Author: Investor Empires
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WestJet’s Sunwing deal adds more flights to Latin America, Caribbean
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Article content Canadian travel company WestJet Airlines Ltd. plans to… To increase its presence in Latin America and the Caribbean and offer aircraft with larger seats after purchasing a competitor. WestJet, owned by private equity firm Onex Corp., completed the acquisition last year of low-cost carrier Sunwing Airlines and Sunwing…
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Morgan Stanley sets EUR/GBP target at 0.82 on policy divergence By Investing.com
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Morgan Stanley has outlined its foreign exchange strategy, recommending investors take short positions in the currency pair, setting a target of 0.82. The company’s analysis suggests that this trade is likely to benefit from a combination of attractive adjusted volatility and an expected pick-up in UK economic growth momentum. Morgan…
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What is Fetch.ai (FET)? Guide to History, Uses, and Future Trends
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Are you interested in the history of the Fetch.ai project, what is the use of Fetch.ai? This article will go into detail about how fetch.ai works, the history of the project, and how to purchase the token. What is Fetch.ai? Fetch.ai (FET) is a project that makes personalized AI services…
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Elbit Systems conundrum: Rising orders, falling stock
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Defense budgets around the world are rising, and defense companies are benefiting from the growing demand for their products. Elbit Systems (TASE: ESLT, Nasdaq: ESLT) also continues to report large contracts. Its backlog of purchase orders reached a record $17.8 billion at the end of last year, and just this…
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FOMC May Meeting Minutes Highlighted Members’ Concerns Over Persistent Inflation
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As expected, the Federal Open Market Committee (FOMC) kept interest rates unchanged at 5.25-5.50% during its May meeting. At that time, members also agreed to slow the pace of reducing bond holdings on their balance sheet, leading to a slight easing of monetary policy. But the meeting minutes printed this…
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ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)
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Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…
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ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)
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Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…
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Modine stock upgraded by Oppenheimer on growth drivers By Investing.com
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On Thursday, Oppenheimer maintained an outperform rating on Modine Manufacturing (NYSE:) stock and increased its price target to $110 from $105. The revision follows Modine’s mixed Q4 FY2024 results and FY2025 guidance compared to consensus expectations. Despite early trading lows on Wednesday, the company’s shares rose due to several factors…
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Sweeping FIT21 Crypto Bill Passes
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The Congress Passed The Financial Innovation and Technology for the 21st Century (FIT21) Act passed by 279 to 136. The bill, seen as a major win for the cryptocurrency industry, aims to create a long-awaited regulatory framework for digital assets in the United States. FIT21: Bipartisan support, but hurdles remain…
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European chipmakers gain after Nvidia posts soaring revenues By Investing.com
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Investing.com – Shares of European chipmakers rose on Thursday, boosted by quarterly results from AI-focused semiconductor group Nvidia (NASDAQ:) that beat high expectations. Nvidia’s revenue in the three months through April 28 rose 262% from a year ago to $26 billion, beating Wall Street estimates of $24.7 billion. In the…
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OP_CAT and the Infinite Nothing
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introduction You may have heard about re-enabling OP_CAT as a potential upgrade to Bitcoin’s script language. Depending on where you get the news, OP_CAT has been called “only 10 lines of code”, “best way to enable test covenants”, “very powerful”, “dangerous and leads to centralization of miners”, or “guaranteed to…
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European markets mixed as traders digest Fed minutes (EUR:USD)
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Caithpins/E+ via Getty Images LONDON (UKX) -0.19% UK Composite PMI fell to 52.80 points in May Germany (DAX:IND) +0.19% Germany’s composite manufacturing PMI beat expectations in May France (CAC:IND) +0.27% HCOB France Services PMI fell to 49.4 in May The Eurozone Services PMI (HCOB) reached 53.3 maybe. European STOXX 600…
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Bad Trader App Integrates TipRanks Data for Investment Research
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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…
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Analysts Predict A Breakout At $71,500
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Bitcoin, the world’s most popular cryptocurrency, appears to be poised for a big move, but the trend is still shrouded in mystery. Analysts are divided on whether there is an upward breakout or an extended consolidation period ahead. Related reading Reaching new highs: Exhilarating bulls on the horizon? Popular cryptocurrency…
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Nvidia shares jump 4% as the AI boom fuels another blockbuster quarter and better-than-expected forecast
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Nvidia Corp, the chipmaker at the center of the AI boom, gave another upbeat sales forecast, showing that spending on AI computing remains strong. The company said on Wednesday that second-quarter revenues will reach about $28 billion. Analysts on average expected $26.8 billion, according to data compiled by Bloomberg. Results…
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Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar hovered near a one-week high on Thursday after its best day this month against its major counterparts after minutes of the Federal Reserve’s latest meeting revealed some officials were prepared to raise interest rates. The New Zealand dollar continued to rise…
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Borroe Finance emerges as a strong contender while WIF, TON lag behind
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Borroe Finance (ROE) is showing promising potential amid the market rally, while Dogwifhat and Toncoin are struggling. Dogwifhat (WIF) is among the few hype-based coin offerings that have been…
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France topples China on loans as President Ruto looks West
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France and Germany have overtaken China in budgeted loans from rich countries for the new year that begins in July, highlighting President William Ruto’s realignment with the West in a foreign policy shift from that of his predecessors. In its budget books, the Treasury listed France as the largest bilateral…
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Daily Broad Market Recap – May 22, 2024
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Foreign exchange rate fluctuations increase with the release of high-level economic reports from major economies! Meanwhile, minutes from the Fed’s May meeting supported a “higher for longer” interest rate environment in the US and supported the US dollar against some of its usual asset counterparts. We have details on the…