Bonnie Cash/Getty Images News The commercial property sector will likely remain stressed for years, Federal Reserve Chair Jerome Powell told the Senate Banking Committee on the first day of his semi-annual testimony to Congress. “It is a risk that has been with us and will be with us for someContinue Reading
Olemedia/E+ via Getty Images Albemarle (NYSE:ALB) finished Tuesday’s trading as the biggest loser on the S&P 500, -8.7% to its lowest since October 2020, as two Wall Street analysts cut their price targets for the stock. Lowering his PT to $127 from $170 even while maintaining an Overweight rating, BairdContinue Reading
U.Today – historian Pete Rizzo has brought attention to a statement believed to have been made by the pseudonymous creator of Bitcoin, Satoshi Nakamoto, on July 5, 2010. This statement, as relevant now as it was then, reads: “Bitcoin uses cryptography and a distributed network to replace the need forContinue Reading
Sean Gallup/Getty Images News Google’s (NASDAQ:GOOG) (NASDAQ:GOOGL) carbon emissions have surged nearly 50% in the past five years due to the increase in data center energy consumption and supply chain emissions driven by power demands of artificial intelligence systems, the company said this week in its annual environmental report. GoogleContinue Reading
U.Today – According to several sources, earlier today, a dormant wallet was reactivated by its anonymous owner. The last time this whale used his cryptocurrency wallet was 10.6 years ago. Now, the value of Bitcoin held in it has skyrocketed by almost 8,000%, making its owner a millionaire. This wasContinue Reading
2Ban/iStock Editorial via Getty Images Visa (NYSE:V) and Mastercard (NYSE:MA) will prolong the limits on tourist card fees established five years ago with the European Union antitrust regulators, extending them for an additional five years until 2029, the European Commission said Friday, Reuters reported. In 2019, the companies agreed toContinue Reading
HK, HongKong, July 4th, 2024, Chainwire ASIC MARKETPLACE is celebrating 3 remarkable years of leading the industry as the most reliable Asic sourcing platform, serving robust ASIC Miners across the world, marking phenomenal achievement and growth in the mining landscape. ASIC marketplace has been in the industry since 2021, whereContinue Reading
Jul. 01, 2024 1:49 AM ETFXI, PGJ, EWH, CAF, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor Igor Kutyaev The Caixin China General Manufacturing PMI in June reached its highest level in over three years, slightly above market expectations toContinue Reading
SlavkoSereda/iStock via Getty Images Crude oil futures closed the week and the month with gains as expectations rose for summer demand to continue the rally. Oil had tumbled to multi-month lows early in June when OPEC+ said it would start unwinding production cuts after September, then rallied on forecasts ofContinue Reading
RelaxFoto.de/E+ via Getty Images The U.S. will need at least 10 GW of additional large nuclear capacity in the coming years to supply surging energy demand while also meeting climate goals, Southern Co. (NYSE:SO) CEO Chris Womack said Thursday at the Reuters Global Energy Transition conference. The typical reactor inContinue Reading
