Author: Anthony M. Orbison

Investing.com — earnings growth for Q3 2024 has once again been revised lower, now standing at just 3.2%, according to Strategas analysts. The continued downward revision is becoming a growing concern for equities, as the market depends on earnings growth to push towards new all-time highs, said the firm. “While it’s not unusual to see downward revisions heading into a reporting season, it’s becoming a bigger concern for equities considering the need for growth in order for the market to continue to make new all time highs,” wrote the firm. While it is typical for estimates to be lowered ahead…

Cardano founder and Input Output CEO, Charles Hoskinson, received an award in Switzerland for his role in Ethereum Foundation’s creation of Crypto Valley. According to Input Output’s press release, Hoskinson and seven other Ethereum (ETH) co-founders were honored with a prestigious award from the Canton and City of Zug at the ETH10X in Zug, Switzerland on Oct. 2. ETH10X was an event held in celebration of Ethereum Foundation’s  10th anniversary. The Cardano (ADA) founder was recognized for his involvement in Ethereum’s creation of Crypto Valley, a global hub for blockchain innovation. “It’s an incredible honor to be recognized at ETH10X…

When Iran launched missiles at Israel in April, Benjamin Netanyahu’s government opted for a limited response, hitting back with a precision strike on an air defence system near Isfahan that showed Israel’s technological prowess, but did not force an escalation.But in the wake of the 180-missile barrage from Iran on Tuesday night — which Israeli officials said was larger than anticipated — the Israeli response is expected to be less restrained. “Iran made a big mistake tonight,” Netanyahu said following the salvo. “And it will pay for it.”Current and former officials say Israel’s options include attacks in Iran, such as…

When most people board a cruise ship, they give very little thought to all the work that goes into getting that ship ready to sail. In addition to the thousands of crew members working onboard, there are also hundreds of workers based on land doing their part to get ships ready to sail.Longshoremen are the unsung heroes of the industry. They do a lot of the hard work needed to make your vacation happen and many passengers don’t even know they exist.  Related: Carnival Cruise Line takes a controversial stand on tipping”A stevedore, longshoreman, docker or dockworker is a waterfront manual…

Your guide: Ethereum Pectra Upgrade ExplainedFor a long time, the Ethereum network has been at the cutting edge of blockchain innovation. It always pushes the limits of what is possible in the independent world. Since Ethereum is the second-largest cryptocurrency by market value, its updates have gotten a lot of attention.With each version, the platform gains new features and functions that shape its future. The Pectra upgrade, which is coming out in late 2024, is the newest and most-anticipated one coming up. It will significantly change the Ethereum environment. So, if you’ve ever needed the Ethereum Pectra Upgrade Explained, we…

OXFORD, Miss. (AP) — It’s hard to miss the overflowing bowl of condoms at the entrance of the gym.Some University of Mississippi students walking past after their workout snicker and point, and the few who step forward to consider grabbing a condom rethink it when their friends catch up, laughter trailing behind them. Almost no one actually reaches in to take one. Though officials say they refill the bowl multiple times a day, and condoms are available at multiple places on campus, Ole Miss students say the disinterest is indicative of changing attitudes. Fewer young people are having sex, but…

(Reuters) – Crypto asset manager Bitwise has filed an initial registration statement with the U.S. SEC for an exchange-traded product for tokens, as it seeks to introduce more crypto products after a landmark regulatory decision to approve spot bitcoin ETF earlier this year. Bitwise earlier this year was among the firms which got the nod from the Securities and Exchange Commission for their bitcoin ETFs. The approval came after a decade-long tussle between the digital asset industry and the SEC, which had rejected the products due to market manipulation concerns. XRP is a digital token that powers the XRP Ledger…

Ethereum co-founder Vitalik Buterin has defended the inclusion of a Hezbollah betting section on Polymarket, a decentralized prediction platform.In an Oct. 1 post on X, Buterin pointed out that many individuals, including elites, make harmful and inaccurate predictions about conflicts on platforms like Twitter.He argued that knowing whether people with a financial stake believe an event has a 2% or 50% chance of happening offers valuable insight. This, he believes, helps maintain rationality in the face of misinformation.According to him:“It’s not about ‘[making] money from bad stuff happening,’ it’s about creating an environment where speech has consequences (so both unjustified fearmongering…

Tesla (TSLA) announced third quarter deliveries on Wednesday that missed expectations, sending the stock down more than 5% in early trading.The EV maker delivered 462,890 vehicles in the three months to Sept. 30, up 6.4% quarter over quarter but below the 466,000 EVs the company delivered in the year-ago period.Wall Street had expected Tesla to deliver closer to 463,897, according to Bloomberg.The Model 3 and Model Y represented the bulk of Tesla’s overall total, with those two vehicles combining for 439,975 deliveries.Prior to the delivery numbers’ release, Tesla stock had been up around 20% in the past month, fueled by…

The oil sector encompasses companies involved in the exploration, extraction, refining, and distribution of oil and petroleum products. It includes major integrated oil companies, independent producers, and oil services firms. Oil stocks represent ownership in these companies traded on public exchanges. The sector’s performance is closely tied to global energy demand and oil prices. Investing in oil stocks can offer several potential benefits. Many oil companies pay substantial dividends, appealing to income-focused investors. The sector can provide a hedge against inflation. Oil stocks may benefit from increasing global energy demand, especially in emerging markets. However, oil stocks also face significant…