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The current bull run is still in the early stages, and the pace of inflows is yet to peak but if experts are to be believed, this might just be the most explosive one yet.And investors are obviously looking for the next big thing to bet on and memecoins continue to be a crowd favourite.Andrew Kang, crypto trader and co-founder of crypto-focused venture capital firm Mechanism Capital, believes that memecoins will outperform every other digital asset in this bull cycle because the tokens are pure and upfront speculative vehicles.So which memecoin should you get behind?If there’s a memecoin you want…

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Some small businesses and performance advertisers using Meta’s Ad Manager platform were hit with an unexpected glitch last week that caused ad prices to soar over 100X, in one instance.This resulted in them burning through their daily ad budgets within hours, keeping them from running further campaigns, which cost them potential sales.Business Insider spoke to ad buyers impacted by this glitch, who spend hundreds of thousands of dollars monthly with Meta on behalf of small businesses and direct-to-consumer brands.These types of companies are critical advertisers for Meta because they make up the bulk of the platform’s ad revenue.Tom Brown, founder…

Visa Inc. (NYSE:V) Wolfe Research FinTech Forum March 14, 2024 9:20 AM ET Company Participants Chris Suh – CFO Conference Call Participants Darrin Peller – Wolfe Research Darrin Peller So first of all, good morning again. And thank you, everybody, for being here again. I’m Darrin Peller from Wolfe Research, covering FinTech and Payments. Really happy to have Visa with us. And I think many of you, some of you have met, before with Chris, some of you not. But he’s been now, how long has it been – CFO? Chris Suh Yes, it’s been since August. Darrin Peller So…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US-Israel relationship erupted on Thursday after America’s most prominent Jewish politician called for Benjamin Netanyahu’s hardline government to be replaced, accusing him of weakening his country’s “political and moral fabric” and being an “obstacle to peace”.Chuck Schumer, a close ally of President Joe Biden and the most senior Democrat in the US Senate, said that Washington should use its leverage over Israel to force Netanyahu’s ruling coalition to adopt a more moderate course, if it remained in power after the war…

Multiple Democratic senators and their staff have privately warned the White House in recent days that there does not appear to be enough votes in the Senate to confirm Adeel Mangi, President Joe Biden’s Muslim-American judicial nominee, sources familiar with the conversations tell CNN – appearing to suggest that the confirmation of one of Biden’s top-priority judicial picks is in peril. Biden nominated Mangi in November to the US Third Circuit Court of Appeals. If confirmed, the New York-based litigator would become the first Muslim-American to serve on any federal appeals court. But some allies of the White House on…

By Anjana Anil (Reuters) – Gold raced to an all-time high on Thursday, extending its record run this week as increasing bets for U.S. monetary easing added to sustained tailwinds for bullion from central bank buying and safe-haven demand. was up 0.4% at $2,156.93 per ounce as of 02:00 p.m. ET (1900 GMT), hitting record high of $2,164.09 during the Asian trading hours. U.S. settled 0.2% higher at $2,165.2. Powell said the Fed is “not far” from getting enough confidence that inflation is heading to the Fed’s 2% goal to be able to start interest-rate cuts. Traders are now pricing…

By Josh Ye HONG KONG (Reuters) – China’s Baidu (NASDAQ:) has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo’s smartphones, in the latest team up with a phone manufacturer as it seeks practical applications for its AI model. A spokesperson for Beijing-based Baidu told Reuters this week that the partnership involves Lenovo using its Ernie large language model (LLM) and is similar to collaborations with Samsung (KS:) and Honor announced last month. Lenovo sells its own branded phones and also owns the phone brand Motorola (NYSE:). Ernie is already embedded in the browser and app…

While the inflation rate has been easing downward, retirees’ budgets are still being stretched pretty thin. Over the past few years, above-average inflation has meant significant Social Security cost-of-living adjustments. Will this trend continue? How big of a Social Security COLA will retirees get in 2025? What Was The Social Security COLA For 2024? The Social Security COLA for 2024 was 3.2%. While this SS COLA was much higher than most years, it was still far lower than the 2023 Social Security COLA. What Was The Social Security COLA For 2023? Retirees received a whopping 8.7% Social Security COLA for…