Author: Investor Empires
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Money market account rates today, November 1, 2024 (up to 5.05% APY return)
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Between March 2022 and July 2023, the Fed raised its benchmark interest rate 11 times. As a result, money market account (MMA) interest rates rose sharply. However, the Fed cut the federal funds rate by 50 basis points in September. So, deposit rates—including interest rates on money market accounts—began to…
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Bitcoin Faces 5th Rejection At $72,000, Is A Correction Coming?
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This article is also available in Spanish. Before its monthly close, Bitcoin (BTC) saw another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the decline, some analysts see the cryptocurrency still in a strong position for an upcoming breakout, setting the next levels to watch. Related…
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Huawei is ‘still struggling’: Founder Ren Zhengfei
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Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…
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Huawei is ‘still struggling’: Founder Ren Zhengfei
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Huawei, the Chinese technology giant, is facing an unexpected comeback story. Starting with a new premium smartphone in August 2023, the US-sanctioned company has released new phones, laptops, AI chips and electric vehicles, putting it at the forefront of China’s push for technological self-sufficiency. Huawei will achieve nearly $100 billion…
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Tax pain signal in new Sh78bn IMF loan deal
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Kenyans are facing more tax pain after the International Monetary Fund (IMF) cited the need for higher revenues as a condition for its multi-billion dollar loan facility for the country. The International Monetary Fund says Kenya underperformed in terms of revenues in the year to June – the period before…
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Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?
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Ethereum’s recent performance in the futures market has generated optimism among traders and analysts, according to Visions Shared by CryptoQuant Analyst “ShayanBTC”. As the second-largest cryptocurrency by market cap, Ethereum has received notable attention following a rise in funding rates – a metric used to measure the balance of demand…
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Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?
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Ethereum’s recent performance in the futures market has generated optimism among traders and analysts, according to Visions Shared by CryptoQuant Analyst “ShayanBTC”. As the second-largest cryptocurrency by market cap, Ethereum has received notable attention following a rise in funding rates – a metric used to measure the balance of demand…
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How AI might transform the internet as we know it
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TED entered the world of artificial intelligence in October with the TEDAI conference. The conference was held in Vienna, and one of the main themes that emerged was how this cutting-edge technology will revolutionize the creative, digital media and educational sectors. Speaking at the TEDAI conference, Selena Dickelmann, director of…
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October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
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According to another a report From blockchain security company Immunefi, the cryptocurrency sector will face continued challenges with hacks and scams in 2024. The report highlights that although exploitation losses have declined month-on-month, the industry has seen more than $1.4 billion lost due to 179 hacks and scams this year.…
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UK Bosses Signal Tepid Support for Reeves’ High-Tax Budget
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Breadcrumb links BMN Business Chancellor of the Exchequer Rachel Reeves’ first budget was greeted with cautious optimism by Britain’s business leaders, although high taxes on wages held them back from full support. Article writer: Bloomberg News Chloe Millie Published on November 1, 2024 • 4 minutes read You can save…
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El Al pilots, executives raking in huge bonuses
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El Al Israel Airlines Ltd (level:Ellal) He could not have dreamed of better compensation for the damage caused by the Covid pandemic, which almost led to its collapse, than the consequences of the war, which led to record profits over the past year and boosted the company’s market value to…
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MicroStrategy About To Increase Its Bitcoin Stash By Over 4x With New $42 Billion Plan
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Accurate strategy It has shocked the cryptocurrency community with its latest plans to 4X its Bitcoin holding with an impressive $42 billion capital plan. MicroStrategy is known for its consistent Bitcoin accumulation strategy BTC was constantly boughtstrengthening its position as the largest cryptocurrency holder in the world. If the company…
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Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor
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This article is also available in Spanish. According to JP Morgan analysts, the victory of US Republican presidential candidate Donald Trump could increase Bitcoin (BTC) price momentum. Retail Investors Turn to Bitcoin for ‘Depreciation Trade’ Recently Customer noteAnalysts at JP Morgan suggested that a Trump win could provide “additional upside”…
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OpenAI brings search features to ChatGPT in challenge to Google
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OpenAI is adding a new set of search features to its flagship product ChatGPT, further challenging Alphabet Inc’s AI startup. The option, called ChatGPT Search, will allow chatbot users to search for timely information like they do on the web and get responses with direct attribution to news publishers and…