Author: Investor Empires
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S&P 500, Dow futures back away from records as Fed cheer fizzles
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U.S. stocks were poised to pull back from record highs on Friday as the euphoria over interest rate cuts faded, with FedEx (FDX) earnings providing a reality check. S&P 500 futures (ES=F) fell about 0.3% after the benchmark index closed at an all-time high. Dow Jones Industrial Average futures (YM=F)…
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Buffett’s Berkshire Hathaway offloads more of its Bank of America stake By Investing.com
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Warren Buffett’s Berkshire Hathaway sold about $900 million of its stake in Bank of America this week, cutting its holdings in America’s second-largest lender to near the key reporting threshold. Berkshire’s stake in Bank of America now amounts to 10.8% of outstanding shares, or about $34 billion. Berkshire, which remains…
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Satoshi Era Wallets Moved $16 Million Worth of Bitcoin
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About 250 bitcoins from the early days of Bitcoin, known as the “Satoshi era,” were transferred on Friday in five separate transactions, each of which moved about 50 bitcoins to new wallets. The total value of the transfers was nearly $16 million. New: Satoshi Era #Bitcoin The wallets just moved…
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Reducing smartphone use by 1 hour a day could increase work satisfaction, new study says
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Even if you love your job, you may sometimes feel dissatisfied and/or unmotivated at work. But there is a simple solution, suggests a new study conducted in Germany. According to researchers at Harvard University, reducing screen time by just one hour a day may boost not only your motivation in…
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Dollar edges off lows; sterling gains after strong retail sales By Investing.com
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The US dollar rose slightly on Friday, but remained under pressure after a major interest rate cut by the Federal Reserve, while the British pound rose strongly after healthy UK retail sales data. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six…
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Here’s Why A Green September Close Is Important For The Bitcoin Price
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This article is also available in Spanish. Bitcoin now Show upward price action This has sparked optimism among cryptocurrency investors. The cryptocurrency recently crossed the psychological $60,000 price barrier after three weeks of acting as a fearsome resistance level. Since breaking $60,000, Bitcoin has continued to rise, gaining 9.8% in…
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Here’s Why A Green September Close Is Important For The Bitcoin Price
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This article is also available in Spanish. Bitcoin now Show upward price action This has sparked optimism among cryptocurrency investors. The cryptocurrency recently crossed the psychological $60,000 price barrier after three weeks of acting as a fearsome resistance level. Since breaking $60,000, Bitcoin has continued to rise, gaining 9.8% in…
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Analo Kanga: Saxophonist on a mission to keep Millenials, Gen Zs glued to Afro-jazz
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Kenyan saxophonist, artist and lawyer Analu Kanga seeks to reimagine African jazz in a format acceptable to a fan base that includes millennials and Gen Z. “Afrobeat, amapiano, it all comes from Fela Kuti, it comes from Hugh Masekela, it comes from Miriam Makeba,” says Analo. “The only reason I…
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Daily Broad Market Recap – September 19, 2024
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It was another busy day as traders digested the latest Fed rate cut, the Bank of England’s decision to hold steady, better-than-expected US data, and developing stories in the Middle East. What assets benefited from Thursday’s headlines? We discuss them below! Headlines: New Zealand GDP Shrank by 0.2% in Q2…
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Unveiling The Next-Gen Web3 Smartphone
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Image: AdobeStock In a major move to strengthen its presence in the Web3 mobile space, Solana Labs, the company behind the pioneering blockchain technology, has officially unveiled its long-awaited second-generation Web3 smartphone, Solana the researcherThe latest offering from Solana Mobile, a subsidiary of Solana Labs, aims to redefine the mobile…
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Unveiling The Next-Gen Web3 Smartphone
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Image: AdobeStock In a major move to strengthen its presence in the Web3 mobile space, Solana Labs, the company behind the pioneering blockchain technology, has officially unveiled its long-awaited second-generation Web3 smartphone, Solana the researcherThe latest offering from Solana Mobile, a subsidiary of Solana Labs, aims to redefine the mobile…
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Unveiling The Next-Gen Web3 Smartphone
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Image: AdobeStock In a major move to strengthen its presence in the Web3 mobile space, Solana Labs, the company behind the pioneering blockchain technology, has officially unveiled its long-awaited second-generation Web3 smartphone, Solana the researcherThe latest offering from Solana Mobile, a subsidiary of Solana Labs, aims to redefine the mobile…
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Unveiling The Next-Gen Web3 Smartphone
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Image: AdobeStock In a major move to strengthen its presence in the Web3 mobile space, Solana Labs, the company behind the pioneering blockchain technology, has officially unveiled its long-awaited second-generation Web3 smartphone, Solana the researcherThe latest offering from Solana Mobile, a subsidiary of Solana Labs, aims to redefine the mobile…
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Pound reaches two-year high as Bank of England holds interest rates steady
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The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…
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Pound reaches two-year high as Bank of England holds interest rates steady
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The pound rose to its highest level since March 2022, breaking through the $1.33 level, after the Bank of England decided to keep interest rates steady at 5 percent and indicated a gradual approach to easing monetary policy. Sterling rose about 0.7 percent against the dollar, to $1.331, after the…
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Crude Oil Technical Analysis – Testing a key resistance
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Basic Overview Crude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can generally provide great opportunities for reversal. The main reason that…
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Crude Oil Technical Analysis – Testing a key resistance
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Basic Overview Crude oil remains supported as buyers may be looking at the implications of the Fed’s easing cycle on economic activity. As a reminder, crude oil positions are at all-time lows and sentiment is very bearish. These factors can generally provide great opportunities for reversal. The main reason that…
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Crypto exchange Jupiter acquires blockchain explorer SolanaFM
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Decentralized trading platform Jupiter has acquired blockchain explorer SolanaFM to expand its capabilities, leveraging the exchange’s infrastructure. Jupiter, the Solana-based decentralized cryptocurrency exchange aggregator, has acquired Etherscan-powered blockchain explorer SolanaFM. In a deal X advertisement On September 20, the blockchain explorer said it would focus on “increasing the data and…
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Crypto exchange Jupiter acquires blockchain explorer SolanaFM
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Decentralized trading platform Jupiter has acquired blockchain explorer SolanaFM to expand its capabilities, leveraging the exchange’s infrastructure. Jupiter, the Solana-based decentralized cryptocurrency exchange aggregator, has acquired Etherscan-powered blockchain explorer SolanaFM. In a deal X advertisement On September 20, the blockchain explorer said it would focus on “increasing the data and…