By Hassan Shittu Key highlights: Jefferies initiated FWONK with a Buy and $115 target, citing F1’s Apple TV media deal, premium experiences, and MotoGP integration as key growth drivers Analyst consensus is bullish with 5 Buys, avg. target ~$117.57, with JPMorgan at $125 and Guggenheim at $134, despite Q2 revenue missing at $934M vs. $953M […]
Tag: Bahrain
Key highlights: KB Kookmin Bank has embraced JPMorgan’s Kinexys network for cross-border payments. The bank is the first financial institution to adopt JPMorgan’s Kinexys. The move highlights the growing adoption of blockchain in South Korea’s TradFi. KB Kookmin Bank, the largest financial institution in South Korea, is expanding its use of blockchain technology with JPMorgan’s […]
Key highlights: U.S. Treasury yields moved higher as investors reacted to escalating conflict in the Middle East and monitored the latest military developments The benchmark 10-year Treasury yield climbed to 4.568%, while the 30-year yield traded above 5% Markets are now awaiting the latest S&P Global Flash U.S. PMI report after recent inflation data reinforced […]