Author: Investor Empires
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Two risks to the AI tech rally By Investing.com
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Yardeni Research analysts have raised concerns about the continued rise of AI technology, identifying two key risks that could hamper the sector’s massive growth. While AI promises to revolutionize industries, there are signs of “AI hyperinflation” that warrant caution. First, the unprecedented influx of money into AI startups is a…
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Aims To Reclaim $0.50 After Plunge
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The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
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Aims To Reclaim $0.50 After Plunge
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The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
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Argentina’s Milei to speak at right-wing Bolsonaro rally in Brazil By Reuters
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Written by Anderson Coelho BALANEIO CAMBORIU, Brazil (Reuters) – Argentine President Javier Milei is set to address a right-wing event in Brazil on Sunday after meeting conservative politicians in the country, potentially straining relations between the neighbors. On Saturday, Milei arrived at the Balneario Camboriu beach resort in southern Brazil,…
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Nvidia gets a rare downgrade By Investing.com
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Here’s a professional summary of the most important things Wall Street analysts have said over the past week, including a rare downgrade of Nvidia (NASDAQ:) stock. InvestingPro subscribers always get priority when it comes to market-moving rating changes. Intercontinental Exchange (NYSE:) What happened? On Monday, Goldman Sachs upgraded Intercontinental Exchange…
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Ethereum, Solana dominate, CryptoPunks lead the pack
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In the week ending July 6, the NFT market finally hit a green patch, with impressive sales volumes across the Ethereum (ETH) and Solana (SOL) blockchains. Here’s a detailed look at the week’s top performers and trends. Top 5 Blockchains by NFT Sales Volume look at me Data From Crypto…
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SK On is said to declare ‘emergency’ as EV sales disappoint (NYSE:F)
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Just excellent South Korean electric vehicle battery maker SK ON said it is in a crisis as its customers face weak electric vehicle sales in Europe and the United States, the Financial Times reported on Sunday. CEO Lee Suk Hee The company plans to cut costs as part of “emergency…
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Nvidia downgraded on ‘limited further upside’ By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Nvidia (NASDAQ:) stock has been downgraded by New Street Research. Analysts at New Street Research downgraded Nvidia stock to neutral from buy on Friday.…
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Top RWA Cryptocurrencies to Put on Your Watchlist in July
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Long summary Ondo is the largest coin in the Real Assets (RWA) space, with a current price of around $1 and a market cap of $1.4 billion. It debuted in January and hit an all-time high of nearly $1.50 in June. The value of this sector has recently dropped from…
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How overbooked flights can let you travel for free and net you thousands
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This could be a scene from an auction house: A Delta flight from Boston to Rome in September was so fully booked that a flight attendant begged passengers, offering them thousands of dollars and a hotel room, to give up their seats in exchange for a voucher and a later…
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Newsquawk Week Ahead: US CPI, Powell testimony and US earnings
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Sun: French Election (second round) Mon: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May),German Trade Data (May), EZ Sentix Index (July), BoI Announcement, US Employment Trends Tue: BoJ Bond Meeting 9-10, EIA STEO; Australian Consumer Sentiment, Hungarian CPI (June), Mexican 12-monthInflation (June), Powell Testimony (Senate)…
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Why The US And German Government Selling Bitcoin Isn’t A Big Deal
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The Bitcoin market has been filled with Several whale sales Since June. Most of this selling has come from miners and some other whales, although there has been recent news that German government She also sells her property. Due to the huge volume of transactions, Government sales These can be…
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Why The US And German Government Selling Bitcoin Isn’t A Big Deal
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The Bitcoin market has been filled with Several whale sales Since June. Most of this selling has come from miners and some other whales, although there has been recent news that German government She also sells her property. Due to the huge volume of transactions, Government sales These can be…
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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high
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Amazon.com Inc. founder and CEO Jeff Bezos is set to sell about $5 billion worth of shares in the e-commerce giant, according to a regulatory filing disclosed after market hours on Tuesday. The announcement comes after Amazon stock hit an all-time high of $200.43 during the trading session. The proposed…
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Revolut CEO to sell part of stake in $500 million share sale, Sky News reports By Reuters
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(Reuters) – Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers to…
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Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Vehicle supply building. Prices are going down. Is it time to buy a new car?
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Breadcrumbs Path Links PMN Retail & Marketing PMN Business BMW cars Article author: Canadian Press Ritika Dubey Posted on July 07, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. For the first time in…
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Weekly Market Outlook (08-12 July)
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Upcoming Events: Monday:Japan wage data. Tuesday:National Federation of Businesses Small Business Optimism Index, Fed Chair Powell’s testimony. WednesdayJapan PPI, China CPI, RBNZ Monetary Policy Decision, Fed Chair Powell Testimony. ThursdayUK GDP, US CPI, US unemployment claims. Friday:New Zealand Manufacturing PMI, US Producer Price Index, University of Michigan Consumer Confidence Index…
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Polygon (MATIC) Plunges To 2-Year Lows As Bearish Sentiment Persists
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Main Takeaways Polygon (MATIC) has fallen to its lowest level in two years, having fallen over 33% in the past year, as the MATIC price continues to face downward pressure. On-chain data shows a significant drop in daily active addresses, indicating low network activity and bearish sentiment towards the token.…