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Stellantis (STLA.N): Consolidated shipments in the third quarter are expected to be 1.3 million vehicles, a year-on-year increase of 13%. Consolidated shipments in North America in the third quarter are expected to be 403,000 vehicles, a year-on-year increase of 35%.Swedish Defense Minister Pal Jonson announced on Friday, October 10, that Sweden plans to strengthen and accelerate its counter-drone capabilities in light of a recent spate of violations in the region. According to a separate government statement, this will involve an investment of over 3.5 billion Swedish kronor (approximately $367 million) in the armed forces between 2026 and 2028, including weapons and sensors to counter hostile drones. This funding will shorten delivery times to the military by approximately eight years. Ahead of a high-level meeting of European leaders last week, Sweden was one of several NATO member states to offer counter-drone assistance to Denmark. The decision follows a number of drone incidents in the Nordic region that have disrupted civilian and military facilities.Goldman Sachs: Downgraded its euro-denominated investment-grade bank bond rating from neutral to underweight.Francois Villeroy de Villeroy, Governor of the Bank of France and member of the European Central Banks Governing Council, said: France must maintain its target of a deficit of 3% of GDP in 2029.François Villeroy de Villeroy, a member of the European Central Banks governing council and president of the Bank of France, said: "The French economy remains strong and the GDP growth forecast for 2025 is confirmed at 0.7%.

ADA Price Prediction: IOHK Updates and EMURGO Silence to Test $0.320

Cory Russell

Mar 06, 2023 16:54


ADA dropped on Saturday by 1.75%. Friday saw a drop of 2.28%, and ADA closed the day at $0.337. Despite the negative afternoon, ADA managed to stay above $0.330.


After a positive opening to the day, ADA increased to a peak of $0.347 before going back down. ADA declined to a late low of $0.331, falling shy of the First Significant Resistance Line (R1) at $0.356.


However, ADA found late support to finish the day at $0.337 while avoiding the First Significant Support Line (S1) at $0.326.


Input Output HK (IOHK) published its weekly development report on Friday. The report disappoints as the outlook worsens. The lack of new projects starting on the Cardano network in the previous week disappointed investors who were looking for project influx in the figures. It's possible that increased governmental and legislative monitoring is causing companies to postpone project openings. A clearer image will emerge from the project's financial data in the following weeks.


117 initiatives were started on the Cardano network, which is unaltered from February 24 according to the Weekly Progress update for March 3.


The overall number of Cardano network projects increased by four from the prior update to 1,209.


There were 5,953 Plutus screenplays in total, of which 797 were Plutus V2 scripts. There were 5,857 Plutus programs as of February 24.


Before the Vasil hard split, 98 projects had been released on Cardano, and 1,100 projects were developing on the Cardano network.


In addition, there were 7 million native tokens (7.83 million in the prior report), 62.2 million trades (61.8 million in the prior report), and 70,258 token policies (PR: 70,039).


Concerns about the SEC's emphasis on stablecoins will arise for EMURGO and the upcoming rollout of the USDA algorithmic stablecoin. The debut of EMURGO's Agricultural stablecoins on the Cardano network is planned for Q1 2023. As the first quarter draws to a close, a dearth of information would put customer interest to the test.


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