Author: Investor Empires
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What’s next for Tesla’s stock as shareholders and Wall Street pros weigh in
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Although Tesla ( TSLA ) shareholders voted to reinstate Elon Musk’s pay package Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “It’s all a game of chance, and shareholders have backed out,” said Ibrahim Al-Husseini, one of Tesla’s early investors. “Fear of losing is a great…
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The Dutchman who gets Nike and Lego into wartime Russia’s stores By Reuters
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By Tassilo Hommel, Gleb Stolyarov, Polina, Nikolskaya, and David Gauthier Villars Paris (Reuters) – Nike (NYSE:) stopped selling its sports apparel to Russia shortly after Moscow launched its all-out invasion of Ukraine more than two years ago. But that didn’t stop Footballstore.ru, an online sports retailer owned by Russian football…
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Over $200 Million in Liquidations as Bitcoin (BTC) Price Dropped to Monthly Lows (Weekend Watch)
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Bitcoin price movements over the past few days have been quite painful as the asset fell to $65,000 yesterday for the first time in about a month. Although they have also recovered from their lowest positions, altcoins are also deep in the red, with NEAR, FIL, and FET sinking the…
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10 predictions on how artificial intelligence will reshape the world: UBS
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G studios Since ChatGPT was introduced in late 2022, Microsoft (NASDAQ:MSFT) With the support of its creator, generative AI is taking on the world and its broader implications for the global economy and society as a whole. While some research companies We believe generative AI can do this Heart of…
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“Unlocking the Internet of Value:” RippleX’s SVP Markus Infanger on Transforming Finance
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Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive interview with Markus Infanger, VP of Product at Ripple, shed…
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Ethereum Spot ETFs To Make Trading Debut In July – Here’s The Date
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After spot ETFs (exchange-traded funds) were approved, would-be issuers had to wait for their products to debut. This has led to a lot of commentary and speculation about the possible date of final approvals for Ethereum ETFs. Bloomberg analyst Eric Balchunas is the latest figure to predict when Ethereum ETFs…
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Ethereum Spot ETFs To Make Trading Debut In July – Here’s The Date
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After spot ETFs (exchange-traded funds) were approved, would-be issuers had to wait for their products to debut. This has led to a lot of commentary and speculation about the possible date of final approvals for Ethereum ETFs. Bloomberg analyst Eric Balchunas is the latest figure to predict when Ethereum ETFs…
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How Jake Paul defied FBI raids and YouTube controversy to launch a business empire
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Before the 27-year-old became the third richest content creator, raking in $38 million in 2023 — and challenging boxing legend Mike Tyson in a bout that will be broadcast on Netflix — Paul was Disney’s nightmare employee. After gaining internet fame by creating six-second comedy videos on Vine, Paul was…
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Bernstein: Bitcoin Could Hit $1 Million by 2033
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Wall Street major Bernstein has offered a long-term bullish forecast for Bitcoin’s price, saying it could reach $1 million by 2033. Just in: $779 billion says Bernstein #Bitcoin It will likely reach $1 million. The price is expected to reach $200,000 by 2025 ? pic.twitter.com/zBp3o09OoL – Bitcoin Magazine (@BitcoinMagazine) June…
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Bernstein: Bitcoin Could Hit $1 Million by 2033
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Wall Street major Bernstein has offered a long-term bullish forecast for Bitcoin’s price, saying it could reach $1 million by 2033. Just in: $779 billion says Bernstein #Bitcoin It will likely reach $1 million. The price is expected to reach $200,000 by 2025 ? pic.twitter.com/zBp3o09OoL – Bitcoin Magazine (@BitcoinMagazine) June…
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CEO who wakes up at 3am for cold shower and prayer
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The tale of the pauper to the prince has been told enough already. Especially if you’re named after history makers, like Churchill and Winston. In a sense, his fate was already written in the stars, sealed by the universe. But this story wouldn’t make sense without rephrasing it, so here…
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Citi sees the Fed, the ECB, and the BOE all cutting rates in September By Investing.com
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In its Global Economic Outlook, Citi economists said they expect the Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England (BOE) to cut interest rates in September. The bank said its forecasts aim to balance three main themes: resilient service sectors, persistent inflation above official targets,…
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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
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The cryptocurrency market is witnessing a major pullback, with Bitcoin leading the way by falling to the $65,000 mark after failing to retest its price. Highest level ever $73,700 was reached in March. Market expert Michael van de Poppe has highlighted the reasons behind this ongoing bloodbath, highlighting several key…
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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
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The cryptocurrency market is witnessing a major pullback, with Bitcoin leading the way by falling to the $65,000 mark after failing to retest its price. Highest level ever $73,700 was reached in March. Market expert Michael van de Poppe has highlighted the reasons behind this ongoing bloodbath, highlighting several key…
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Oil Prices Predicted to Plunge to $60 by 2025, Bringing Relief to Drivers
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Motorists are set to benefit from a significant drop in fuel prices over the next 18 months, with analysts predicting a significant drop in the cost of oil to $60 per barrel. The expectation of lower gasoline prices comes on the heels of expectations that the global supply of oil…
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Binance Leaders Off the Hook in Nigeria Tax Evasion Case after Legal Shuffle
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Today (Friday), Nigeria dropped tax evasion charges against two Binance executives after a local representative was appointed by the cryptocurrency exchange to handle the legal proceedings. Tigran Gambaryan, a US citizen and head of financial crimes compliance, and Nadeem Angarwala, the British-Kenyan regional director for Africa, have denied the accusations.…
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Turkey Targets Crypto With New 0.03% Crypto Transaction Tax
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As the global economy continues to evolve, governments around the world face the challenge of effectively regulating the rapidly expanding cryptocurrency market. In an important step, the Turkish government recently revealed A Series of tax reforms in Türkiye Which aims to address concerns regarding the country’s budget, including imposing a…
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Tax Doubts Look Set to Dog Keir Starmer to Election and Beyond
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Breadcrumb links PMN works Keir Starmer’s path to power in the UK general election looks insurmountable with less than three weeks to go, but for the investors, economists and ordinary Britons who will vote for him, the Labor leader has yet to settle a key question: Are his tax and…
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The Nasdaq closes at a new record high for the 5th consecutive day
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The Nasdaq closed at a new record high on Monday at 17,192.53. It did the same thing on Tuesday, Wednesday, Thursday and again today to extend the streak of consecutive closing highs to five trading days. The S&P was in a similar move this week, but closed marginally lower today…
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Gemini to pay $50 million to defrauded investors
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Gemini will make this payment as settlement of the New York cryptocurrency fraud claim. Gemini is also prohibited from operating lending programs in New York. Letitia James, Attorney General of New York Announce Her office has successfully received $50 million from cryptocurrency platform Gemini. These funds will be used to…