November 16, 20240 Comments

Low crude oil inventories may support higher 2025 prices By Investing.com

Investing.com — Low crude oil inventories are setting the stage for potential price increases in 2025, according to a recent note from Wells Fargo (NYSE:).  Despite a flat performance this year, the bank said prices could rebound as global supply remains tight and economic conditions improve. Wells Fargo points out that while crude oil prices have seen minimal change in 2024—just 2% lower since the year began—this has largely been due

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November 16, 20240 Comments

Turkey fines Amazon’s Twitch 2 million lira for data breach By Reuters

(Reuters) – Turkey’s Personal Data Protection Board (KVKK) has fined Amazon.com (NASDAQ:)’s gaming platform Twitch 2 million lira ($58,000) over a data breach, the official Anadolu Agency reported on Saturday. KVKK launched an investigation after a 125 GB data leak. It found that Twitch had failed to take adequate security measures beforehand, addressing the issue only afterward. It also said risk and threat assessments had been insufficient. The breach affected

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November 16, 20240 Comments

Film Development Needs an On-Chain Business Model

Independent producers have an opportunity to make films more efficiently, providing audiences with stories that challenge them to think at a time where it seems films are scared to push the envelope. We need a new model for financing and production, which introduces a new and special asset class for blockchain. Pressman Films, the production company that brought you Wall Street, American Psycho, Conan the Barbarian, The Crow and one

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November 16, 20240 Comments

Why Is Bitcoin Price Moving Higher Today?

The Bitcoin price has noted a surge of around 3%, continuing its run towards the North while gaining the investors’ attention. The recent momentum indicates that despite a short-term pullback, the bulls are still dominating the market after Donald Trump’s win in the US election. Besides, it has also sparked speculations over the potential reasons that might have supported the current BTC rally. So, let’s take a look at the

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November 16, 20240 Comments

Nvidia, Meta, Apple, and Microsoft Could Help This Magnificent ETF Turn $250,000 Into $1 Million

Artificial intelligence (AI) might be the most revolutionary technology in a generation. Depending on which Wall Street forecast you rely upon, it could add between $7 trillion and $200 trillion to the global economy over the next decade. Some companies are already reaping the rewards. Nvidia, for example, has added a staggering $3.2 trillion to its market capitalization in the last two years alone. Start Your Mornings Smarter! Wake up with

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November 16, 20240 Comments

Amazon Haul discount storefront debuts to take on Temu and Shein

Amazon has rolled out a new storefront featuring apparel, home goods, electronics and other items priced below $20, to fend off growing competition from discount upstarts Temu and Shein. Called “Amazon Haul,” the storefront is accessible through the company’s mobile app, and promises “crazy low prices” on a plethora of goods. Shoppers can buy $1 eyelash curlers and oven gloves, or a $3 nail dryer. The company is offering free

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November 16, 20240 Comments

Solar power project in Brazil favelas hopes to shine in G20 spotlight By Reuters

By Pilar Olivares and Fabio Teixeira RIO DE JANEIRO (Reuters) – For residents of Morro da Babilonia, one of Rio de Janeiro’s underdeveloped ‘favela’ neighborhoods, geopolitics rarely enters daily conversation, but as the city readies to host leaders from the Group of 20 major economies on Monday, locals hope a project of theirs will find its place in the sun. Within walking distance of Rio’s famous Copacabana beach, Babilonia has

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November 16, 20240 Comments

OMV says its gas deliveries from Russia have stopped By Reuters

BERLIN (Reuters) – Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m. (0500 GMT) on Saturday, but the regulator said supplies to customers were stable despite a drop in flows into Austria. “We confirm that there has been no gas delivery from 6 a.m. today,” an OMV spokesperson said. Alfons Haber, head of E-Control, the regulator, said: “Quantities coming into Austria are currently down by

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