Author: Investor Empires

  • Goldman Sachs now sees three consecutive Fed rate cuts this year

    Goldman Sachs economists now expect the Fed to cut rates by 25 basis points at each of the three remaining meetings this year. They previously expected two rate cuts. “Today’s report suggests that the slowdown in labor market conditions has now gone beyond what was welcome,” Goldman notes. In addition,…

  • Bitcoin Price Tumbles To $61,000: What Next For BTC?

    Indeed, Bitcoin’s price performance has been one of the highlights of the cryptocurrency landscape in recent weeks. However, the leading cryptocurrency has not started the new month well, sparking talk of a history of the currency in August. Interestingly, one blockchain company has suggested that Bitcoin’s value may not be…

  • Berkshire Cuts Apple Stake by Almost Half in Selling Spree

    (Bloomberg) — Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that left billionaire Warren Buffett’s cash pile at a record $276.9 billion. Most Read from Bloomberg In all, Berkshire Hathaway sold $75.5 billion worth of shares on a…

  • Berkshire halves Apple stake, boosts cash to $277 billion even as operating profit sets record By Reuters

    By Jonathan Stempel (Reuters) – Warren Buffett appears to be getting a kick out of stocks, allowing Berkshire Hathaway Inc’s cash pile to soar to nearly $277 billion and selling about half his stake in Apple Inc, even as the company posted record quarterly operating profit. Berkshire’s results suggest that…

  • Global Liquidity Hits All Time High, Bitcoin To Follow?

    According to data from Bitcoin Pro MagazineThe global money supply, also known as global liquidity, has reached an all-time high of $95 trillion; this key indicator is being closely watched by Bitcoin investors and analysts, as historically high liquidity has preceded major rallies. Global Liquidity It is the total amount…

  • Viking obesity drug to rival Eli Lilly’s: report (NASDAQ:VKTX)

    Carolina Rhoda/iStock via Getty Images Eli Lilly (NYSE:LLYPopular obesity treatment Zepbound could face direct competition from Viking TherapeuticsNASDAQ:VKTX), with the latter expected to launch its flagship weight loss product VK2735 within the next few years, according to data analytics firm GlobalData. He said this week. The prediction comes after the…

  • Citigroup forecasts 50 basis point cuts in September and November

    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…

  • Ethereum Price Under Pressure: Watch Out For $3,000

    Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…

  • Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock

    Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that has left billionaire Warren Buffett’s cash pile at a record $276.9 billion. Berkshire Hathaway, based in Omaha, Nebraska, said Saturday that it sold $75.5 billion worth of shares during…

  • Warren Buffet is selling stocks. A lot By Investing.com

    Warren Buffett’s Berkshire Hathaway significantly reduced its exposure to stocks in the second quarter, new filings show. The company’s financial statements indicated that it sold a net share of $75.5 billion in the three months through June. Buffett was seen selling nearly half of his stake in Apple Inc. (NASDAQ:)…

  • Warren Buffet is selling stocks. A lot By Investing.com

    Warren Buffett’s Berkshire Hathaway significantly reduced its exposure to stocks in the second quarter, new filings show. The company’s financial statements indicated that it sold a net share of $75.5 billion in the three months through June. Buffett was seen selling nearly half of his stake in Apple Inc. (NASDAQ:)…

  • Crypto Market Sentiment Analysis: A Step-by-Step Guide

    Crypto market sentiment analysis has become an essential tool for investors navigating the volatile cryptocurrency market. This approach combines fundamental analysis with social media trends and investor emotions to gauge market mood and predict potential price movements. By monitoring sentiment indicators, traders can gain valuable insights into market psychology, helping…

  • I spent Sh1m savings on a wedding, how can I raise money for a house and car?

    I am Wilson, 29 years old. I earn $1,237. I pay five percent withholding tax every month because the company is foreign and not registered in the country. So, they use another partner company that is registered locally. They receive dollars and pay me in Kenyan shillings at the current…

  • Australia, NZ dollars grapple with risk aversion as US growth fears weigh By Reuters

    SYDNEY (Reuters) – The Australian dollar held near three-month lows on Friday after weak U.S. data fueled fears of a sharp slowdown in the world’s largest economy, prompting investors to seek refuge in the safe-haven yen and Swiss franc. The single currency was steady at $0.6501, having fallen 0.5% overnight…

  • A quest for the memecoin which could displace Polkadot in 2024

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As DeFi Stumbles, Memes Boom with Pepe and Emerging Meme Coin Raboo Gaining Crypto Attention It’s been a “memecoin rally” over the past month, as the meme sector has taken…

  • A quest for the memecoin which could displace Polkadot in 2024

    Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As DeFi Stumbles, Memes Boom with Pepe and Emerging Meme Coin Raboo Gaining Crypto Attention It’s been a “memecoin rally” over the past month, as the meme sector has taken…

  • Britain’s battery industry could spark revival with local LFP production

    The UK battery industry, which has been in decline, could see a boost with the introduction of locally produced lithium iron phosphate (LFP), a key component in electric vehicle (EV) batteries. Behnam Hormozi, founder of Integrals Power, believes that producing a cleaner, higher-quality version of the LFP battery in the…

  • A technical look at the S&P and Nasdaq indices. Both trading near key levels.

    The Nasdaq opened lower, then rallied and briefly moved above the 100-day moving average at 16,876.83. Just above that is the 50% retracement of the move up from the May low to the July high. That level reached 16,946.92. Today’s high reached 16,920.63 between the two levels. Buyers have turned…

  • ‘Unregulated’ Crypto Betting Booms Ahead Of 2024 US Election On Polymarket

    As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in betting on the election outcome, even as US regulators crack down on the activity. At the heart of this…

  • ‘Unregulated’ Crypto Betting Booms Ahead Of 2024 US Election On Polymarket

    As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in betting on the election outcome, even as US regulators crack down on the activity. At the heart of this…