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All the world merely watches and Bitgert will rise to the moon while making people on board millionaires. Yes! BRISE Meteoric rising in this crypto market while investors are mesmerized by the chart of BRISE. Bitgert rose 65% in just a month while investors onboarding the spaceship have predicted that BRISE will touch the moon once again and create history!The 1-month is clearly showing the rising wave of Bitgert and all investors are optimistic about this growth and the wave will soon become a tsunami of dollars. Everyone wants to be on board with BRISE but initially understands the secret behind this…
Nvidia’s Q4 earnings smashed Wall Street’s high expectations.In a call with analysts, CEO Jensen Huang unpacked Nvidia’s chips and software business.Here are three fascinating things we learned. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app When Nvidia reported its earnings on Wednesday, it managed to exceed even Wall Street’s high expectations.The AI chipmaker had better-than-expected revenues of $22.1 billion in the fourth quarter, a 265% year-on-year increase. The company’s stock surged almost 15% in premarket trading after posting the blockbuster quarterly sales.But some of the more interesting details came…
Medical Properties Trust (NYSE:MPW) is managing its poor liquidity position by performing asset sales, a profile that is not sustainable, and a serious liquidity crunch can happen in the coming quarters. As I’ve analyzed in previous articles, I have been bearish on MPW over the past year, due to its fundamental issues that led to a significant dividend cut and because I have serious concerns about its ongoing cash burn. Since my first article on MPW in March 2023, its shares are down by more than 50%, including dividends, while the market went up by more than 28% during the…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chair of the Federal Reserve said it was likely to make “broad and material changes” to proposals to rewrite banks’ capital rules, as Republicans called for the existing interpretation of the so-called Basel III endgame package to be scrapped.Jay Powell told lawmakers on Wednesday that he did “hear the concerns” from lenders over the US interpretation of capital standards crafted by global regulators that form the Basel Committee on Banking Supervision.“I do expect that there will be broad and material changes…
Republican Senate candidate Kari Lake says she will court voters who backed GOP presidential candidate Nikki Haley – and those who would have voted for independent Sen. Kyrsten Sinema – even as she criticized Haley’s campaign as a “vanity project” in an interview with CNN Wednesday. Lake, a former Arizona gubernatorial nominee, told CNN she will seek the support of “all Republicans” in the state – and independents, too – making a pitch that they should get behind her expected Senate campaign against Democratic Rep. Ruben Gallego in what is now a two-way race after Sinema announced she will not run…
NEW YORK – JPMorgan, a leading global financial services firm, has adjusted its outlook for the oil market, projecting that oil prices will average $83 per barrel in 2024. This forecast comes amid expectations of a changing dynamic in the oil market, with a predicted decline to $75 per barrel in 2025. The bank has also revised its oil demand growth projections, indicating a significant slowdown. While initially, the growth in oil demand was expected to see an addition of 1.9 million barrels per day in 2024, JPMorgan now estimates that the increase will be just one million barrels daily…
Investing.com — U.S. stock futures seek direction heading into the final trading day of the week. The briefly touches the 5,000-point mark in intraday trading during the prior session following a bevy of mostly strong corporate earnings. Meanwhile, artificial intelligence-darling OpenAI’s annualized revenues reportedly surpass $2 billion as demand booms for the ChatGPT-maker’s products. 1. Futures search for direction U.S. stock futures sought direction on Friday, as investors assessed a busy week of quarterly corporate results. By 04:56 ET (09:56 GMT), the contract was widely unchanged, had gained 31 points or 0.2%, and had slipped by 19 points or 0.1%. On…
The clock is ticking on the expiration, or sunset, of the 2017 Tax Cuts and Jobs Act, which nearly doubled the lifetime estate and gift tax exemption from its previous levels. For 2024, the exemption stands at $13.61 million per person and $27.22 million for a married couple. However, this is scheduled to revert back to 2017 levels, that may put the exemption amount at around $7.5 million per individual and $14.5 million for a married couple, depending on inflation over the next few years. For high-net-worth families, there are financial planning strategies to take advantage of today before the…
A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings.The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire Suleiman Kerimov. The government said it wants to sell the $230 million yacht due to the “excessive costs” of maintenance and crew, which it said could total $922,000 a month.”It is excessive for taxpayers to pay nearly a million dollars per month to maintain the Amadea…
