Author: Investor Empires
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Somthing is going on with bitcoin and Microstrategy
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Bitcoin daily Bitcoin is up 4.5% today as it erases the past two days of selling. It’s a nice move but it brings things back to how they were over the past eight months. Wake me up when it breaks the $50-70k range. What catches my attention today is Microstrategy,…
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Factbox-China unveils fiscal stimulus measures to revive growth By Reuters
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BEIJING (Reuters) – China’s Finance Ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the faltering economy and achieving the growth target set by the government, but did not reveal the size of the new measures. The ministry said in a press conference that it would “significantly” increase…
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Bain makes binding offer for Fuji Soft, 7% higher than rival KKR By Reuters
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TOKYO (Reuters) – U.S. buyout fund Bain Capital has made a binding offer to buy FujiSoft for 9,450 yen per share in a deal that values the Japanese software developer at $4 billion and outperforms rival KKR by about 7 percent. Bain said in a statement on Friday that it…
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Bitcoin-Centric Strategy: Saylor Envisions MicroStrategy As The Leading Bank For Crypto
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In a recent interview with analysts from the research and brokerage firm Bernstein, MicroStrategy founder Michael Saylor articulated his ambitious vision for the company: to transform it into the leading Bitcoin (BTC) bank. During the interview, Saylor emphasized BTC’s importance as a valuable asset, stating that his ultimate goal is…
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China’s briefing on stimulus gets lukewarm investor reception
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SINGAPORE (Reuters) – China said on Saturday it would significantly increase government debt issuance to provide support to low-income people, support the property market and replenish state banks’ capital as part of its efforts to revive faltering economic growth. Finance Minister Lan Fuan told a news conference that there would…
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Goldman Sachs: EUR should now be the preferred funding currency over CHF and JPY
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Goldman Sachs suggests that the euro should now be considered the financing currency of choice, especially compared to the Swiss franc and Japanese yen, given current market conditions and expectations for the currency’s performance. Key points: The company uses its market systems framework to analyze forex performance based on return…
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Analysts Explain Why The Bull Cycle Is Far From Over
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This article is also available in Spanish. Bitcoin’s ongoing recovery, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to another analysis According to CryptoQuant analyst Crypto Dan, the current market is still in the middle of a bull cycle, with promising…
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Percentage of women running Fortune 500 companies holds at 10.4%
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Good morning, Broadsheet readers! Hala Tomasdottir He’ll become Iceland’s next president, Outdoor Voices will have a new owner, and 10% of this year’s Fortune 500 companies are run by women — again. Have a thoughtful Tuesday! -It’s still 10%. 2024 edition of Fortune 500 —luckOur groundbreaking ranking of the largest…
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Percentage of women running Fortune 500 companies holds at 10.4%
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Good morning, Broadsheet readers! Hala Tomasdottir He’ll become Iceland’s next president, Outdoor Voices will have a new owner, and 10% of this year’s Fortune 500 companies are run by women — again. Have a thoughtful Tuesday! -It’s still 10%. 2024 edition of Fortune 500 —luckOur groundbreaking ranking of the largest…
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Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances By Reuters
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Written by Alison Lambert and David Shepardson (Reuters) – Boeing Co plans to cut 17,000 jobs – 10% of its global workforce – delaying the first deliveries of its 777 – Long strike. CEO Kelly Ortberg said in a letter to employees that the significant downgrade was necessary “to adjust…
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Bitcoin Whales Buy Over 1.5 Million BTC In 6 Months: A Mega Rally Incoming?
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Bitcoin is under pressure at press time, given the trends over the past two weeks. Despite the rally in September, the bulls started to go wrong in October, falling from around $66,000. Although the coin is up at press time, rebounding from below $60,000 after the October 10 plunge, buyers…
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Researchers push for more acreage under sugar beet
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Researchers seek to increase production of sugar beets, a type of root vegetable, to supplement Kenya’s high demand for sugar and sweeteners. In Kenya, demand for sugar exceeds supply, forcing the country to import, yet researchers say sweeteners can be extracted from sugar beets, similar to countries like the UK,…
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For what it is worth…If Harris elected President she would have a Republican on cabinet
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As the election approaches, expect more and more promises to sway the last voters. Democratic candidate Harris now promises Republican representation in her government. Meanwhile, for Republican Party candidate Trump, some of his latest promises: Interest on car loans will be completely tax deductible. He intends to activate the six-year…
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Bitcoin Next Move? Veteran Trader Predicts Possible 75% Crash—Here’s Why
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Why Is Generative AI No Longer a Luxury but a Necessity for Modern Businesses?
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Artificial intelligence (AI) is commonly mentioned these days, as it is rapidly moving from a cutting-edge luxury to an indispensable necessity. Among the various branches of AI, generative AI has emerged as a game-changer, revolutionizing how companies operate, innovate and compete. However, not every company knows how to implement it…
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US court puts on hold permits for Kinder Morgan unit to build Tennessee pipeline By Reuters
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(Reuters) – A US appeals court on Friday suspended the approvals and permits needed to allow a residential project to be built Morgan’s children (NYSE:) subsidiary to build a 32-mile gas pipeline in Tennessee, at the request of environmental groups. The proposed Cumberland project, which would be built by Kinder…
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Dogecoin Analyst Says this $0.03 Altcoin is the ‘Next DOGE’ as it Prepares to Surge to the $0.75 Mark by Q1 2025
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Dogecoin (DOGE) is gradually recovering from the cryptocurrency market crash at the beginning of October, which saw the altcoin sector lose significant value. Despite this bullish sign, investors are migrating to currencies that promise astronomical returns by the first quarter of 2025. This explains why RCO Finance (RCOF)the upcoming altcoin…
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TikTok was aware of risks kids and teens face on its platform, legal document alleges
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Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…
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TikTok was aware of risks kids and teens face on its platform, legal document alleges
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Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…