Author: Investor Empires
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Paramount Global writes down value of cable networks, posts first streaming profit By Reuters
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By Don Chmielewski (Reuters) – Paramount Global Inc wrote down about $6 billion in the value of its cable networks on Thursday even as the company’s broadcast business reported its first quarterly profit. The decline reflects shrinking viewership at cable networks like Nickelodeon, MTV and Comedy Central, which translates into…
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XRP Investors Generate Extra Profits In MPEPE Following Ripple Hype
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The cryptocurrency market has been buzzing with excitement following Ripple Labs’ recent legal victory against the Securities and Exchange Commission. This landmark ruling has not only sent XRP prices soaring but has also attracted investors to explore other lucrative opportunities. One such opportunity is Mbebe (Mbebe), Which has seen a…
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Inside Mbadi’s in-tray as he takes over at National Treasury
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As new Treasury Secretary John Mbadi took office hours after being sworn in at State House in Nairobi, focus has shifted to a series of promises he made during his vetting process. Among the pledges Mr Mbadi made when he confirmed his approval of the loan last Saturday were promises…
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Mexico’s ruling party looking at changes to judicial reform to calm markets, sources say By Reuters
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By Diego Orr MEXICO CITY (Reuters) – Mexico’s ruling party is considering changes to a proposed judicial reform in an attempt to calm market concerns, including making the election of judges a gradual process over several years to reduce fears of a political takeover of the judiciary, sources familiar with…
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What Does Bitcoin Mean to You? An Interview with Marco Santini
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In a collaboration that brings together the worlds of art and Bitcoin, Marco Santini – a renowned artist – recently lent his creativity to Bitcoin Magazine and the Bitcoin Conference. His involvement began with a piece created with the first issue of Bitcoin Magazine, Spotlight: Bitcoin Magazine Issue 1 (be…
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UK salary growth slows, paving the way for potential interest rate cuts
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UK wage growth slowed last month while demand for workers remained flat, paving the way for further interest rate cuts by the Bank of England. Research from KPMG and the Recruitment and Employment Confederation (REC) reveals that the rate of pay growth for both permanent and part-time employees slowed in…
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AUDUSD moving into a cluster of technical levels. Can the momentum continue?
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The AUD/USD pair reached session highs, surpassing two of the four key technical levels: the 50% retracement of the move down from July at 0.6473 and the 100-bar moving average on the four-hour chart at 0.6577. The current price is trading at 0.6586. Next targets are the 200-day moving average…
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Stellar Shines With 11% Gain Despite Downbeat Market Mood
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Stellar (XLM) is showing its strength as its price surges today, August 8, in the face of a slowing market recovery following the market decline that occurred earlier this week. According to Queen GeckoXLM price is up around 10% in an environment where most altcoins are still feeling the pain.…
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IPG Demonstrates Leadership in Sustainable Packaging in 2023 Annual Sustainability Report
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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 8, 2024 •…
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Outset Medical reports disappointing earnings in second-quarter By Investing.com
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Outset Medical (NASDAQ: OM), a medical technology company, reported second-quarter earnings for 2024 that missed market expectations, primarily due to a slower ramp-up of its TabloCart product and an extended sales cycle. Despite these challenges, the company highlighted several positive aspects of its performance, such as strong treatment sales and…
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Ceva reports Q2 shipments up 25%
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Ceva, Inc. (Nasdq: CEVA), a chip designer, reported revenue of $28.4 million for the second quarter of 2024, compared to revenue of $22.9 million in the comparable quarter of 2023. Non-GAAP diluted earnings per share were $0.17. Royalty revenue was $11.2 million, up 19% year-over-year. Ceva shipped 461 million units,…
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Dollar slips ahead of jobless claims; recession fears rise By Investing.com
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Investing.com – The U.S. dollar fell on Thursday as traders began to factor in aggressive monetary easing by the Federal Reserve to combat a slowing economy. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 102.802,…
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Surprising Ethereum price prediction: $18,000 on the horizon?
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What do experts think about Ethereum’s ability to reach $18,000 soon? Analyzing the latest forecasts and market trends. August 5 was what many are calling Black Monday for cryptocurrencies, a day of extreme market turmoil as Ethereum (ETH) and other crypto assets saw significant price drops. Amidst a broad sell-off…
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Surprising Ethereum price prediction: $18,000 on the horizon?
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What do experts think about Ethereum’s ability to reach $18,000 soon? Analyzing the latest forecasts and market trends. August 5 was what many are calling Black Monday for cryptocurrencies, a day of extreme market turmoil as Ethereum (ETH) and other crypto assets saw significant price drops. Amidst a broad sell-off…
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Koru Medical Systems stock price target raised on strong results By Investing.com
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On Thursday, Piper Sandler revised its outlook on shares of Koro Medical Systems Inc. (NASDAQ:KRMD), raising its price target to $3.00 from $2.50 previously. The firm maintained a neutral rating on the stock. The adjustment came after Coro Medical reported second-quarter earnings, which highlighted a record quarterly revenue of $8.4…
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Joining the Dots in Online Trading: iFX EXPO Asia 2024
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The Asia Pacific (APAC) region is one of the fastest growing e-commerce markets in the world. As it continues to grow, the Asia trading software market is expected to reach USD 19.68 billion by 2031, expanding at a CAGR of 7.84% between 2024 and 2031. In this context, iFX Asia…
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Donald Trump’s Proposal For A National Bitcoin Stockpile Faces Backlash From Prosecutors
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In a long-awaited move that has angered crypto investors, former President Donald Trump has proposed creating a national reserve of bitcoin if he is re-elected to the White House in November 2024. Trump’s Plan to Create National Bitcoin Reserve Faces Backlash At the Bitcoin 2024 conference on July 27, Trump…
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Donald Trump’s Proposal For A National Bitcoin Stockpile Faces Backlash From Prosecutors
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In a long-awaited move that has angered crypto investors, former President Donald Trump has proposed creating a national reserve of bitcoin if he is re-elected to the White House in November 2024. Trump’s Plan to Create National Bitcoin Reserve Faces Backlash At the Bitcoin 2024 conference on July 27, Trump…
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Warner Bros. Discovery tanks after massive impairment charge, Wall Street says ‘unlikely’ things can get worse
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Warner Bros. Discovery (WBD) shares fell about 12% in early trading Thursday after the company reported disappointing second-quarter earnings on Wednesday that missed expectations on both the top and bottom lines. The company took a massive $9.1 billion impairment charge related to its television networks unit following the loss of…