Author: Investor Empires
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Nobel laureate Muhammad Yunus was arch foe of ousted Bangladesh PM Hasina By Reuters
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Written by Roma Paul and Sudipto Ganguly DHAKA (Reuters) – Nobel laureate Muhammad Yunus, a pioneer of the global microcredit movement who could lead Bangladesh’s new interim government, was a bitter enemy of Prime Minister Sheikh Hasina, who resigned and fled the country. Known as the “banker to the poor,”…
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ZoomInfo stock falls 16% on weak guidance, CFO transition; Analysts downgrade By Investing.com
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ZoomInfo shares fell 10% in after-hours trading Tuesday after the company reported second-quarter earnings that missed analysts’ expectations and gave weaker-than-expected guidance. The product launch services company also announced a leadership change in its finance department. ZoomInfo reported adjusted earnings per share of $0.17 for the second quarter, missing analysts’…
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Vitalik’s Cross-Layer-2 Interoperability Plan
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Image source: worldcoinindex As the Ethereum ecosystem continues to evolve, the need for seamless interoperability between the ever-expanding Layer 2 (L2) networks has become critical. Ethereum co-founder Vitalik Buterin recently announced It was revealed A comprehensive plan to address this challenge aims to create a seamless user experience across the…
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Vitalik’s Cross-Layer-2 Interoperability Plan
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Image source: worldcoinindex As the Ethereum ecosystem continues to evolve, the need for seamless interoperability between the ever-expanding Layer 2 (L2) networks has become critical. Ethereum co-founder Vitalik Buterin recently announced It was revealed A comprehensive plan to address this challenge aims to create a seamless user experience across the…
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Stocks Rebound From Global Slump, Treasuries Fall: Markets Wrap
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(Bloomberg) — Calm returned to markets as investors looked for bargains after a selloff in global stocks on Monday that peaked after three weeks of losses of about $6.4 trillion. Bond prices also fell. Most Read from Bloomberg S&P 500 futures suggested a recovery could be on the way after…
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Squeeze on carry trades leaves currencies, investors on edge By Reuters
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Written by Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar suffered sharp losses on Tuesday as the yen retreated after a sharp rise in the previous session as traders faced the prospect of a sharp rate cut by the Federal Reserve. The yen fell 0.89 percent on Tuesday to 145.48…
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XRP, ADA, and RBLK show strong potential for significant gains
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As the Bitcoin market stabilizes, altcoins like XRP, ADA, and Rollblock are poised for massive growth. Bitcoin is the glue that holds the cryptocurrency market together, but altcoins are where…
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XRP, ADA, and RBLK show strong potential for significant gains
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As the Bitcoin market stabilizes, altcoins like XRP, ADA, and Rollblock are poised for massive growth. Bitcoin is the glue that holds the cryptocurrency market together, but altcoins are where…
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Bayer AG Non-GAAP EPS of €0.94, revenue of €11.14B; reaffirms FY24 outlook
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Bayer AG press release (OTCPK:BAYZF): Q2 non-GAAP EPS of €0.94. Revenue of €11.14 billion (+0.9% year-on-year). EBITDA before special items decreased to €2.1 billion (-16.5%), impacted by adverse currency movements. Free cash flow is €1.3 billion. Net operating cash flow in Q2 2024 amounted to EUR 2,410 million (Q2 2023:…
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FX Watch: NZD/CHF To Extend Its Trend After NZ’s Jobs Release?
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Like other “risk” assets, the New Zealand dollar lost ground against its safe-haven peers as optimism over low interest rates turned to concerns that a high interest rate environment was leading to recessionary conditions in the US and other major economies. The Swiss franc, in particular, found additional support from…
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If Bulls Fail, BTC May Plunge To $40,000
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Bitcoin is down. Earlier today, the coin fell to $49,000, down 30% from its July highs. Although the coin briefly pulled back, paring some losses, the downtrend is still intact, at least judging by the candlestick formation on the daily chart. The sharp sell-off in Bitcoin is impacting the altcoin…
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If Bulls Fail, BTC May Plunge To $40,000
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Bitcoin is down. Earlier today, the coin fell to $49,000, down 30% from its July highs. Although the coin briefly pulled back, paring some losses, the downtrend is still intact, at least judging by the candlestick formation on the daily chart. The sharp sell-off in Bitcoin is impacting the altcoin…
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Robinhood and Nvidia lead market plunge amid economic jitters
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U.S. stocks fell on Monday, part of a global sell-off, as investors braced for days of volatility amid growing concerns about a slowing U.S. economy and excessive gains in the technology sector. The S&P 500 fell 3%, its biggest daily drop since September 2022, and the tech-heavy Nasdaq 100 fell…
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RBA leaves cash rate unchanged at 4.35%, as expected
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Previous 4.35% Inflation remains above target and proves persistent The outlook remains highly uncertain. The process of returning inflation to target has been slow and turbulent. High unit labor costs and persistent inflation point to higher price risks. Wage growth appears to have peaked but is still above the level…
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Europe’s Fourth Largest Investment Manager Discloses $500M in Spot Bitcoin ETFs Amid Market Volatility
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Capula Management, Europe’s fourth-largest investment manager, has disclosed holdings worth about $500 million in Bitcoin exchange-traded funds, according to a filing with the Securities and Exchange Commission today. Breaking News: Capula Management, Europe’s 4th Largest Investment Manager, Reveals $500 Million in Spot Securities Market #Bitcoin Exchange Traded Funds ?? pic.twitter.com/AarPOFjrbt…
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Europe’s Fourth Largest Investment Manager Discloses $500M in Spot Bitcoin ETFs Amid Market Volatility
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Capula Management, Europe’s fourth-largest investment manager, has disclosed holdings worth about $500 million in Bitcoin exchange-traded funds, according to a filing with the Securities and Exchange Commission today. Breaking News: Capula Management, Europe’s 4th Largest Investment Manager, Reveals $500 Million in Spot Securities Market #Bitcoin Exchange Traded Funds ?? pic.twitter.com/AarPOFjrbt…
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Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests
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Kenya’s private sector activity fell by the most in more than three years in July as deadly social unrest disrupted businesses. Business conditions such as output, new orders and employment in July deteriorated at the fastest rate from June since April 2021 when the world was grappling with the shocks…
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Exclusive-Chinese firms stockpile high-end Samsung chips as they await new US curbs, say sources By Reuters
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By Heikyong Yang, Fanny Botkin, and Karen Freifeld SEOUL/SINGAPORE (Reuters) – Chinese tech giants including Huawei Technologies and Baidu Inc as well as startups are stockpiling ultra-wideband memory semiconductors from Samsung Electronics Co Ltd in anticipation of U.S. restrictions on chip exports to China, three sources said. Companies have ramped…
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Is There More Room to Climb?
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Ethereum price started a recovery wave from the $1910 area. Ethereum is up more than 10% and is now stable near the $2500 area. Ethereum started a recovery wave above the $2,250 and $2,400 levels. The price is trading below the $2650 level and the 100-hour simple moving average. There…
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Is There More Room to Climb?
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Ethereum price started a recovery wave from the $1910 area. Ethereum is up more than 10% and is now stable near the $2500 area. Ethereum started a recovery wave above the $2,250 and $2,400 levels. The price is trading below the $2650 level and the 100-hour simple moving average. There…