The divergence between Bitcoin and Ethereum may soon be coming to an end. Several cryptocurrencies, including some of the first ever created and new altcoins, continued their ascent today following the Federal Reserve’s 50 basis points cut to interest rates last week, which many view as a positive catalyst for the sector. The price of…
This article was written by Follow Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from the London School…
Check out the companies making headlines before the bell: Intel — The chipmaker rose 4% on news that asset management company Apollo Global Management offered to make an equity-like investment of as much as $5 billion in Intel, according to a Bloomberg News report on Sunday. CNBC confirmed on Friday that Qualcomm had recently approached…
The media giant’s share price sank during the spring and summer, but it could be turning the corner in autumn. Seasons change, and so do losing streaks. After closing lower for five consecutive months, Walt Disney (DIS -0.94%) shares are trading higher in September with one week left to go. It’s not just the company’s…
Buying TMF On The Sell The News Rate Cut Event Source link
Supply is the crux of housing woes—we’re missing millions of homes. Mortgage rates matter, too, but not nearly enough. A Moody’s economist, Nick Villa, has said it before: an interest rate cut won’t fix the housing crisis. Now that the Federal Reserve has cut its key interest rate by half a point, he’s saying it…
In today’s fast-paced world, having a savings account is more than just a financial necessity; it’s a crucial step towards securing your future. Among the myriad options available, Kotak Mahindra Bank stands out as a reliable and customer-friendly choice. But why choose Kotak Mahindra Bank for your savings account? Let’s dive into the details. Eligibility…
Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker’s earnings, which are expected Wednesday after market close. Analyst Harlan Sur anticipates Micron’s results will be boosted by strong artificial intelligence and server demand. Tesla — Shares…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Commerce Department on Monday proposed banning Chinese software and hardware for vehicles with a built-in internet connection, in a move that would in effect ban Chinese vehicles from the US market. The rule…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German Chancellor Olaf Scholz has come out against a UniCredit takeover of Commerzbank after the Italian lender said it was raising its stake from about 9 per cent to 21 per cent. UniCredit disclosed on…
