November 8, 2024

What economists say about the labour numbers and interest rates

Breadcrumb Trail Links News Economy Analysts had called for the jobless rate to rise to 6.6% Published Nov 08, 2024  •  Last updated 4 minutes ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Job numbers provide one piece of the puzzle that the Bank of Canada is assembling to decide whether to supersize the next expected interest

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November 8, 2024

Palantir (PLTR) Q3 earnings report 2024

Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares jumped 20% on Tuesday morning after the data analytics software maker reported robust third-quarter results and revenue guidance. Here’s how the company did compared with LSEG consensus estimates: Earnings per share: 10 cents adjusted vs. 9 cents

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November 8, 2024

Tesla hits $1 trillion market cap as stock rallies after Trump win

Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024.  The Washington Post | The Washington Post | Getty Images Shares of Tesla climbed more than 6% in midmorning trading Friday, pushing the electric vehicle maker’s market cap past $1 trillion. The company’s stock has rallied about 27% this week after

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November 8, 2024

Exclusive-Biden administration buys last oil for emergency reserve as fund taps out By Reuters

By Timothy Gardner WASHINGTON (Reuters) – The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to counter fuel prices that had risen after Russia’s invasion of Ukraine. The Department of Energy said it had bought 2.4 million barrels of oil for the reserve for delivery from April through May to

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November 8, 2024

Top Memecoin Could Explode 121x if History Repeats, According to Crypto Analyst

Crypto analyst and digital assets trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 77,400 followers on the social media platform X that Dogecoin (DOGE) could go up by more than twenty-fold from the current price. Based on the extrapolation of Fibonacci retracement levels, a technical analysis tool based on the Fibonacci sequence of numbers to forecast price targets as well as identify

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November 8, 2024

Tether Investment Division Facilitates Crude Oil Trade in Middle East: Details

Tether’s investment division successfully funded its first crude oil transaction in the Middle East. The transaction, involving a leading publicly traded oil super-major and a top-tier commodity trader, facilitated the transport of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million. Tether Expands USDT Adoption with First Middle East Crude Oil Deal In a recent announcement, Tether shared that its Trade Finance unit had completed its inaugural

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November 8, 2024

Will OM Price Hit New ATH As Mantra Unveils 50M Airdrop Details?

MANTRA has announced details of its highly anticipated 50 million $OM token airdrop, sparking excitement across its community of over 350,000 participants. Eligible recipients, including stakers, NFT holders, and active ecosystem members, will receive tokens based on various engagement levels. Currently trading at $1.39, $OM could see renewed interest and momentum as users claim their rewards. The airdrop scale and distribution strategy have sparked speculation about potential price action in

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