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Digital Currency Revolution

Ethereum's 75% Rally Breakout Ignites Altcoin Frenzy as Bitcoin Defends $75K Post-Trump Victory

Nov 07, 2024 14:15 pm UTC| Digital Currency Technology Business

Ethereums breakout has set the stage for a massive altcoin rally, with gains pushing as high as 75% amid Trumps election win. As Bitcoin hovers at $75,000, analysts forecast a bullish run for Ethereum and Solana, igniting...

Digital Currency Revolution

Shiba Inu Whale Shifts 597 Billion SHIB – Is a Major Price Shift on the Horizon?

Nov 07, 2024 13:48 pm UTC| Digital Currency Technology Business

A Shiba Inu (SHIB) whale has transferred 597 billion tokens, valued at over $11 million, stirring excitement and concern in the crypto community. As SHIB nears a key resistance, market watchers are weighing the potential...

Digital Currency Revolution

'Trump Effect' Powers BlackRock Bitcoin ETF to $4.1B on 'Biggest Volume Day Ever,' Beats Netflix & Visa

Nov 07, 2024 13:24 pm UTC| Digital Currency Technology Business Politics

BlackRocks Bitcoin ETF achieved its biggest volume day ever on Nov. 6, reaching $4.1 billion following Donald Trumps U.S. election win. Surpassing Netflix and Visa in trading volume, the milestone reflects a renewed surge...

Portugal Emerges as a Top Destination for Millionaire Migrants Amid Global Uncertainty

Nov 07, 2024 10:54 am UTC| Business

As global uncertainties mount, Portugal is cementing its reputation as one of the most sought-after destinations for high-net-worth individuals (HNWIs). According to the latest Henley Private Wealth Migration Report 2024,...

Supporting Employee Mental Health in Remote Work Environments

Nov 07, 2024 08:58 am UTC| Business

The shift to remote work has brought many changes to the way we live and work. While there are advantages to working from home, such as flexibility and comfort, it can also lead to unique mental health challenges....

Rio Tinto Executive Urges U.S. Government to Streamline Copper Mine Permitting for Energy Transition

Nov 07, 2024 03:58 am UTC| Business

Rio Tinto Calls for Faster U.S. Copper Mine Permitting Rio Tintos Chief Commercial Officer, Bold Baatar, has urged U.S. president-elect Donald Trumps incoming administration to prioritize expediting the permitting...

Arm Holdings Surpasses Q2 Earnings Estimates, Stock Declines in After-Hours Trading

Nov 07, 2024 03:05 am UTC| Business

Arm Holdings Q2 Earnings Exceed Expectations Despite After-Hours Stock Dip Q2 Performance Highlights Chipmaker Arm Holdings reported robust second-quarter earnings, surpassing Wall Street expectations. The company...

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Economy

Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance

Russian stocks closed mixed after Saturdays trading session on the Moscow Exchange, with the benchmark MOEX Russia Index finishing unchanged at 0.00%. Despite the flat headline performance, individual stocks showed varied...

Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen

Global financial markets ended Friday on a weaker note as major stock indexes declined, led by a sharp selloff in technology shares amid renewed skepticism over artificial intelligence investments. Rising U.S. Treasury...

Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026

The Federal Reserves latest policy signals suggest that interest rates are now close to neutral, raising the bar for additional rate cuts in 2025 and beyond. This shift implies restraint rather than rescue from the central...

S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally

U.S. stocks closed sharply lower on Friday as a selloff in technology shares, led by semiconductor companies, weighed heavily on broader markets and dampened enthusiasm around the artificial intelligence trade. The...

Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly

Federal Reserve Bank of San Francisco President Mary Daly said she supported cutting interest rates at this weeks Federal Open Market Committee (FOMC) meeting, highlighting the central banks effort to carefully balance...

Politics

Judge Orders Return of Seized Evidence in Comey-Related Case, DOJ May Seek New Warrant

A federal judge has ruled that prosecutors must return evidence seized from a key figure connected to the now-dismissed criminal case against former FBI Director James Comey, while allowing the U.S. Department of Justice...

Russian Drone Attack Hits Turkish Cargo Ship Carrying Sunflower Oil to Egypt, Ukraine Says

Ukraines navy has accused Russia of deliberately targeting a civilian Turkish cargo vessel with a drone attack in the Black Sea, escalating concerns over maritime security and the safety of international shipping routes....

U.S. Soldiers Killed in ISIS Attack in Palmyra, Syria During Counterterrorism Mission

Two U.S. Army soldiers and a civilian interpreter were killed on Saturday during an Islamic State (ISIS) attack in Palmyra, Syria, according to an official statement from the Pentagon. The attack occurred while U.S. forces...

International Outcry Grows Over Re-Arrest of Nobel Laureate Narges Mohammadi in Iran

International human rights organizations have strongly condemned the re-arrest of Iranian Nobel Peace Prize laureate Narges Mohammadi, sparking renewed global concern over freedom of expression and human rights in Iran....

Belarus Pledges to Halt Smuggling Balloons Into Lithuania

Belarusian President Alexander Lukashenko has pledged to take action to stop weather balloons used by cigarette smugglers from crossing into Lithuania, according to comments made by U.S. President Donald Trumps envoy, John...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

Intel has tested advanced chipmaking equipment this year from ACM Research, a semiconductor toolmaker with deep operational ties to China, according to sources familiar with the matter. The move has drawn scrutiny because...

Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...