Category: Investor
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Indian investor kidnaps BitConnect employees to recover losses
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An Indian man allegedly kidnapped two men involved in the $2.4 billion BitConnect Ponzi scheme to recoup losses. Shailesh Babulal Bhatt was an investor in BitConnect Coin, a token that is traded as the platform’s native cryptocurrency, according to statement From the Indian Enforcement Directorate, Bhatt, along with his accomplices,…
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Polkadot (DOT) Investor Confidence Falls As Token Loses 16%
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Polkadot’s value has been at its lowest levels since last month as investors and traders pull out of the market. According to Queen GeckoThe token has fallen by more than 16% in the past two weeks. With bears in control of the market, Polkadot’s short-term gains could be at risk.…
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Polkadot (DOT) Investor Confidence Falls As Token Loses 16%
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Polkadot’s value has been at its lowest levels since last month as investors and traders pull out of the market. According to Queen GeckoThe token has fallen by more than 16% in the past two weeks. With bears in control of the market, Polkadot’s short-term gains could be at risk.…
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Daily stock market review: mixed trends and sector performances highlight cautious investor sentiment
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Stock Heat Map from FinViz.com Friday, August 16, 2024 13:46:07 GMT Daily Stock Market Review: Mixed Trends, Sector Performance Highlight Cautious Investor Sentiment The US stock market today shows a diverse panorama, displaying a mix of trends and sentiment across different sectors. The heat map provides a clear glimpse into…
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Southwest investor asked the board to dump its CEO over the airline’s struggles. Now it wants to oust the board.
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Elliott Management Inc. is planning to nominate a slate of candidates for Southwest Airlines Co.’s board of directors, adding to activist investor pressure for sweeping changes at the struggling airline, according to a person familiar with the matter. Elliott will nominate up to 10 directors and call a special investor…
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Akash Network Price Moves Up 20%, Boosting Investor Confidence
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The value of Akash Network (AKT) has surged again as the platform gains investor interest in the decentralized cloud computing landscape. According to quinjicoThe token has risen 20% since last week as fear, uncertainty and doubts that plagued the market recede. Related reading The platform is slowly expanding its operations…
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Goldman Sachs’ fund division to leave climate investor group By Reuters
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By Ian Withers and Simon Jessop LONDON (Reuters) – Goldman Sachs Fund Management is to withdraw from investor outreach group Climate Action 100+, joining other financial services firms that have pulled out amid a political backlash in the United States. Members of global climate-focused coalitions in the United States have…
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Investor Momentum Sparks 21% Rally
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Injective starts its day with a bang as INJ, the platform’s native token, got More than 12% in the last 24 hours. This can be attributed to the market sudden Share prices rose, supported by a market value that rose more than 6% after falling earlier this week. Related reading…
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Investor Momentum Sparks 21% Rally
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Injective starts its day with a bang as INJ, the platform’s native token, got More than 12% in the last 24 hours. This can be attributed to the market sudden Share prices rose, supported by a market value that rose more than 6% after falling earlier this week. Related reading…
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Investor to buy Sh500m stake in Transmara’s Angata Sugar Mills
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An investor is set to acquire a 40 percent stake in Angata Sugar, which is developing a milling plant at Moiwi in Trans Mara, Narok County, disclosures show. Sources familiar with the deal said Savannah Crest (KE) Limited will pay about Sh500 million for the stake in Angata Sugar, and…
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Whale Alert: Shiba Inu Investor Moves $10M into Mpeppe (MPEPE) and BlockDAG (BDAG)
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In the ever-evolving cryptocurrency market, big moves by large investors, or “whales,” often signal emerging trends and opportunities. Recently, a whale known for his large Shiba Inu (SHIB) holdings made headlines by transferring a staggering $10 million into Mpeppe (MPEPE) and BlockDAG (BDAG). This strategic move highlights the growing confidence…
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Whale Alert: Shiba Inu Investor Moves $10M into Mpeppe (MPEPE) and BlockDAG (BDAG)
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In the ever-evolving cryptocurrency market, big moves by large investors, or “whales,” often signal emerging trends and opportunities. Recently, a whale known for his large Shiba Inu (SHIB) holdings made headlines by transferring a staggering $10 million into Mpeppe (MPEPE) and BlockDAG (BDAG). This strategic move highlights the growing confidence…
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Investor says files liquidation petition in China against Evergrande unit By Reuters
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HONG KONG (Reuters) – An investor has applied to a Chinese court to liquidate a key unit of a debt-laden property developer in China. Evergrande (Hong Kong): According to a securities filing made by the petitioner on Wednesday. The investor — Vanward, a Shenzhen-listed electrical appliance maker — cited a…
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ZKX shutdown sparks investor outrage, Amber Group responds
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The sudden shutdown of ZKX, a social derivatives trading platform on the Starknet layer 2 network, has angered investors and market makers alike. Project founder Edward Jobani Tor announced the project’s closure on July 30, citing economic inadequacy as the primary reason. However, the sudden decision and the lack of…
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ZKX shutdown sparks investor outrage, Amber Group responds
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The sudden shutdown of ZKX, a social derivatives trading platform on the Starknet layer 2 network, has angered investors and market makers alike. Project founder Edward Jobani Tor announced the project’s closure on July 30, citing economic inadequacy as the primary reason. However, the sudden decision and the lack of…
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Intel leads chip stocks decline after results, outlook weighs on investor sentiment
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Sefa Ozil Intel CorporationNASDAQ:INTC) chip stocks fell Friday after the company’s second-quarter results and guidance rattled investors and analysts alike. arm (army) -8%Micron (MU) technology -7%semiconductors (ON) -5%Taiwan Semiconductor Manufacturing Company (TSM) -5%Analog devices (Adi) -4%NXP Semiconductor Corporation (NXPI) -4%Broadcom (I am bored) -3%Texas Instruments, Inc.TXN) -3%Nvidia (NVDA program) -1%and…
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Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs By Reuters
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By Neil Mackenzie LONDON (Reuters) – Global investors’ appetite for more expensive multi-strategy hedge funds has declined, Goldman Sachs said in a report to clients seen by Reuters on Friday, even though more investors plan to add hedge funds to their portfolios. Goldman Sachs data from a survey of more…
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South Korean Crypto Gain Taxation May Be Delayed Until 2028 Amidst Investor Concern
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The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South Korea’s crypto tax has sparked debate about the country’s approach to regulating cryptocurrencies and the impact on the…
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Haven Rush, ‘Trump Trades’ on Investor Minds After Shooting
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(Bloomberg) — Traders will initially rush to safe-haven assets and reassess trades most closely tied to former President Donald Trump’s candidacy after he was shot at a rally, market watchers said. Most Read from Bloomberg “There is no doubt some protectionist or safe haven flows into Asia early this morning,”…
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Macquarie-Backed African Renewables Investor Seeks Fresh Funds
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Breadcrumbs Path Links PMN Business Revigo Fund Management, which runs Africa’s first fund focused primarily on investing in operating renewable energy assets, is seeking new investors as it works towards its eventual listing. Article author: Bloomberg News Anthony Sguazin Published on July 10, 2024 • Read for 2 minutes You…