Category: Surge
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Company Insolvencies Surge by Nearly 20% in April
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Difficult economic conditions led to an 18 percent increase in corporate bankruptcies during April, as rising debt levels, rising interest rates and spending cuts took their toll. According to data from Companies House, corporate bankruptcies rose to 2,177 in April, compared to 1,838 in March. Over the 12 months to…
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Reddit Shares Surge Following OpenAI ChatGPT Partnership
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Reddit shares rose more than 10% after announcing a partnership deal with artificial intelligence startup OpenAI. This agreement gives OpenAI access to Reddit content while bringing AI-powered features to the social media platform. This partnership underscores Reddit’s strategic move to diversify its revenue streams beyond traditional advertising. By leveraging artificial…
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Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge
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Bitcoin price rose and tested the $66,500 area. BTC is now consolidating gains and may attempt another surge towards $67,500. Bitcoin started the consolidation phase from the $66,500 resistance area. The price is trading above $65,000 and the 100 hourly simple moving average. There is a major uptrend line forming…
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Fetch.AI Soars 14.5% As AI Tokens Surge, Can FET Reach $4?
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Today, the cryptocurrency market is up 5.1%, with a total market cap of $2.3 trillion. The recent pump has propelled various sectors, with memecoins up 9% and artificial intelligence (AI) tokens up 11.2% over the past 24 hours. Related reading Fetch.AI (FET) is at the forefront of the AI sector…
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Marston’s Optimistic for Euros Summer as Profits Surge
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Pub chain Marston’s has recorded a strong performance in the first half of its financial year on the back of food and drink sales, as it looks ahead to bumper summer months packed with sport, including the Euro Championship. Marston’s, which operates 1,395 pubs across the UK, this morning announced…
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Memecoins soar as Trump endorses crypto, TRUMP coin leads with 83% surge
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. After Donald Trump endorsed cryptocurrencies during his potential next term, the Trump meme rose 83%, while other meme coins like Sealana and WienerAI also showed promising gains. Trump, a…
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Crypto gets political, NFTs plummet, ETF inflows surge
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Today’s edition of Weekly Digest: Donald Trump changes direction on cryptocurrency; The NFT market is seeing a decline in trade volume; Exchange-traded funds (ETFs) are seeing a return in inflows. Trump is courting the cryptocurrency community The Republican Party’s 2024 presidential nominee is open Announce Support the crypto industry. In…
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Crypto gets political, NFTs plummet, ETF inflows surge
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Today’s edition of Weekly Digest: Donald Trump changes direction on cryptocurrency; The NFT market is seeing a decline in trade volume; Exchange-traded funds (ETFs) are seeing a return in inflows. Trump is courting the cryptocurrency community The Republican Party’s 2024 presidential nominee is open Announce Support the crypto industry. In…
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BA owner IAG boosts staff by 1,700 to meet summer demand surge
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British Airways has created 1,700 jobs as it prepares for a summer boom that will allow its parent company IAG to match last year’s big operating profit of €3.5 billion. British Airways’ recruitment drive includes cabin crew and technology specialists to boost the airline’s digital services. The move follows a…
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The meme stock surge doesn’t appear to be the ominous signal it has been
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This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: Meme stocks are making headlines again. Household names that captured investors’ imaginations in 2021 — like GameStop (GME) and AMC Entertainment (AMC) — are rising higher (and lower in…
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Over 5 Million Wallets Now Profitable as Potential Surge Looms
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So far, Dogecoin has emerged as a significant player among the largest altcoins, showing signs of a strong comeback, particularly through the recent profitability of its numerous wallet addresses. A surge in profitable Dogecoin addresses Recently Data From IntoTheBlock reveals a significant increase in the profitability of Dogecoin addresses. Of…
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9% Surge Recaptures Key Level, Records 160% TVL Growth In Q1
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Decentralized application (dApp) platform Near Protocol showed notable growth in key metrics during the first quarter (Q1) of 2024, pushing its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its all-time high (ATH) from January. 2022. According to another a…
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Weekend – “Yellen counsels caution on currency intervention after surge in yen”
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US Treasury Secretary Yellen spoke over the weekend He added: “I will not comment on whether they intervened or not. I think this is just a rumour.” He said that the yen “moved slightly over a relatively short period of time.” “We expect that these interventions will be rare and…
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Memecoins Resurgence? POPCAT And MEW Surge 20%
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As the cryptocurrency market settles into this new phase of the cryptocurrency cycle, some meme coins have shown impressive performance over the past couple of days. The popularity of cat-themed tokens increased dramatically during this bull market, with some, such as Cat in a Dog’s World (MEW), making it to…
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Denmark’s Novo Nordisk expects 27% sales surge this year but faces price pressure for weight loss drug Wegovy amid Eli Lilly competition
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Novo Nordisk A/S raised its earnings forecast as the drugmaker now ships five times more introductory doses of the weight-loss drug Wegovy in the US than at the end of last year. More than 25,000 patients are now starting treatment each week in the United States, CEO Lars Frørgaard Jørgensen…
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Buy Dogecoin Now? Analyst Believes DOGE Is Primed For A Surge
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in analysis Shared via Martinez’s commentary focuses on a chart pattern known as the “descending triangle.” This is a bearish formation that occurs when the price follows a downward trend line that intersects a flat support line. Typically, this pattern indicates a continuation of a downtrend, but in the context…
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Amazon’s Profits Surge in Q1 2024, Driven by AI and Advertising Sales
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Amazon continues its impressive streak of earnings reports, revealing elevated profits for the first quarter of 2024, supported by strong performance in artificial intelligence and ad sales. The e-commerce giant reported a remarkable total revenue of $143.3 billion in the first three months of the year, representing a 13% increase…