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Sat, Nov 23, 2024 02:12 AM All times are UTC

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Tobacco isn’t a good investment – study shows a decline in stock prices since 2016

Nov 20, 2024 23:04 pm UTC| Insights & Views Business

Environmental, social and governance investing, also known as impact or socially responsible investing, has become a popular concept. Its based on awareness of the impact that firms have on the environment and on human...

I’ve studied organisational failure for decades – the Church of England needs more than a new leader

Nov 20, 2024 23:03 pm UTC| Insights & Views Business

In a book I wrote with a colleague on organisational failures (The Apology Impulse) the inability of many of them to confront their failures, except to say a meaningless were sorry, is legend. We highlighted the many...

Apple Fights Back Against DOJ Monopoly Allegations Amid Rising Big Tech Antitrust Pressure

Nov 20, 2024 22:46 pm UTC| Economy Technology Business

In a pivotal antitrust battle, Apple has requested a U.S. judge dismiss the DOJ lawsuit accusing the iPhone maker of stifling competition in the smartphone market. The case is the latest in ongoing scrutiny of Big Tech...

China’s Pony AI Pursues $4.55 Billion Valuation in Ambitious US IPO to Lead Robotaxi Surge

Nov 20, 2024 22:30 pm UTC| Technology Business Economy

Pony AI, a Chinese self-driving tech pioneer, has set its sights on a $4.55 billion valuation in its upsized US IPO. With backing from Toyota, the firm aims to raise $260 million, reflecting growing momentum in the...

Nvidia Shares Dip as Q4 Forecast Falls Short of Wall Street’s Lofty AI Hype

Nov 20, 2024 22:13 pm UTC| Economy Technology Business

Nvidias Q4 revenue forecast landed slightly above estimates at $37.5 billion, but failed to satisfy high investor expectations, with shares dipping amid supply-chain constraints. Nvidias Modest Forecast Raises Questions...

Digital Currency Revolution

HBAR, OM, and APE Tokens Gear Up for Rally as Binance Reveals Major Trading Pair Expansion

Nov 20, 2024 19:28 pm UTC| Digital Currency Technology Business

HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token...

Digital Currency Revolution

Shiba Inu Scam Warning Shocks Community: Fraudsters Use Fake Tokens to Exploit Shibarium Enthusiasts

Nov 20, 2024 19:12 pm UTC| Digital Currency Technology Business

The Shiba Inu team has issued an urgent scam alert following a surge of fake accounts and tokens exploiting Shibarium users. Community members are reminded to prioritize safety, verify all information, and avoid engaging...

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Economy

Oil Prices Soar to 2-Week High as Russia Fires Hypersonic Missiles, Escalating Ukraine Conflict

Oil prices surged about 1% on Friday, hitting a two-week high as Russia escalated its war in Ukraine by deploying hypersonic missiles, amplifying geopolitical risks in the market. Brent crude settled at $75.17 per barrel,...

Amazon's $4 Billion Anthropic Deal Supercharges AI Race Against Microsoft and Google

Amazon has supercharged the AI race by investing $4 billion in Anthropic, doubling its investment to challenge Microsoft and Google in the competitive generative AI landscape. The partnership leverages Amazons cloud...

FxWirePro- Major economic events for the day

Date Time Currency Event Actual Forecast Previous Fri Nov...

Global Currency Shuffle: Euro Dips, Yen Recovers, and Markets Await Key Economic Signals

The euro lost its shine against the US dollar due to strong US economic data and dovish comments from ECB members. It hit a fresh year-low yesterday and is hovering around that level. Yannis Stournaras from the European...

Fed's Goolsbee Expects Rates to Drop 'Fair Bit Lower,' Cautions on Slowing Cuts

Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts amid...

Politics

Crypto Rules Shakeup: Trump-Tied SEC Candidate Hints at Clearer Path After Gensler’s Sudden Exit

Republican SEC Commissioner Mark Uyeda is positioning himself as a crypto advocate amid discussions of regulatory clarity. Speculation is mounting that President-elect Donald Trump may nominate Uyeda to replace Gary...

China's Hackers Poised for Conflict Within US Networks, Cyber Official Warns

Chinese hackers are positioning themselves within U.S. critical infrastructure IT networks to gain an advantage in case of major conflict, a top U.S. cybersecurity official revealed Friday, emphasizing escalating cyber...

Senator Lummis Pushes for 1M BTC in US Reserve to Slash Debt, Preserve Dollar Dominance

Senator Cynthia Lummis has proposed adding Bitcoin to the U.S. strategic reserve to slash national debt and stabilize the economy. Highlighting BTCs deflationary value, the senator sees it as a hedge against inflation and...

What’s Driving Charles Schwab Toward Spot Crypto Trading? Trump’s Regulatory Shift and $100K Bitcoin Answer

Charles Schwab is poised to enter the spot crypto market as Trumps administration signals regulatory reforms. With Bitcoin nearing $100,000 and competition heating up, Schwab aims to seize the moment and expand its crypto...

Jeb Bush Sparks Uproar by Praising Trump’s AG Pick Pam Bondi: ‘A Bold and Unexpected Move!’

Former Florida Governor Jeb Bush has publicly extended his congratulations to Pam Bondi, Donald Trumps nominee for Attorney General, reigniting political debates across social media. Bondi, who previously served as...

Science

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Technology

Xiaomi's Second Electric SUV to Challenge Tesla Model Y in Q1 2025, Report Reveals

Xiaomi is gearing up to launch its second electric SUV, the MX11, in February or March 2025, according to reports. The upcoming model is positioned as a competitor to Teslas Model Y and will likely feature Xiaomis hallmark...

$18 XRP Prediction Gains Traction as Wave 3 Builds Toward $5 Surge Before 2024

XRP is poised for a major surge, with analysts forecasting a jump to $18 by mid-2025. Elliot Wave projections show a $5 rally before year-end, fueled by bullish market sentiment and strong momentum. XRP Rally to $18:...

Shiba Inu in Trouble? 33 Trillion SHIB Could Fall If $0.000022 Support Breaks

Shiba Inu is on the brink of a decisive move as it consolidates within a triangle pattern. The critical $0.000022 support, tied to 33 trillion SHIB, is weakening. Resistance at $0.000025 and shifting market sentiment add...

Ether Price Rises Despite $1.3B Whale Sell-Off, Targets $3,700 Breakout

Ethers price continues to climb despite significant selling pressure from whales unloading over $1.3 billion in holdings. Investors anticipate a rally toward the $3,700 resistance level, buoyed by Bitcoins surge past...

Solana Hits $262 ATH Amid $35M Whale Buys—Could $5,000 Be Next?

Whale investors snapped up $35 million in Solana, driving the token to a new all-time high of $262. With growing excitement around a potential Solana ETF, analysts speculate that a climb to $5,000 might be on the...