November 19, 2024

Billionaire Stanley Druckenmiller Just Sold All of His Nvidia Shares and Bought This Rapidly Growing Artificial Intelligence Stock-Split Stock

Stanley Druckenmiller wowed investors year after year with his winning streak at the helm of Duquesne Capital Management. There, he scored an average annual return of 30% over 30 years — and didn’t post a single year of money losses. This top investor closed the fund in 2010 but has since continued investing through the Duquesne Family Office — and one of his favored stocks in recent times has been

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November 19, 2024

‘Betrayed’ farmers take Budget protest to London

Getty Images The National Farmers’ Union (NFU) has accused the government of “betrayal” as thousands prepare to gather in London for a rally against the planned changes to inheritance tax rules for farms. “To launch a policy this destructive without speaking to anyone involved in farming beggars belief,” NFU president Tom Bradshaw will say in his speech on Tuesday. The recent Budget announcement means that previously-exempt farms worth more than

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November 19, 2024

Quebec’s Caisse bets on quant strategies

Breadcrumb Trail Links Finance News Public pension fund manager has grown its quantitative equity team to more than US$14 billion of assets Author of the article: Bloomberg News Mathieu Dion Published Nov 18, 2024  •  Last updated 12 hours ago  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Charles Emond, chief executive of the Caisse de depot et

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November 19, 2024

upbeat above $91k on record MicroStrategy purchase By Investing.com

Investing.com– Bitcoin rose on Tuesday, remaining in sight of recent record highs after major corporate holder MicroStrategy declared even more purchases of the coin. The prospect of friendlier U.S. regulations under second Donald Trump presidency continued to underpin crypto prices, after Trump’s election win earlier in November.  rose 0.8% to $91,359.6 by 00:30 ET (05:30 GMT). The world’s biggest cryptocurrency hit a record high of $93,226.6 last week. MicroStrategy buys

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November 19, 2024

Crypto Investor Turned $33K into $12.2M in just 24 days

The crypto trading industry is buzzing, with bulls dominating over the bears as the Bitcoin price has regained support. More importantly, it is attempting a surge to $92K after declining from the recently created ATH of $93.4K. Meanwhile, many other altcoins are booming with gains, including ai16z, a newly launched token that has made millions in profits for a crypto investor in just 24 days, showing the market’s potential. As

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November 19, 2024

Shiba Inu Coin Lead Slams Litecoin As It Changes Identity To Meme Coin

Shiba Inu coin lead developer Shytoshi Kusama sparked discussions in the crypto landscape on Tuesday, slamming Litecoin (LTC) over its recent identification change to meme coin. In a series of posts on the social media platform X, the SHIB lead constantly mirrored a sense of dismay at the recent change in the crypto’s identification. Notably, LTC rebranded itself as a meme-themed coin, primarily a stick figure with the letter ‘L’

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November 19, 2024

Rupee slips to record low pressured by dollar bids from foreign banks, importers

MUMBAI (Reuters) – The Indian rupee slipped to its all-time low on Tuesday pressured by dollar demand from foreign banks and importers, including local oil companies, traders said. The rupee hit a low of 84.4150, eclipsing its previous record low of 84.4125 hit last week. The currency was last quoted at 84.4075 as of 1:35 p.m. IST. Likely intervention by the Reserve Bank of India helped the currency avoid further

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November 19, 2024

Thyssenkrupp books $1 billion impairment on struggling steel unit

A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Shares of Germany’s Thyssenkrupp jumped on Tuesday after the company posted a narrowed net loss and a 1-billion-euro ($1.06 billion) impairment on the firm’s struggling steel division. The company’s Frankfurt-listed stock was up 7.5% at 8:48 a.m. London time.

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