Author: Investor Empires
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3 million Kenyans have three days to file tax returns
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About three million Kenyans have not filed their tax returns four days before the June 30 deadline, exposing them to penalties from the Kenya Revenue Authority. KRA data shows that about six million people filed their returns by June 26 against nine million active taxpayers in its database. The number…
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Google downgraded as Apple gets vote of confidence By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get the first insights from market-moving AI analysts. Upgrade today! Rosenblatt downgraded Google stock amid heightened turnaround risks An analyst at Rosenblatt downgraded Alphabet (NASDAQ:) stock from buy to neutral, citing “multiple areas of…
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Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs
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June was a more difficult month for Bitcoin than many expected at the beginning of the month. This is because the price of Bitcoin was higher than its real price by about 1.5%. Decreased throughout the monthleaving many investors, Especially short term holdersDisappointed. Related reading However, despite the price decline,…
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Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs
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June was a more difficult month for Bitcoin than many expected at the beginning of the month. This is because the price of Bitcoin was higher than its real price by about 1.5%. Decreased throughout the monthleaving many investors, Especially short term holdersDisappointed. Related reading However, despite the price decline,…
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Simply Asset Finance Secures £120m Loan Facility from Bank of America to Boost UK Business Lending
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Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America. This new facility, initially set at £60 million with potential to expand to £120 million, will significantly enhance Simply Asset Finance’s ability to finance businesses across the UK. The agreement strengthens Bank…
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Japan names new FX diplomat as yen hits 38-year low By Reuters
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Written by Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) – Japan appointed a new diplomat in charge of foreign exchange on Friday as the yen fell to a 38-year low against the dollar, raising expectations of imminent market intervention by Tokyo to support the battered currency. Atsushi Mimura, a veteran…
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June 2024
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You probably read the predictions. For a decade, they peddled the same sunny promise: Someday AI will help make medicine smarter and faster. Someday has dawned. Nearly 80% of health care organizations now use AI. In fact, AI is already helping to reduce repetitive clinical tasks and enable more precise…
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Arkham Reveals A Staggering $800M+ Holdings
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DENVER, COLORADO – FEBRUARY 18: Vitalik Buterin, co-founder of Ethereum, speaks at ETHDenver on February 18, 2022 in Denver, Colorado. ETHDenver is the world’s largest and oldest Ethereum blockchain event, with more than 15,000 crypto enthusiasts attending the week-long gathering. (Photo by Michael Ciaglo/Getty Images) Vitalik Buterin, co-founder of Ethereum…
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What a billion-dollar portfolio manager thinks about fixed income
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Breadcrumb trail links Investor Sandy Liang: In the years since the pandemic, being a bond manager has not been fun, at least for traditional managers. Posted on June 30, 2024 • Last updated 26 minutes ago • 4 minutes read You can save this article by registering for free here.…
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Jobs, inflation data may break the US Treasury market out of narrow range By Reuters
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By David Randall NEW YORK (Reuters) – A series of upcoming economic reports and testimony from Federal Reserve Chairman Jerome Powell before Congress could push U.S. government bonds out of a tight trading range. Yields on benchmark 10-year US Treasury bonds, which move inversely with bond prices, have risen between…
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Bitcoin ‘tends to bounce back’ in July after negative June
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Cryptocurrency market analyst Ali Martinez expects the price of Bitcoin (BTC) to rebound in July after a month of bearish momentum. According to MartinezX’s post on Sunday, Bitcoin’s price recorded an average price recovery of 7.98% in July after a “negative June.” The data shows that Bitcoin’s price has fallen…
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Slice pensions affair takes toll on savers
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NIS 4.3 billion – it is difficult to think about, especially when it comes to the pensions and savings of 105,000 people accumulated over many years. Their access to funds has now been completely blocked, and for thousands of them it is not at all clear whether they will ever…
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South African rand rallies on hope DA and ANC can agree on cabinet posts By Reuters
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JOHANNESBURG (Reuters) – The rand rose in South Africa on Friday amid optimism that the Democratic Alliance and the African National Congress will reach an agreement on ministerial positions, a day after local media reported a major rift between the two parties. At 1503 GMT, the rand reached 18.24 against…
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Are Meme Coins the Most Profitable Cryptocurrency Niche so far in 2024?
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The first half of 2024 has come to an end, and Chain experts have compiled data to determine the profitable sectors so far in the year. according to coverage According to independent cryptocurrency reporter Colin Wu, memecoin has become the most profitable sector in the first half of 2024, followed…
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Are Meme Coins the Most Profitable Cryptocurrency Niche so far in 2024?
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The first half of 2024 has come to an end, and Chain experts have compiled data to determine the profitable sectors so far in the year. according to coverage According to independent cryptocurrency reporter Colin Wu, memecoin has become the most profitable sector in the first half of 2024, followed…
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France votes in election that could hand power to far right By Reuters
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Written by Mimosa Spencer PARIS (Reuters) – French voters went to the polls on Sunday in the first round of a snap parliamentary election that could produce the country’s first far-right government since World War Two and mark a major change at the heart of the European Union. President Emmanuel…
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Weekly Market Outlook (01-05 July)
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Upcoming events: Monday:China Caixin Manufacturing PMI, Swiss Retail Sales, US ISM Manufacturing PMI. Tuesday: Reserve Bank of Australia meeting minutes, Eurozone CPI, Eurozone unemployment rate, Canada manufacturing PMI, US jobs, Fed Chair Powell. Wednesday:Australian Retail Sales, China Caixin Services PMI, Swiss Manufacturing PMI, Eurozone PPI, US ADP, US Jobless Claims,…
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Bitcoin Miner Capitulation At December 2022 Levels – What Happened The Last Time?
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It’s no secret that Bitcoin miners are currently facing significant financial pressure, especially after the fourth halving event. As a result, these vital network participants are forced to offload their Bitcoin holdings to offset the increasing operating costs. Interestingly, the latest on-chain data shows that the Bitcoin market is experiencing…
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Bitcoin Miner Capitulation At December 2022 Levels – What Happened The Last Time?
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It’s no secret that Bitcoin miners are currently facing significant financial pressure, especially after the fourth halving event. As a result, these vital network participants are forced to offload their Bitcoin holdings to offset the increasing operating costs. Interestingly, the latest on-chain data shows that the Bitcoin market is experiencing…
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Why Nvidia stock is now in treacherous waters: Morning Brief
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This is the summary of today’s morning brief, which you can subscription To be delivered to your inbox every morning with: The weight of high expectations is often a heavy burden to carry. In life, if you are a top performer at work, you are expected to perform at your…