Author: Investor Empires
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Stock Market News Today: Markets post worst week since mid-April (SP500)
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Wall Street on Friday posted its worst week since mid-April, as the exodus from technology stocks continued over the past few days, sparked by Thursday’s consumer inflation report. The technology-heavy Nasdaq Composite Index (Compound: Indian) I recorded the first three days A losing streak since June 24, Decrease by 0.81%…
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U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports By Reuters
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(Reuters) – The U.S. Federal Trade Commission is investigating executives from major oil companies, including Hess Company U.S. energy companies Occidental Petroleum Corp. (NYSE:O) and Diamondback Energy Inc. (NASDAQ:D) will be investigated over their contacts with OPEC officials, Bloomberg News reported on Friday, citing people familiar with the matter. The…
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J.D. Vance’s Venmo shows ties to group behind Project 2025
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In recent years, public government officials’ Venmo accounts have brought a string of embarrassing news stories to a member of Congress, a Supreme Court justice, and even the current president of the United States. But despite these cautionary tales, Republican vice presidential candidate J.D. Vance has become the latest politician…
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Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
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GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
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Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
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GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
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Bitcoin Rockets To $66,400, Triggering $131 Million In Liquidations
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Bitcoin jumped above $66,000 on Friday, reclaiming its highest market value since early June. The digital asset’s value rose from $64,102 at 13:27 UTC on Thursday to $66,472 at 17:00 UTC. It is trading at $66,332 at the time of writing. This is the highest price Bitcoin has reached since…
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Bitcoin Rockets To $66,400, Triggering $131 Million In Liquidations
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Bitcoin jumped above $66,000 on Friday, reclaiming its highest market value since early June. The digital asset’s value rose from $64,102 at 13:27 UTC on Thursday to $66,472 at 17:00 UTC. It is trading at $66,332 at the time of writing. This is the highest price Bitcoin has reached since…
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Safaricom records highest ever data traffic for streaming Euro finals
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Safaricom reported record data traffic on Sunday, at the height of the finals of two major continental tournaments in Europe and America – with many Kenyans opting to live stream matches on mobile phones and tablets. The telecom company’s disclosures indicate that data traffic flowing through its network during the…
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Westwater secures offtake agreement, eyes debt financing By Investing.com
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Westwater Resources Inc. (NYSE American: NYSE:) has announced a significant milestone in its latest earnings call, securing a second multi-year offtake agreement with Fiat Chrysler Automobiles (FCA), part of Stellantis (NYSE:) Group, for the sale of Coated Spherical Purified Graphite (CSPG) from its Kellyton Graphite Plant. This agreement ensures that…
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HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status
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HMRC has collected an extra £14.4m in tax from insolvency cases over the two tax years to 2023 since regaining its “preferential creditor” status. The preferential status known as “coronavirus preference” was reinstated for HMRC in December 2020, giving it priority in recovering tax owed from insolvent businesses ahead of…
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Stocks move to new lows. Crowdstrike down -10.66%. Musk says “We just deleted Crowdstrike”
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Crowdstrike pushed an update overnight that crashed Microsoft products and subsequently many companies. I’m still having some issues with my tech. Crowdstrike shares are down -10.60% at $306.40. At least the stock is down from its low of $290.10. Meanwhile, major indices moved to new lows on the current hourly…
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Golf and Bitcoin: The Greatest Games
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“Golf is deceptively simple and infinitely complex; it satisfies the soul and frustrates the mind. It is at once rewarding and maddening – and it is without a doubt the greatest game ever invented by man.” – Arnold Palmer This quote from one of golf’s greatest players is reminiscent of…
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Golf and Bitcoin: The Greatest Games
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“Golf is deceptively simple and infinitely complex; it satisfies the soul and frustrates the mind. It is at once rewarding and maddening – and it is without a doubt the greatest game ever invented by man.” – Arnold Palmer This quote from one of golf’s greatest players is reminiscent of…
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MediWound raises $25m, acquisition still possible
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Israeli biopharmaceutical company Midwind MDWD (Nasdaq: MDWD), a developer of products for the treatment of burns and wounds, announced that it has raised $25 million in a private placement led by Swedish company Mölnlycke Health Care, a global leader in wound care. Over the past few weeks, MediWound’s stock price…
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Oracle reaches $115 million consumer privacy settlement By Reuters
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By Jonathan Stempel (Reuters) – Oracle Corp has agreed to pay $115 million to settle a lawsuit accusing the database and cloud computing software company of invading people’s privacy by collecting their personal information and selling it to third parties. A preliminary settlement of the proposed class action lawsuit was…
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Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next
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One market strategist stated that Bitcoin (BTC)The world’s largest cryptocurrency, finally It ended its downtrend.According to the strategist, Bitcoin may head towards a new price target, driven by a positive shift in its market value. Bitcoin’s downtrend is over Cryptocurrency analyst identified as ‘Rekt Capital’ on X (formerly Twitter) Advertise…
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NANO Nuclear Energy Signs Memorandum of Understanding with Everstar AI to Leverage its Suite of New AI Tools to Modernize the Nuclear Regulatory & Licensing Process
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Everstar’s AI-powered services have the potential to save significant time and resources by transforming the way licensing and regulatory processes are handled. NEW YORK, N.Y., July 19, 2024 (GLOBE NEWSWIRE) — Nano Nuclear Energy, Inc. (Nasdaq: NNE) (Nano Nuclear Energy), announced today that it has Everstar Nuclear Energy, a vertically…