SonicShares Global Price, Forecast, Insider, Ratings, Fundamentals & Signals

Lausanne, suisse--(business wire)--youhodler, une plateforme web3 basÉe en suisse fournissant des solutions fintech innovantes qui font le lien entre les services financiers fiat et crypto, annonce aujourd'hui qu'elle prÉsentera une nouvelle suite d'offres b2b2c puissantes lors de sa masterclass exclusive, "how to boost revenues for your retail fintech business", le 1er juin À la crypto valley conference (cvc) 2023, l'un des ÉvÉnements phares de la blockchain en europe, À rotkreuz, en suisse. l'inscription est possible À l'adresse suivante : https://www.youhodler.com/masterclass-cvc23. conÇue pour les entreprises fintech de dÉtail et dirigÉe par une Équipe d'experts en fintech et de business experts, la masterclass se concentrera sur la croissance durable des revenus dans diffÉrentes conditions de marchÉ...

Washington--(business wire)--the national marine manufacturers association (nmma), the leading trade association representing north american recreational boat, marine engine and accessory manufacturers, announced today the growing economic impact of the recreational boating industry across the united states. the 2023 nmma study reveals recreational boating saw a 36% increase in annual economic activity from 2018’s $170 billion to $230 billion in 2023 and a 14% jump in recreational marine industry-related jobs from 691,000 in 2018 to 812,000 in 2023. the leap comes on the heels of record growth in recreational boating between 2020 and 2022 as americans increasingly prioritized outdoor recreation, mental health and time with family and friends throughout the pandemic...

Hartford, conn.--(business wire)--the travelers companies, inc. (nyse: trv), in recognition of national boating safety week (may 20-26), today announced the top causes of boat and yacht claims to help boaters avoid common and costly mishaps. based on travelers claims from 2018-2022, the top three causes of loss were collisions (38%), severe weather (19%) and mechanical breakdowns (11%). “with an uptick in boating activity in recent years, we continue to see boat and yacht insurance claims that may be preventable,” said todd shasha, assistant vice president of personal insurance at travelers. “whether you’re an experienced boater or newer to the marina, it’s important to remember basic risk mitigation and safety tips, which can help protect you and your passengers from injury, and also protect your vessel from suffering costly damage...

Kennesaw, ga.--(business wire)--during the 2023 american boating congress (abc), may 8-10 in washington, d.c., yamaha and other industry leaders conducted dozens of meetings on capitol hill educating legislators about the benefits of sustainable marine fuel, the need to mitigate aquatic invasive species, and the industry’s desire to deploy technical solutions to reduce the risk of vessel strikes to marine mammals. “the recreational boating industry is making strides to reduce co2 emissions, especially by paving the way for sustainable marine fuels in the marketplace,” said martin peters, director marine external affairs, yamaha u.s. marine business unit. “we went to capitol hill to advocate for sustainable fuels and other practical solutions for industry challenges...

Seattle--(business wire)--today, the first king salmon from copper river, weighing 34 pounds, landed in seattle on an alaska airlines flight direct from the pristine waters of alaska, marking the beginning of what industry leaders expect to be an above-average run for the some of the most delectable salmon in the world. representatives from trident seafoods, the copper river prince william sound marketing association, alaska airlines, and chef tom douglas were on-hand to greet the first of these prized fish. with 50 years of industry leadership, trident seafoods takes pride in distributing copper river king salmon, known for its delicious, rich taste and high content of omega-3s. following trident's commitment to fleet-to-fork processing, the salmon is delivered from alaskan waters within 24-48 hours, directly to knowledgeable fishmongers, esteemed chefs, and renowned restaurants nationwide...

J Mintzmyer discusses the shipping sector, disruptions in the Red Sea, and investment opportunities. Tankers and containerships are the most impacted sectors, with rates surging and potential for a multi-year supercycle.

Recent weeks have seen a surge in security threats in the Red Sea, primarily due to attacks by Yemen-based Houthi militants. This has forced shipping companies to adjust their usual navigation routes, resulting in an unintended substantial rise in freight rates.

Exchange-traded funds that track shipping stocks were surging on Friday after U.S.-led militaries launched airstrikes on Yemen's Houthi rebels in response to their attacks on Red Sea shipping, fueling market concerns about the Israel-Hamas war widening into a broader conflict in the Middle East that could prompt further spike in oil prices and in the cost of shipping.

Last week, Wall Street snapped its nine-week win streak, marking the end of their longest consecutive weekly run in the green since 2004.

Red Sea serves as a critical transit route for oil. Consecutive Houthi attacks in this area for the past two months may boost these ETF areas.

Small caps are breaking out higher but most sectors are extended. A number of shipping stocks have been steadily building big bases, and a handful have already broken out higher from theirs. The market is heavily positioned for a 2024 recession, having already priced in 6 rate cuts by the Fed. This mitigates the downside risk in shipping stocks.

Wall Street was upbeat last week.The optimism surrounding the likely Fed rate cuts in 2024 aided the rally in the market, barring some occasional dips.

Shipping and energy sectors are the biggest winners from the attack in Red Sea.

Exchange-traded funds that track U.S. shipping stocks continued to surge on Tuesday after the world's major container shippers rerouted their tankers to avoid sailing through the Red Sea following attacks by Yemen's Iran-backed Houthi militants, as violence linked to the Israel-Hamas conflict prompted another spike in oil prices and in the cost of shipping.

Despite headwinds, this shipping industry stands to benefit from favorable factors such as the reopening of the Chinese economy since early 2023 and an improvement in the demand for goods and commodities compared to the lows experienced during the pandemic.