Author: Investor Empires
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Auto theft crisis deepens as insurance claims top $1.5 billion
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Article content Canada’s auto theft crisis is worsening, with insurance claims costs exceeding $1.5 billion for the first time. New data from the Insurance Bureau of Canada (IBC) shows insurance providers handled 49,679 claims related to stolen vehicles in 2023, with costs exceeding $1.54 billion for the year. Overall, the…
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Sky Harbour Reports Positive Outlook in Q1 Earnings By Investing.com
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Sky Harbour (ticker not provided), a company specializing in airport infrastructure, reported a strong start to 2024 in its first-quarter earnings call. The company announced increased revenues, with expectations for further growth in the second quarter as their three campuses are fully leased. The CEO, Tal Keinan, detailed plans for…
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Top cryptocurrencies to watch this week: SOL, BONK, FTM
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Top cryptocurrencies showed a strong recovery last week. The global market value increased by 7% to reach $2.41 trillion. This increase reflects a $160 billion increase in valuation, driven by significant gains in most leading cryptocurrencies. Here are our picks for the top cryptocurrencies to watch this week: SOL, BONK…
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Analytics co Glassbox sold at 57% loss to TASE investors
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Another company from the 2020-2021 technology flotation wave reached the end of the road on the stock exchange with a painful loss for investors. The company in question this time is Glass box (TASE:GLBX), which provides browsing data analytics for websites and smartphone applications. The company stated that it will…
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Ontario’s ‘Crypto King’ Arrested in Alleged $30 Million Ponzi Scheme
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Ontario’s “crypto kingpin” Aiden Blitrski has been arrested and charged with fraud and money laundering in connection with an alleged Ponzi scheme following one of the most comprehensive fraud investigations the region has ever seen. The 25-year-old and his 27-year-old accomplice, Colin Murphy, are alleged to have stolen nearly $30…
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Robbins Geller Rudman & Dowd LLP Announces that Inari Medical, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit By Investing.com
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SAN DIEGO, May 19, 2024 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dodd LLP Announces that purchasers of shares of Inari Medical, Inc. (NASDAQ: NARI) common stock between February 24, 2022 and February 28, 2024, including both dates (the Class Period), they have until May 13, 2024 to seek appointment…
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Robbins Geller Rudman & Dowd LLP Announces that Inari Medical, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit By Investing.com
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SAN DIEGO, May 19, 2024 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dodd LLP Announces that purchasers of shares of Inari Medical, Inc. (NASDAQ: NARI) common stock between February 24, 2022 and February 28, 2024, including both dates (the Class Period), they have until May 13, 2024 to seek appointment…
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Dollar set for weekly drop on US slowdown signs By Reuters
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Written by Tom Westbrook SINGAPORE (Reuters) – The dollar headed for its biggest weekly decline against the euro in two-and-a-half months on Friday as signs of slowing inflation and a slowing U.S. economy raised the prospect of an interest rate cut. The euro rose 0.9% against the dollar this week,…
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Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s Fate
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With the value of Bitcoin skyrocketing and Wall Street moving like a hawk, the US cryptocurrency industry is holding its breath as a crucial vote in Washington approaches next week. The Financial Innovation and Technology for the 21st Century Act, or Fit21, could reshape the regulatory landscape for digital assets,…
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Here’s 1 Artificial Intelligence (AI) Stock to Buy in May and Hold Forever
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One of the biggest metrics of the AI revolution is… Microsoft (NASDAQ:MSFT). The Windows developer has launched the AI craze after a major investment in… OpenAI In January 2023. OpenAI is the maker of ChatGPT, a popular large language model (LLM) capable of writing articles, producing code, and even generating…
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Premium Forex Watch Recaps: May 13 – 17, 2024
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Global inflation updates and Fed talk were the main drivers this week, with a few high-level country-specific economic events creating opportunities as well, including Australian jobs data and the US CPI. Out of six discussions, Only two scenario/price forecasts saw both financial and technical arguments raised To become a potential…
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Price Explodes Past $67,000 As Investor Confidence Returns
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The cryptocurrency market has been rocked by turmoil over the past year, but Bitcoin is now seeing a notable comeback, surpassing the $67,000 mark for the first time since late 2023. This unexpected rise has excited the Bitcoin community, sparking widespread optimism and a sense of renewed hope among investors.…
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6% of global nickel output at risk as turmoil hits New Caledonia
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There is definitely some drama in the base metals market right now. Copper has reached record levels due to supply shortages, and now nickel prices are rising, partly due to violent protests in New Caledonia. France’s Pacific region has seen a wave of riots after a proposed amendment to the…
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‘team alleges I stole $2m’
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The alleged mastermind behind the Solana memecoin Pump.fun protocol exploit has been arrested in London. according to Block worksCiting sources familiar with the operation, British authorities arrested Garrett Dunn, a former contractor known online as @STACCoverflow, in the early hours of May 18. The arrest is said to have come…
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Joe Biden offers most direct recognition to U.S. students about campus protests over Gaza, telling Morehouse graduates ‘your voices should be heard’
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President Joe Biden on Sunday told a graduating class at Morehouse College that he heard their voices of protest over the war between Israel and Hamas, and that the scenes of conflict in Gaza were heartbreaking. “I support peaceful, peaceful protest,” he told the students, some of whom wore keffiyehs…
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Joe Biden offers most direct recognition to U.S. students about campus protests over Gaza, telling Morehouse graduates ‘your voices should be heard’
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President Joe Biden on Sunday told a graduating class at Morehouse College that he heard their voices of protest over the war between Israel and Hamas, and that the scenes of conflict in Gaza were heartbreaking. “I support peaceful, peaceful protest,” he told the students, some of whom wore keffiyehs…
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Here’s How to Unlock the Secrets of the Investment Titans By Investing.com
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In the ever-evolving landscape of stock market investing, gaining insights from the strategies of legendary investors has long been a desirable aspiration. Now, with InvestingPro+’s groundbreaking feature, Insights, investors can view the portfolios of some of the world’s most famous names, including Warren Buffet, Ray Dalio, and more. What sets…
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Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant
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The price of Bitcoin (BTC) rose beyond the $60,000 level to the $67,000 region on news of a lower-than-expected inflation rate in the United States. According to the latest weekly CryptoQuant a reportBitcoin’s recent rally has also been sustained by the recent decline in selling pressure. However, the demand for…
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Why world must call out Banga hype at the Springs
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Less than a year ago, former MasterCard CEO Ajay Banga was chosen in a surprise move to head the World Bank. Putting a Wall Street player addicted to profits in charge of a development institution that claims to help lift poor countries out of underdevelopment seemed inappropriate. Because many view…