Author: Investor Empires
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CBA shifts expected RBA rate cut timing to December 2024 (from November)
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The Commonwealth Bank of Australia has decided to postpone the expected date of the Reserve Bank of Australia’s first interest rate cut from November 2024 to December 2024. Expect a 25 basis point cut. The recent strength in employment growth coupled with relatively hawkish rhetoric from the RBA Governor means…
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Hut 8 and BITMAIN To Launch Next-Generation ASIC Bitcoin Miner with Liquid-to-Chip Cooling
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Hut 8 Corp. (Nasdaq | TSX: HUT), a leading Bitcoin mining company, announced today that it has Expanded BITMAIN Technologies Ltd., the world’s largest producer of Bitcoin mining servers, has announced the launch of the U3S21EXPH, a next-generation ASIC miner. This model will be the first commercial mass-produced mining rig…
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Nike names former executive Elliott Hill as CEO
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Nike Inc. (NKE) announced a new chief executive on Thursday, sending its shares up about 10% in after-hours trading as the company tries to revive sluggish sales growth amid increased competition. Elliott Hill, a former Nike executive who retired in 2020, will return to the company as CEO and president…
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ACV auctions executive sells $1.5 million in company stock By Investing.com
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According to a recent filing with the Securities and Exchange Commission, Michael Waterman, chief sales officer of ACV Auctions Inc. (NASDAQ:ACVA), sold 75,000 shares of the company’s stock. The shares were sold on September 17, 2024, at an average price of $20.24, for a total net proceeds of approximately $1.5…
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Solana Active Addresses Hit 75 Million As SOL Breaches $140
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This article is also available in Spanish. Solana (SOL) has hit another record: today, it has over 75 million monthly active addresses. This surge indicates the network’s growing popularity, especially in areas such as developer and user activity within the dApps, DeFi, and NFT sectors. Related reading With this increase…
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Solana Active Addresses Hit 75 Million As SOL Breaches $140
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This article is also available in Spanish. Solana (SOL) has hit another record: today, it has over 75 million monthly active addresses. This surge indicates the network’s growing popularity, especially in areas such as developer and user activity within the dApps, DeFi, and NFT sectors. Related reading With this increase…
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U.S. ranks worst, Australia best in 2024 survey of health care systems
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The U.S. health care system is in a unique category, according to a new analysis of health system performance in 10 high-income countries — but in a devastating way. Americans are living sicker lives and dying younger, according to a report by Commonwealth Fundan independent healthcare research company. Mirror, Mirror…
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Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the worst performing currencies on the day, falling amid pressure…
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Ethereum’s Pectra Upgrade Split: Strategic Approach
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Ethereum developers have agreed to split the upcoming Pectra upgrade into two phases, addressing concerns about its increased complexity. The decision, made on September 19, 2024, aims to reduce risk and ensure a smoother implementation of Ethereum’s largest hard fork to date.The first phase, targeted for early 2025, will include…
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Ethereum’s Pectra Upgrade Split: Strategic Approach
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Ethereum developers have agreed to split the upcoming Pectra upgrade into two phases, addressing concerns about its increased complexity. The decision, made on September 19, 2024, aims to reduce risk and ensure a smoother implementation of Ethereum’s largest hard fork to date.The first phase, targeted for early 2025, will include…
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Non-tax revenue from parastatals post biggest increase on mop-up
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New data from the National Treasury showed that the money the government generates from non-tax sources such as service charges, as well as absorbing surplus funds from parastatals, more than quadrupled in the first two months of the year. The Treasury said in its monthly disclosures that non-tax revenue for…
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GBPUSD has a volatile day, but bounces off a key support level
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The GBP/USD pair had a volatile session today, similar to many other pairs. Following the Bank of England’s decision to keep interest rates unchanged, the price rose to a high of 1.33132. However, the momentum reversed after the US weekly jobless claims report came in better than expected, prompting a…
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PlaySolana debuts first handheld console on SOL
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Solana ecosystem players have been focused on mobile since Saga Phone, and a SOL-based team just announced a web3 gaming bet. Less than twenty-four hours before the Solana (SOL) Singapore stop, a team of SOL kids called Play Solana Advertise The first portable gaming console built on layer 1 blockchain…
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Create your business manifesto and win £10,000 with Adobe
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Aspiring solopreneurs and small business owners are being offered a life-changing opportunity to accelerate their entrepreneurial dreams, thanks to Adobe’s new Manifest-o method. Designed by experienced business professionals and powered by Adobe Express technology, this framework helps you turn ideas into actionable business plans. Now available on Adobe websiteThe Manifest-o…
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Analysis-UniCredit’s Orcel takes aim at Europe’s banking borders with Commerzbank bet By Reuters
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By John O’Donnell FRANKFURT (Reuters) – For decades, Andrea Orcel has been the “rainmaker” to whom chief executives turned for advice on the big deals that reshaped the banking landscape. Now, as CEO of UniCredit, the Italian has set himself his biggest test yet — breaking Europe’s deep-rooted political resistance…
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Hacked X Accounts Power Massive Crypto Scam, Blockchain Sleuth Warns
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Recent developments in the cryptocurrency space have highlighted the ongoing risk of fraud, especially through social media channels. The high-profile X (formerly Twitter) hack revealed a large number of compromised accounts, leading to the promotion of fake sites. MemcoinsThese incidents highlight security flaws as well as the lengths to which…
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ATN Board Declares Quarterly Dividend
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Article Content BEVERLY, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) — ATN International, Inc. (Nasdaq: ATNI) announced that its Board of Directors has declared a quarterly dividend of $0.24 per share, payable on October 4, 2024, on all outstanding common shares of record to shareholders of record through September 30, 2024.…
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Bullish bets steady on Asian currencies as Fed easing bets soften dollar, Reuters poll shows By Reuters
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Written by Sameer Manikkar Analysts remained bullish on most Asian currencies, although some pared bets slightly, as a defensive U.S. dollar driven by a dovish Federal Reserve boosted the appeal of risk-sensitive assets, a Reuters poll showed on Thursday. Long bets were highest on the Malaysian ringgit and the Thai…