrastructure, and Alpaca is handling brokerage and regulatory services tailored to tokenized securities. The firm said the group will work to align technical and compliance standards for tokenized securities, improve cross-platform access and liquidity, and support use cases such as self-custody and onchain trading. While the alliance has not committed to a specific timeline, its members have framed the initiative as part of a longer-term shift toward integrating traditional financial products into blockchain-based systems. In a post on X dated June 28, Ondo Finance wrote that '2025 will be the year of tokenized stocks,' indicating the team's belief that adoption of tokenized financial instruments may accelerate in the coming quarters. Technical Analysis Highlights Between June 28 15:00 UTC and June 29 14:00 UTC, ONDO rose from $0.749 to $0.769, a 2.67% gain within a 3.33% trading range. Strong support was confirmed at $0.755 with high volume during the 21:00 UTC hour on June 28. Key resistance at $0.765 was broken during the 00:00 UTC hour on June 29, when volume spiked to 8.9 million. From 13:05 to 14:04 UTC on June 29, ONDO fell slightly from $0.773 to $0.769, a 0.58% drop, with notable selling at 13:33 UTC. A temporary support level formed at $0.768 as multiple recovery attempts above $0.769 failed in the final minutes. Price action during the final hour formed a descending channel with lower highs, but the last candle hinted at potential reversal. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Global's Leading Growth Stocks With Insider Ownership June 2025
As global markets navigate a complex landscape marked by steady interest rates and mixed economic indicators, investors are closely watching developments such as the Federal Reserve's cautious stance and geopolitical tensions in the Middle East. In this environment, growth companies with high insider ownership can offer unique insights into potential resilience and alignment of interests, making them an intriguing focus for those looking to understand market dynamics better. Name Insider Ownership Earnings Growth Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 59.9% Suzhou Sunmun Technology (SZSE:300522) 35.4% 77.7% Shanghai Huace Navigation Technology (SZSE:300627) 24.3% 23.5% Pharma Mar (BME:PHM) 11.8% 44.9% M31 Technology (TPEX:6643) 30.8% 63.4% Laopu Gold (SEHK:6181) 35.5% 40.5% KebNi (OM:KEBNI B) 38.3% 66.2% Fulin Precision (SZSE:300432) 13.6% 43.7% Elliptic Laboratories (OB:ELABS) 24.4% 79% Bergen Carbon Solutions (OB:BCS) 12% 63.2% Click here to see the full list of 832 stocks from our Fast Growing Global Companies With High Insider Ownership screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Growth Rating: ★★★★☆☆ Overview: América Móvil, S.A.B. de C.V. is a telecommunications company offering services across Latin America and internationally, with a market cap of MX$1 trillion. Operations: The company's revenue primarily comes from Cellular Services, amounting to MX$897.96 billion. Insider Ownership: 22.1% América Móvil's growth potential is underscored by its significant earnings forecast of 22.8% annually, outpacing the MX market. Despite trading at a substantial discount to its estimated fair value, the company faces challenges with high debt levels and declining profit margins. Recent strategic moves include a $500 million fixed-income offering and share buybacks totaling billions of pesos, reflecting management's confidence in its long-term prospects despite delayed SEC filings. Click here and access our complete growth analysis report to understand the dynamics of América Móvil. de. Insights from our recent valuation report point to the potential undervaluation of América Móvil. de shares in the market. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Maxscend Microelectronics Company Limited focuses on the research, development, production, and sale of radio frequency integrated circuits in China, with a market cap of CN¥37.39 billion. Operations: Maxscend Microelectronics Company Limited generates revenue through its activities in the research, development, production, and sale of radio frequency integrated circuits across China. Insider Ownership: 27.8% Maxscend Microelectronics is positioned for substantial earnings growth, forecasted at 41.6% annually, surpassing the CN market. Despite trading significantly below its estimated fair value, recent financial results reveal challenges with a net loss of CNY 46.62 million in Q1 2025 and declining profit margins from the previous year. The company has approved a reduced cash dividend plan for 2024 amidst these financial headwinds, reflecting cautious optimism about future growth prospects. Unlock comprehensive insights into our analysis of Maxscend Microelectronics stock in this growth report. The analysis detailed in our Maxscend Microelectronics valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Fuji Media Holdings, Inc., with a market cap of ¥630.87 billion, operates in Japan primarily through its subsidiaries that engage in broadcasting activities. Operations: The company's revenue primarily comes from its Media Content Business, generating ¥404.38 billion, and its Urban Development/Tourism Business, contributing ¥140.99 billion. Insider Ownership: 10.4% Fuji Media Holdings is navigating a complex landscape with activist investor pressure and recent governance reforms. The company's revenue growth forecast of 4.1% annually surpasses the JP market average, although it remains below high-growth benchmarks. Recent board changes, including the establishment of a Nomination and Remuneration Committee, aim to enhance governance amid shareholder activism urging a real estate spin-off for potential value doubling. Despite current financial challenges, insiders maintain substantial ownership, indicating confidence in future profitability within three years. Navigate through the intricacies of Fuji Media Holdings with our comprehensive analyst estimates report here. Upon reviewing our latest valuation report, Fuji Media Holdings' share price might be too optimistic. Delve into our full catalog of 832 Fast Growing Global Companies With High Insider Ownership here. Curious About Other Options? Rare earth metals are the new gold rush. Find out which 24 stocks are leading the charge. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BMV:AMX B SZSE:300782 and TSE:4676. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
26-06-2025
- Business
- Yahoo
Morning Bid: Trump punches at Powell, dollar recoils
A look at the day ahead in European and global markets from Ankur Banerjee Just as investor sentiment was recovering from the latest geopolitical jolt, buoyed by the Israel-Iran ceasefire, President Donald Trump rattled markets again with an attack on the Fed chair that revived worries over the central bank's independence. The result has been another bout of dollar selling, which pushed the euro to its strongest level since November 2021 and the Swiss franc to its highest in a decade. A report from the Wall Street Journal said Trump has toyed with the idea of naming Fed Chair Jerome Powell's replacement as early as September, which could undermine Powell's authority for the remainder of his term to next May. Trump has repeatedly chastised Powell for not cutting interest rates and said he was "terrible" in the latest attack on Wednesday, eroding investor faith in the U.S. central bank's independence in setting policy. Earlier this month, Trump openly contemplated firing Powell and even mused about making himself the Fed chair, although he subsequently backed off. "I know within three or four people who I'm going to pick," Trump told reporters on Wednesday, when asked if he is interviewing candidates to replace Powell. All that uncertainty, along with Trump's chaotic trade policies and their potential threat to economic growth, have taken a toll on the U.S. dollar as investors look to move their money elsewhere. The dollar index, which measures the currency against six other units, is down 10% this year and on course for a sixth straight month in the red. The last time it had a run like this was in 2017. While the "sell America" theme has faded somewhat in the past few weeks, as evidenced by U.S. stocks hitting record highs, investors remain worried about the dollar and how Trump's tariff policies could affect it. Trump's tariffs are coming back onto the markets' radar as the clock ticks down to his July 9 deadline for trade deals. In Thursday's Asia trade, futures indicated a muted open for European stock markets. Investors will keep an eye on defence stocks after NATO leaders backed the big increase in defence spending that Trump had demanded. The big news in the corporate world was Shell denying it was in talks to buy British rival BP, after the Wall Street Journal reported on Wednesday that the oil majors were in early discussions about a takeover. Key developments that could influence markets on Thursday: Economic events: Germany Gfk consumer sentiment for July Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here. (By Ankur Banerjee; Editing by Edmund Klamann) Sign in to access your portfolio
Reuters
26-06-2025
- Business
- Reuters
Morning Bid: Trump punches at Powell, dollar recoils
A look at the day ahead in European and global markets from Ankur Banerjee Just as investor sentiment was recovering from the latest geopolitical jolt, buoyed by the Israel-Iran ceasefire, President Donald Trump rattled markets again with an attack on the Fed chair that revived worries over the central bank's independence. The result has been another bout of dollar selling, which pushed the euro to its strongest level since November 2021 and the Swiss franc to its highest in a decade. A report from the Wall Street Journal said Trump has toyed with the idea of naming Fed Chair Jerome Powell's replacement as early as September, which could undermine Powell's authority for the remainder of his term to next May. Trump has repeatedly chastised Powell for not cutting interest rates and said he was "terrible" in the latest attack on Wednesday, eroding investor faith in the U.S. central bank's independence in setting policy. Earlier this month, Trump openly contemplated firing Powell and even mused about making himself the Fed chair, although he subsequently backed off. "I know within three or four people who I'm going to pick," Trump told reporters on Wednesday, when asked if he is interviewing candidates to replace Powell. All that uncertainty, along with Trump's chaotic trade policies and their potential threat to economic growth, have taken a toll on the U.S. dollar as investors look to move their money elsewhere. The dollar index , which measures the currency against six other units, is down 10% this year and on course for a sixth straight month in the red. The last time it had a run like this was in 2017. While the "sell America" theme has faded somewhat in the past few weeks, as evidenced by U.S. stocks hitting record highs, investors remain worried about the dollar and how Trump's tariff policies could affect it. Trump's tariffs are coming back onto the markets' radar as the clock ticks down to his July 9 deadline for trade deals. In Thursday's Asia trade, futures indicated a muted open for European stock markets. Investors will keep an eye on defence stocks after NATO leaders backed the big increase in defence spending that Trump had demanded. The big news in the corporate world was Shell (SHEL.L), opens new tab denying it was in talks to buy British rival BP (BP.L), opens new tab, after the Wall Street Journal reported on Wednesday that the oil majors were in early discussions about a takeover. Key developments that could influence markets on Thursday: Economic events: Germany Gfk consumer sentiment for July Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here.
CNET
23-06-2025
- Business
- CNET
Weekly Mortgage Rate Forecast for June 23-29, 2025
Tharon Green/CNET Though the housing market is never immune to political and economic volatility, mortgage rates have been eerily calm. Over the last month, the average rate for a 30-year fixed mortgage has moved in a narrow range between 6.8% and 7%. An escalating war in the Middle East could spark fresh volatility across global markets, significantly affecting oil prices and the US dollar. That would have a ripple effect on long-term Treasury yields and mortgage rates. Mortgage rates had been expected to gradually improve in 2025, but the Trump administration's inflationary tariffs, deficit spending and geopolitical maneuvering led to bleaker forecasts. Most economists now say average mortgage rates will stay above 6.5% for the better part of the year, keeping many prospective homeowners away. "You'd need to see mortgage rates pretty far below current levels, certainly below 6.75%, to incentivize homebuyers," said Beth Ann Bovino, chief economist at U.S. Bank. CNET Fed rate cuts still on the agenda Despite widespread pleas for lower consumer borrowing costs, including from the White House, the Federal Reserve held interest rates steady again at its monetary policy meeting on June 18. The prolonged pause in rate cuts gives the central bank some time to assess numerous wild cards: the labor market, price growth and an evolving conflict with Iran. The Fed is tasked with maintaining maximum employment and containing inflation, primarily through setting its short-term benchmark interest rate for lenders. A sluggish economy typically warrants interest rate cuts to stimulate growth, but lowering rates too quickly could fuel price growth when inflation is still above target. The central bank could cut rates as early as this fall, especially if rising jobless claims and slowing economic growth force its hand. At the same time, other factors, including the current conflict in the Middle East, could quash hopes of rate cuts, pushing them off until next year. Monetary policy changes by the Fed influence overall borrowing rates, though it's not a one-to-one relationship with home loans. In 2024, the central bank cut interest rates three times, but mortgage rates didn't fall. Mortgage rates are primarily driven by movement in the bond market, specifically the 10-year Treasury yield. Bond yields and interest rates rise or fall depending on how inflation and labor data shift investor speculation and risk assessment. The impact of tariffs and war on mortgage rates A significant concern is how a global trade war and a prolonged military war in the Middle East could impact interest rates and the housing market. Mortgage rates are highly sensitive to fiscal policy and supply chain shocks. If inflation increases due to tariff policies or a surge in energy costs, mortgage rates could increase. "Even though many of the tariffs are in place, some of the big ones have yet to take effect," said Bovino. The average household in the US is expected to lose about $3,000 in income from tariffs, with lower-income households getting hit even harder, according to Bovino. On the flip side, the Israel-Iran-US conflict could spark fear of a downturn and propel investors to buy safer investments like US Treasury bonds. During periods of heightened geopolitical turmoil, increased demand for bonds can drive prices up and yields down, temporarily pushing mortgage rates lower. Neither scenario would be positive news. When households are nervous about their finances, they'll be more reluctant to make huge purchases and take on new debt. Adjusting to an unaffordable housing market Major affordability challenges resulted in another inactive spring homebuying season. Even as the long-standing housing shortage eases in several local markets and gives some buyers improved negotiating power, the rest remain locked out by steep home prices. "Prices are still incredibly high," Bovino said. "Add to that the borrowing costs of a mortgage, and it's prohibitively expensive for most people to get into the housing market." Prospective buyers waiting for mortgage rates to drop may soon have to adjust to the "higher for longer" rate environment, with mortgage loan rates fluctuating between 5% and 7% over the longer term. While market forces are out of your control, there are ways to make buying a home slightly more affordable. Last year, nearly half of all homebuyers secured a mortgage rate below 5%, according to Zillow. Here are some proven strategies that can help you save up to 1.5% on your mortgage rate. 💰 Build your credit score. Your credit score will help determine whether you qualify for a mortgage and at what interest rate. A credit score of 740 or higher will help you qualify for a lower rate. 💰 Save for a bigger down payment. A larger down payment allows you to take out a smaller mortgage and get a lower interest rate from your lender. If you can afford it, a down payment of at least 20% will also eliminate private mortgage insurance. 💰 Shop for mortgage lenders. Comparing loan offers from multiple mortgage lenders can help you negotiate a better rate. Experts recommend getting at least two to three loan estimates from different lenders. 💰 Consider mortgage points. You can get a lower mortgage rate by buying mortgage points, with each point costing 1% of the total loan amount. One mortgage point equals a 0.25% decrease in your mortgage rate. Now Playing: 6 Ways to Reduce Your Mortgage Interest Rate by 1% or More 02:31
