Latest news for Exodus Movement (OTC:EXOD) Stock

Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).

From East And West: Asia Broadband’s Payment Gateway For The Future?

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The Bosphorus Bridge in Turkey was a marvel when it was completed in 1973. 

From East And West: Asia Broadband&#39;s Payment Gateway For The Future?

EXODUS MOVEMENT INC A by Exodus Movement, Inc.

Exodus Movement Inc

Piper Sandler analyst Edward Tenthoff downgrades Kronos Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRON#NASDAQ">KRON</a>) from Overweight to Neutral and lowers the price target from $6 to $1.

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KRON

Piper Sandler Downgrades Kronos Bio to Neutral, Lowers Price Target to $1

Oppenheimer analyst Scott Schneeberger reinstates Target Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TH#NASDAQ">TH</a>) with a Perform.

Initiation

Oppenheimer Reinstates Perform on Target Hospitality

Enerflex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFXT#NYSE">EFXT</a>) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.01 by 2300 percent. The company reported quarterly sales of $601.000 million which missed the analyst consensus estimate of $605.000 million by 0.66 percent. This is a 3.61 percent increase over sales of $580.073 million the same period last year.

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EFXT

Enerflex Q3 2024 GAAP EPS $0.24 Beats $0.01 Estimate, Sales $601.000M Miss $605.000M Estimate

Morgan Stanley analyst Ricky Goldwasser upgrades Doximity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) from Underweight to Equal-Weight and raises the price target from $33 to $53.

Upgrades

DOCS

Morgan Stanley Upgrades Doximity to Equal-Weight, Raises Price Target to $53

Gogoro Forecasts FY24 Gross Margin To Be Materially Negatively Impacted In The Short-term As Result Of Ongoing And Accelerated Battery Upgrade Initiatives

BGNE

BeiGene Intends To Change Name To BeOne Medicines Ltd.; Stock Ticker On Nasdaq To Change To 'ONC'

On Wednesday, November 13th, U.S. markets ended mixed. The Dow and S&amp;P 500 edged higher while the Nasdaq dipped. October CPI data met expectations, supporting bets on a December Fed rate cut. Core CPI rose 0.3%. Consumer discretionary stocks gained, driven by optimism over potential rate cuts.
According to economic data, the annual U.S. inflation rate increased to 2.6% in October, up from 2.4% in September, matching market expectations. The consumer price index (CPI) climbed 0.2% on a monthly basis in October.
Consumer discretionary, energy and real estate led S&amp;P 500 gains Wednesday, while tech and communication services stocks declined.
The Dow Jones Industrial Average was up 0.11% and closed at 43,958.19, the S&amp;P 500 rose 0.02% to 5,985.38, and the Nasdaq Composite declined 0.26% to finish at 19,230.72.
Asia Markets Today
<ul>
<li>On Thursday, Japan&#8217;s Nikkei 225 declined 0.61% and ended the session at 38,504.00, led by losses in the Precision Instruments, Automobiles &amp; Parts, and Power sectors.</li>
<li>Australia&#8217;s S&amp;P/ASX 200 rose 0.37% and ended the day at 8,224.00, led by gains in the IT, Financials and Consumer Discretionary sectors.</li>
<li>India&#8217;s Nifty 50 traded lower by 0.02% at 23,555.50, and Nifty 500 was up 0.30% at 21,981.65, led by losses in the Fast Moving Consumer Goods, Healthcare, and Public Sector Undertakings sectors.</li>
<li>China&#8217;s Shanghai Composite declined 1.73% to close at 3,379.84, and the Shenzhen CSI 300 fell 1.73%, finishing the day at 4,039.62.</li>
<li>Hong Kong&#8217;s Hang Seng slipped 1.96% and closed the session at 19,435.81.</li>
</ul>
Eurozone at 05:30 AM ET
<ul>
<li>The European STOXX 50 index was up 1.27%.</li>
<li>Germany&#8217;s DAX gained 1.27%.</li>
<li>France&#8217;s CAC rose 0.86%.</li>
<li>U.K.&#8217;s FTSE 100 index traded higher by 0.20%.</li>
</ul>
Commodities at 05:30 AM ET
<ul>
<li>Crude Oil WTI was trading higher by 0.18% at $68.55/bbl, and Brent was up 0.19% at $72.44/bbl.</li>
<li>Oil prices steadied as a strong U.S. dollar and rising U.S. Treasury yields pressured the market.</li>
<li>Natural Gas declined 1.24% to $2.946.</li>
<li>Gold was trading lower by 1.43% at $2,549.60, Silver declined 2.42% to $29.922, and Copper slipped 1.83% to $4.0088.</li>
<li>Gold fell to a two-month low as a stronger dollar and sticky U.S. inflation data weighed on prices. Copper hit a three-month low on weak Chinese stimulus and tariff concerns.</li>
</ul>
U.S. Futures at 05:30 AM ET
Dow futures increased 0.13%, S&amp;P 500 futures up 0.10% and Nasdaq 100 futures rose 0.08%.
Forex at 05:30 AM ET
<ul>
<li>The U.S. dollar index gained 0.52% to 107.03, the USD/JPY rose 0.45% to 156.16, and the USD/AUD rose 0.40% to 1.5481.</li>
<li>The U.S. dollar reached a one-year high, driven by inflation data and Trump&#8217;s election win. Yen neared intervention levels as USD/JPY surged.</li>
</ul>
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Dollar Hits One-Year High; China Falls, Gold Hits Two-Month Low - Global Markets Today While US Slept

Mizuho Financial Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MFG#NYSE">MFG</a>) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.11 by 36.36 percent. The company reported $14.809 billion in sales this quarter. This is a 10.31 percent decrease over sales of $16.511 billion the same period last year.

Mizuho Financial Gr Q2 2024 GAAP EPS $0.15 Beats $0.11 Estimate, Sales $14.809B Down From $16.511B YoY

TD Cowen analyst Floris Van Dijkum downgrades Kronos Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRON#NASDAQ">KRON</a>) from Buy to Hold.

TD Cowen Downgrades Kronos Bio to Hold

In the third quarter of 2024, the Company made difficult, but essential, decisions to align with its renewed focus. Notably, SINTX made the decision to cease operations of its armor division and recorded a one-time $4.5 million impairment charge.&nbsp;
This move aligns with SINTX's emphasis on reallocating resources towards the medical device market, where the Company sees the greatest potential for impactful, sustainable growth.&nbsp;
Additionally, a reduction in workforce during Q3 positions the company for a leaner, more efficient structure, supporting ongoing cost optimization efforts.

SINT

SINTX Technologies Continues To Restructure Its Operations; Says Made The Decision In Q3 To Cease Operations Of Its Armor Division And Reduce Workforce

Gogoro Lowers FY24 Outlook: Sees Revenues Of $305M-$315M Vs. $328.878M Estimate (Prior View: $320M-$345M)

OneConnect Financial Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFT#NYSE">OCFT</a>) reported quarterly losses of $(0.11) per share. This is a 67.34 percent increase over losses of $(0.35) per share from the same period last year. The company reported $58.23 million in sales this quarter. This is a 99.95 percent decrease over sales of $116.60 billion the same period last year.

OCFT

OneConnect Financial Tech Q3 EPADS $(0.11) Up From $(0.35) YoY, Sales $58.23M Down From $116.60B YoY

Guidance

EWCZ

European Wax Center Reaffirms FY24 Revenue Guidance Of $216M-$221M Vs $218.4M Est.

McDonald's USA Lopez Foods, and Syngenta North America today announced a collaboration that aims to increase feed efficiency and help reduce the amount of greenhouse gas emissions released per pound of meat produced, as part of efforts to improve the sustainability of beef production.

McDonald's USA, Syngenta, Lopez Foods Collaborate to Help Produce Beef More Sustainably in the US

NXPL

NextPlat Q3 EPS $(0.22) Down From $0.17 YoY, Sales $15.4M Up From $15.3M YoY

Gogoro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GGR#NASDAQ">GGR</a>) reported quarterly losses of $(0.06) per share. This is a 500 percent decrease over losses of $(0.01) per share from the same period last year. The company reported $86.86 million in sales this quarter. This is a 5.33 percent decrease over sales of $91.75 million the same period last year.

Gogoro Q3 EPS $(0.06) Down From $(0.01) YoY, Sales $86.86M Down From $91.75M YoY

Compass Point analyst Floris Van Dijkum upgrades BXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>) from Neutral to Buy and raises the price target from $80 to $88.

Compass Point Upgrades BXP to Buy, Raises Price Target to $88

European Wax Center (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) reported quarterly sales of $55.430 million which beat the analyst consensus estimate of $54.162 million by 2.34 percent. This is a 0.52 percent decrease over sales of $55.717 million the same period last year.

European Wax Center Q3 Sales $55.430M Beat $54.162M Estimate

Cantor Fitzgerald analyst Andres Sheppard downgrades Innoviz Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INVZ#NASDAQ">INVZ</a>) from Overweight to Neutral.

INVZ

Cantor Fitzgerald Downgrades Innoviz Technologies to Neutral

BTIG analyst Gregory Lewis downgrades Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) from Buy to Neutral.

PLUG

BTIG Downgrades Plug Power to Neutral

Exodus Movement reports Q4 results

Exodus Movement gets approval to list on NYSE American stock exchange

Exodus Movement reports Q2 results

Exodus Movement GAAP EPS of $0.03, revenue of $20.11M

Press Releases

General

Exodus Launches Passkeys Wallet: A Seamless Solution for Web3 Onboarding and DApp Integration

Exodus to Announce Second Quarter 2024 Results on August 12, 2024

Exodus Reports Second Quarter 2024 Results

Exodus Announces Passkeys Wallet Integration with Blockchain.com

Exodus and Magic Eden Expand Magic Eden Wallet's Reach to Mobile

Magic Square Partners with Exodus to Integrate Passkeys Wallet across its Ecosystem

Exodus and M80 Unveil Passkeys Integration to Drive Web3 Adoption for Esports Enthusiasts

Exodus Partners with Ledger to Integrate XO Swap into Ledger Live

Exodus to Announce Third Quarter 2024 Results on November 12, 2024

Exodus Reports Third Quarter 2024 Results

Exodus Movement

Exodus Movement Uplists To NYSE American Exchange

The Bosphorus Bridge in Turkey was a marvel when it was completed in 1973.&nbsp;

The largest suspension bridge outside of America at the time, it was also the first to cross the famed Dardanelles Strait and unite the continents of Europe and Asia. To this day known as the First Bridge in the city of Istanbul, this bridge is still a gateway between the East and the West, and it continues to capture the imagination with its promise of adventure and discovery.

<a href="https://www.otcmarkets.com/stock/AABB/overview">Asia Broadband Inc. (OTC: </a><a class="ticker" href="https://www.benzinga.com/stock/aabb#OTC">AABB</a>) is launching a new gateway, one that it says will not just connect Europe and Asia but that will connect consumers and businesses to the future of digital payment. Asia Broadband, a resource company that primarily mines and sells precious metals, is <a href="https://techstory.in/after-the-success-of-100-gold-backed-aabbg-token-asia-broadband-prepares-for-its-crypto-payment-gateway/">developing its new product</a> PayAABB, a digital crypto payment platform that will help facilitate the expanding financial options brought about by the rise of transactions in alternate currencies.

<iframe frameborder="0" height="315" src="https://www.youtube.com/embed/e1C3-rPaBXI" width="560"></iframe>

<h2>The Gateway Integrating AABB&rsquo;s Crypto Platform</h2>

<a href="https://payaabb.com/">PayAABB </a>is a product developed by Asia Broadband as part of its growing integrated crypto platform. A company already strongly established in the physical gold mining industry, Asia Broadband has now established itself in the crypto market. Over a year ago it <a href="https://www.benzinga.com/markets/cryptocurrency/22/07/28167586/as-the-economy-takes-a-dive-is-gold-still-considered-a-golden-opportunity">launched</a> its own crypto wallet &mdash; the AABB Wallet &mdash; to privately and securely store and transfer crypto. Other crypto platforms offering wallet options include those from Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Exodus Movement Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EXOD#OTC">EXOD</a>).

Concurrently with the wallet, it created the <a href="https://aabbgoldtoken.com/">AABB Gold Token</a>, gold-backed, mine-to-token crypto that seeks to bring gold into the crypto future while providing crypto, a notoriously volatile commodity, with the stability of gold by tying the minimum token value to the price of bullion. In January, it initiated a cryptocurrency exchange, the <a href="https://aabbexchange.com/">AABB Exchange</a>, where crypto can be privately and securely traded.

Asia Broadband describes its new product as engaging with the &ldquo;future of payments.&rdquo; Almost a quarter of small to medium-sized businesses (SMBs) now accept or are looking to accept crypto payments, <a href="https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.18711.html">according</a> to a new survey, and this is part of a significant trend toward the digitalization of currency and payment. Asia Broadband is leading the charge into this new payment domain with its upcoming product PayAABB.

As Asia Broadband&rsquo;s next step in its integrated crypto platform, PayAABB is a digital means for customers to pay businesses in crypto. Available both on and offline, when launched the PayAABB gateway will sync all of Asia Broadband&rsquo;s crypto products into a unified whole. Payments can be made in over 400 cryptocurrencies, and by using an automatic transfer through the AABB Exchange system, businesses will be able to accept payment as one stablecoin.&nbsp;

PayAABB will offer customers significant payment flexibility. Payments can be made in a variety of ways, including over email or text messaging or QR code as well as through a social messenger or e-commerce site. The gateway will also be an attractive option for businesses, as it has no third-party fee, includes a high level of security including Google Authenticator and&nbsp; Secure Sockets Layer (SSL) certificate for encrypted transactions and features essentially irreversible transactions.&nbsp;

PayAABB will also bolster Asia Broadband&rsquo;s existing crypto products. It will expand options for the AABB Wallet, as the wallet is soon to <a href="https://www.newsbtc.com/news/company/asia-broadbands-holdings-explode-by-500-as-the-company-continues-connecting-the-dots-between-gold-and-digital-assets/">include</a> a merchant application program interface (API) for sellers. This will allow merchants to make business-to-customer (B2C) and business-to-business (B2B) transactions as well as set up loyalty programs and other initiatives that maximize crypto accessibility.&nbsp;&nbsp;

Additionally, the payment gateway will increase the versatility of AABBs Exchange, which <a href="https://www.otcmarkets.com/stock/AABB/news/Asia-Broadband-Launches-Mobile-App-Versions-of-Proprietary-Cryptocurrency-Exchange?id=348759">recently</a> became newly available as a mobile app. Asia Broadband <a href="https://asiabroadbandinc.com/asia-broadband-enters-high-growth-nft-market-to-accelerate-digital-asset-expansion/">announced</a> that AABB Exchange will be part of an exciting initiative to enter the non-fungible token (NFT) market with its proprietary digital products becoming adapted to NFT transactions, a market currently worth $40 billion.

Asia Broadband&rsquo;s suite of gold and crypto products are part of the company <a href="https://aabbgoldtoken.com/about-us/">vision</a> that ambitiously seeks &ldquo;complete independence from fiat currency.&rdquo; The company hopes the PayAABB gateway, when launched, will bring the company closer to this goal.

To learn more about Asia Broadband, visit its <a href="https://asiabroadbandinc.com/">website</a>.&nbsp;

To learn more about PayAABB, click <a href="https://payaabb.com/">here</a>.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.&nbsp;

Featured photo by Ozgu Ozden on <a href="https://unsplash.com/photos/p8QI9RzAH48">Unsplash</a>&nbsp;

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