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Siemens Non-GAAP EPS of €2.66, revenue of €18.9B; reaffirms FY24 outlook
Siemens press release (OTCPK:SIEGY): Q3 non-GAAP EPS of €2.66. Revenue amounted to €18.9 billion (+4.2% year-on-year). Third-quarter revenue increased by 5% on a like-for-like basis. On a nominal basis, revenues rose 4% to €18.9 billion; orders fell 16% to €19.8 billion, but outpaced revenues by a book-to-bill ratio of €1.2…
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Chart Art: EUR/NZD Double Top Forming
The EUR/NZD pair appears to have finished its uptrend, as the pair is forming a reversal pattern on the 4-hour time frame. Will we see confirmation soon? EUR/NZD currency pair on the 4-hour chart Chart by TradingView After two failed attempts to break the resistance at the key psychological level…
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Steve Mnuchin calls for a culling of the 20-year Treasury bond he reintroduced
It only takes a quick glance at the US bond curve to realize that something is wrong. One US Treasury bond – the 20-year note – is out of step with the rest of the market. It is hovering at yields much higher than those of the bonds around it…
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Ethereum Price Shows Weakness: Can It Overcome The Struggles?
Ethereum price failed to continue rising above the resistance area at $2,550. Ethereum is now consolidating near $2,450 and showing some bearish signs. Ethereum started a recovery wave above $2,400 and $2,420 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. There was a…
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Ethereum Price Shows Weakness: Can It Overcome The Struggles?
Ethereum price failed to continue rising above the resistance area at $2,550. Ethereum is now consolidating near $2,450 and showing some bearish signs. Ethereum started a recovery wave above $2,400 and $2,420 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. There was a…
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Crickets, flies and fortune – Business Daily
After graduating with a degree in Food and Agriculture from HAS Green Academy in the Netherlands, Talash Huijpers returned to Kenya on a fish farming mission. “But I realized that we couldn’t produce enough fish because of the high cost of feed. The most expensive part of feed is protein,…
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Asian stocks fall as growth jitters persist, Nikkei rebound fades By Investing.com
Most Asian stocks fell on Thursday as the recovery in Japanese markets stalled amid lingering concerns about slowing economic growth and higher interest rates, while technology stocks saw an extended decline. Regional markets got a negative boost from a weak session overnight on Wall Street, as the recovery from multi-month…
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How to Change Mobile Number in Kotak Mahindra Bank?
Changing your mobile number with Kotak Mahindra Bank? Let me tell you, it’s quite the adventure! I recently went through this process, and boy, did I learn a thing or two. It all started when I switched phone carriers for a better deal. New carrier, new number – exciting stuff,…
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Unizen Hacker Moves $2.1 Million To Tornado Cash
The cryptocurrency world has become a battleground for digital financial crimes, with hackers and thieves constantly seeking new ways to exploit vulnerabilities and drain funds. One of the latest incidents in this ongoing saga is the Unizen hacker, who recently transferred a staggering $2.1 million in stolen assets to the…
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NHS IT firm faces £6m fine over medical records hack
A software provider is facing a potential £6m fine following a 2022 ransomware attack that disrupted NHS and social care services across England. The Information Commissioner’s Office (ICO) has provisionally concluded that Advanced Computer Software Group did not implement adequate measures to protect the personal data of 82,946 people affected…
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RBI’s firm grip to keep rupee anchored in narrow range: Reuters poll By Reuters
By Anant Chandak and Vivek Mishra BENGALURU (Reuters) – The outlook for the Indian rupee is little changed from last month as interventions by the Reserve Bank of India keep the currency, considered expensive compared to peers, in a narrow range, a Reuters poll of foreign exchange analysts showed. A…
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Fairshake to spend $25m on ads for 18 US House candidates
Fairshake, a prominent cryptocurrency-focused political action committee, plans to invest $25 million in television advertising campaigns to support 18 House candidates from both parties. According to Fairshake spokesperson Josh Vlasto and Fox Business correspondent Eleanor Terrett, the effort highlights the growing bipartisan consensus around the importance of crypto and blockchain…
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Wilmington Announces Voting Results from Special Meeting of Shareholders
Article Content CALGARY, Alberta, Aug. 7, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (TSX: WCM.A, WCM.B) (“Wilmington” or the “Company”) today announced the positive vote of Wilmington shareholders (“Shareholders”) at this morning’s special meeting of shareholders (“Special Meeting”) held in person, to approve the previously announced transaction resolution. 8,341,129…
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Daily Broad Market Recap – August 6, 2024
A bit of calm has returned to the financial markets over the past few trading sessions, but we are still seeing significant movements between some major currencies and asset classes. Bitcoin saw a big rebound, closing up around 5% on the day while Treasury yields also made good gains. Here’s…
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Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
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Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
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Israels forex reserves rise sharply
Israel’s foreign exchange reserves rose from $204.665 billion to $213.634 billion over the past 12 months, slightly below the record foreign exchange reserves of $213.731 billion in March 2024. The Bank of Israel reported that Israel’s foreign exchange reserves at the end of July 2024 amounted to $213.634 billion, an…
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BOJ Summary – one monetary policy board member suggested the neutral rate is at least 1%
Summary of the Bank of Japan’s views at the monetary policy meeting on July 30-31 Many members see economic activity and prices developing in line with the BOJ’s expectations. Some see scope for raising “very low” interest rates, pointing to negative real interest rates at 25-year lows. Opinions divided on…
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Democrats Launch “Crypto for Harris” to Rival Trump’s Crypto Appeal: FOX Business
In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched a “Crypto for Harris” campaign, according to FOX Business. Eleanor Terrett Reported Today. The initiative, led by a Kamala Harris advocacy group, aims to mobilize support from crypto-friendly voters for Vice President Harris…