Category: Hits
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Dollar hits four-week high before Wednesday’s inflation report By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar hit a four-week high on Tuesday ahead of an upcoming inflation report that is likely to influence the timing of the Federal Reserve’s first interest rate cut, while the euro came under pressure due to political uncertainty. In the region.…
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Sterling hits 22-month high against bruised euro By Reuters
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LONDON (Reuters) – The pound hit its highest level in almost two years against the euro on Monday, although it fell against the dollar as the single currency fell after French President Emmanuel Macron called early elections after his defeat in a pro-European Union vote before parliament. Far right. The…
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Nvidia hits $3 trillion, making CEO Jensen Huang richer than Michael Dell
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Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s richest people, with the market value of his computer chip maker reaching $3 trillion. Huang achieved another milestone on Friday, surpassing PC pioneer Michael Dell to become the world’s 13th richest person with a net worth of $106.1…
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Wall Street mixed as Nvidia retreat hits tech stocks; payrolls data in focus By Reuters
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By Lisa Pauline Mattkal and Johan M. Cherian (Reuters) – Wall Street struggled for direction on Thursday as artificial intelligence favorite Nvidia (NASDAQ:) fell after a tech-led rise in the previous session, and investors awaited a key labor market report before the Federal Reserve meets next week to decide on…
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Nvidia Hits a $3 Trillion Market Cap Ahead of Its 10-for-1 Stock Split. Here’s What’s Next for Investors.
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Nvidia (Nasdaq: NVDA) Stocks made headlines on Wednesday when they became the third U.S. public company to cross the $3 trillion market capitalization threshold. In January 2022, apple He was the first to achieve this remarkable feat, and he was followed by others Microsoft In January 2024. A growing group…
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Dollar steady ahead of inflation data, yen hits 4-week low By Reuters
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Written by Ankur Banerjee SINGAPORE (Reuters) – The dollar received support on Wednesday thanks to growing expectations that the Federal Reserve (U.S. central bank) is unlikely to cut interest rates until later this year ahead of crucial inflation readings this week, while the yen drifted to its weakest levels in…
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NatWest Tells Customers to Visit Branches as Outage Hits Online Banking
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NatWest has issued an apology to customers following a service outage that made the app and online banking inaccessible. Customers began reporting issues early Tuesday morning, with many unable to log into their accounts via the smartphone app. When trying to open the app, users received an error message saying:…
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Hawaiian Electric hits back at Maui County over Lahaina blaze (NYSE:HE)
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Hawaii Electrical Industries (New York Stock Exchange: Yes) said Friday it was not responsible for the deadly fire that destroyed the historic city of Lahaina, and Maui County should take responsibility, Bloomberg News reported. The utility filed a countersuit alleging that the local… The government neglected to clear vegetation, did…
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Asia FX nurses losses as dollar hits 10-day high on easing rate cut bets By Investing.com
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Investing.com — Most Asian currencies fell on Friday and suffered sharp losses against the dollar, as hawkish signals on inflation and interest rates led traders to price in expectations of interest rate cuts in 2024. Sentiment towards Asian markets was also shaken by signs of a renewed trade war between…
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Singapore Airlines flight hits severe turbulence, one passenger dead, dozens injured By Reuters
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Written by Chayut Situboonsarng and Pano Wongcha Om BANGKOK (Reuters) – One passenger died of a suspected heart attack and 30 others were injured after a Singapore Airlines plane ran into severe turbulence on Tuesday, flinging passengers and crew around the cabin and forcing the plane to land in Bangkok.…
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Genesis Hits the Wall with $2 Billion Settlement, Shown the Door in New York
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Fmas: 24 | catch a glance Fmas: 24 | catch a glance Fmas: 24 | catch a glance Fmas: 24 | catch a glance Fmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…
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BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon?
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BNB price started a downward correction from the $585 area. The price must remain above $570 to start a new increase in the near term. BNB price started a new decline after it failed to cross the $585 resistance area. The price is now trading below the $580 level and…
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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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Electric mobility has ‘won the race’ but Volkswagen hits brakes on EV strategy
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Volkswagen AG’s comprehensive electric vehicle plan no longer exists. VW’s namesake brand, which has made its ID family of electric vehicles a staple of its future, I confess Last week you’ll need more hybrid cars as electric car sales slow. This represents the latest tweak VW has made to its…
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Dow hits 40,000 for the first time on Fed rate cut hopes
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The Dow Jones Industrial Average surpassed 40,000 points for the first time on Thursday as investors grew more confident that the stock market’s rally could continue on hopes that the Federal Reserve will begin cutting interest rates later this year. The oldest of Wall Street’s three major stock indexes has…
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Safaricom maintains dividend as profit hits Sh63bn
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Safaricom maintained a dividend of Sh1.20 per share at Sh48.08 billion after net profit grew by 1.2 percent to Sh62.99 billion. The telecom company announced on Thursday that its board of directors has recommended a final dividend of Sh0.65 per share amounting to Sh26.04 billion to be in addition to…
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Crypto.com Hits 100 Million User Milestone, Credits Marketing Campaigns
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Crypto.com has reached a new milestone by surpassing 100 million global users, marking a major achievement for the company since its inception in 2016. The cryptocurrency exchange attributes this achievement to its recent marketing campaign, which included partnerships with well-known personalities, places and celebrities. Events. Partnerships drive Crypto.com Some of…
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Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com
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Investing.com — The Japanese yen rose on Friday, with the USD/JPY pair hitting a three-week low after sharp declines this week that traders largely attributed to government intervention. The pair, which measures the amount of yen needed to buy one dollar, was trading 0.2% higher at 153.34 yen. It had…
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Kraken’s CF Benchmarks hits 50% dominance on crypto ETF market
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Kraken’s CF Benchmarks achieve dominance in the cryptocurrency ETF market with $24 billion worth of benchmark data, and are poised to expand amid an unprecedented surge in demand. CF Benchmarks, a subsidiary of cryptocurrency exchange Kraken, is making big gains from this year’s rise in bitcoin exchange-traded funds (ETFs). The…
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Sealana Dives into Solana Sea While Dogeverse Presale Hits $13M
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The cryptocurrency market rose 2.5% on Thursday, indicating a bullish month of May. On the meme side of the market, silana (torrent) And DOGEVERSE Take center stage. Sealana is an overweight patriotic American seal who is desperate to get out of his mother’s basement. The Sealana pre-sale launched to a…