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Solar Outlook Dims: Trade Tensions Loom, Increasing Appeal of Safe Haven and Silver

Nov 11, 2024 11:54 am UTC| Insights & Views

Market Overview: Silver Struggles Amid Strong DollarSilver trades weak on a strong US dollar, reaching a high of $32.16 but currently resting around31.27.Short-term trends remain positive as long as support at30...

Whale Frenzy: $2.1 Billion in Dogecoin Bought Sparks Price Rally

Nov 11, 2024 10:34 am UTC| Digital Currency Insights & Views

An open-source peer-to-peer digital currency, favoured byShiba Inus worldwide. Surge in Whale activity Dogecoin (DOGE) has recently experienced a surge in activity from large investors, known as whales, who...

Bitcoin Whales Respond: BlackRock’s $1.1 Billion Inflows Spark Market Excitement

Nov 11, 2024 10:30 am UTC| Digital Currency Insights & Views

Bitcoin (BTCUSD) reached an all-time high of $8220following Donald Trumps election victory but is currently trading around $82178. Significant Spike in Whale Activity During the week of November 4 to 8, 2024, there...

Gold Prices Falter as Economic Indicators Shift and Fed Outlook Changes

Nov 11, 2024 09:31 am UTC| Insights & Views

Market Overview: Gold Prices Under Pressure Gold prices are weak because the US dollar is strong, and US Treasury yields are going up. Gold recently dropped to a low of $2,643 but is now around $2,669. 2. U.S....

Navigating Change: Trump's Victory, Shifts in the SEC, Settlement Opportunities, and Ripple's Recent Progress

Nov 11, 2024 07:52 am UTC| Digital Currency Insights & Views

Impact on Ripple and the SEC Lawsuit Donald Trumps recent election victory has sparked optimism in the cryptocurrency market, especially regarding Ripple (XRP) and its ongoing legal battle with the SEC. Leadership...

Implications of Trump's Potential Return: Shaping the Future of Stablecoins and Digital Asset Regulation

Nov 11, 2024 05:40 am UTC| Digital Currency Insights & Views

Overview of the Stablecoin TRUST Act The Stablecoin TRUST Act, officially called the Stablecoin Transparency of Reserves and Uniform Safe Transactions Act, is a proposed law aimed at regulating the payment of...

Trump Win and Financial Markets Surge: China Standing Committee Actions and US CPI Insights Ahead

Nov 11, 2024 02:42 am UTC| Insights & Views

Financial Markets React to Trumps Election Win After Donald Trumps recent election win, financial markets reacted strongly. The US Dollar Index (DXY) rose to its highest level in four months, above 105.00, as investors...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...
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