Author: Investor Empires

  • Dollar Edges Lower Following Biden’s Election Exit: Markets Wrap

    Breadcrumbs Path Links PMN Business The dollar fell in early Asian trade after Joe Biden ended his re-election campaign and endorsed Vice President Kamala Harris. The region’s stocks look set for a mixed start. Article author: Bloomberg News Matthew Burgess and Maria Elena Vizcaino Published on July 21, 2024 •…

  • Aviation summit opens amid jet shortages, supply chain turbulence By Reuters

    By Joe Brock and Tim Heffer FARNBOROUGH, England (Reuters) – Aviation leaders gather for a high-profile summit outside London on Monday as the industry struggles to cope with supply chain disruptions, aircraft delays and failed plans to cut carbon emissions. The Farnborough Airshow, which runs from July 22-26, a gathering…

  • WIF, HNT, CORE, and PEPE boast over 40% in weekly gains

    Dogwifhat, Helium, Core, and Pepe emerged as the biggest gainers in the cryptocurrency market over the past week, with each coin seeing a price increase of over 40%. Dogs Dogwifhat (WIF) has seen a surge of over 50% over the past seven days, trading at $2.56 at the time of…

  • Jerusalem Germany Colony house sold for NIS 32m

    The Templar House in the German Colony in Jerusalem, which was intended to be preserved, was sold for NIS 32 million. The house, located at the corner of Yitzhak Karmia Street and Yohanan Smuts Street, was purchased by a family that immigrated to Israel from the United States 10 years…

  • Trouble for China hedge funds? Reuters: Brace for upheaval from tough new rules

    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…

  • Buying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD

    Japanese investment firm Metaplanet has been on a massive bitcoin buying spree. Earlier this week, the firm announced it had added 21,877 bitcoins to its holdings, bringing its total holdings to 225,611 bitcoins. At the current price, the Tokyo-listed company now holds around $14.8 million worth of bitcoin. This investment…

  • Buying Bitcoin Paid Off for Metaplanet as Shares Jump Over 800% YTD

    Japanese investment firm Metaplanet has been on a massive bitcoin buying spree. Earlier this week, the firm announced it had added 21,877 bitcoins to its holdings, bringing its total holdings to 225,611 bitcoins. At the current price, the Tokyo-listed company now holds around $14.8 million worth of bitcoin. This investment…

  • Biden ends failing reelection campaign, backs Harris as nominee By Reuters

    By Jeff Mason, Garrett Renshaw, and Steve Holland REHOBOTH BEACH, Del. (Reuters) – U.S. President Joe Biden on Sunday abandoned his faltering re-election bid under growing pressure from fellow Democrats and endorsed Vice President Kamala Harris to replace him as the party’s nominee to face Republican Donald Trump in November’s…

  • Exclusive-Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs By Reuters

    By James Pomfret and Michael Martina HONG KONG/WASHINGTON (Reuters) – Semiconductors and other banned goods shipped through China and Hong Kong to fuel Russia’s war effort have fallen by a fifth this year, previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global hub for sanctions evasion.…

  • National Treasury Reserve Push Sparks $1 Million Projections

    There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…

  • National Treasury Reserve Push Sparks $1 Million Projections

    There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…

  • Stock investors are staring down a bearish trifecta that could spark a 12% market drop by October, strategist says

    Stocks could see a double-dip correction over the next three months, according to a veteran strategist.Getty Images; Jenny Chang Rodriguez/PA Bill Blaine said stock markets could see a double-digit decline by the fall amid a host of headwinds. The veteran strategist said stocks are overvalued and face risks from rising…

  • Early Monday FX rates – 22 July 2024 – US dollar little changed after Biden pulls out

    I’ve posted the very early interest rates here: Opening levels Monday morning, indicative exchange rates July 22, 2024, little changed from late Friday Now updating with Sunday’s big political news from the US, Biden has withdrawn from the presidential election: It’s finally Gopher. It’s still very early here in Asia,…

  • ORDI Soars 26% On Solid 7-Day Run

    Ordinal coins are a relatively new innovation in the crypto space, but ORDI, the cryptocurrency that bears the name of the ordinal coins, has become a bear market. According to the latest market data provided by CoinCodex, the token’s value has dropped by almost 5% over the past 24 hours…

  • Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)

    yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…

  • Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)

    yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…

  • Investors react to Biden pulling out of presidential race By Reuters

    NEW YORK (Reuters) – U.S. President Joe Biden ended his re-election campaign on Sunday after fellow Democrats lost confidence in his intelligence and ability to defeat Donald Trump, leaving the presidential race in uncharted territory. Here are the investors’ comments: David Wagner, Portfolio Manager, APTUS CAPITAL ADVISORS LLC, Fairhope, Alabama:…

  • How To Mine Cryptocurrency: A Step-by-Step Beginner’s Guide

    In the rapidly evolving digital landscape, the quest for understanding how to mine cryptocurrency has become increasingly significant. Cryptocurrency mining, the backbone of blockchain security, plays a pivotal role in verifying transactions and adding them to the public ledger. This process is not only central to the maintenance of the…

  • Joe Biden drops out of re-election race, backs Harris to replace him on ticket

    President Biden said Sunday he will withdraw from his position as the presumptive Democratic nominee after weeks of criticism following a poor debate performance and a rebellion by prominent Democratic donors. in Message posted On his X account, Biden reviewed his accomplishments while in office, and said he would address…

  • It’s finally Joever | Forexlive

    Amnesty International Image The decision had been coming for a few weeks already, and Biden has now made it official. There was a sense that he could have stayed in office until the Democratic National Convention in August. But unfortunately, a sense of realism finally took hold of Biden and…