Author: Anthony M. Orbison

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Conservative leader Kemi Badenoch has claimed it might be “counterproductive” if Nigel Farage accepted a big donation from Elon Musk, saying “people don’t necessarily like to see politics being bought”.Badenoch, criticised by some Tories for her low-profile start in her job, is facing an increasing political threat from Farage’s populist Reform UK. Farage has been talking to the tech billionaire about a party donation.The Conservative leader said she supported competition, adding: “I think that if Elon Musk is giving a party, a…

You can’t blame investors for a bit of giddiness. The S&P 500 is on pace to notch its second consecutive year with returns above 20%, and with the index hitting all-time highs, many investors’ account balances are similarly skyrocketing.There have been have’s and have-nots, though. Much of the return is because of seemingly insatiable interest in the so-called Magnificent Seven stocks, a group of large-cap technology stocks comprising the likes of Alphabet, Microsoft, and Apple. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸Smaller companies with lower market capitalization haven’t performed nearly as well.Granted, they’re still…

The falling wedge breakout signals bullish potential, targeting $24 with $10.88 as key resistance. Positive metrics, including oversold RSI and strong social sentiment, reinforce Polkadot’s rally potential. Polkadot [DOT] has broken out of its falling wedge pattern on the weekly timeframe, a critical signal that often precedes significant bullish rallies. Trading at $6.83 at press time, with a 1.98% decrease at press time, the cryptocurrency’s breakout and retest phase presents a promising opportunity for traders. The next key question is whether DOT can sustain this momentum and rally toward its midterm target of $24. DOT’s breakout and price prediction The…

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Investing.com — Novo Nordisk (CSE:) shares jumped over 9% on Monday, despite the company’s disappointing results for its experimental obesity treatment, CagriSema.  This followed the release of data from the REDEFINE-1 phase 3 trial, which evaluated CagriSema—a combination of cagrilintide, an amylin agonist, and semaglutide, a GLP-1 receptor agonist—for its efficacy in promoting weight loss. As per analysts at Bernstein, the trial demonstrated a weight loss of 22.7% after 68 weeks of treatment, with a placebo-adjusted result of 20.3%.  While this outcome was a step up from the individual components alone, it fell short of both expectations and the company’s own projections. …

Dogecoin (DOGE) has experienced significant success in its 11-year history. The asset’s price skyrocketed during the 2021 bull run. Early investors made millions of dollars in profit with minimal investments. DOGE’s price witnessed another price spike earlier this year after Donald Trump won the US Presidential election.Let’s see how you can become a millionaire with the memecoin by 2030.Also Read: Top 3 Cryptocurrencies To Watch For New Year 2025Dogecoin’s Price Projections For 2030Source: Watcher GuruAccording to Changelly analysts, DOGE will continue to rally over the next few years. The platform anticipates the asset to hit a potential maximum price of…

Copley Acquisition, a special purpose acquisition company (SPAC) backed by Hong Kong-based investment firms Pacific Aegis Capital Management (PACM), Gobi Partners and Hermitage Capital, plans to raise US$150 million on the New York Stock Exchange (NYSE). The SPAC priced its initial public offering (IPO) of 15 million units at US$10 each, according to its filing to the US Securities and Exchange Commission on Friday. The listing of the SPAC could be in February 2025, subject to regulatory approval. The proceeds will be used to combine with merger targets in the technology and lifestyle sectors in North America and Asia-Pacific, excluding…

Are you ready for a quantum leap?No, this is not the 1989 TV show about the scientist who gets trapped in time after a botched government experiment and must leap from body to body. And, no, it’s not a 2022 reboot, either.Related: Analyst unveils top tech stocks to buy for 2025This is for real- or it will soon be, according to those in the know.Quantum computing is one of the main areas of emerging quantum technology, and it’s generating a lot of buzz right now. This field of computer science applies the laws of quantum mechanics to simulate and solve complex…

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital asset no longer meets the firm’s listing standards. “We have disabled trading for wBTC. Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.” Coinbase – which first announced its decision to…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK economy failed to grow in the third quarter, in the latest blow to a government already under fire from businesses for its tax-raising Budget.GDP did not register any growth in the three months to September, the Office for National Statistics said on Monday, down from its first estimate of a 0.1 per cent expansion. The economy was held back by the dominant services sector, which stagnated over the quarter. Production output fell 0.4 per cent, offsetting a 0.7 per cent…