Author: Anthony M. Orbison

Este artículo también está disponible en español. The Dogecoin price reaching as high as $10 has long been anticipated by the DOGE community who have remained loyal to the meme coin despite various crashes that have rocked the price. Even with Dogecoin sitting more than 85% below its May 2021 all-time high of $0.73, expectations for the meme coin’s performance are still very high. Given its historical performance, the DOGE price usually gets a window of opportunity for a surge, and it seems like another window is finally opening up. The Bullish Thesis For Dogecoin Crypto trader and analyst Dima…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An Israeli air strike killed at least seven people in a medical facility in the heart of Beirut in the early hours of Thursday, in the deepest assault on the capital since fighting began.The strike hit close to Lebanon’s parliament building in a densely populated neighbourhood far from the capital’s southern suburbs, which Israel has pummelled over the past two weeks.The medical facility was linked to Iran-backed militant group Hizbollah. The bombing killed seven emergency responders and paramedics, the group said, and…

Although Nike is ranked as the number one sportswear company in the U.S., it’s no secret that it has struggled to get its sales figures on a positive track.The renowned sportswear brand has experienced big revenue losses for the last few quarters due to a failing business strategy.Additionally, increasing competition in the sportswear market due to growing rival brands like Hoka and OnRunning ONON has lit a fire under Nike to promote newness by focusing on developing more innovative products to regain lost clientele.Don’t miss the move: Subscribe to TheStreet’s free daily newsletterIn its prior earnings report, Nike acknowledged its hardships and lowered…

Este artículo también está disponible en español. Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500 closed 1% lower, while U.S. benchmark West Texas Intermediate (WTI) oil prices rose 2%. In contrast, the digital assets market was hit relatively harder, with Bitcoin (BTC) sliding more than 5% following Iran’s attack. The total crypto market…

Earlier this year, Dutch medical device maker Royal Philips reached a $1.1 billion deal to settle thousands of claims stemming from a recall in 2021 of millions of its breathing machines like CPAPs and hospital ventilators, a crisis that dealt the 133-year-old technology company the biggest blow in its modern history. So dramatic and reputation-damaging was the debacle for Philips—perhaps best known for its Norelco electric razors, electric toothbrushes, and irons—that CEO Roy Jakobs created a new C-suite role—chief patient safety and quality officer—that reports directly to him. Jakobs can ill afford risking a disaster like this one again. As…

Investing.com — Warren Buffett’s Berkshire Hathaway (NYSE:) Inc. (NYSE:) has been gradually reducing its stake in Bank of America Corp (NYSE:) since mid-July, with the most recent sales reflecting a slowing pace.  This week, Berkshire sold $338 million worth of shares, as per SEC filing on Wednesday, marking the 13th round of disposals. The average price fetched on Tuesday and Wednesday was $39.40 per share, one of the lowest since the selling began, Bloomberg News reported on Thursday.  This marks a notable from earlier rounds, where Berkshire had been selling around $750 million worth of shares per round over the past…

The financial markets thrive on investment ideas and possibilities concerning the next asset that may break out to win the ultimate race of profitability.The US dollar stands at a weak price pedestal, with the recent interest rate cuts wreaking havoc on its value.Gold and Bitcoin are speculated to rise high on the radar, helping investors gain steady momentum. Let’s explore which asset is the next best purchase for investors in the long haul.Also Read: Ripple To Break Consolidation? When Will XRP Claim Its $0.74 Level?US Dollar, Bitcoin, Or Gold: Status UpdateThe US dollar is currently at a fragile threshold and…

(Bloomberg) — European stocks are poised to decline, tracking weakness in Asian equities as a world-beating rally in Chinese shares paused. Oil extended gains amid concern over escalating tensions in the Middle East.Most Read from BloombergFutures on the Euro Stoxx 50 index fell 0.4%, while those on US shares declined 0.2%. A gauge of Chinese shares in Hong Kong dropped 1.6%, snapping a 13-day winning run. Japanese shares gained on a weak yen. Markets in mainland China remain shut for Golden Week.The pound weakened after the Guardian reported that Bank of England Governor Andrew Bailey held out the prospect for…

Restaurant chains have faced financial distress this year related to several factors, such as rising food prices caused by inflation, increased interest rates, and changes in consumer spending habits. The harsh economic impact on restaurants has led several to close locations and sometimes file for bankruptcy. Don’t miss the move: Subscribe to TheStreet’s free daily newsletterRelated: Bankrupt pizza chain operator unloads dozens of restaurantsStruggling Pizza Hut operator EYM Pizza, which operates franchise locations in Illinois, Indiana, Ohio, Texas, and Wisconsin, filed its Chapter 11 petition in the U.S. Bankruptcy Court for the Eastern District of Texas on July 22 and hired…

As the number of active addresses spiked, AAVE’s total value locked (TVL) dropped On the contrary, technical analysis suggested a potential rally for AAVE Over the past 24 hours, there has been an aggressive 11.27% sell-off in AAVE’s market. However, this recent downturn might not end anytime soon, with other market developments indicating a sustained decline on the charts.  And yet, technical analysis pointed to a possible reversal, showing AAVE at a crossroads. Hence, AMBCrypto analyzed AAVE’s potential future movements, in light of these conflicting indicators. Investor withdrawal drives AAVE’s decline According to DeFiLlama, there has been a notable fall…