Author: Investor Empires
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Generative AI Set to Disrupt Jobs and Widen Inequality, IMF Warns
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The International Monetary Fund (IMF) has issued a stark warning about the profound labor market disruptions and inequality that AI could cause, urging governments to step up economic protectionism to protect their economies. In a recent report, the International Monetary Fund highlighted that advances in artificial intelligence technology could lead…
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Nvidia, Micron rise; Lennar, Tesla fall By Investing.com
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(Updated – June 18, 2024 at 11:31 AM EST) Investing.com – U.S. stock futures were mixed on Tuesday after May retail sales data was weaker than economists expected, as investors continued to balance the weaker economic data with the possibility of a Federal Reserve interest rate cut later this year.…
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Marketing Bitcoin to Gen-Z
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Generation Z is undoubtedly the most tech-savvy generation. They have grown up with technology since day one, have an innate understanding of digital platforms and navigate the online world with ease. This generation’s familiarity with technology makes them naturally inclined towards innovations like Bitcoin, which is often called “Internet of…
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GlycoProteMim Featured in Stonegate Healthcare’s Latest Anti-Aging Research Report
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 18, 2024 • 3 minutes…
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Cardano Founder’s Pig NIKE Sparks Memecoin Craze
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A memecoin inspired by Cardano founder Charles Hoskinson’s pet Nike pig has captured the community’s attention. Within just 12 hours of Hoskinson’s post on X, NIKE’s market capitalization had risen to nearly $1 million, underscoring the volatile and often unpredictable dynamics of the cryptocurrency market. Cardano founder launches new Memecoin…
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Israeli smart city co Zencity raises $40m
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Developer of an Israeli smart city platform for local governments Zencity TLV announced the completion of a $40 million Series C financing round led by StepStone Group, with participation from existing investors TLV Partners. This brings the company’s total raised to $91 million. The company has developed an accessible and…
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Boston Scientific to buy Silk Road Medical in $1.16 billion deal By Reuters
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By Sriparna Roy (Reuters) – Boston Scientific said on Tuesday it will buy Silk Road Medical Inc (NASDAQ:) in a $1.16 billion deal, adding medical devices used to prevent strokes. Boston, which generates most of its revenue from sales of cardiac devices such as defibrillators and stents, will pay $27.50…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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Hodler selling and hawkish Fed put pressure on Bitcoin prices By Investing.com
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Investing.com — It came under pressure last week, trading as low as $65,000 on Friday, as on-chain metrics showed Hodlers had been selling bitcoin since early June, according to HC Wainwright. The downtrend includes miner sales, adding to selling pressures amid a hawkish outlook from the Federal Open Market Committee…
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Australia’s largest bank shuts down stablecoin project: report
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National Australia Bank has reportedly halted development of its own stablecoin called AUDN just a year after such plans were first revealed. National Australia Bank (NAB), one of Australia’s four largest financial institutions, has quietly stopped work on its Ethereum-based stablecoin, with the team responsible for development reportedly leaving the…
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Australia’s largest bank shuts down stablecoin project: report
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National Australia Bank has reportedly halted development of its own stablecoin called AUDN just a year after such plans were first revealed. National Australia Bank (NAB), one of Australia’s four largest financial institutions, has quietly stopped work on its Ethereum-based stablecoin, with the team responsible for development reportedly leaving the…
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If I Could Only Buy 1 Artificial Intelligence (AI) Stock, This Would Be It
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It’s almost impossible to choose just one artificial intelligence (AI) stock in your portfolio. There are a few companies dedicated entirely to AI, but many have their fingers in AI as well as other areas, so once you have a well-balanced portfolio, you’ll end up owning multiple AI stocks. But…
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This is when you should consider selling Nvidia stock By Investing.com
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Investing.com – Nvidia (NASDAQ:) stock continues to grow as the market surges to a series of all-time highs on the back of the Fed’s renewed pivot hopes in September after data released better-than-expected numbers. But amid Nvidia’s seemingly never-ending rise, investors who bought the stock early in the year face…
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Top Ripple Price Predictions to Watch
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Turkish lire; Dr Ripple’s XRP token defied negative market conditions, rising 1% over the past 24 hours and 3% over the week, outperforming BTC, ETH, and BNB. Analysts see the potential for a significant rally in XRP, with some predicting prices between $0.75 and $20, supported by technical patterns and…
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Oil price bounce drives global commodity open interest value rebound – JPM
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JPM Commodities Research said the estimated value of open contracts in global commodity markets rose 1% during the week to $15 billion, with gains driven entirely by the energy sector, while it expects LME copper prices to trade at around $9,800 per metric ton. In the future. a fourth. Net…
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Dollar edges higher ahead of retail sales, speeches by Fed officials By Investing.com
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Investing.com – The US dollar rose on Tuesday ahead of key retail sales data and speeches from Federal Reserve officials, as traders looked for clues to better gauge the timing and pace of interest rate cuts. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the greenback against a…
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Who’s Dumping Their Coins, How Much And Why?
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The Bitcoin market has been cold over the past two weeks. Bitcoin, the undisputed ruler of the cryptocurrency world, has borne the brunt of the cold. Worst weekly flow in three months It’s worth a staggering $621 million, according to a recent report from Coinshares, a digital asset investment firm.…
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Philadelphia UArts shuts, locking out 1,300 students
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Katherine Anderson from Texas traveled to Philadelphia last year to attend a college program she couldn’t find anywhere else, combining music, entrepreneurship and technology. Two weeks ago, she received the amazing news about the university Close Within days. The closure of the University of the Arts left her and 1,300…