Author: Investor Empires
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Flame Tree slumps to Sh91m loss on high debt service costs
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Listed Flame Tree Group posted a loss of Sh90.6 million in the first half of the year ended June 2024, as higher debt servicing costs erased a Sh6.7 million profit from last year. The company’s financing costs rose by 48.1 per cent to Sh181.3 million from Sh122.4 million previously, as…
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A Manual Guide to Killing Bitcoin: The Eternal Return
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This article was published in Bitcoin Magazine. “The Half Problem”. Click here here To get your copy. Every morning at 6 a.m. in Punxsutawney, Pennsylvania, cynical weatherman Phil Connors wakes up to live the same day over and over again. Stuck in a time loop, Connors tries everything to get…
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A Manual Guide to Killing Bitcoin: The Eternal Return
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This article was published in Bitcoin Magazine. “The Half Problem”. Click here here To get your copy. Every morning at 6 a.m. in Punxsutawney, Pennsylvania, cynical weatherman Phil Connors wakes up to live the same day over and over again. Stuck in a time loop, Connors tries everything to get…
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Should Business Owners Be Worried About Rachel Reeves’ First Budget?
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As the leaves turn golden in October, businesses across the country are bracing for a political event that could redefine their futures: the unveiling of Rachel Reeves’ first budget as Chancellor of the Exchequer. A figure who rose through the Labour Party ranks on her reputation as a sharp-witted figure,…
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Wall Street climbs as investors focus on Nvidia results By Reuters
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By Noel Randwick (Reuters) – Technology stocks rose on Tuesday in mixed trading ahead of a highly anticipated quarterly report from Nvidia Corp on Wednesday and economic data expected later in the week. The benchmark S&P 500 and Nasdaq swung between gains and losses, with focus on results due Wednesday…
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Bearish Forces Eye $0.0914 Target
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Dogecoin DOGE’s latest attempt to regain bullish momentum came to a sudden halt as bearish forces reasserted their dominance. Shortly after poolThe popular meme coin is now under renewed selling pressure, with the price set to drop towards the $0.1 level. With the negative momentum strengthening, the question is whether…
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Chipotle may have violated workers’ unionization rights, US labor board says
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Dee Ann Durbin Published on August 27, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content Chipotle Mexican Grill may have violated federal…
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UBS sees EUR/CHF slipping amid rate cuts By Investing.com
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UBS revised its forecast for the currency pair down slightly to 0.93 in the second half of 2024. The soft landing of the global economy has been good for the euro, but disappointing growth prospects in Europe have limited the pair’s advance. After recovering from a low of 0.92 in…
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A $10M Catalyst For AI-Driven Startups
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Fetch.ai, a leading decentralized machine learning company, recently announced the launch of its long-awaited Innovation Lab in San Francisco. The state-of-the-art facility is set to serve as a transformative incubator for startups developing groundbreaking AI agent solutions, with an impressive $10 million in annual funding earmarked to fuel their growth.…
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Check Point acquires Israeli co Cyberint for $200m
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Israeli Cyber Security Check Point Software Technologies Co., Ltd. (NASDAQ: CHKP) announced the acquisition of an Israeli company specializing in threat intelligence and digital protection. Cyber IntNo financial details were disclosed, but market sources estimate the acquisition is for about $200 million in cash — a reasonable return for investors…
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Check Point acquires Israeli co Cyberint for $200m
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Israeli Cyber Security Check Point Software Technologies Co., Ltd. (NASDAQ: CHKP) announced the acquisition of an Israeli company specializing in threat intelligence and digital protection. Cyber IntNo financial details were disclosed, but market sources estimate the acquisition is for about $200 million in cash — a reasonable return for investors…
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US 2-year note auction results 3.874% vs 3.880% WI
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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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US 2-year note auction results 3.874% vs 3.880% WI
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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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AI tokens are dancing to NVIDIA’s beat — how long will the music last?
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With analysts expecting NVIDIA’s revenue to nearly double, how will these potential gains impact AI-focused cryptocurrencies? NVIDIA (NVDA) has been the talk of the town, and for good reason. The tech giant, known for its powerful graphics cards and AI innovations, is set to report its fiscal second-quarter 2025 earnings…
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Aid struggles to reach survivors as Sudan dam collapse, floods wreak havoc By Reuters
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Written by Tayeb Siddiq ARBAT, Sudan (Reuters) – Emergency teams were racing against time on Tuesday to find out how many people were missing after a dam in eastern Sudan burst its banks, unleashing the worst flooding to devastate a country already ravaged by 500 days of war. The collapse…
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US stocks waver ahead of Nvidia results By Investing.com
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U.S. stocks struggled to find direction on Tuesday, amid cautious sentiment as investors awaited results from chipmaker Nvidia Corp. (NASDAQ:) due on Wednesday. By 12:55 p.m. ET (1657 GMT), the benchmark Nikkei average was down 67 points, or 0.2%, up 0.1% and adding 0.1%. Nvidia Earnings in Spotlight; Netflix Gets…
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US stocks waver ahead of Nvidia results By Investing.com
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U.S. stocks struggled to find direction on Tuesday, amid cautious sentiment as investors awaited results from chipmaker Nvidia Corp. (NASDAQ:) due on Wednesday. By 12:55 p.m. ET (1657 GMT), the benchmark Nikkei average was down 67 points, or 0.2%, up 0.1% and adding 0.1%. Nvidia Earnings in Spotlight; Netflix Gets…
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Internet Computer Add High Returns To Their Portfolio With New ICO At $0.001777
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One of the most compelling opportunities currently available is the combination of an online computer (ICP) and a new ICO, Mbebe (Mbebe), This is generating buzz at an initial price of just $0.001777. As the digital landscape continues to expand, smart investors are exploring innovative ways to diversify their portfolios,…
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US stocks tread water with Nvidia, rate cuts in focus
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Consumer confidence rose more than expected in August, although consumers’ assessment of the labor market remained weak. the Last indicator reading The U.S. manufacturing purchasing managers’ index came in at 103.3, up from 101.9 in July and above the 100.7 forecast by economists surveyed by Bloomberg. “Consumer confidence rose overall…