November 13, 20240 Comments

Trump win to weaken Canadian dollar

Breadcrumb Trail Links Investor Economy Rosenberg Research thinks Canadian dollar at 66 cents is in the cards Published Nov 13, 2024  •  Last updated 17 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. The loonie could suffer from a further erosion of Canadian competitiveness. Photo by Peter J Thompson/National Post Article content By Dylan Smith While

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November 13, 20240 Comments

Sterling drifts near 3-month lows vs dollar By Reuters

By Medha Singh (Reuters) – The pound hovered near three-month lows against a stronger dollar on Wednesday, after a sharp fall in the previous session following data that showed inflation was easing in the UK. Sterling dipped 0.1% to $1.2795 after hitting its lowest since early August at $1.2719 on Tuesday, after data showed regular pay for British workers grew at its slowest pace in two years in the third

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November 13, 20240 Comments

Super Micro Computer stock falls after delaying 10-Q filling By Investing.com

Super Micro Computer (NASDAQ:) shares dropped over 4% in premarket trading Wednesday following the company’s announcement of a delay in filing its quarterly 10-Q report for the period ending September 30, 2024. A Form 10-Q is the company’s quarterly financial report. In its press release, Super Micro Computer attributed the delay to unresolved issues related to an ongoing internal review of the company’s controls and reporting processes. The review, initiated

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November 13, 20240 Comments

Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

“This report highlights the importance of accountability, disclosing the allocation of our resources, and how they help advance Cardano as a public digital utility across a wide range of industries. We have 100+ employees working with institutions, businesses, regulators, and policymakers to solve societal and enterprise challenges in new ways across 25 countries.” Source link

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November 13, 20240 Comments

What to Expect from Apple and A24’s Sam Bankman-Fried Biopic?

The biggest crypto exchange collapse, the FTX crash, is again in the limelight, as a Sam Bankman-Fried biopic is in the making. After the launch of the Sam-inspired book ‘Going Infinite: The Rise and Fall of a New Tycoon,’ right after the collapse, a book adaptation is in process to bring the writings into the picture. For this, Apple and A24 have collaborated and will explore the ups and downs

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November 13, 20240 Comments

Elliott Wave Insights Hints Cardano Price Wave 3 Breakout to $40

Cardano price suffered has suffered a harsh reversal, falling for two consecutive days, and moving into a technical bear market. After soaring to $0.6897 on Monday, ADA has dropped by 23% and is trading at its lowest level since November 10. Still, some analysts believe that Cardano has more upside, with one expert predicting a 7,400% jump to $40, based on Elliot Wave analysis. Crypto Analyst Delivers A Huge Cardano

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November 13, 20240 Comments

Can BlackRock Bitcoin ETF Inflows Push BTC Price to $100K In November?

The BlackRock Bitcoin ETF (IBIT) has been leading its peers with a $778 million inflow on Tuesday and nearly $3 billion in inflows over the past week. It has also been a strong contributor to the $30 billion trading volumes of the ‘Bitcoin Industrial Complex’ comprising ETFs, and stocks like MSTR, COIN, etc. Amid the strong inflow, market analysts believe that the BTC price can rally to $100K by the

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November 13, 20240 Comments

Futures slip as markets await inflation data for clues on Fed’s rate path

(Reuters) – U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive equities ahead of crucial inflation data that will offer more signals on the pace of the Federal Reserve’s interest rate reductions. All the three major Wall Street indexes closed lower on Tuesday, as a strong rally following the U.S. elections lost some steam, while the benchmark U.S. 10-year Treasury yield moved

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