Author: Investor Empires

  • US stocks pare gains as spiking yields on fading rate-cut bets offset Nvidia rally By Investing.com

    Investing.com — U.S. stocks gave up gains on Tuesday, after Treasury yields rose as data pointing to signs of steady inflation dampened interest rate cut hopes, offsetting Nvidia-led charges in technology stocks. At 14:28 ET (18:28 GMT), it was down 589 points, or 1.5%, while down 0.8%, and the heavy…

  • Coinbase resumes XRP trading in New York

    Cryptocurrency exchange Coinbase has resumed XRP trading in New York State once again after suspending it in 2021. Paul Grewal, chief legal officer at Coinbase, announced on X that XRP is now available for trading in the state. “We have listened to you and we have worked in strong partnerships…

  • Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target

    (Bloomberg) — Boeing Co. scrapped a plan to generate cash again this year and said it would suffer another big influx in the current quarter as the beleaguered planemaker fights on multiple fronts to bring production back into the system and ramp up deliveries. Most read from Bloomberg Brian West,…

  • Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target

    (Bloomberg) — Boeing Co. scrapped a plan to generate cash again this year and said it would suffer another big influx in the current quarter as the beleaguered planemaker fights on multiple fronts to bring production back into the system and ramp up deliveries. Most read from Bloomberg Brian West,…

  • CFI Named Official Sponsor of FIBA WASL Final 8 Basketball Tournament

    Online trading brokerage CFI will be the official partner of the ultimate FIBA ​​WASL (West Asia Super League) basketball tournament, a sporting event that brings together teams from Lebanon, Bahrain, Kazakhstan, Kuwait, Iran and India. The event, organized by FIBA, will take place from May 25 to June 1 in…

  • Bitcoin Mining Difficulty Adjusts Upward Amid BTC’s Recent Price Recovery

    Bitcoin mining difficulty saw a slight increase of 1.44%, to 84.38 trillion after a 5.9% decline to 83.14 trillion on May 9. This comes as BTC has seen a significant price rebound and has been hovering near its recently set peak above $70,000. High difficulty of Bitcoin Difficulty refers to…

  • Petrobras seen paying out full extra dividends in 2024, Brazil government says (NYSE:PBR)

    Joa_Souza/iStock via Getty Images not released The Brazilian government expects Petrobras (New York Stock Exchange: BBR) will Cash out all of its extraordinary profitsAccording to revenue forecasts for this year, Reuters reported late Wednesday. Petrobras (PBR) shareholders last month voted in favor of a 50% distribution of extraordinary shares The…

  • BofA projects EUR-USD to hit 1.12 by year-end, above consensus By Investing.com

    Bank of America (BofA) has released its forecast for the currency market, predicting that the EUR/USD exchange rate will reach 1.12 by the end of the year. The bank’s analysts expect most of the euro’s appreciation to occur in the second half of the year, and placed their forecasts above…

  • What’s new at PrimeXBT? Updated brand identity and new platform features

    PrimeXBT, the leading name in the cryptocurrency trading industry, has unveiled a complete overhaul of its brand, website and platform. This update reflects the broker’s mission of “democratizing the financial markets” and “making the all-in-one platform available to everyone,” regardless of experience level. Since its inception in 2018, PrimeXBT has…

  • What’s new at PrimeXBT? Updated brand identity and new platform features

    PrimeXBT, the leading name in the cryptocurrency trading industry, has unveiled a complete overhaul of its brand, website and platform. This update reflects the broker’s mission of “democratizing the financial markets” and “making the all-in-one platform available to everyone,” regardless of experience level. Since its inception in 2018, PrimeXBT has…

  • Venice’s ‘tourist tax’, labeled a ‘miserable failure,’ might not break even this year

    Faced with the risk of sinking and an economy crowding out local residents, Venice last month launched a measure that was as ambitious as it was controversial: a so-called “tourism tax” on day trippers. But after a few weeks, the floating city has done little to prove that it has…

  • Bitcoin ETPs Get Approval to List on the London Stock Exchange

    The UK Financial Conduct Authority (FCA) has approved asset management firm WisdomTree to list its Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). BREAKING: ?? FCA approved #Bitcoin Listing of publicly traded products on the London Stock Exchange. Gradually then suddenly ? pic.twitter.com/hMjN24qRMl – Bitcoin Magazine…

  • Bitcoin ETPs Get Approval to List on the London Stock Exchange

    The UK Financial Conduct Authority (FCA) has approved asset management firm WisdomTree to list its Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). BREAKING: ?? FCA approved #Bitcoin Listing of publicly traded products on the London Stock Exchange. Gradually then suddenly ? pic.twitter.com/hMjN24qRMl – Bitcoin Magazine…

  • Missing Kenyan Climber Cheruiyot Kirui found dead on Mount Everest

    A daring mission by a Kenyan hiker to climb Mount Everest, the world’s tallest mountain, has ended in death. Mr Cheruiyot Kirui, an accomplished climber who has summited Mount Kenya more than 10 times, disappeared above 8,000m on Mount Everest on Wednesday. He was found dead in Mount Everest’s “death…

  • Photronics posts steady Q2 sales despite challenges By Investing.com

    Photronics , Inc. (NASDAQ:), a global leader in photomask manufacturing, reported a modest increase in second-quarter sales to $217 million, overcoming temporary market softness and an earthquake in Taiwan. The company experienced a slight disruption, with a $3 million reduction in sales attributed to the earthquake’s impact on production. However,…

  • Bitcoin Eyes Repeat Performance, Could Hit $140,000 By August

    Recent Bitcoin analyzes and forecasts from leading experts highlight the likely path of the price of the top crypto assets in the coming months, with an eye on 2024 and beyond. Related reading Market insights and price forecasts for Bitcoin As the cryptocurrency community eagerly awaits the future of Bitcoin,…

  • CMA Considers Capping Vet Prescription Fees Amid Sector Probe

    The UK Competition and Markets Authority (CMA) is considering capping veterinary prescription fees as it digs deeper into the sector to address concerns that pet owners are being overcharged for treatment. The CMA’s formal investigation comes after it received 56,000 responses from pet owners, vets and charities following a review…

  • B2C2 Joins Swissquote to Enhance Cryptocurrency Trading Liquidity

    Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion on “Regulation, Trust and the Future of Trade in Africa” Panel discussion…

  • US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto

    In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…

  • US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto

    In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…