Author: Investor Empires
-
Japan chief cabinet secretary Hayashi says equity prices are determined in the market
•
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…
-
Japan chief cabinet secretary Hayashi says equity prices are determined in the market
•
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…
-
Analyst Reveals The Shiba Inu Price If Bitcoin Reaches $3 Million Per Coin
•
Cryptocurrency analyst reveals new price target for Shiba Inu (SHIB) Price, Second Largest Meme Coin by Market CapWhile the analyst highlighted the massive growth potential of Shiba Inu, he placed an important condition on his ambitious price predictions, stating that if Bitcoin hits $3 million per coin, SHIB could soar…
-
Intel’s Sales Slump Shows Price of Falling Behind in AI Race
•
(Bloomberg) — Intel Corp. shares fell more than 19% after delivering a slew of dizzying news, including a bleak growth outlook and plans to cut 15,000 jobs, in the latest sign the chipmaker is ill-equipped to compete in the age of artificial intelligence. Most Read from Bloomberg The company said…
-
Tesla sued by family of motorcyclist killed in Autopilot crash By Reuters
•
Written by Hyunjoo Jin SAN FRANCISCO (Reuters) – The parents of a motorcyclist killed in a 2022 crash with a Tesla Model 3 on Autopilot in Utah have sued the electric car maker and the car’s driver, alleging that its driver assistance software and other safety features were “defective and…
-
Michael Saylor’s MicroStrategy Bought 169 Bitcoin For $11.4 Million In July
•
MicroStrategy Incorporated (Nasdaq: MSTR) announced its second-quarter 2024 financial results, revealing an increase in its bitcoin holdings. The company acquired 12,222 bitcoins since the start of the quarter, at an average price of $65,882 per bitcoin, bringing its total holdings to 226,500 bitcoins, purchased for $8.3 billion at an average…
-
Michael Saylor’s MicroStrategy Bought 169 Bitcoin For $11.4 Million In July
•
MicroStrategy Incorporated (Nasdaq: MSTR) announced its second-quarter 2024 financial results, revealing an increase in its bitcoin holdings. The company acquired 12,222 bitcoins since the start of the quarter, at an average price of $65,882 per bitcoin, bringing its total holdings to 226,500 bitcoins, purchased for $8.3 billion at an average…
-
Amazon’s Jassy sees ‘huge potential’ in AWS as genAI ‘going to get big fast’ (AMZN)
•
Amazon (NASDAQ:AMZNMixed second-quarter results coupled with weak guidance may have spooked investors and sent shares sharply lower after-hours, but the growth potential of Amazon Web Services, or AWS, and the company’s intention to capitalize on remaining earnings Increasing market share in cloud computing should encourage investors. “Amazon had a decent…
-
ICYMI – the J.P. Morgan Global Manufacturing PMI fell to 49.7 in July from 50.8 in June
•
The latest JPM Global Manufacturing PMI was released on Thursday, falling below 50 in July, indicating a return to contraction. JPMorgan’s global manufacturing PMI fell to 49.7 in July from 50.8 in June. First contraction in 2024 so far, ending 6-month expansion streak Output growth slowed sharply, and new orders…
-
Intel slashes 18,000 jobs and suspends dividend to better compete with chip rivals Nvidia and AMD
•
West Virginia Governor Jim Justice, a Republican candidate for U.S. Senate, is fighting to keep his iconic Greenbrier Hotel. A legal notice announcing the auction of the luxury resort near White Sulphur Springs over unpaid debts was published in the West Virginia Daily News on Wednesday — the latest development…
-
US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports By Reuters
•
(Reuters) – The U.S. Justice Department is investigating chip giant Nvidia Corp’s acquisition of artificial intelligence startup Run:ai on antitrust grounds, Politico reported on Thursday, citing five people with direct knowledge of the matter. Nvidia announced its acquisition of the Israeli company in April for about $700 million, according to…
-
Bitcoin down 10% since end of July 29, DOW also slips
•
Bitcoin showed its correlation with traditional markets on August 1, as the cryptocurrency fell alongside stocks and market indices. Bitcoin (BTC) has fallen more than 10% since July 29, when the cryptocurrency surged toward $70,000 and hit a two-month high after Donald Trump’s remarks in Nashville. As of this writing,…
-
CMA clears three more firms to trade at Nairobi coffee auction
•
The Capital Markets Authority has granted full coffee brokerage licenses to three companies, allowing them to trade on the Nairobi Coffee Exchange (NCE). The regulator also granted a six-month extension to a special licence allowing New Kenya Planters Co-operative Union Plc (NKPCU) to trade as a coffee broker. The special…
-
Commerzbank hint at the potential for more Japanese intervention to support the yen
•
Justin gives us the latest from the Bank of Japan: And through an excerpt from Commerzbank, analysts there also see the Bank of Japan adopting a stance that favors further interest rate hikes, thus supporting the yen: The Bank of Japan does not expect its policy path to significantly reduce…
-
Commerzbank hint at the potential for more Japanese intervention to support the yen
•
Justin gives us the latest from the Bank of Japan: And through an excerpt from Commerzbank, analysts there also see the Bank of Japan adopting a stance that favors further interest rate hikes, thus supporting the yen: The Bank of Japan does not expect its policy path to significantly reduce…
-
XRP Beats Out Bitcoin, Ethereum, And Dogecoin In July, What Happened?
•
July was a month of intense competition, with leading coins like Bitcoin, Ethereum, XRP, and Dogecoin vying for dominance. Amidst this struggle, an unexpected victor emerged, as the price of XRP managed to outperform its beloved peers to become the best performer among the top 10 cryptocurrencies by market cap.…
-
Prince’s Trust warns of ‘digital skills crisis’ as over third of young people lack confidence in securing tech jobs
•
The Prince’s Trust, in collaboration with Solutions Research and supported by Cognizant, has released a new report highlighting the growing ‘digital skills crisis’ among young people in the UK. According to the findings, more than a third of young people (37%) are concerned that they lack the digital skills needed…
-
Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs By Reuters
•
(Reuters) – Bleach maker Clorox Co forecast annual profit to beat estimates after beating fourth-quarter earnings on Thursday, helped by back-to-back price increases in home care products and reduced input costs that improved margins. Demand for the company’s cleaning products such as floor cleaners and disinfectant sprays improved as consumers…