Category: billion
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Newmont reports $4.4 billion in revenue By Investing.com
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Newmont Corporation (NYSE: NEM), one of the world’s leading gold producers, reported robust operational and financial results for the second quarter of 2024. The company’s focus on safety, sustainability, and strategic asset management has paid off with a reported $4.4 billion in revenue and an average realized gold price of…
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Rural electricity scheme losses up to Sh56 billion
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The Rural Electrification Scheme, a non-profit scheme set up by the government in 1973 to expand power access to the rural poor, has accumulated losses of Sh55.9 billion, threatening its sustainability. The plan, run by Kenya Power on behalf of the government, has projected a loss of Sh9.87 billion in…
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Ethereum ETFs Debut With Blockbuster $1 Billion Trading Volume
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Source: bitcoin.com Highly anticipated launch The number of Ethereum-based exchange-traded funds (ETFs) in the United States has set a new benchmark for the cryptocurrency ecosystem. In their market debut, these Ethereum-based ETFs collectively raised over $1 billion in trading volume, highlighting the massive demand from investors to gain exposure to…
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NBA scores $76 billion deal with Amazon, Comcast, and Disney
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The National Basketball Association has announced new long-term television deals with Walt Disney Co., Comcast and Amazon.com Inc., rejecting efforts by Warner Bros. Discovery Inc. to retain decades-old broadcast rights. The combined agreements are expected to generate $76 billion in league fees over its 11-year history — nearly triple the…
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Expats in Kenya wire out record Sh87 billion
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Expatriates living and working in Kenya sent a record Sh86.99 billion back to their home countries in the year ending December 2023, data has shown, underscoring the improving wealth of foreigners in the country. The amount – equivalent to Sh7.25 billion monthly – represents a 24.3 percent increase from the…
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Musk launches poll asking if Tesla should invest $5 billion in xAI By Reuters
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
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Spot Ethereum ETFs Will Draw $1.2 Billion Monthly: Research Firm
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Ethereum spot ETFs are set to launch in the US on Tuesday, July 23, with forecasts indicating potential monthly inflows of $1.2 billion. climate forecast It comes from ASXN, a research company specializing in crypto finance analysis. US Ethereum ETFs Could Surprise Everyone At the heart of the ASXN analysis…
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ExxonMobil Is a Rock-Solid Dividend Stock, but So Is This Dirt Cheap Value Stock That Paid $1.8 Billion in Dividends Over the Past Year
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In addition to being the most valuable energy company in the United States, Exxon Mobil It is a consistent dividend payer, with more than 42 consecutive years of increased paymentsWith its diversified business model and sufficient cash flow to invest in organic growth, acquisitions and energy transformation, Exxon and its…
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Inheritance tax receipts hit £2.1 billion in three months
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Figures released by HMRC this morning showed inheritance tax revenues hit £2.1 billion between April and June in the 2024/25 tax year. This is £83m more than the same period last year, continuing a two-decade trend of increased revenues. The previous full tax year saw total inheritance tax revenues of…
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Investors count on earning to calm $900 billion US tech rout By Reuters
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By Louis Krauskopf NEW YORK (Reuters) – With earnings season in full swing, bullish investors are hoping strong corporate results will halt a slide in technology stocks that has slowed U.S. stocks this year. The S&P 500 technology sector has fallen about 6% in just over a week, losing about…
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D.R. Horton’s home sales forecast, $4 billion buyback send shares to record high By Reuters
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By Ananta Agarwal (Reuters) – D.R. Horton Inc cut its annual home sales forecast and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supply supported demand despite higher mortgage rates, sending its shares to a record high. The largest U.S. homebuilder by sales volume now…
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US treasury auctions off $13 billion of 20 year bonds at a high yield of 4.466%
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High return 4.466% (last month was slightly lower at 4.452%) WI level at auction time 4.467% Tail -0.1 bp vs 6-month average -0.6 bp Coverage offered at 2.68X vs. 6-month average of 2.63X Traders 8.47% vs. 6-month average 12.1% Directed 14.32% vs. 6-month average of 18.2% Indirect 77.2% vs. 6-month…
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Mt. Gox Moves 47,229 BTC Worth $3 Billion, Where Are The Coins Headed?
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The impending Bitcoin distribution from Mt. Gox has been looming over the crypto market ever since the order to begin repaying creditors was issued. Given the massive amount of Bitcoin in Mt. Gox’s vault, the distribution is expected to put massive selling pressure on the asset. Now that the coins…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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Mt. Gox Moves $6 Billion Worth of Bitcoin
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The rehab trustee of now-defunct Mt. Gox exchange moved more than $6 billion worth of bitcoin Tuesday morning as it took further steps toward repaying creditors. Latest News: Mt. Gox Moves 95,870 #Bitcoin Worth $6 billion to unknown addresses ? pic.twitter.com/duCIiVPcsK — Bitcoin Magazine (@BitcoinMagazine) July 16, 2024 Data on…
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This Is The Latest Ethereum Layer 2 Protocol to Surpass the $1 Billion TVL Mark
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Scroll, a ZK rollup layer 2 network, has surged 23% in value over the past seven days to a total value of $1.03 billion, according to data from L2Beat. Meanwhile, the total value locked across all Ethereum 2 layers increased by 12.04% over the past week to $42.04 billion. Scroll…
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This Is The Latest Ethereum Layer 2 Protocol to Surpass the $1 Billion TVL Mark
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Scroll, a ZK rollup layer 2 network, has surged 23% in value over the past seven days to a total value of $1.03 billion, according to data from L2Beat. Meanwhile, the total value locked across all Ethereum 2 layers increased by 12.04% over the past week to $42.04 billion. Scroll…
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Atos secures funding of $1.82 billion to restructure its debt By Reuters
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French IT company Atos said on Monday it had secured 1.675 billion euros ($1.82 billion) in financing to restructure its debt through a closing agreement with a group of banks and bondholders representing more than 50% of its creditors. Atos said the remaining creditors have until July 22 to participate…