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Ripple Has Partnered With 80% Of Japan’s Banking Industry
Article By:
Crypto Adventure
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Thursday, June 6, 2024 10:03 AM EDT
A research paper from three industry experts confirms that Ripple has formed partnerships with up to 80% of the Japanese banking industry, depicting the increasing importance of blockchain in TradFi.
In this article: XRP-X
2 Dividend Stocks To Buy For AI Exposure: VRT And DLR
Article By:
Derek Lewis
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Thursday, June 6, 2024 12:40 AM EDT
AI is Wall Street’s latest obsession, with companies extensively discussing the technology. For those seeking exposure to AI while also earning dividends, several stocks offer both. Let's take a closer look at these opportunities.
Time To Buy Stock In These 2 Big Banks
Article By:
Zacks Investment Research
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Wednesday, June 5, 2024 8:00 PM EDT
Considering Bank of America and Wells Fargo both trade near the industry P/E average of 11X, the positive trend of earnings estimate revisions is compelling and suggestive of more upside in their stocks.
FTX Resolves $24 Billion IRS Tax Claim With $885 Million Settlement
Article By:
Crypto Adventure
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Wednesday, June 5, 2024 9:10 AM EDT
FTX agrees to an $885 million settlement on a $24 billion IRS claim after announcing that 98% of creditors will receive 118% of their claims in cash. IRS to receive a first claim of $200 million with additional funds contingent on available assets.
In this article: FTT-X
Yen Unwinds Yesterday's Gains, While The Mexican Peso And Indian Rupee Stabilize
Article By:
Marc Chandler
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Wednesday, June 5, 2024 8:28 AM EDT
The foreign exchange market is calmer today than Monday and Tuesday, and the dollar is mixed. The yen, which rallied, yesterday, has given back most of its gains and the wage data gave the market second thoughts about next week's BOJ meeting.
Money Talks: The United States Is Doing Retirement Wrong
Podcast By:
Felix Salmon
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Wednesday, June 5, 2024 8:06 AM EDT
Economist and author Teresa Ghilarducci joins to discuss how the 401k was a tax dodge, why other countries have far fewer elderly poor, and more.
Rates Spark: US Growth Pessimism Drives Yields Lower
Article By:
ING Economics
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Wednesday, June 5, 2024 6:46 AM EDT
US yields have been falling for four days straight on growth pessimism. Bund yields have been dragged lower too but have less room to fall much further from here. Friday’s US payrolls will be an important data point to watch.
Wednesday Investment Wisdom: Value Investing Explained
Article By:
Lipper Alpha Insight
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Wednesday, June 5, 2024 4:30 AM EDT
Value investing is an investment strategy where the investor is buying securities which he thinks are worth more than their current price. This means the price on the exchange is lower than the intrinsic or book value of the respective security.
These 3 Companies Boast Bright Outlooks
Article By:
Derek Lewis
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Wednesday, June 5, 2024 1:10 AM EDT
Favorable earnings estimate revisions are key for a stock to move higher. Let’s examine a few highly ranked stocks, including Stride, Interactive Brokers, and Haemonetics.
Top Stock Picks For Week Of June 3, 2024
Article By:
Zacks Investment Research
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Monday, June 3, 2024 7:40 PM EDT
Shares of Goldman have outperformed the industry in the past six months. NVIDIA is benefiting from the strong growth of artificial intelligence (AI), high-performance, and accelerated computing.
Did An AI-Generated Bloomberg Report Just Send Berkshire Hathaway To Zero?
Article By:
SchiffGold
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Monday, June 3, 2024 6:40 PM EDT
Trading on the NYSE had been halted due to a ”technical glitch” that sent Berkshire Hathaway to zero, and they’re claiming it’s because of issues with the limit up and limit down bands that are used to halt trading when stock becomes too volatile.
In this article: BRK-A
Forex Today: Asian Stocks Advance On Modi Landslide
Article By:
Adam Lemon
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Monday, June 3, 2024 3:57 AM EDT
The landslide re-election of India’s Prime Minister Modi has sent Indian stocks sharply higher to new record prices, as well as boosting other Asian and global stocks, while the Indian Rupee sees gains.