November 19, 2024

Medtech less exposed to potential negative headlines from RFK Jr., says BofA By Investing.com

Investing.com — Bank of America analysts see the potential for medtech stocks to continue gaining momentum as they appear less vulnerable to potential healthcare-related controversies tied to RFK Jr. headlines. The bank notes that recent developments have bolstered the sector, with medtech rebounding from historically low valuations to trade more closely in line with its 10-year average discount to the Tools sector. In just two days, medtech’s discount to Tools narrowed

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November 19, 2024

Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why

Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares Bitcoin Trust (IBIT) ETF cleared the last regulatory hurdle on Monday, and they could bring more institutional appetite for the largest cryptocurrency. “This marks a monumental shift,” 10x Research said in a Tuesday newsletter. The products “could attract significant trading volumes, potentially driving sharp price rallies in bitcoin,” it said. For example, MicroStrategy (MSTR),

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November 19, 2024

Parts of Great Barrier Reef dying at record rate, alarmed researchers say; “worst fears” confirmed

Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian research showed Tuesday, with scientists fearing the rest of it has suffered a similar fate. The Australian Institute of Marine Science said surveys of 12 reefs found up to 72 percent coral mortality, thanks to a summer of mass bleaching, two cyclones, and flooding. In one northern section of the reef, about a third of

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November 19, 2024

Alleged Corrupt Los Angeles Police Officers Implicated in Crypto ‘Godfather’ Extortion Scheme

The founder of a crypto trading platform allegedly relied on corrupt Los Angeles Sheriff’s Department (LASD) deputies to facilitate extortion schemes and other crimes. Recent court documents indicate that the Federal Bureau of Investigation (FBI) has been looking into Adam Iza, the founder of the crypto trading platform Zort and known as “The Godfather,” over allegedly extorting money and property from victims in LA and elsewhere. FBI Special Agent Barbara

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November 19, 2024

Polygon Price Eyes Massive 50% Breakout Amid POL Whale Activity

The Polygon price is set to join the altcoin market rally eyeing a 50% breakout on the technical chart amid strong on-chain indicators and whale activity. Despite its rebranding from MATIC to POL, the altcoin struggled to gain traction amid strong Bitcoin and crypto market resurgence this year. However, investors are making fresh bets with POL resuming the upward trajectory. Polygon Price Eyes Massive 50% Breakout The POL price has

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November 19, 2024

Walmart Stock Rises on Growing Sales, Profits, and Raised Outlook

Paul Weaver / SOPA Images / LightRocket via Getty Images Walmart (WMT) reported better third-quarter fiscal 2025 results than analysts expected Tuesday morning as it registered growing sales and profits, sending its stock higher. The retail giant reported $169.59 billion in revenue, up from $160.80 billion a year ago and above the $167.72 billion analysts expected, according to Visible Alpha. Walmart’s net income came in at $4.58 billion, or $0.57

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November 19, 2024

Shopify’s free speech ethos tested by Holocaust denial merch

Article content Shopify Inc., Canada’s biggest tech company, is drawing criticism for hosting an online store full of antisemitic merchandise, in a test of what the e-commerce platform is willing to accept under a new lighter-touch rulebook. The store sells apparel and accessories with designs that depict the Holocaust as “make believe,” feature antisemitic propaganda from the Second World War and parody the likeness of Anne Frank. Article content It’s

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