Author: Investor Empires
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Netlist wins $445M jury verdict against Micron over patent (OTCQB:NLST)
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Editorial vzphotos/iStock via Getty Images Netlist (OTCQB:NLST) has been awarded a $445 million verdict by a jury in an ongoing patent dispute with Micron (Nasdaq: Mo). A jury in an Eastern District Court in Texas returned a $445 million verdict on Thursday, according to a court filing. The ruling was…
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U.S. Flash PMIs Signal Stronger Industry Growth in May
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The latest round of manufacturing and services PMI readings from the US economy reflected a faster pace of expansion for both sectors. May Flash Manufacturing PMI: 50.9 (50.0 forecast, 50.0 previous) May Flash Services PMI: 54.8 (expect 51.2, previous reading upgraded from 50.9 to 51.3) The S&P Global Manufacturing PMI…
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SEC Approves Spot Ethereum ETFs
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The US Securities and Exchange Commission (SEC) has just… consent The first batch of Ethereum (ETH) ETFs. These ETFs could have significant impacts across financial markets, given the popularity of the asset and the recognition that spot Bitcoin ETFs have been the fastest growing ETFs in the history of ETFs,…
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HPV vaccines prevent cancer in men as well as women, but fewer boys are getting the shots, new research suggests
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New research suggests that the HPV vaccine prevents cancer in men, as well as in women, but fewer boys than girls get vaccinated in the United States. The HPV vaccine was developed to prevent cervical cancer in women, and experts give credit to it, along with screening. Reducing cervical cancer…
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Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst
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Bitcoin is falling rapidly, look at the price action on the daily chart. Even after the impressive rally above $71,500 early this week, there should be a decisive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes that Bitcoin will rise sharply, reaching $80,000 by the end of…
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Once a giant, manufacturing now trails financial sector in Kenya GDP share
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In the 1980s, manufacturing in Kenya was so big that Daniel arap Moi’s government dared to join the car manufacturers’ league by commissioning the building of its own car. The plan failed because the exotic car, the Nyayo Pioneer, could barely move a kilometre, but the dream of building the…
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Charter brings Paramount+ to Spectrum TV customers in new carriage deal By Reuters
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(Reuters) – Paramount Global has signed a new multi-year content distribution agreement with Paramount Global. Charter Communications (NASDAQ:) for its entire portfolio of linear cable networks, the companies said Thursday. The two companies did not disclose financial terms of the deal, in which ad-supported versions of Paramount’s direct-to-consumer services, Paramount+…
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SEC Approves Ethereum Spot ETFs For Public Trading
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The US Securities and Exchange Commission (SEC) has officially given the green light for Ethereum ETFs to trade on national exchanges. Several 19b-4 applications to list the product were approved Thursday, just days after the Securities and Exchange Commission began quickly engaging with issuers on the issue in an unexpectedly…
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SEC Approves Ethereum Spot ETFs For Public Trading
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The US Securities and Exchange Commission (SEC) has officially given the green light for Ethereum ETFs to trade on national exchanges. Several 19b-4 applications to list the product were approved Thursday, just days after the Securities and Exchange Commission began quickly engaging with issuers on the issue in an unexpectedly…
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From C-Suite to Entrepreneur: Jeannette Linfoot’s Journey
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In 2018, Janet Linfoot made the bold decision to step down as CEO of Saga to build her own multi-million pound portfolio. Here, she shares with us her motivations, the lessons she has carried into her entrepreneurial ventures, and her views on the future economic landscape. Transition to entrepreneurship Why…
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Coinbase Resumes XRP Trading In New York Amidst Ripple’s Clash With SEC
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US-based cryptocurrency exchange Coinbase has taken a significant step by reopening XRP trading for New York users despite the decentralized platform’s ongoing legal dispute. ripple and the US Securities and Exchange Commission (SEC). The decision represents a bold move for Coinbase, which had previously suspended XRP trading following the SEC’s…
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Coinbase Resumes XRP Trading In New York Amidst Ripple’s Clash With SEC
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US-based cryptocurrency exchange Coinbase has taken a significant step by reopening XRP trading for New York users despite the decentralized platform’s ongoing legal dispute. ripple and the US Securities and Exchange Commission (SEC). The decision represents a bold move for Coinbase, which had previously suspended XRP trading following the SEC’s…
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Oil Executives Fuel Trump’s $40 Million Texas Fundraising Haul
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Breadcrumb links BMN Business Donald Trump raised $40 million from oil executives and other big-money donors in Texas, marking one of the most profitable days Wednesday for the presumptive Republican nominee as he seeks to close a fundraising gap with President Joe Biden. Article writer: Bloomberg News Mitchell Fairman and…
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UBS shifts stance on Swiss franc, now sees it as neutral By Investing.com
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UBS revised its outlook on the Swiss franc, adjusting the currency’s position from “least favourable” to “neutral”. This reassessment comes amid expectations that the US dollar will maintain its strength, with the possibility of intermittent increases in value. However, UBS does not expect a sharp rise or significant decline in…
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Bitcoin and Wall Street: Insights from Alex Thorn of Galaxy Digital
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At the recent MicroStrategy World: Bitcoin for Business conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and businesses. In an interview with Bitcoin Magazine, Thorne explored how Wall Street began to embrace Bitcoin, the dual nature…
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Mizrahi Tefahot posts NIS 1.27b profit, declares maximum dividend
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Mizrahi-Tefahot Bank released its first-quarter financials today, reporting a net profit of NIS 1.27 billion, 6.9% less than in the corresponding quarter of 2023, but 21% more than in the previous quarter, which was an unusually bad quarter. For all banks after the outbreak of war. The bank’s annual return…
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Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So
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Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 could be the level where the asset will see its next peak. Bitcoin MVRV pricing ranges can provide hints about what’s next In new mail At X, analyst Ali discussed what the Market Value to Realized…
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Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So
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Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 could be the level where the asset will see its next peak. Bitcoin MVRV pricing ranges can provide hints about what’s next In new mail At X, analyst Ali discussed what the Market Value to Realized…
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Blackrock’s IBIT set to outpace Grayscale as top bitcoin fund By Investing.com
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JP Morgan provided an analysis of the ownership structure of spot Bitcoin ETFs, revealing that institutional ownership is around 13% based on recent 13F filings for Q1 2023. Factoring in additional institutional investors not required to apply, such as junior managers and some investment advisors, the institutional ownership estimate rises…