July 2024 - Page 15 of 267 -

SEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud, civil securities violations

Jul 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Nader Al-Naji was arrested for wire fraud and selling unregistered securities. Al-Naji misrepresented BitClout as decentralized to evade federal laws. The SEC has charged Nader Al-Naji, founder of the BitClout blockchain protocol, with perpetrating a fraudulent crypto asset scheme involving over $257 million raised through unregistered offers and sales of the BTCLT token.According […]

What Wall St Is Saying About Microsoft Ahead Of Earnings

Jul 30, 2024 Jeremy Parkinson Finance 0

Image Source: Unsplash Microsoft (MSFT) is scheduled to report results of the fourth quarter of its fiscal year 2024 after the market close on Tuesday, July 30, with a conference call scheduled for 5:30 pm ET. What to watch for: CLOUD: In its fiscal third quarter, the company reported earnings and revenue that both beat consensus forecasts.”Microsoft Copilot and […]

Ethereum ETFs: A Strong Start, But Can It Match Bitcoin?

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Ethereum ETF’s Strong Launch: Can It Outperform Bitcoin? The debut of Ethereum (ETH) exchange-traded funds (ETFs) has stirred considerable interest in the financial sector. These new investment options provide investors with a straightforward way to invest in Ethereum, one of the leading cryptocurrencies. But what exactly is an Ethereum ETF?A spot Ethereum ETF […]

Here’s Why PayPal Stock Is On The Move

Jul 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Shares of PayPal (Nasdaq: PYPL) stock were skyrocketing Tuesday, up about 9% at the opening bell to around $64 per share. The leading payments provider saw its stock rise after an unexpectedly strong Q2 earnings report and outlook.Revenue jumped 8% year-over-year to $7.9 billion, which topped estimates of $7.8 billion. Net income rose 10% to $1.13 billion, […]

Stocks Mixed After Job Openings, Consumer Data

Jul 30, 2024 Jeremy Parkinson Finance 0

Stocks are mixed midday, as the Federal Reserve’s two-day policy meeting gets underway, with plenty of earnings and economic data for Wall Street to unpack in the meantime. The consumer confidence index rose to 100.3 in July from June’s 97.8, though elevated prices remain a concern, while June job openings totaled 8.18 million — down from the […]

Visualizing The Top 10 Emerging Technologies In 2024

Jul 30, 2024 Jeremy Parkinson Finance 0

Emerging technologies of today have the power to reshape industries, achieve significant scale, and shift the economic landscape.From AI-driven advancements in disease detection to carbon-capturing microbes, these technologies stand to improve future society. Meanwhile, greater efficiencies in wireless connectivity allow networks to drive higher data rates and enhance robust communications across 6G networks and the […]

National Debt Blows Past $35 Trillion (Yawn)

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash “I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other.” – James Madison On July 26, the national debt blew past $35 trillion for the first time. We are now cursed with a debt of $35,001,278,179,208.67.This milestone will […]

Delta Air Lines To Seek Compensation After IT Outage, CRWD Stock Drops

Jul 30, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Delta Air Lines (NYSE: DAL) is taking decisive action following a catastrophic IT outage earlier this month that caused widespread disruptions across the airline industry. The carrier has hired prominent attorney David Boies to pursue potential damages from tech giants CrowdStrike (Nasdaq: CRWD) and Microsoft (Nasdaq: MSFT), signaling a significant legal battle ahead.The move comes […]

Gold Glitters In The Summer Sun

Jul 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Video Length: 00:02:18 Gold buying tends to increase in August due to several factors that influence demand August marks the beginning of the wedding season in India, one of the largest consumers of gold. Indian jewelers and households buy gold in preparation for weddings and festivals, which drives up demand. Following August, the […]

Elliott Wave Technical Analysis: Wheat – Tuesday, July 30

Jul 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Since its peak in March 2022, Wheat prices have dropped nearly 62%, falling from over 1360 to around 530. However, this bearish cycle appears to be nearing its end, and a multi-month bullish phase may soon begin, correcting the over 28 months of sell-off.Daily Chart AnalysisOn the daily chart, the decline from the March […]