Author: Investor Empires
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Will Alphabet Be Worth More Than Nvidia by 2025?
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the alphabet’s (NASDAQ:GOG) (Nasdaq: Google) The stock is up more than 40% over the past 12 months and is currently hovering near its all-time high. The tech giant has impressed investors with accelerated growth of its advertising and cloud businesses, a new $70 billion stock buyback plan, and the approval…
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Top 10 AI Cryptos to Watch in June by This Important Metric
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Turkish lire; Dr NEAR Protocol, The Graph, and Oasis Network top the 10 AI cryptocurrencies with the most development activity over the past 30 days. Recent developments, such as the “super-intelligence alliance” between Fetch.ai, SingularityNET, and Ocean Protocol, have led to significant rises in some AI-related currencies. Here are the…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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Record temperatures, higher natural gas prices to lift power bills this summer
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Pedrosala/iStock via Getty Images Higher electricity bills in the future For most of the United States this summer, the Energy Information Administration expects the average monthly residential energy bill in the United States to rise to $173 in June, July and August, up 3% from a year ago. The biggest…
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UBS offers a bottom-up perspective By Investing.com
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The launch of ChatGPT in November 2022 marked a pivotal moment in the field of artificial intelligence (AI), driving its widespread adoption. According to UBS analysts, this event has stimulated significant investments and technological progress, with potential impacts across all economic sectors. In a recent note to clients, the bank’s…
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50 Cent Says X Account Was Hacked To Promote Rugged Solana Meme Coin
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American rapper and actor 50 cents He was recently at the center of a coin-op saga Solana Network. The rapper refuted the GUNIT coin promotion meme, claiming that his X (formerly Twitter) account was hacked by individuals promoting the cryptocurrency. Hackers targeted 50 Cent’s account for promoting fake cryptocurrencies 50…
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Declining short interest is what makes S&P 500 vulnerable: JPMorgan By Investing.com
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JPMorgan warns that this could be at risk due to declining short interest in key ETFs such as SPY and QQQ. Analysts at the bank point out that this decline was “providing steady support for US stocks over the past year, helping to suppress volatility.” In simpler terms, fewer investors…
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Little-Known But Important Dogecoin Indicator Goes Off, How High Can It Drive Price?
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Dogecoin price falling It may end very soonAccording to a little-known but important indicator called Gaussian Channel (GC). As recently pointed out by a cryptocurrency analyst known as Trader Tardigrade, the Gaussian channel has recently been flashing green on the DOGE weekly chart, indicating that the cryptocurrency may rally to…
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Little-Known But Important Dogecoin Indicator Goes Off, How High Can It Drive Price?
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Dogecoin price falling It may end very soonAccording to a little-known but important indicator called Gaussian Channel (GC). As recently pointed out by a cryptocurrency analyst known as Trader Tardigrade, the Gaussian channel has recently been flashing green on the DOGE weekly chart, indicating that the cryptocurrency may rally to…
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Explainer: What happens if Parliament rejects Finance Bill 2024 in totality
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The Treasury presented a worst-case scenario if the entire finance bill is rejected in the National Assembly, warning of major spending cuts in a forced shake-up of the government’s spending plans. According to the Treasury, rejecting the bill would open a Sh200 billion revenue gap, leading to cuts of the…
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Explainer: What happens if Parliament rejects Finance Bill 2024 in totality
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The Treasury presented a worst-case scenario if the entire finance bill is rejected in the National Assembly, warning of major spending cuts in a forced shake-up of the government’s spending plans. According to the Treasury, rejecting the bill would open a Sh200 billion revenue gap, leading to cuts of the…
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ESG investing has lost its sheen By Investing.com
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Bank of America analysts said in a note this week that the popularity of environmental, social and governance (ESG) investing has waned after a stellar run. Analysts at Bank of America Head of US Sustainability Research attribute the 2016-2021 ESG boom to three factors: a global regulatory push, especially in…
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ESG investing has lost its sheen By Investing.com
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Bank of America analysts said in a note this week that the popularity of environmental, social and governance (ESG) investing has waned after a stellar run. Analysts at Bank of America Head of US Sustainability Research attribute the 2016-2021 ESG boom to three factors: a global regulatory push, especially in…
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Facebook Hit With Landmark Lawsuit Over Crypto Scam Ads
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Credit: Forbes In a major legal battle, Australian mining tycoon Andrew Forrest has taken on social media giant Meta Platforms, formerly known as Facebook, over a series of fraudulent cryptocurrency-related ads that used his image and likeness without authorization. This landmark case has the potential to reshape the landscape of…
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Facebook Hit With Landmark Lawsuit Over Crypto Scam Ads
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Credit: Forbes In a major legal battle, Australian mining tycoon Andrew Forrest has taken on social media giant Meta Platforms, formerly known as Facebook, over a series of fraudulent cryptocurrency-related ads that used his image and likeness without authorization. This landmark case has the potential to reshape the landscape of…
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Business Travel Resurges with a New Focus on ‘Bleisure’
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The pandemic has put business travel on hold, shifting meetings to virtual platforms like Teams. However, business travel today has not only rebounded, but has surpassed pre-pandemic levels, transforming the industry in unexpected ways. The Meetings, Incentives, Conferences and Exhibitions (MICE) sector is experiencing a significant revival, providing new opportunities…
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USD/CAD edges higher after softer retail sales data and PPI. BOC cut odds rise
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USD/CAD 10 minutes The Bank of Canada’s July decision is shifting more decisively toward a rate cut after weak retail sales and PPI numbers today. The market now places a 73% chance of a successive cut. Retail sales matched estimates of +0.7% for April but the advance report for May…
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PQShield clinches $37m, Renzo raises $17m
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This week, blockchain startups and various cryptocurrency projects have collectively raised more than $100 million in venture capital (VC). Below is a summary of funding activities between June 16 and 22. The activity reflects a growing interest in diverse blockchain applications, from gaming and social networking to advanced cryptographic security.…
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Credit’s Strong Run Stumbles for First Time This Year
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Breadcrumb links BMN Business Global corporate bond spreads are on track to turn in their first month of weakness since late last year, reigniting the debate over the relative value of credit versus other fixed income classes ahead of the second half of 2024. Article writer: Bloomberg News Finbar Flynn…