Author: Investor Empires
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The BITCOIN Act of 2024
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Following the announcement made on July 27 at the Bitcoin Conference in Nashville, “Promoting Innovation, Technology and Competitiveness through Optimized Investment at the National Level” or Bitcoin Act of 2024The bill, introduced by Senator Cynthia Lummis of Wyoming, seeks to establish Bitcoin as a strategic asset in the United States’…
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Amazon stock tumbles 8% as profit, revenue outlook disappoints
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Amazon (AMZN) stock fell 8% in afternoon trading Friday after the retail and cloud giant delivered current-quarter forecasts on Thursday that missed expectations on both the top and bottom lines. The disappointing returns were compounded by a weak July jobs report, which sent the tech world and the broader market…
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Kamala Harris’ inner circle girds for battle By Reuters
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By Nandita Bose, Trevor Hunnicutt, and Jeff Mason WASHINGTON (Reuters) – Kamala Harris is preparing for the fight of her life, if those closest to her are to be sure. The vice president has surrounded herself with a group of experienced operators, many of them Black women who have been…
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Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA
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Cardano (ADA) It currently competes with Ethereum in terms of transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation. Among the major token holders. Cardano rivals Ethereum in large transaction volume Data From Market Intelligence Platform In the mass…
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Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA
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Cardano (ADA) It currently competes with Ethereum in terms of transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation. Among the major token holders. Cardano rivals Ethereum in large transaction volume Data From Market Intelligence Platform In the mass…
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Intel leads chip stocks decline after results, outlook weighs on investor sentiment
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Sefa Ozil Intel CorporationNASDAQ:INTC) chip stocks fell Friday after the company’s second-quarter results and guidance rattled investors and analysts alike. arm (army) -8%Micron (MU) technology -7%semiconductors (ON) -5%Taiwan Semiconductor Manufacturing Company (TSM) -5%Analog devices (Adi) -4%NXP Semiconductor Corporation (NXPI) -4%Broadcom (I am bored) -3%Texas Instruments, Inc.TXN) -3%Nvidia (NVDA program) -1%and…
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JPMorgan joins the 50 basis point cut call
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JPMorgan CEO Jamie Dimon recently reiterated his belief that inflation is still a problem, but his economic team disagrees. They have now joined Citigroup in calling for consecutive 50 basis point rate cuts in September and November to kick off a rate-cutting cycle. “We now believe that the FOMC will…
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Base Dawgz presale nears $3M with experts bullish on the new memecoin
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Traders are turning to Base Dawgz, a cross-chain memecoin. Its presale has raised over $2.7 million. As the crypto market teeters between fear and greed, traders turn to the new…
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Best online checking accounts for August 2024: our top 10 picks
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Finding the ideal checking account can feel similar to finding a needle in a haystack. Each competes for your business by offering extras, such as checking account bonuses or rewards points for certain activities. So, how do you narrow it down? We’ve done the research and have come up with…
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Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs By Reuters
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By Neil Mackenzie LONDON (Reuters) – Global investors’ appetite for more expensive multi-strategy hedge funds has declined, Goldman Sachs said in a report to clients seen by Reuters on Friday, even though more investors plan to add hedge funds to their portfolios. Goldman Sachs data from a survey of more…
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Worldcoin Under Fire Again: Unpacking The Latest Controversy
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Worldcoin, once a headline-grabbing cryptocurrency with its futuristic vision, is now at the center of turmoil. This time, it’s the struggles that are making the news, not the innovations. At the center of this storm is Sam Altman, of the cryptocurrency project OpenAI, as the project struggles to achieve its…
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Inflation dips to 46-month low on falling food, energy costs
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Kenya’s consumer prices rose at the slowest rate in 46 months in July, mainly due to lower average food and energy prices, official data showed. Inflation – a measure of the increase in the cost of goods and services compared to the previous year – fell to 4.3 percent from…
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Daily Broad Market Recap – August 1, 2024
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Just when August seemed to be off to a sluggish start, volatility in the financial markets reached a peak as the New York session approached. what happened after that? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: Australian import prices recovered 1.0% q-o-q…
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Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
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Lightning Projectsa Bitcoin venture capital firm, launched Thunder Sponsoreda regulated crowdfunding (Reg CF) portal, was launched at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate. Thunder Funder takes advantage of the…
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Retail Investors Can Now Invest in Bitcoin Startups with Thunder Funder
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Lightning Projectsa Bitcoin venture capital firm, launched Thunder Sponsoreda regulated crowdfunding (Reg CF) portal, was launched at the Bitcoin 2024 conference last week. The platform aims to democratize early-stage investing in Bitcoin and open-source startups by allowing both accredited and non-accredited investors to participate. Thunder Funder takes advantage of the…
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new tribunal ruling sheds light on HR and employment law risks
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BBC Director General Tim Davie faced tough questions over his handling of the Hugh Edwards investigation. Among the points raised by Culture Secretary Lisa Nandy were why Mr Edwards was not sacked when the BBC learned of his arrest and why he received a pay rise during this period. A…
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USD/JPY sinks more than 2 full cents after non-farm payrolls
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The USD/JPY pair fell by 217 pips on the day to reach 147.22. The dollar fell to 147.03 in the wake of the nonfarm payrolls report, compared with 149.00 just before the data was released. It is the lowest level since March and erases a big rally in the pair…
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Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5
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polygonal (MATIC) It recently broke the crucial support level at $0.5 and is at risk of further price declines. This price drop is due to many traders dumping their tokens as soon as Polygon reached this support level amidst the downtrend in The broader cryptocurrency market. Polygon is facing significant…
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Polygon Price Risks Plunge With 90 Million MATIC Tokens Selling At $0.5
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polygonal (MATIC) It recently broke the crucial support level at $0.5 and is at risk of further price declines. This price drop is due to many traders dumping their tokens as soon as Polygon reached this support level amidst the downtrend in The broader cryptocurrency market. Polygon is facing significant…