November 8, 20240 Comments

Bitcoin Could Offset US Deficit, Serve as Treasury Reserve

Fundstrat Head of Research Tom Lee recently suggested Bitcoin as a “potential Treasury reserve asset” that could play a unique role in managing national debt. He stated that traditional measures like adjusting taxes and spending may not be enough to address the growing US deficit. As Bitcoin’s price increases, it could help offset US liabilities, easing some pressure on the deficit. This perspective positions Bitcoin not just as an investment,

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November 8, 20240 Comments

Why 2x Rally Is Possible?

With the overwhelming investor response past the US election results declaration, the crypto market has witnessed quite an upsurge, which is also true for the Polkadot price. Polkadot is one of the most famous blockchains, offering fast and cheaper services. Despite that, its token has slowly lost its place in the market and is continuously struggling on the charts. Thankfully, after a significant recovery over the week, many crypto analysts

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November 8, 20240 Comments

Paramount posts another quarter of streaming profit, but linear TV and studio struggles pressure revenue

Paramount Global (PARA) reported third quarter earnings before the bell on Friday that showed further improvement in its streaming business it gets ready to combine with Skydance Media. The media giant posted its second quarter of profit in a row for the segment. For the first nine months of the year, streaming losses stand at $211 million, a nearly $1 billion improvement from the $1.18 billion the company lost through

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November 8, 20240 Comments

Bells of Notre-Dame ring for first time since 2019 fire | Religion News

Moment marks milestone in the Paris cathedral’s restoration, five years after a blaze ripped through the Gothic gem, toppling its spire. The bells of Notre-Dame Cathedral have rung out over the French capital for the first time since a fire devastated the landmark more than five years ago. Parisians heard the chiming of the bells shortly before 10:30am (09:30 GMT) on Friday, initially sounding one by one until all eight

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November 8, 20240 Comments

Canada’s unemployment rate holds steady at 6.5%

Article content Canada’s unemployment rate remained unchanged for the month of October at 6.5 per cent, with the economy adding 15,000 jobs, Statistics Canada said on Friday. The job gains were about half the consensus expectation of 27,000 new positions. Unemployment was up 0.8 per cent compared to the same time last year, with 193,000 more people looking for jobs or on temporary layoff. Article content The participation rate declined

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November 8, 20240 Comments

Starbucks app goes down, customers complain

Deck the halls! Holiday menu returns at Starbucks Deck the halls! Holiday menu returns at Starbucks 00:53 Starbucks’ online ordering app malfunctioned Thursday, the same day the coffee giant introduced its holiday-themed menu.  The outage continued into Friday, triggering complaints from customers on social media who said they weren’t able to pre-order drinks and avoid standing in line for two days in a row.  Downdetector, which tracks website and app

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November 8, 20240 Comments

Affirm (AFRM) earnings report Q1 2025

Affirm, the provider of buy now, pay later loans, reported better-than-expected fiscal first-quarter results. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 31 cents adjusted vs. a loss of 35 cents expected Revenue: $698 million vs. $664 million expected Affirm reported gross merchandise volume, or GMV, of $7.6 billion, topping the average estimate of $7.28 billion, according to StreetAccount. GMV, a key metric that

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November 8, 20240 Comments

Gaming giant raises FY sales guidance

Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony raised sales guidance for the full year on Friday and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business. Here’s how the company did in the September quarter, versus LSEG consensus estimates: Revenue: 2.97 trillion Japanese yen ($19.4 billion), versus 3.03 trillion yen expected. That was up 9% and slightly below analyst expectations.

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November 8, 20240 Comments

Best Mortgage Lenders

Read this guide to learn about the mortgage process and the costs associated with it, and discover U.S. News’ picks for the best mortgage lenders available. Source link

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