Author: Investor Empires

  • Ripple CLO Alderoty Donates $300,000 In XRP To Donald Trump

    Ripple Labs’ chief legal officer, Stuart Alderotti, has donated $300,000 worth of XRP to Donald Trump’s presidential campaign, according to CNBC. a reportThe donation was made on June 11, 2024, and only became public yesterday. Notably, Aldroti recently attended a fundraising event for Trump hosted by investor David Sachs in…

  • US Accuses Famed Short-Seller Andrew Left of Securities Fraud

    (Bloomberg) — U.S. authorities have charged famed short seller Andrew Left with committing fraud through stock trades, social media posts and research reports — their biggest move yet in a yearslong campaign against traders who promote their bearish bets. Most Read from Bloomberg The Securities and Exchange Commission on Friday…

  • Iveco Group reports solid Q2 despite challenges By Investing.com

    In its 2024 second-quarter earnings call, Iveco Group showcased consistent improvements in profitability across all business units, with an adjusted EBIT margin for industrial activities reaching 6.9%. Despite facing a temporary setback in net working capital and a slight decrease in financial performance compared to the previous year, the company…

  • Introducing LEDGER FLEX: Announced Live at B24

    Paris and Nashville, Tennessee | Ledger, the global leader in digital asset security for consumers and businesses, today launched Ledger Flex for sale, the second new product to launch in 2024. Previously released during Ledger’s 10th anniversary year, Ledger Flex and Ledger Stax mark the beginning of a new generation…

  • Introducing LEDGER FLEX: Announced Live at B24

    Paris and Nashville, Tennessee | Ledger, the global leader in digital asset security for consumers and businesses, today launched Ledger Flex for sale, the second new product to launch in 2024. Previously released during Ledger’s 10th anniversary year, Ledger Flex and Ledger Stax mark the beginning of a new generation…

  • Bears see Mag 7’s S&P dominance as ‘one bad payroll away from cracking’: Bank of America

    Adam Smigelski The Magnificent 7 tech giants’ significant impact on the S&P 500 (SP500) could stem from a significant slowdown in U.S. economic activity, Bank of America said. Nasdaq 100 (NDX) and other technology stock indexes (COMP:IND)) (Q Q Q) fell this month as investors moved into small-cap stocks.Rty Way)…

  • USDCHF bounces as flight to safety flows abate. What levels are in play going forward?

    The USD/CHF pair has been falling this week on safety-seeking flows following a strong sell-off in equity markets. The drop has taken the price back below its 200-day moving average near 0.8883, and the 38.2% retracement of the upside move from the December low is also at this level. Further…

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…

  • Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

    Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…

  • Bill Ackman’s own hedge fund is asking investors to ignore what he says 

    It’s not every day that a company asks shareholders to disavow any comment made by its parent company’s largest shareholder and its chief executive. But that’s exactly what Pershing Square USA Ltd. did on Thursday when it blamed Wall Street speculator Bill Ackman. In a letter marketing his new closed-end…

  • US judge blocks latest version of labor department’s fiduciary rule By Reuters

    By Tom Hales WILMINGTON, Del. (Reuters) – A U.S. judge has blocked enforcement of a Labor Department rule that would have expanded the types of retirement advisers considered trustees, finding the rule arbitrary and in conflict with the law governing retirement plans. The rule was unveiled in April as the…

  • Coinbase UK Subsidiary Penalized £3.5 Million For Breaching Anti-Financial Crime Agreement

    The cryptocurrency world has seen its fair share of regulatory challenges, with the latest episode involving the UK arm of prominent cryptocurrency exchange, Coinbase. The Financial Conduct Authority (FCA), the UK’s financial regulator, has imposed hefty fees on A fine of £3.5 million ($4.5 million) CB Payments Limited (CBPL), a…

  • Traders on edge as KRA goes for unpaid old taxes

    The Kenya Revenue Authority has sent letters to dozens of businesses notifying them of overdue VAT balances accumulated before the introduction of iTax in 2014, which could hit those unable to provide proof of payment with invoices running into millions of shillings. Most of the balances date back more than…

  • European shares bounce back. Mixed performance for the week.

    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…

  • Cosmos Hub proposes transfer of 1m ATOM to liquidity protocol Hydro

    Cosmos Hub has submitted a governance proposal seeking community approval to move 1 million ATOM to the Hydro liquidity protocol. the The platform said On July 26, the Cosmos Hub (ATOM) project was launched.The opposition was posted on the community forum. If the community approves the plan, Cosmos Hub will…

  • Cosmos Hub proposes transfer of 1m ATOM to liquidity protocol Hydro

    Cosmos Hub has submitted a governance proposal seeking community approval to move 1 million ATOM to the Hydro liquidity protocol. the The platform said On July 26, the Cosmos Hub (ATOM) project was launched.The opposition was posted on the community forum. If the community approves the plan, Cosmos Hub will…

  • Intergenerational Learning is Key for Building a Skilled and Engaged Workforce

    For the first time, organizations have access to a workforce that spans five generations, with baby boomers working alongside Gen Z. While this may pose some challenges, there is a great opportunity to benefit from intergenerational learning, embracing different views, knowledge and experiences. Traditionally, mentoring and learning have been viewed…

  • Google to blame for slower YouTube speeds in Russia, says senior lawmaker By Reuters

    YouTube’s speed in Russia will drop sharply on desktop computers because of Google’s failure to update its equipment in Russia and its refusal to lift a ban on Russian media channels, a senior lawmaker close to the authorities said on Friday. Russia has criticized Alphabet Inc’s Google for removing YouTube…

  • Research Firm Says Wall Street Doesn’t Understand Ethereum As Outflows Plague Spot ETFs

    the Ethereum ETFs The start was not entirely ideal, as these funds saw mixed inflows in their first three days of trading. Cryptocurrency research firm 10x Research He provided some answers as to why. Institutional Investors They are not very excited about this money. Wall Street Doesn’t Fully Understand ETH…

  • Umbra Companies, Inc. (Symbol: UCIX) Making Great Strides with Prestigious Real Estate Development Project in Montgomery, AL

    Article Content GREENWOOD VILLAGE, Colo., July 26, 2024 (GLOBE NEWSWIRE) — Umbra Companies, LLC (UCIX) is proud to announce significant progress on its prestigious real estate development project in Montgomery, Alabama. Located in the Monticello neighborhood, the project features a 4,700-square-foot luxury home on a half-acre lot with a pool,…