Author: Investor Empires
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S&P index moves into negative territory
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The S&P has now moved into negative territory and is down -8.28 points or -0.15% at 5413. The low has reached 5412.02 so far. The Nasdaq is holding on to a gain of 24 points, or 0.14%, at 17,632. The Dow Jones Industrial Average is down -265 points, or -0.69%,…
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Dogecoin Under Pressure And ‘Going To Zero’, Analyst Says
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Beloved Dogecoin, the cryptocurrency with a Shiba Inu face that started as a joke, is having a tough time. The recent $16 million sale by a large holder, likely a “whale” investor, sent shockwaves through the DOGE community, raising questions about the memecoin’s long-term viability. Related reading Mags charts an…
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IAC Inc. announces senior finance officer’s departure By Investing.com
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NEW YORK – IAC Corporation (NASDAQ:IAC), a leading computer programming and data processing services company, has announced a major change to its executive team. Eric Bradbury, the Company’s Senior Vice President and Controller, as well as its Chief Accounting Officer, has announced his resignation, effective August 9, 2024, to pursue…
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IAC Inc. announces senior finance officer’s departure By Investing.com
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NEW YORK – IAC Corporation (NASDAQ:IAC), a leading computer programming and data processing services company, has announced a major change to its executive team. Eric Bradbury, the Company’s Senior Vice President and Controller, as well as its Chief Accounting Officer, has announced his resignation, effective August 9, 2024, to pursue…
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US stocks mixed; S&P 500, Nasdaq gain after soft PPI release By Investing.com
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Investing.com — U.S. stock trading was largely higher, as further signs of slowing inflation raised expectations for a rate cut from the Federal Reserve. At 06:20 EST (10:20 GMT), it was down 150 points or 0.4%, while trading 10 points or 0.2% higher and up 100 points or 0.6%. Benign…
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Supra And Killer Whales Partner For $100M ‘Super DApp Showdown’
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In the rapidly evolving blockchain landscape, the announcement of a groundbreaking partnership between Supra, a leading tier-1 blockchain platform, and Killer Whales, a prominent cryptocurrency-focused media entity, has generated significant buzz within the developer community. The two forces have joined forces to launch the “Super dApp Showdown,” a high-stakes competition…
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Gold Fields cuts production guidance after severe winter weather in Chile (NYSE:GFI)
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Moussa81/iStock via Getty Images gold fields (New York Stock Exchange: GFI) -8.4% Pre-market Thursday after Cut production guidance for the full year Due to worse than expected winter weather in Chile, limiting the intensification of the new Salares Norte project. Gold Fields (GFI) said it now expects production This year…
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Meet Finance Magnates’ Team at iFX EXPO International 2024 Next Week!
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Turkish Lira hits record high in crypto market share, surpassing EUR
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The Turkish Lira (TRY) has become the third largest fiat currency used in cryptocurrency trading. according to Report from Caico ResearchThe growing market share of the Turkish Lira has pushed it to surpass the Euro (EUR), capturing 19% of the market share. This was an all-time high for the coin,…
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CEO Agenda: The secrets of success with Jesper Brodin, CEO of IKEA
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The CEO Agenda offers unique insights into how leaders think, lead, and what keeps them busy in an ever-changing world. We look into the lives, minds and agendas of CEOs at the world’s most famous companies. Jesper Brodin is the CEO of Sweden’s most famous furniture company. Since he took…
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Sterling set for fifth weekly gain against euro after shock French election call By Reuters
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LONDON (Reuters) – The pound is headed for its fifth weekly gain against the euro on Thursday, after hitting its highest levels in almost two years against the single European currency, which was rocked by political uncertainty in France. The euro fell to its lowest level against the pound since…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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Treasury fears trouble with IMF, debt risks
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The Treasury has intensified its pressure on Parliament to adopt punitive tax measures contained in the draft finance bill, saying it will help narrow Kenya’s budget deficit and reduce the desire to borrow. Principal Treasurer Chris Kipto said the higher taxes and new taxes proposed in the bill were needed…
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Chart Art: How Low Can NZD/USD Go Before Extending Its Uptrend?
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NZD/USD has been rejected from the previous resistance area and looks set to test lower inflection points! How far can the NZD/USD pair go before it continues its weeks-long upward trend? Let’s check the 4-hour time frame: NZD/USD Forex 4 Hours Chart by TradingView The NZD/USD pair made its highest…
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Revolut Secures 10-Year Lease in Canary Wharf, Enhancing its Commitment to London
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Leading fintech company Revolut has signed a 10-year lease for office space in the heart of Canary Wharf, marking a major boost to the prestigious financial district. The company will occupy the top four floors of the newly refurbished 30 South Colonnade building, now rebranded as YY London. Subject to…
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AUDUSD Technical Analysis – The soft US CPI weighs on the USD
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Basic overview The US dollar was sold off across the board yesterday after the weak US CPI report. This data has prompted the market to re-price the discounts twice this year. Later in the day, we got a tougher than expected decision from the FOMC as the chart showed that…
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The Politics of Bitcoin Development
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In a recent conversation with Christian Decker From Blockstream, Shinobi from Bitcoin Magazine delved into the complex politics of Bitcoin development. Decker, a lead Lightning developer, provided a candid look at the current competitive atmosphere where developers often find themselves embroiled in political maneuvering rather than engineering matters. Decker doesn’t…
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The Politics of Bitcoin Development
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In a recent conversation with Christian Decker From Blockstream, Shinobi from Bitcoin Magazine delved into the complex politics of Bitcoin development. Decker, a lead Lightning developer, provided a candid look at the current competitive atmosphere where developers often find themselves embroiled in political maneuvering rather than engineering matters. Decker doesn’t…