Author: Investor Empires
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ProtonMail Maker Proton Is Launching Its Own Bitcoin Wallet
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protonthe Swiss technology company that makes online privacy tools like ProtonMail and ProtonVPN, is launching Proton WalletSelf-custodial Bitcoin wallet. This new product will be integrated with ProtonMail and will allow users to send Bitcoin as easily as they send email. “Bitcoin’s value to society has been impacted by transaction difficulty…
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Thermo Fisher lifts profit forecast as biotech demand shows signs of improvement By Reuters
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(Reuters) – Thermo Fisher Scientific Inc (NYSE: ) on Wednesday raised its annual earnings forecast and reported better-than-expected second-quarter profit, citing improved demand for its instruments and services used in clinical trials. Contract drugmakers saw spending cutbacks from their biotech clients in 2023 amid rising interest rates. The public funding…
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Political storms won’t curb military spending boom, defence firms say By Reuters
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By Joe Brock and Joanna Ploczynska FARNBOROUGH, England (Reuters) – Defence companies are confident that Western governments will continue to boost arms spending to counter Russia and China, shrugging off concerns that political turmoil in the United States and Europe could curb military budgets. Global defence spending hit a record…
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Ethereum Flatlines Following Spot ETF Day 1: Full Recap
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The long-awaited launch of several Ethereum-based ETFs failed to spark a major rally in the price of Ethereum. Despite the “nascent” ETFs’ high trading volumes and large inflows on their first day, Grayscale’s outflows were massive (again) to push the price of Ether higher. Ethereum ETFs Start Strong, But Grayscale……
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Big Tech earnings wont be make or break for the stock market: Morning Brief
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This is what I took away from today’s morning briefing, which you can subscription To be delivered to your inbox every morning with: Tesla (TSLA) and Alphabet (GOOGL) kicked off Tuesday’s big tech earnings season with mixed results. Both were down in after-hours trading. But for all the concern about…
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Dollar edges higher, euro slips after weak PMI data By Investing.com
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Investing.com – The U.S. dollar edged higher on Wednesday, while the euro fell after disappointing euro zone activity data pointed to more interest rate cuts by the European Central Bank in the future. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six…
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A Crypto-Friendly Presidency In The Making? Find Out What Mark Cuban Thinks
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Copyright: Shutterstock The worlds of politics and technology often intertwine, and Kamala Harris’ potential presidency has generated a lot of interest within the cryptocurrency and artificial intelligence communities. Billionaire investor Mark CubanDavid Harris, known for his insight and involvement in the technology sector, believes that a Harris-led administration could herald…
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A Crypto-Friendly Presidency In The Making? Find Out What Mark Cuban Thinks
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Copyright: Shutterstock The worlds of politics and technology often intertwine, and Kamala Harris’ potential presidency has generated a lot of interest within the cryptocurrency and artificial intelligence communities. Billionaire investor Mark CubanDavid Harris, known for his insight and involvement in the technology sector, believes that a Harris-led administration could herald…
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UK’s flash composite PMI reading at 52.7 in July
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Joseph Clark The seasonally adjusted global PMI for the UK rose from 52.3 in June to 52.7 in July, slightly higher than 52.6. The services PMI came in at 52.4, up from 52.1 in June, its highest level in two months. flash The manufacturing PMI came in at 51.8, up…
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Chart Art: Bitcoin’s (BTC/USD) Trend Pullback Opportunity
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As we reported in today’s broad daily market summary, the U.S. Securities and Exchange Commission has approved six ETFs for Bitcoin (ETH), and they are set to begin trading as early as Tuesday. It is no surprise that Bitcoin is facing some downward pressure as traders consider the possibility of…
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MEW surges 16%, becomes top gainer in crypto market today
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MEW, the Solana-based coin known as the “cat in the dog world,” has seen a significant surge of over 16% in the past 24 hours, making it the biggest gainer among cryptocurrencies on July 24. At the time of writing, the cat-themed coin MEW is still up 11%, trading at…
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Jaguar Land Rover is the world’s best electric racing team. Here’s how that will shape its EVs
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Jaguar TCS claimed its first Formula E team title on Sunday at London’s unique ExCel Centre indoor/outdoor track, marking the culmination of more than eight years of work since the carmaker first bet on electric racing. The win was bittersweet for the Coventry-based luxury carmaker, with New Zealanders Nick Cassidy…
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Eurozone July flash services PMI 51.9 vs 53.0 expected
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Previous 52.8 Manufacturing PMI 45.6 vs. 46.1 expected Previous 45.8 Composite PMI 50.1 vs. 51.1 expected Previous 50.9 Eurozone economic growth stalled in July, as growth in services activity slowed and manufacturing conditions continued to slacken. The first reading was four months lower and the second reading was a seven-month…
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Ethereum ETFs Will Lead “All Of The Altcoins To Wall Street”
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The cryptocurrency industry seems to be excited and optimistic after the final approval of Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). As investors await the official launch of the investment product, many have been discussing the implications of today’s official launch. American entrepreneur Anthony Pompliano…
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Ethereum ETFs Will Lead “All Of The Altcoins To Wall Street”
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The cryptocurrency industry seems to be excited and optimistic after the final approval of Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). As investors await the official launch of the investment product, many have been discussing the implications of today’s official launch. American entrepreneur Anthony Pompliano…
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Expats in Kenya wire out record Sh87 billion
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Expatriates living and working in Kenya sent a record Sh86.99 billion back to their home countries in the year ending December 2023, data has shown, underscoring the improving wealth of foreigners in the country. The amount – equivalent to Sh7.25 billion monthly – represents a 24.3 percent increase from the…
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Deutsche Bank Q2 beats estimates, RBC maintains “outperform” despite headwinds By Investing.com
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Investment.com – German Bank DBK (ETR:) reported a positive set of second-quarter results that beat analysts’ expectations for net income and pre-tax earnings, according to a report from RBC Capital Markets. The upbeat performance was driven by strong revenue growth across all business divisions. Strong revenue growth across core businesses:…
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Huw Edwards Becomes Third-Highest BBC Earner Despite Suspension
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Hugh Edwards emerged as the BBC’s highest-paid journalist last year, earning £480,000 despite being suspended for nine months. The annual report reveals that Edwards received a £40,000 pay rise, making him the corporation’s third-highest-paid journalist. Edwards was suspended in July 2023 over allegations he paid a young man for explicit…
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Huw Edwards Becomes Third-Highest BBC Earner Despite Suspension
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Hugh Edwards emerged as the BBC’s highest-paid journalist last year, earning £480,000 despite being suspended for nine months. The annual report reveals that Edwards received a £40,000 pay rise, making him the corporation’s third-highest-paid journalist. Edwards was suspended in July 2023 over allegations he paid a young man for explicit…