Author: Investor Empires
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DIRTT Announces Debenture Repurchase, Enters into Support Agreement and Amends Shareholder Rights Plan
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Aug 02, 2024 • 12 minute…
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Chevron reports Q2 earnings miss on weak refining margins By Reuters
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Written by Sabrina Valli and Merinalika Roy (Reuters) – Chevron Corp on Friday reported second-quarter earnings that missed Wall Street estimates due to industry-wide pressure from lower refining margins and prices, sending its shares down 1.5 percent in premarket trading. The company had earlier warned that oil production would decline…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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Bybit To Exit France Market Due To EU Crypto Regulations
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Image source: cryptoslate Bybita cryptocurrency exchange, Advertise Bitcoin has announced its decision to withdraw from the French market, citing recent regulatory developments. The move comes as the European Union prepares to implement its comprehensive framework for markets in crypto-assets (MiCA), which is set to reshape the industry and set rules…
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US antitrust probe endangers Nvidia – Run:ai deal – report
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The US Department of Justice is conducting an antitrust investigation into US AI chip giant Nvidia Corp.’s acquisition of an Israeli AI infrastructure management company. Run: You haveIn fact, the investigation is jeopardizing the completion of the $700 million acquisition, Politico and the Financial Times reported. Tel Aviv-based Run:ai, founded…
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Dollar falls as data points to economic slowdown; sterling weak By Investing.com
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Investing.com – The U.S. dollar fell in early European trade on Friday after weak data fueled concerns of a sharp slowdown in the world’s largest economy, which could prompt the Federal Reserve to ease monetary policy significantly. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…
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India’s Enforcement Directorate cracks down on $890k Emoillent crypto scam
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India’s law enforcement agency has launched a manhunt against the founders of Emoillent Coin, a dubious cryptocurrency that promised investors lucrative returns. Reports from local media He claims 2,508 investors in India have lost a total of Rs 7,343,6267 (around $890,000) in hopes of making profits from the cryptocurrency hype.…
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JPMorgan cuts Booking Holdings shares target, cites slower bookings growth By Investing.com
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On Friday, JPMorgan Chase revised its price target on Booking Holdings Inc. (NASDAQ:BKNG) shares to $3,860, down from $4,025, while maintaining an “overweight” rating on the stock. The company’s analysis cited a mix of results from the company’s second-quarter performance and future expectations. Booking Holdings reported a 7% year-over-year increase…
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JPMorgan cuts Booking Holdings shares target, cites slower bookings growth By Investing.com
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On Friday, JPMorgan Chase revised its price target on Booking Holdings Inc. (NASDAQ:BKNG) shares to $3,860, down from $4,025, while maintaining an “overweight” rating on the stock. The company’s analysis cited a mix of results from the company’s second-quarter performance and future expectations. Booking Holdings reported a 7% year-over-year increase…
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Chart Art: S&P 500 Index (SP500) Head and Shoulders Pattern
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Are US stocks due for a major sell-off soon? It is best to watch this reversal pattern forming on the four-hour chart of the S&P 500. S&P 500 (SP500) 4-hour chart Chart by TradingView U.S. stock markets appear to still be feeling the brunt of the tech sector sell-off, as…
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MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
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Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…
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MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
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Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…
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CrowdStrike Crashed More than 30% — 2 Reasons to Buy the Stock and 1 Reason to Sell
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Last month, Crowd Strike (NASDAQ: CRWD) Microsoft Corp. has faced one of the biggest nightmares for tech companies: The cybersecurity giant released a flawed software update that shut down operations for customers around the world, in what experts are calling the largest IT outage in history. Companies faced blue screens…
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What are the distribution of forecasts for the US NFP?
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Why is it important? In the Asian session, Eamonn published the range of estimates for today’s US non-farm payrolls report. These ranges are important in terms of market reaction because when actual data deviates from expectations, it creates a surprise effect. Another important input into market reaction is the spread…
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XRP Price Won’t Skyrocket After Ripple-SEC Ruling: Crypto Pundit
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As the XRP lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) nears a resolution — the final ruling at the district court level — the crypto community is abuzz with speculation about the potential ramifications for XRP’s price. Notably, prominent crypto expert Rachel Renee expressed a…
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XRP Price Won’t Skyrocket After Ripple-SEC Ruling: Crypto Pundit
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As the XRP lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) nears a resolution — the final ruling at the district court level — the crypto community is abuzz with speculation about the potential ramifications for XRP’s price. Notably, prominent crypto expert Rachel Renee expressed a…
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Arc Resources GAAP EPS of C$0.40; reaffirms FY24 outlook
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Arc Resources (OTCPK:AETUF) Press Release: Q2 GAAP EPS of $0.40 CAD. ARC achieved production in the second quarter of 2024 of 330,046 barrels of oil equivalent per day (65% natural gas and 35% crude oil and liquids), in line with the high end of the second quarter production guidance range…
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Tesla registers insurance brokerage in China, national corporate database shows By Reuters
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BEIJING (Reuters) – Tesla Inc registered an insurance brokerage firm in China in late July, according to a national enterprise information database, in a sign the U.S. automaker may be trying again to win approval to sell insurance products in the country. The new company, located in Beijing’s central business…
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Bitcoin Price Drops To $62k As Crypto Market Mirrors Stocks
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The cryptocurrency market has seen a major decline, with Bitcoin today falling to its lowest level since mid-July, falling to nearly $62,000. The sharp decline mirrored a broader sell-off in the stock market, as investors reacted to the latest economic data and geopolitical tensions in the Middle East. Bloodbath in…