Author: Investor Empires
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US SEC approves first spot ether ETFs to start trading Tuesday (July 23, 2024)
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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…
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Biden dropping out presents ‘another curveball’ for stocks
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President Biden announced Sunday that he will not seek re-election in November, increasing uncertainty about who will take over the White House in 2025. Stocks appeared to shrug off election concerns, with the S&P 500 rising more than 1% on Monday. Investors also gained clarity on the state of the…
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SAP Q2 results top estimates as ongoing cloud demand boosts revenue By Investing.com
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SAP on Monday reported fiscal second-quarter results that beat Wall Street estimates as continued demand for its cloud services boosted performance. SAP SE ADR (NYSE:) shares rose about 4% in after-market trading following the news. For the three months ended June 30, SAP’s adjusted earnings were 1.10 euros per share…
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IOG Unveils Explosive Growth In Key Metrics
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In a recent weekly report from Input Output Global (IOG), the engineering development company behind Cardano (ADA), a significant growth was recorded for Blockchain The report highlights notable achievements in total value locked (TVL), transactions, and the growing number of projects being built on the network. The thriving Cardano ecosystem…
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Earnings growth expectations ‘too aggressive’ for Q2 – JPM (S&P Complete Indices:SP500)
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Microstock Hub Analysts at JPMorgan said the consensus earnings forecast was too aggressive. With more than 60% of the market capitalization of the S&P 500 and STOXX 600 set to report in the next two weeks, earnings growth momentum is The global economy is expected to rebound, but the outlook…
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CNN: Schumer and Jeffries to endorse Harris as soon as today
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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…
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CNN: Schumer and Jeffries to endorse Harris as soon as today
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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…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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BTC Bulls Eye $70K But is a Correction Coming Before That?
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Bitcoin price has seen a sharp rise over the past two weeks, heading towards a new record high. Technical Analysis by Anger trading Daily chart On the daily time frame, BTC price has been rising since bouncing off the $56k support level and the 200-day moving average. The market has…
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Elon Musk and Vinod Khosla spar about Trump after Biden drops out
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The battle for Silicon Valley’s political soul — and donations — is back in full swing after President Joe Biden announced Sunday that he is dropping out of the 2024 presidential race. It didn’t take long for the world to hear about his withdrawal from the 2024 presidential race. Richer…
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Wall St bounces back after sell-off as Biden exit takes center stage By Reuters
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By Ankika Biswas, Shubham Batra and Lisa Pauline Mattakal (Reuters) – U.S. and Australian stocks recovered some of the previous week’s losses on Monday, as investors reconsidered Republican candidate Donald Trump’s chances of winning a second presidential term after U.S. President Joe Biden dropped out of the race. Biden announced…
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Ripple CEO Says SEC Lawsuit Is Almost At Its Ends, Here’s The Next Important Date
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Ripple CEO Brad Garlinghouse Recently commented on US Securities and Exchange Commission (SEC) A long-running legal battle against his company. This comes amid recent developments that suggest the case may soon be over. SEC Lawsuit Against Ripple Could End ‘Very Soon’ Garlinghouse stated during interview With Bloomberg that SEC Case…
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Ripple CEO Says SEC Lawsuit Is Almost At Its Ends, Here’s The Next Important Date
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Ripple CEO Brad Garlinghouse Recently commented on US Securities and Exchange Commission (SEC) A long-running legal battle against his company. This comes amid recent developments that suggest the case may soon be over. SEC Lawsuit Against Ripple Could End ‘Very Soon’ Garlinghouse stated during interview With Bloomberg that SEC Case…
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EAC, Comesa, Sadc merger into seamless market begins Thursday
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At least 14 countries will begin trading freely within East, Central and Southern Africa from Thursday, July 25, after ratifying the Tripartite Free Trade Area (TFTA) agreement that unites the East African Community (EAC), the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA)…
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USDJPY touches 100-hour MA target at 157.16, time for sellers to act
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In the introductory video, I explained how if the USD/JPY pair continues to move higher, the 100-hour moving average needs to hold resistance. Looking at the price action on Friday and again today, the highs and lows ignored the moving average line. With today’s decline, more selling momentum was found.…
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The King’s Speech – What is next for employment law?
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In the King’s Speech on 17 July 2024, the new Labour government set out its legislative agenda for the next few months. Labour law reform was a key plank of Labour’s election campaign, so it is no surprise that it was mentioned in the King’s Speech: “My government is committed…
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France urges Europe to step up work on faster stock market settlements By Reuters
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PARIS (Reuters) – The Bank of France and the country’s financial markets regulator urged Europe on Monday to step up work on halving the time it takes to settle stock trades, allowing Europe to catch up with Wall Street. The joint statement from the Bank of France and the securities…