Author: Investor Empires
-
Music labels’ AI lawsuits create new copyright puzzle for US courts By Reuters
•
By Blake Brittany (Reuters) – Country singer Tift Merritt’s most popular song on Spotify (NYSE: NYSE: ) is a ballad with lyrics evoking isolation and the open road. Prompted by Reuters to create an “American Tift Merritt-style song,” artificial intelligence music site Udio instantly generated “Holy Grounds,” a ballad with…
-
Congressman Wiley Nickel On Reforming The Democrats’ Bitcoin Strategy
•
On the main stage of the Bitcoin 2024 conference, Rep. Wiley Nickel (D-NC) shared that he is working to push Democrats to shift to a more pro-Bitcoin and crypto stance. He told the event attendees that he recently wrote a letter to the Democratic National Committee signed by 28 Democrats,…
-
Mobileye slumps after cutting 2024 guidance
•
Israeli Advanced Driving Assistance Systems (ADAS) stock price Mobily International Company (Nasdaq: MBLY) is trading sharply lower in premarket trading on Wall Street after disappointing the market with a lowered outlook. The company, led by CEO and co-founder Amon Shashua, expects annual revenue of $1.6 billion to $1.68 billion, down…
-
Dollar hits four-month low as weak US jobs data boosts rate cut bets By Reuters
•
By Karen Brittl NEW YORK (Reuters) – The U.S. dollar fell to a four-month low on Friday after a weaker-than-expected July employment report raised expectations the Federal Reserve will cut interest rates by 50 basis points in September as the economy deteriorates. Employers added 114,000 jobs, missing expectations for a…
-
XRP, Bitcoin Sentiment Remains Very Positive: Bad Sign For Price?
•
Data shows that sentiment around XRP and Bitcoin is currently very bullish, which may actually be to the detriment of their prices. XRP and Bitcoin are among the coins experiencing positive sentiment at the moment According to data from the analytics company saintAt the moment, large-cap cryptocurrencies are being watched…
-
XRP, Bitcoin Sentiment Remains Very Positive: Bad Sign For Price?
•
Data shows that sentiment around XRP and Bitcoin is currently very bullish, which may actually be to the detriment of their prices. XRP and Bitcoin are among the coins experiencing positive sentiment at the moment According to data from the analytics company saintAt the moment, large-cap cryptocurrencies are being watched…
-
Is the small-cap rally sustainable? Wells Fargo weighs in By Investing.com
•
Small-cap U.S. stocks, which the index represents, have outperformed the S&P 500 by more than 10% since early July, driven by expectations of a Federal Reserve rate cut and market speculation about the upcoming election. For an asset class that has consistently underperformed for most of the past decade, this…
-
Gold takes a quick dive, erasing today’s gains
•
The problem with gold is that it’s a good asset to hold when things are a little bit bad in the markets. But when things get really bad, it gets sucked into the financial maelstrom. That’s what happened at the start of Covid and that’s what’s happening now (to a…
-
Bitcoin Whales Scoop Up 84000 Bitcoins In July 24
•
Image from Pexels The cryptocurrency market has been volatile in recent months, with Bitcoin (BTC) experiencing price declines and periods of consolidation. However, amidst this volatility, a notable trend has emerged – the massive accumulation of Bitcoin by large-scale investors, often referred to as “Bitcoin whales.” In a remarkable display…
-
Bitcoin Whales Scoop Up 84000 Bitcoins In July 24
•
Image from Pexels The cryptocurrency market has been volatile in recent months, with Bitcoin (BTC) experiencing price declines and periods of consolidation. However, amidst this volatility, a notable trend has emerged – the massive accumulation of Bitcoin by large-scale investors, often referred to as “Bitcoin whales.” In a remarkable display…
-
These 3 Stocks Will Soar If Kamala Harris Wins in November
•
The upcoming presidential election could be close. It’s not too early for investors to start thinking about the best opportunities, depending on who wins. I’ve already written about stocks that I expect to perform well. If Republican presidential candidate Donald Trump winsHowever, Vice President Kamala Harris — the presumptive Democratic…
-
What cards does China hold in trade dispute with EU? By Investing.com
•
Amid the ongoing trade dispute between China and the European Union, analysts at Citigroup said in a note this week that China is strategically preparing for potential retaliation while maintaining a cautious stance. Following the EU’s imposition of temporary tariffs on Chinese electric vehicles on July 4, 2024, China has…
-
Monero leads top altcoins in 24-hour gains despite sea of red
•
Monero is currently the highest performing cryptocurrency among the top 100 coins by market cap over the past 24 hours. On August 2, Monero (XMR) surged above $164, posting an intraday gain of around 5%, while most crypto markets struggled and Wall Street traded in deep red. Monero, a privacy…
-
Hawaiian Electric, others reach $4B settlement with Maui wildfire plaintiffs (NYSE:HE)
•
My Photographer Friend/iStock via Getty Images Hawaiian Electrical Industries (New York:HE) and six other defendants have reached a $4 billion settlement that will resolve lawsuits filed by hundreds of victims of last year’s Maui wildfires. Under the proposed global settlement, which remains subject to final documentation and court approval, Seven…
-
Hawaiian Electric, others reach $4B settlement with Maui wildfire plaintiffs (NYSE:HE)
•
My Photographer Friend/iStock via Getty Images Hawaiian Electrical Industries (New York:HE) and six other defendants have reached a $4 billion settlement that will resolve lawsuits filed by hundreds of victims of last year’s Maui wildfires. Under the proposed global settlement, which remains subject to final documentation and court approval, Seven…
-
USD/CAD pushes higher as brent crude extends decline to $3
•
Commodity currencies are in an interesting position at the moment. The US dollar is falling on several fronts as the market reconsiders the path of the Federal Reserve’s money. But they are reconsidering that because of slowing growth and inflation. Prices are also relatively high in the commodity bloc, currently…
-
Top 4 Meme Coins Besides Shiba Inu And Dogecoin That Could Do Great In August
•
In the current cycle, meme coins have managed to outperform utility coins, with coins like Dogecoin and Shiba Inu remaining prominent players. However, given how much Dogecoin and Shiba Inu have already grown, crypto investors are seeing their gains limited, prompting them to move towards other meme coins for higher…
-
The legacy of Paris puts future Olympics at risk—is it time to pick a single, permanent host for the games?
•
Paris won the 2024 Olympic Games with the promise of hosting the most economical and sustainable Games in modern history. By leveraging existing infrastructure for 95% of events, complying with the Paris Agreement on climate change, and renewing the reputation of the Games, Paris has set a new standard for…
-
Hedge funds grow bearish amid economic slowdown jitters, Goldman says By Reuters
•
Written by Carolina Mandel NEW YORK (Reuters) – Global hedge funds continued to add bearish bets on stocks to their portfolios in the week to Aug. 1 as fresh data raised concerns that the U.S. economy is slowing faster than expected, Goldman Sachs said in a note to clients. Goldman…
-
Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: CNBC
•
In a major move among Wall Street’s biggest banks, Morgan Stanley will soon allow its financial advisers to offer bitcoin exchange-traded funds to certain clients, according to CNBC. ReportsStarting Wednesday, the firm’s 15,000 advisors will be able to offer exposure to BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin…