Author: Investor Empires
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TA of the Day: Is the S&P 500 Set to Resume Its Rally After Edging Lower?
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the Standard & Poor’s 500 Saudi Arabia’s stock market took a breather and fell slightly on Monday after the cloud of bullish magic that two prominent central bankers sprayed on markets last week began to subside. Last Friday, Federal Reserve Chairman Jerome Powell and Bank of Japan Governor Ueda made…
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BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows
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At the time of writing, Bitcoin is currently worth $63,500, which is considered a fair market price according to the Bitcoin Cycle Master chart and data from Bitcoin Magazine Pro. The Bitcoin Cycle Master chart incorporates on-chain metrics, including days of value destruction and final price, to assess Bitcoin’s position…
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Luca Maestri to step down as Apple CFO after a decade of huge growth at the iPhone giant
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Apple’s longtime CFO Luca Maestri will step down at the end of the year, handing the role to his senior vice president Kevan Barrick after more than a decade. Parikh, 52, will take over as CFO on Jan. 1, in what Apple called a “planned succession.” The company said Monday…
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What are the technicals telling traders in the EURUSD, USDJPY and GBPUSD pairs
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In this video, I take a look at the three major currency pairs from a technical perspective. On Monday, the EUR/USD pair fell, approaching its rising 100-hour moving average which is currently at 1.1143 (current price at 1.11615). This moving average will be a key barometer for the pair in…
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Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
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Ethereum is in a classic accumulation phase after the recent correction and is now targeting $3,000. After falling to $2,116 just 20 days ago, Ethereum has seen a significant price surge, recovering to higher levels, indicating increasing bullish momentum. Related reading This accumulation phase has caught the attention of analysts…
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Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
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Ethereum is in a classic accumulation phase after the recent correction and is now targeting $3,000. After falling to $2,116 just 20 days ago, Ethereum has seen a significant price surge, recovering to higher levels, indicating increasing bullish momentum. Related reading This accumulation phase has caught the attention of analysts…
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Motorists overpay Sh16bn in fuel deal with Gulf firms
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Motorists have been overcharged by an estimated Sh16.4 billion or Sh2.70 per litre of fuel since Kenya opted for government-to-government oil supply contracts with three Gulf-based companies, boosting the profits of three local companies at the expense of consumers. Kenya entered into the deal with Saudi Aramco, Abu Dhabi National…
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Russia stocks higher at close of trade; MOEX Russia up 3.78% By Investing.com
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Investing.com – Russian stocks were higher after Monday’s close, as gains in the banking and services sectors led shares higher. At the end of trading in Moscow, the index rose by 3.78%. The session’s top performer was NOVATEK (MCX:), which rose 9.54% or 88.20 points to trade at 1,013.00 at…
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Crazy and not that crazy reasons for the Telegram’s founder arrest
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Telegram founder faces up to 20 years in prison.. What’s happening? Pavel Durov, the founder of the instant messaging app Telegram, was arrested at Paris Le Bourget airport as he stepped off a private jet. The businessman, a French citizen, could face charges of multiple crimes committed through Telegram. Possible…
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Crazy and not that crazy reasons for the Telegram’s founder arrest
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Telegram founder faces up to 20 years in prison.. What’s happening? Pavel Durov, the founder of the instant messaging app Telegram, was arrested at Paris Le Bourget airport as he stepped off a private jet. The businessman, a French citizen, could face charges of multiple crimes committed through Telegram. Possible…
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Major corporations return to CBI as lobby group rebuilds after misconduct scandal
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The Confederation of British Industry, which faced a mass exodus of members and severe financial difficulties after the allegations emerged in April 2023, has taken major steps to restore its standing. The group has cut a third of its staff, closed its international offices and overhauled its management structure. These…
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Forexlive Americas FX news wrap: US dollar rebounds, Daly highlights Fed put
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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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Cardano Founder Announces Key Updates At Rare Evo 2024
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During a keynote at the Rare Evo 2024 conference, Cardano founder Charles Hoskinson unveiled a series of significant updates to the Cardano blockchain. Speaking to a diverse audience of developers, stakeholders, and enthusiasts, Hoskinson outlined Cardano’s next steps in technology development, governance, and global connectivity. Cardano Roadmap for the Coming…
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Cardano Founder Announces Key Updates At Rare Evo 2024
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During a keynote at the Rare Evo 2024 conference, Cardano founder Charles Hoskinson unveiled a series of significant updates to the Cardano blockchain. Speaking to a diverse audience of developers, stakeholders, and enthusiasts, Hoskinson outlined Cardano’s next steps in technology development, governance, and global connectivity. Cardano Roadmap for the Coming…
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Vanguard Announces Cash Distributions for the Vanguard ETFs
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 26, 2024 •…
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Elliott lays out its case for leadership change at Southwest Airlines By Reuters
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By Svea Herbst Bayliss NEW YORK (Reuters) – Elliott Investment Management, which now owns about 9.7 percent of Southwest Airlines Co (NYSE: )’s voting power, told investors the company needs new outside leadership for a “better future” but is also prepared to move forward with a planned proxy battle. In…
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Which Meme Coin Offers Better Long-Term Investment Potential?
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The cryptocurrency market is constantly evolving, with meme coins continuing to attract investors looking for high-risk, high-reward opportunities. Some of the latest contenders include Husky Inu (HINU) and Mbebe (Mbebe)both of which have generated a lot of buzz. But which of these cryptocurrencies offers better long-term investment potential? Let’s dive…
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Foreign airlines resume Tel Aviv flights after pre-emptive strike
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It was business as usual at Ben Gurion Airport today, with 60,900 passengers expected to pass through on 353 international flights arriving and departing. Yesterday, more than 50,000 passengers passed through the airport, despite Israeli airspace being closed for several hours in the morning due to the Israel Defense Forces’…
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Fed’s Daly: Labour market is in complete balance
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. Daly’s comments on Bloomberg TV: It’s hard to imagine anything that could derail a September rate cut. It’s time to change the policy. We do not want to continue to tighten monetary policy while inflation is falling. The risks to our goals are now balanced. The most likely outcome…
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Trader misses out on $2m SUNDOG profit
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The recent surge in the price of Sundog token has likely left one trader regretting his decision to sell too soon. According to blockchain security and intelligence platform Arkham, the trader initially invested $65 in SUNDOG (SUNDOG) when the meme coin was launched on the SunPump platform. However, just 20…