Author: Investor Empires
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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…
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Newsquawk Week Ahead: Highlights include: US PCE, BoJ SOO, Biden/Trump debate
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Next week June 24-28: Monday: BoJ Viewpoint Summary, German IFO Survey (June), German Import Prices (May) Tuesday: Japan Services PPI (May), Canadian CPI (May), UK GDP (Q1) married: Australian CPI (May), German Consumer Confidence from GfK Thursday: Biden/Trump debate on CNN, Riksbank announcement, ECB announcement, ECB announcement, European Council, Chinese…
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Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?
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The Avalanche blockchain’s native token AVAX is in severe pain this weekend, falling more than 10% at one point in a decline to its lowest level since December 2023. Over the past 24 hours, the token fell from $27.87 to an intraday and six-month low of $24.92, according to CoinGecko.…
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Supermarket CEOs summoned to criminal hearing on price fixing
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The Israel Competition Authority announced today that Yochananov’s marketing chain owner and CEO Eitan Yochananov, his deputy Elad Harazi and Superbariket supermarket chain manager Ephraim Tshuva, will hold a pre-indictment hearing on suspicion of cartel arrangements. Yochananof’s group itself will also be given a hearing. In addition, the Israel Competition…
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Here’s Why The Dogwifhat Price Crashed Below $2 This Week
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solana meme coin, Dogwifahat (WIF) has crashed. Below $2 this week, it saw double-digit declines as investor interest in the popular meme coin began to wane. Dujoyvat crash 26% the Dujoyvat price Currently trading at $1.8, the meme-themed coin continues to face massive downward pressure from prevailing market volatility. The…
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Messari’s New Report Recognizes Nervos CKB as a Game-Changer for Bitcoin’s Scalability and Programmability By Chainwire
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Hangzhou, China, June 22, 2024, Chainwire In an innovative analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), highlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos is leveraging innovative Blockchain Layer-1 technology and the RGB++ protocol to…
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Messari’s New Report Recognizes Nervos CKB as a Game-Changer for Bitcoin’s Scalability and Programmability By Chainwire
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Hangzhou, China, June 22, 2024, Chainwire In an innovative analysis, leading cryptocurrency research firm Messari has published a comprehensive overview of the Nervos Network (CKB), highlighting its pivotal role in enhancing Bitcoin’s technological framework. The report details how Nervos is leveraging innovative Blockchain Layer-1 technology and the RGB++ protocol to…
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Kickstart the FX trading day for June 21 w/a technical look at the EURUSD, USDJPY & GBPUSD
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In the June 21 kickoff video, I look at the three major currency pairs from a technical perspective and explain what the bias is, what the risks are, and what the objectives are for each. EURUSD corrected higher to test a 61.8% retracement of the up move from the April…
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Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?
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Solana, a leading blockchain platform, is witnessing a major decline as a sustained bearish wave sweeps its market. This decline, driven by a combination of factors, saw the price of SOL fall significantly below the $140 support level. Solana price struggled to find stability, as it broke through key support…
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Is Apple Stock Going to $240? 1 Wall Street Analyst Thinks So.
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apple (Nasdaq: Apple) Stock finally Join the Artificial Intelligence (AI) race.. Advertise your association with OpenAI Earlier this month, the iEverything giant said it would integrate ChatGPT AI into future high-end models of the iPhone, iPad, and Mac. The stock price rose nearly 9% in response to the news, and…
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Explainer-How US industries deal with extreme heat By Reuters
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Written by Granth Vanek and Ariana McLemore Extreme heat has caused companies in the United States to change the way they operate. One frequent response: Work less. Here’s how heat is affecting several large industries and what to do about it: * Construction: Work on construction projects slows. What normally…
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Shiba Inu Community Proposes SHIB Burn Via Binance And Coinbase
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the Shiba Inu (SHIB), a popular coin and decentralized cryptocurrency on the Ethereum blockchain, has an enthusiastic community that is actively exploring innovative ways to reduce the large circulating supply of the token, with the aim of enhancing the value of the remaining tokens. One such initiative that has gained…
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Shiba Inu Community Proposes SHIB Burn Via Binance And Coinbase
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the Shiba Inu (SHIB), a popular coin and decentralized cryptocurrency on the Ethereum blockchain, has an enthusiastic community that is actively exploring innovative ways to reduce the large circulating supply of the token, with the aim of enhancing the value of the remaining tokens. One such initiative that has gained…
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Real estate stocks edge down, while major market averages gain marginally (NYSEARCA:XLRE)
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the horror Real estate stocks fell in the week ending June 21 after mixed economic data and the latest housing market update, while the major market averages rose marginally. Selected Real Estate Sector Fund SPDR Fund ETF (NYSEARCA:XLRE) I finish Shortened vacation week 0.13% Lower at $38.48. The fund posted…
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US major indices are mixed at the start of the trading day
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Major US indices are trading little changed ahead of preliminary Purchasing Managers’ Index (PMI) and existing home sales data. The Dow Jones Industrial Average rose 2.0 points, or 0.01%, to 39,141 The S&P 500 fell -6.5 points, or -0.13%, to 5,466.06. The Nasdaq index fell by -15.48 points, or -0.09%,…
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Crypto cyber gang FIN9 indicted in a $71m operation
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The FBI has charged four members of the notorious FIN9 group with organizing cryptocurrency-related hacking attacks on US companies, resulting in losses of more than $71 million. FIN9 members – Ta Van Thai, Nguyen Viet Quoc, Nguyen Trang Xuyen, Nguyen Van Trung – allegedly hacked into the computer networks of…
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CDK to pay tens of millions to hackers who crippled car dealerships
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A group claiming to have hacked CDK Global, a software provider for thousands of North American car dealerships, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter. CDK plans to repay the amount, said the person, who asked to remain anonymous because…
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CDK to pay tens of millions to hackers who crippled car dealerships
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A group claiming to have hacked CDK Global, a software provider for thousands of North American car dealerships, has demanded tens of millions of dollars in ransom, according to a person familiar with the matter. CDK plans to repay the amount, said the person, who asked to remain anonymous because…
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Deutsche Bank says S&P 500 pullback is coming By Investing.com
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Strategists at Deutsche Bank suggest that the pair could be on the cusp of another pullback, following a previous successful prediction earlier in April when they predicted a pause in the market rally. Their predictions proved accurate as the S&P 500 saw a 4.6% decline in the two weeks following…