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In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
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The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
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Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
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London, United Kingdom--(Newsfile Corp. - September 16, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), a global cannabis company, is excited to announce that it has obtained a license for hemp cultivation in Canada. This license is directly tied to Akanda's previously announced agreement with 1107385 B.C. LTD, further advancing the company's strategic initiatives in the Canadian cannabis market.
This latest development highlights Akanda's commitment to executing its strategic vision and solidifying its role as a leader in the global cannabis industry.
About Akanda Corp.
Akanda is an international medical cannabis and wellness platform company seeking to help people lead better lives through improved access to high quality and affordable products. Akanda's portfolio includes CanMart, a UK-based fully licensed pharmaceutical importer and distributor which supplies pharmacies and clinics within the UK. The Company's seed-to-patient supply chain also includes partnerships Cellen Life Sciences' Leva Clinic, one of the first fully digital pain clinics in the UK. Akanda also acquired the right to develop a Canadian farming property in British Columbia, including farming land and related operations and licenses. The Company plans to develop THC and cannabinoid (CBD) facilities at this site.
Connect with Akanda: Email (mailto:ir@akandacorp.com) | Website (https://api.newsfilecorp.com/redirect/nVjEOS3pwV) | LinkedIn (https://api.newsfilecorp.com/redirect/K8WkZurQ2P) | Twitter (https://api.newsfilecorp.com/redirect/EywjMf7OGw) | Instagram (https://api.newsfilecorp.com/redirect/x3oZzugX3G)
Investor Contact ir@akandacorp.com
Cautionary Note Regarding Forward-Looking Information and Statements
This press release contains certain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Akanda's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Akanda's control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking statements may relate to anticipated events or results including, but not limited to business strategy, product development and sales and growth plans. The forward-looking statements contained in this press release are made as of the date of this press release, and Akanda does not undertake to update any forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223482
To gain an edge, this is what you need to know today.
Silver Is The New AI Play
Please click here for an enlarged chart of silver ETF iShares Silver Trust .
Note the following:
Magnificent Seven Money Flows
In the early trade, money flows are neutral in Meta Platforms Inc , Amazon.com, Inc. , and Alphabet Inc Class C .
In the early trade, money flows are negative in AAPL, Microsoft Corp , NVIDIA Corp , and Tesla Inc .
In the early trade, money flows are positive in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1 .
Momo Crowd And Smart Money In Stocks
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust . The most popular ETF for silver is iShares Silver Trust SLV. The most popular ETF for oil is United States Oil ETF .
Bitcoin
Bitcoin is seeing light selling.
Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever Generate Wealth Newsletter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
CHARLOTTE, NC / ACCESSWIRE / September 16, 2024 / Edtech leader Discovery Education is offering teachers and administrators a free guide to applying for government and private grants. Entitled Your Guide to K-12 Education Grants, this resource illuminates the wide variety of K-12 grants available to educators and provides practical advice on how to prepare successful grant applications.
K-12 grants are a lifeline for schools and educators, offering much-needed financial support to innovate and enhance educational experiences. For school administrators and teachers alike, these grants can mean the difference between a basic curriculum and one that truly inspires and engages students.
InsideYour Guide to K-12 Education Grants, readers will discover:
What to do before applying for a grant
How to match grant proposals with providers
Tips for writing winning grant applications
Information on Federal and non-Federal grant sources
Links to additional grant resources
Educators can download a free copy of the Your Guide to K-12 Education Grants resource here.
"Grants are an important part of the K-12 funding ecosystem," said Brian Shaw, Chief Executive Officer of Discovery Education. "They don't just enhance classrooms, they help build stronger, more adaptable learning environments that empower educators, ignite student curiosity, and drive engagement. Discovery Education is proud to make Your Guide to K-12 Education Grants available, and hope educators nationwide will use it to unlock this important source of funding."
For more information about Discovery Education's award-winning digital resources and professional learning solutions, visit www.discoveryeducation.com, and stay connected with Discovery Education on social media through X, LinkedIn, Instagram, TikTok, and Facebook.
###
About Discovery Education
Discovery Education is the worldwide edtech leader whose state-of-the-art digital platform supports learning wherever it takes place. Through its award-winning multimedia content, instructional supports, innovative classroom tools, and corporate partnerships, Discovery Education helps educators deliver equitable learning experiences engaging all students and supporting higher academic achievement on a global scale. Discovery Education serves approximately 4.5 million educators and 45 million students worldwide, and its resources are accessed in over 100 countries and territories. Inspired by the global media company Warner Bros. Discovery, Inc. Discovery Education partners with districts, states, and trusted organizations to empower teachers with leading edtech solutions that support the success of all learners. Explore the future of education at www.discoveryeducation.com.
Contact
Stephen Wakefield Discovery Education Phone: 202-316-6615 Email: swakefield@discoveryed.com
View additional multimedia and more ESG storytelling from Discovery Education on 3blmedia.com.Contact Info: Spokesperson: Discovery Education Website: https://www.3blmedia.com/profiles/discovery-education Email: info@3blmedia.com
SOURCE: Discovery Education
View the original press release on accesswire.comMicrosoft Corporation (MSFT) is currently at $430.76, up $0.17 or 0.04%
All data as of 10:45:20 AM ET
Source: Dow Jones Market Data, FactSet
Sept 16 (Reuters) - Microsoft Corp MSFT.O:
MICROSOFT: LAUNCHING NEXT WAVE OF MICROSOFT 365 COPILOT, BRINGING TOGETHER WEB + WORK+ PAGES - BLOG
MICROSOFT: INTRODUCING COPILOT AGENTS, NOW GENERALLY AVAILABLE
MICROSOFT: COPILOT PAGES ROLLING OUT TODAY FOR MICROSOFT 365 COPILOT CUSTOMERS, TO BE GENERALLY AVAILABLE LATER THIS MONTH
MICROSOFT: ANNOUNCING COPILOT IN EXCEL WITH PYTHON, WHICH IS IN PUBLIC PREVIEW
MICROSOFT: ANNOUNCING AGENT BUILDER, POWERED BY COPILOT STUDIO
MICROSOFT: COPILOT CUSTOMERS INCREASED MORE THAN 60% QUARTER-OVER-QUARTER
Further company coverage: MSFT.O
Logitech LOGI shares have soared 20.3% over the past year, outperforming the Zacks Computer - Peripheral Equipment industry’s decline of 14.2%. This outperformance reflects investors’ growing optimism about Logitech, which has been trying to recover from the post-pandemic downturn. The company is constantly trying to enrich its portfolio with new product launches to drive sales.
Logitech recently expanded its Bluetooth speaker portfolio with MINIROLL under the Ultimate Ears brand. LOGI launched this product on customer request as they wanted a portable speaker that could be carried anywhere strapped to their outfit.
This lightweight and compact speaker weighs 279 grams and comes with a waterproof, dustproof and drop-proof build. The speaker features a custom driver, bass radiators and autocast technology. The autocast technology enables users to connect as many miniroll speakers as they want to connect. The speaker has a Bluetooth range of 40 meters, supports 12 hours of battery life on a single charge and comes with USB-C charging.
In the past year, Logitech has launched a number of music and innovative audio equipment that includes EVERBOOM portable speaker with 360° sound, EPICBOOM Bluetooth speaker, Logitech G ASTRO A50 X LIGHTSPEED wireless headset, Zone Wireless 2 headsets for work and software like Streamlabs plugin for Loupedeck users.
These innovative launches have been driving Logitech’s revenues from the Headset division. In the first quarter of fiscal 2025, sales from the segment improved 20% year over year to $44.2 million.
Logitech One-year Performance Chart
Logitech Benefits From Its Innovative Portfolio
Alongside its audio portfolio, LOGI has also enriched its consumer electronic portfolio, including gaming products and office work accessories. Logitech has stormed the gaming market with LIGHTSPEED Gaming Mouse, Logitech G515 next generation gaming keyboard and PRO X 60 Gaming Keyboard.
So far this year, Logitech has contributed its AI-powered USB conference camera MeetUp 2 and other webcams, including MX Brio/MX Brio 705 for Business and Mevo Core 4K camera, in the webcam market. With all these innovations in place, LOGI is expected to serve a wide customer base. For the office electronic accessories market, LOGI launched the Casa Pop-Up Desk, Signature Slim K950, Slim Combo and Slim Combo for Business keyboards.
Furthermore, Logitech dedicated an entire lineup of products for Apple’s AAPL Mac under the brand Logi for Mac products. To gain market share among Apple users, Logitech has enhanced the compatibility of its product lineup with Mac OS and iPadOS. Logitech has launched dedicated macOS keyboards for the Apple ecosystem. LOGI’s portfolio for Mac users includes MX Anywhere 3S keyboards, MX Keys S, MX Keys S Combo, MX Keys Mini and Ergo Series Wave Keys.
In the past couple of years, LOGI has certified its peripherals to work seamlessly with Microsoft MSFT and Intel INTC products. LOGI has certified its Sight AI Camera from Microsoft Teams. Logitech also verified its mouse and keyboard for Intel Evo laptops that meet strict requirements for reliability, interoperability and security.
Near-Term Headwinds for LOGI Stock
Logitech’s near-term prospects might be negatively impacted by softening IT spending. The weakening global economy amid ongoing macroeconomic uncertainties and geopolitical issues has been prompting enterprises to postpone their large IT spending plans.
Continued industry layoffs due to growing recessionary concerns are hampering the demand for PC peripheral products by organizations. Moreover, a lack of the need for product refreshes is expected to negatively impact the demand for Logitech’s products in the near term. Notably, the majority of the global working population refreshed PCs and related peripheral products about two years ago in the wake of the pandemic-led work-from-home trend.
Logitech also operates in a highly competitive market, which is characterized by short product life cycles, constant new product introductions, rapidly changing technology, evolving customer demands and aggressive promotional and pricing practices. This is also a major concern for LOGI.
Logitech expects fiscal 2025 sales in the band of $4.34-$4.43 billion. The Zacks Consensus Estimate for revenues is pegged at $4.39 billion, indicating year-over-year growth of 2.2%.
Conclusion: Hold LOGI Stock for Now
Logitech is on a recovery path from the post-pandemic downturn. Its growth is supported by a recovery in the personal computer market. Logitech’s sustained focus on grabbing a larger market share in the highly competitive PC peripheral equipment industry by pursuing innovation and expanding its product lines is commendable.
However, a sluggish IT spending environment might hurt its near-term prospects. Also, LOGI currently carries a Zacks Value Score of C, reflecting a stretched valuation at present. Considering these factors, it is prudent for investors to wait for a better entry time for this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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