Author: Investor Empires
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Palantir and Dell surge as they join S&P 500 in latest index reshuffle
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Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of the latest quarterly weighting change. The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc., according to a press release from S&P Dow Jones Indices on…
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Palantir and Dell surge as they join S&P 500 in latest index reshuffle
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Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of the latest quarterly weighting change. The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc., according to a press release from S&P Dow Jones Indices on…
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US equity close: 25 basis points isn’t going to cut it
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Ripple Co-Founder Endorses Kamala Harris For 2024 Presidential Run
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Image: news.bitcoin.com In a surprise move, Chris Larsen, co-founder and CEO of blockchain technology company Ripple, has joined a growing coalition of business leaders support Vice President Kamala Harris for the nation’s highest office. The endorsement of Kamala Harris and the endorsement of the Ripple co-founder signals a potential shift…
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Kenya Power rations electricity on supply shortages
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Kenya Power cut off power to some customers in August due to insufficient power supply, raising fresh concerns about the country’s energy security. Indonesian Energy Minister Opio Wandaje revealed on Friday that the government is not prepared to meet the country’s growing demand for electricity. Mr Wanda said Kenya Power…
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Kenya Power rations electricity on supply shortages
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Kenya Power cut off power to some customers in August due to insufficient power supply, raising fresh concerns about the country’s energy security. Indonesian Energy Minister Opio Wandaje revealed on Friday that the government is not prepared to meet the country’s growing demand for electricity. Mr Wanda said Kenya Power…
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Pennsylvania, Arizona and Texas benefit from US funding for Ukraine arms, Pentagon says By Reuters
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By Mike Stone WASHINGTON (Reuters) – Pennsylvania, Arizona and Texas are among the U.S. states that have received the most funding and investment to arm Ukraine in its war with Russia, a Pentagon spending breakdown released on Friday showed. Pennsylvania, a swing state in the Nov. 5 presidential election, received…
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Last Fed rate cut sent Cardano crashing 57% – what about now?
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Cardano dropped 57% when the Federal Reserve cut interest rates in 2019. With another rate cut on the horizon, the cryptocurrency is facing a similar setup that could lead to a significant decline. Cardano Prepares for a Decline in September In May 2019, the Fed began its first interest rate…
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Landlords rush to sell amid fears of capital gains tax hike
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The proportion of rental properties entering the sale market has reached a record high, driven by landlords’ concerns about a potential rise in capital gains tax in the upcoming Budget, according to property website Rightmove. Currently, 18% of properties previously listed for sale have been rented, compared with just 8%…
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Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
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Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
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Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
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Markets: Gold falls $20 to $2,496 The 10-year US Treasury yield fell 1.4 basis points to 3.72%, and the 2-year Treasury yield fell 9.3 basis points to 3.65%. West Texas Intermediate crude oil fell $1.07 to $68.08 a barrel. S&P 500 down 1.7% Japanese Yen Advances, Australian Dollar Lags Friday’s…
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Shiba Inu Team Announces Two Major Milestones
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The Shiba Inu team has announced two major milestones that promise to boost the utility and dynamics of its network. Shiba Inu’s layer-2 solution, Shibarium, has achieved a major milestone in minting NFTs. Meanwhile, K9 Finance, the ecosystem’s official staking solution, is set to launch a staking solution for BONE…
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts By Reuters
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By Chibuike Ojoh NEW YORK (Reuters) – U.S. stocks fell on Friday, pressured by a jobs report that showed the labor market remained sluggish but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three major indices fell, with all 11 sectors of…
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Wall Street stocks fall; jobs data feeds uncertainty about rate cuts By Reuters
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By Chibuike Ojoh NEW YORK (Reuters) – U.S. stocks fell on Friday, pressured by a jobs report that showed the labor market remained sluggish but left traders uncertain about how far the Federal Reserve will go in cutting interest rates. All three major indices fell, with all 11 sectors of…
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Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto Tour
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Speakers and artists on the second night of America loves cryptocurrencies Tour participants were just as excited and motivated to get the crypto vote as those who participated on the first night of the tour. Political figures and crypto industry leaders attended the event, held at The Space in Las…
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Salesforce buys Israeli data protection co Own for $1.9b
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US cloud software giant Salesforce (NYSE: CRM) announced that it has signed a definitive agreement to acquire Israeli data protection and data management services company king (Formerly known as OwnBackup). Salesforce says it will pay about $1.9 billion in cash, the net value of the 10% stake it currently holds…
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Brent crude closes at the lowest since 2021. Where is it adjusted for inflation?
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WTI crude is still holding support but the picture is looking increasingly bleak for Brent crude. The global benchmark closed today at its lowest level since December 2021. We have seen a series of daily declines around these levels and there have been worse daily declines since 2021 but this…
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Here’s How Cardano Price Will ‘Survive’ A US Recession: Analyst
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This article is also available in Spanish. In a new video analysisPopular cryptocurrency analyst Dan Gambardello has weighed in on the potential future of Cardano (ADA) price amid the worrying forecast of a U.S. recession. With a massive following of 369,000 YouTube subscribers, Gambardello highlighted the general anxiety among ADA…
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ALTI stock touches 52-week low at $3.56 amid market challenges By Investing.com
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In a year marked by significant volatility, ALTI stock has hit a new 52-week low, falling to $3.56. This latest price level is in stark contrast to the more buoyant numbers seen in the past, highlighting the challenges the company has faced in the market. Over the past year, ALTI’s…
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Roblox set to launch paid videogames on its virtual platform By Reuters
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Written by Zuhair Kachwala (Reuters) – Roblox Inc said on Friday it will offer paid video games on its platform and allow developers to sell physical goods through the games they create. The video game company said at its developer conference that it will add the ability to price certain…