Month: November 2021

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Square Enix, one of the biggest developers and publishers in the gaming world, has acknowledged the importance that NFTs and blockchain gaming could have for the future of the company. In its latest briefing session, Square Enix contemplated a “robust entry” into the blockchain games sector as part of its medium-term strategy process. Square Enix
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Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC
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In this article BA ASTR AMZN Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus A flurry of space companies filed requests with the Federal Communications Commission on Thursday for new or expanded broadband networks, asking the regulator for approval of nearly 38,000 total satellites. Amazon, Astra, Boeing, Inmarsat, Intelsat, Hughes Network, OneWeb, SpinLaunch,
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A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Wealthy real-estate buyers from overseas are expected to descend on the nation’s luxury housing markets Monday, giving a second boost to demand for high-priced apartments and mansions. The U.S. will lift the travel ban on
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Moody’s Investors Service returned Chicago O’Hare International Airport’s outlook to stable as traffic levels rebound from last year’s pandemic-induced drop and the city slows its pace of borrowing for the facility. All four rating agencies moved the airport’s outlook to negative in 2020 as the pandemic crippled air travel. The three others had previously restored
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Municipals were part of a wider fixed income market rally on Friday as high-grade yields were lower by as much as six basis points on the long end, buoyed by the stronger-than-expected October jobs data and upward revisions to nonfarm payrolls numbers for September and August. The rally sustained lower rates, a flat yield curve
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Warren Buffett’s Berkshire Hathaway reported a two-thirds decline in profits in the third quarter compared to the same period last year, while its cash pile hit a new record despite increased share buybacks. The sprawling conglomerate said on Saturday that its net earnings fell to $10.34bn, or $6,882 per class A share, in the third
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Sue Y Nabi, the fifth chief executive of Coty since 2015, is betting the solution to finally fix the problem-plagued, heavily indebted cosmetics maker can be found in a tube of Gucci lipstick sold online in China. After a year in the job, the beauty industry veteran has set out a growth plan built on
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In China, there is no clearer sell-sign than when Xi Jinping, the Chinese president, starts personally attacking an industry. So when Xi complained in March that relentless home-schooling was a “stubborn disease” that was putting too much pressure on Chinese children and their parents, the heads of at least two Chinese tutoring companies started selling
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Investors propelled US stocks to a record high last week, buoyed by declining unemployment and advancements in the treatment of Covid-19 giving hope to a resurgent economy. The S&P 500 index of blue-chip US stocks, seen as a benchmark for the health of corporate America, rose 2 per cent for the week to Friday, its
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Types of Channels Horizontal Ascending Descending They don’t have to be symmetrical You want to enter when the stock breaks the channel marker (either up or down) You want to wait for volume confirmation The longer the stock stays in a channel, the healthier it is #stockmarket #chartpattern #technicalanalysis #stockchannels #marketchannels Posted at: https://tradersfly.com/blog/stock-market-chart-patterns-channels/ ????
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This week’s strategy video covers a very important scenario that all traders come across – trend breakouts that don’t turn out as expected. Textbooks say that if a trendline breaks, then that’s it – another direction is certain. David explains why this isn’t necessarily true and he gives us illustrations and examples of the so-called