Author: Investor Empires
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Labour told growth plan will fail without £50bn investment
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The Labour government has no chance of meeting its target of 2.5 per cent economic growth without increasing annual investment by £50bn, an independent think tank has said. The warning, issued by the National Institute of Economic and Social Research, comes as another group of researchers said Rachel Reeves would…
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Mnuchin says it’s time to kill the 20-year Treasury bond
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We haven’t heard much about Steve Mnuchin since the Trump administration ended, but the former Treasury Secretary and Hollywood financier is in the news today. He says the US should ditch the 20-year bonds he introduced. A look at today’s yield curve shows why: 10 years 3.95% 20 years 4.33%…
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Whale Alert: Shiba Inu Investor Moves $10M into Mpeppe (MPEPE) and BlockDAG (BDAG)
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In the ever-evolving cryptocurrency market, big moves by large investors, or “whales,” often signal emerging trends and opportunities. Recently, a whale known for his large Shiba Inu (SHIB) holdings made headlines by transferring a staggering $10 million into Mpeppe (MPEPE) and BlockDAG (BDAG). This strategic move highlights the growing confidence…
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Whale Alert: Shiba Inu Investor Moves $10M into Mpeppe (MPEPE) and BlockDAG (BDAG)
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In the ever-evolving cryptocurrency market, big moves by large investors, or “whales,” often signal emerging trends and opportunities. Recently, a whale known for his large Shiba Inu (SHIB) holdings made headlines by transferring a staggering $10 million into Mpeppe (MPEPE) and BlockDAG (BDAG). This strategic move highlights the growing confidence…
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Andrew Peller Limited Announces Second Quarter Fiscal 2025 Dividend
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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: Posted on August 07, 2024 •…
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Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook By Reuters
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NEW YORK (Reuters) – Shares of Lumen Technologies Inc jumped 30 percent on Wednesday, extending gains from the previous session, after the telecom company raised its annual free cash flow outlook on demand tied to artificial intelligence. Lumen shares were trading at $6.54 a share after hitting an intraday high…
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Bitcoin Addresses Holding Over 0.1 BTC Near All-Time High Amid Price Dip
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Bitcoin addresses with a balance of more than 0.1 BTC are nearing an all-time high, according to data from Bitcoin Pro MagazineThere are currently 4,580,424 such addresses, just shy of the record of 4,586,540, and representing a monthly increase of 27,939 addresses. The recent drop in Bitcoin’s price from around…
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Payoneer acquires Singapore payroll co Skuad
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Israeli fintech company Payoneer Global (Nasdaq: PAYO) has announced the acquisition of Singapore-based global workforce management and payroll company Skuad. Payoneer says the acquisition accelerates its strategy to offer a comprehensive and integrated suite of financial services to small and medium-sized businesses operating internationally. Payoneer will pay $61 million in…
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Yen dives as BOJ plays down chance of hikes, soothing markets By Reuters
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By Hannah Lang and Harry Robertson NEW YORK/LONDON (Reuters) – The yen fell on Wednesday after a senior Bank of Japan official played down the chances of a near-term interest rate hike, calming investor concerns that any further rise in the Japanese currency could rattle global markets again. The yen…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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Chart Art: NZD/JPY’s Potential Pullback Resistance Area
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The NZD/JPY pair has recovered sharply this week after days of heavy losses! How high can the NZD/JPY pair go before the bears appear in the forex market again? We are heading into the daily time frame for key turning points to watch out for! Daily currency pair NZD/JPY Chart…
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Tron Lost 6% Since Last Week
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Tron (TRX) has suffered heavy losses after the market plunged in an overreaction amid macroeconomic concerns. According to Queen GeckoThe token has dropped by almost 6% since last week, but has since made a full 180% rally today, August 7. Since then, the ecosystem continues to surprise the community with…
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Tron Lost 6% Since Last Week
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Tron (TRX) has suffered heavy losses after the market plunged in an overreaction amid macroeconomic concerns. According to Queen GeckoThe token has dropped by almost 6% since last week, but has since made a full 180% rally today, August 7. Since then, the ecosystem continues to surprise the community with…
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Nvidia, chip stocks rebound as Piper Sandler calls out ‘tremendous opportunity’ after sell-off
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Nvidia (NVDA) stock rose slightly on Wednesday amid broader gains in chip stocks after Piper Sandler analysts told investors there was a “huge opportunity” to buy the chip giant’s shares after they fell more than 25% from recent highs. “Fundamentally, NVDA remains the strongest player in AI acceleration,” wrote Harsh…
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NZDUSD moves higher and moves closet to resistance targets. Could see some profit taking.
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The New Zealand dollar rose against the US dollar during today’s trading, supported by improving employment expectations and risks to flows after the Bank of Japan said it does not need to tighten monetary policy if markets are unstable. The move to the upside has lifted the price above the…
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The Dark Skippy Attack Can Exploit Your Wallet Seed Phrase
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Cryptocurrency enthusiasts and investors face a new threat in the digital realm: the Dark Skippy attack. This sophisticated cyber assault targets crypto wallets, potentially compromising the crypto wallet security and personal information. As the cryptocurrency market continues to grow, understanding and defending against such attacks has become crucial for anyone…
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The Dark Skippy Attack Can Exploit Your Wallet Seed Phrase
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Cryptocurrency enthusiasts and investors face a new threat in the digital realm: the Dark Skippy attack. This sophisticated cyber assault targets crypto wallets, potentially compromising the crypto wallet security and personal information. As the cryptocurrency market continues to grow, understanding and defending against such attacks has become crucial for anyone…
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Walt Disney warns theme park revenue to fall, profit slips By Reuters
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By Dawn Chmielowski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co forecast a “moderation in demand” for its theme park business in the coming quarters, overshadowing the success of Pixar’s animated film “Inside Out 2” and the company’s television business. The company’s shares fell 1.1% on Wednesday after…