Author: bitlyfool
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Mastercard shares slide on Q1 revenue miss, updated guidance By Investing.com
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Mastercard (NYSE:) shares opened lower on Wednesday after the company printed its fiscal first quarter, reporting worse-than-expected revenue and operating margin. The payments processing giant reported first-quarter earnings per share (EPS) of $3.31, ahead of consensus estimates of $3.24. However, the company’s revenue of $6.3 billion is slightly lower than…
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WATCH: MicroStrategy Hosts Bitcoin For Corporations Conference
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Accurate strategya leading business intelligence firm that has emerged as a leading advocate for Bitcoin among public companies, is hosting its conference Bitcoin for businesses The conference starts today. The event will be held from May 1 to May 2, 2024 in Las Vegas, Nevada, and will feature industry leaders…
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Binance founder Changpeng Zhao gets four months in prison
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Breadcrumb links News finance Cryptocurrency It allowed cybercriminals and terrorist groups to trade on the world’s largest cryptocurrency exchange Article writer: Bloomberg News Ava penny morrison Published on May 1, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you…
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Nektar Network begins Epoch 1 of Nektar Drops – Rewards for Ongoing Participation
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The Nektar Network is pleased to announce the launch of Epoch 1 of Nektar Drops, starting today, May 1, 2024. This new phase is dedicated to recognizing and recording the contributions of our community members through daily Nektar Drops, which can be earned by participating in pre-selected activities within the…
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Machine Learning Algorithm Predicts Dogecoin Price For May 2024
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With April coming to a bearish end, Dogecoin’s forecast for May is not exactly bullish, especially as the cryptocurrency market continues to decline. DOGE was one of the major losers during this time, falling below $0.14. This poor performance is expected to continue as CoinCodex’s machine learning algorithm predicts a…
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8,000 Palestinians furtively employed in Israeli construction
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A high-ranking source in the Israeli construction industry insists that some 8,000 Palestinian workers from Judea and Samaria have recently, “secretly,” as he puts it, obtained permission to enter Israel and are already working on construction sites across the country and that another 8,000 are currently working. He is expected…
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Dollar nears six-month high after pre-Fed data shock, yen steady By Reuters
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By Harry Robertson LONDON (Reuters) – The dollar rose toward its highest level since November on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day after data on Tuesday showed more signs of inflationary pressures in the U.S. economy. Meanwhile, the yen remained steady after falling…
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Top Crypto Prices Crash As FOMC Nears, Traders Divest Into New Altcoins Set To Hit Market
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Cryptocurrency prices are once again facing heavy losses as the Federal Open Market Committee (FOMC) meeting approaches. A collapse in cryptocurrency prices is expected due to the upcoming Federal Reserve monetary policy meeting. Bitcoin’s price corrected 2% to start the week, and is trading at $62,400 at press time. Ethereum,…
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Morgan Stanley ups Restaurant Brands International shares target on consistent performance By Investing.com
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On Wednesday, Morgan Stanley revised its outlook on Restaurant Brands International (NYSE:) shares, increasing the price target to $86 from $85 previously while maintaining an equal weight rating. The company cited modest and consistent performance across the company’s business segments, both in the top and bottom lines. Restaurant Brands International,…
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How to Deal With Too Much Information
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Having to process a lot of market information and make quick trading decisions can be a challenge for most of us. Imagine having to look at the results of an economic report, the key details, how analysts interpret the data, how the markets react… all in order to come to…
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Ethereum’s Buterin advocates multisig, says Shamir backup is ‘way easier to screw up’
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Vitalik Buterin, co-founder of Ethereum, has publicly favored multi-signature over Shamir backup, saying the latter is “much easier to fail” for ordinary users. In the Peter Watts, founder of NFT marketplace Reservoir, took to 19 pandemic. Counterpoint: When using a hardware wallet, the biggest risk is on you. Beware of…
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NYCB CEO predicts a ‘clear path to profitability’ after disclosing first-quarter loss
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Struggling regional lender New York Community Bancorp (NYCB) lost $327 million in the first quarter, but its shares rose in pre-market trading as its new CEO outlined a “clear path to profitability over the next two years.” The net loss was due in part to increased provisions for future loan…
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The AUD is the strongest and the CHF is the weakest as the NA session begins
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As the North American session begins, the Australian dollar is the strongest and the Swiss franc is the weakest. The US dollar is mixed with gains against the British pound, Japanese yen and Swiss franc, and declines against the euro, Canadian dollar, Australian dollar and New Zealand dollar. Overnight, New…
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‘Buy the Dip Crypto’ Searches Jump to a Two-Year High as Bitcoin (BTC) Falls to Monthly Lows
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Turkish lire; Dr Despite the recent price decline in the cryptocurrency market, including Bitcoin, some investors appear to be interested in potential buying opportunities, which is reflected in an increase in searches for “buy low crypto.” On-chain metrics such as the MVRV ratio and shifts in open interest indicate a…
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Yum! Brands slides after reporting rare drop in same-store sales (NYSE:YUM)
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Thirty_Three/iStock Unreleased via Getty Images Yum! Trademarks (New York Stock Exchange: Yum) reported a 3% decline in same-store sales in the first quarter, well below consensus expectations for a 1.0% rise. The decline in same-store sales from Yum! (YUM) was first since 2020. OR Note that the fast food operator’s…
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ADP reports earnings ahead of analyst estimates By Investing.com
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ROSELAND – The Automated Data Processing Company (NASDAQ:) posted a modest beat on third-quarter earnings, with adjusted EPS of $2.88, beating analysts’ estimates of $2.79. The company’s revenue also saw a slight increase, reaching $5.25 billion, slightly above the consensus estimate of $5.23 billion. The company’s shares saw a slight…
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Is Litecoin Next? Proposed ETF Could Bolster Crypto’s Mainstream Appeal
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The world of cryptocurrencies is abuzz with the potential arrival of a new exchange-traded fund (ETF): the Litecoin ETF. The proposed ETF, championed by Litecoin founder Charlie Lee, aims to gain the coveted approval from the US Securities and Exchange Commission (SEC). Lee, full of optimism, recently spoke about the…
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Deliveroo driver bit off customer’s thumb—now U.K. government cracks down on account sharing
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Delivery apps Deliveroo, Uber Eats and JustEat have agreed to introduce enhanced immigration checks on people working as riders on their app after pressure from the UK government. The three platforms will increase their number Right to Work Checks After increased scrutiny of account sharing practices, leading to high-profile incidents,…
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The Mindhack Part 3 – Your Digital Marketing Strategy
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From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…
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DOJ Arrests Early Bitcoin Investor Roger Ver, ‘Bitcoin Jesus,’ on Charges of Tax Fraud
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The Department of Justice (DOJ) has indicted Roger Ver, a prominent early Bitcoin investor known as “Bitcoin Jesus,” on charges of mail fraud, tax evasion, and filing false tax returns. Ver was arrested over the weekend in Spain on these criminal charges, and the United States intends to request his…