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Meme coins are the best cryptocurrencies to invest in if you want fast exponential gains, popular pseudonymous crypto expert Altcoin Sherpa explained in a recent Twitter thread.According to Sherpa, meme coins can do something no “normal” coin like Bitcoin can do. That is to 500x in a matter of days.Sherpa explains that this is because they are built around a “simple idea” like a dog, meaning you “don’t need a big brain to understand it and you don’t need to go through complicated steps to work with it”.A recent example of this is the rapid surge in the price and…
King Charles has a personal fortune worth nearly $750 million, The Sunday Times reported. Analysis by the London newspaper found he is worth about $285 million more than the late Queen. A former aide said Charles became scrupulous with his finances after divorcing Princess Diana. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app King Charles has a personal fortune of nearly $750 million, eclipsing the net worth of the late Queen by hundreds of millions of dollars, according to a news report.Analysis by The…
Netflix said it has delayed rolling out its paid sharing program to Q2 from Q1. Under the new policy, members will pay a fee to share accounts with people outside of their households. The program has faced backlash from many customers, with Netflix’s co-CEO admitting it’s an unpopular move. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Netflix has delayed its long-awaited password-sharing crackdown – but it could be coming any day now. In its Q1 letter to shareholders timed with its earnings report, Netflix…
At least 80 Credit Suisse investors in Singapore are in talks to sue the Swiss government over its decision to write down $17bn of Credit Suisse bonds on the grounds it violates a free trade agreement. The bondholders are preparing to argue that the move breached protections against unfair state actions under the Singapore-European Free Trade Association signed with Switzerland in 2003, according to law firm Wilmer Hale, which is in talks with investors. The potential lawsuit in Singapore would open a new front in the legal battles against Switzerland for its decision to wipe out the bonds as part…
Anti-vaccine activist Robert F. Kennedy Jr. launches presidential bid against Biden CNN’s Jeff Zeleny reports on the Robert F. Kennedy’s 2024 presidental bid, which is meant with skepticism from voters and the Kennedy family is publicly opposing his campaign against President Joe Biden. Read the full article here
Price wars have consequences, even for Tesla, the world’s most valuable car company. Tesla‘s (ticker: TSLA) first-quarter earnings, reported Wednesday evening, met expectations, but its first-quarter automotive gross profit margins were bad. No matter how investors slice and dice the numbers, results will leave them with questions about EV demand and Tesla’s pricing strategy. Automotive gross profit margins, excluding regulatory credits, came in below 16%, down from about 21% in the fourth quarter of 2022. It is the first time that number has been below 20% since the second quarter of 2020. Including leases, the auto business generated gross profit margins…
With the start of the March quarter tech earnings season just days away, there are growing signs of trouble on the IT spending front, which could mean earnings misses, soft outlooks, and trouble for stock prices. IBM (ticker: IBM) and SAP (SAP) will provide the first fresh look at IT spending when they report financial results later this week, with further important clues to follow next week from Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), and Amazon.com (AMZN). On Monday, both Citi and Goldman Sachs released the results of IT spending surveys, and they reached nearly identical conclusions: Things are slowing…
Home prices are falling, but the housing market is still too expensive for most Americans. High home prices, income and closing costs are holding back nearly three in four aspiring homeowners, Greg McBride, chief financial analyst at Bankrate, said Wednesday. “Affordability is a central issue for owners and non-owners alike,” he added, “with 64% of Americans willing to sacrifice, such as downsizing or moving out of state, to find more affordable housing.” Bankrate worked with YouGov to conduct the survey. Over 2,500 adults in the U.S. were surveyed in March; 1,338 of that sample were homeowners. The median price of…
The Biden administration has signed on a new round of public and private commitments to add electric-vehicle (EV) charging options around the U.S. beginning now and into the next several years, it said Monday. The commitments include investment pledges from ride-share giant Uber Technologies Inc. UBER, +0.98%, Zipcar and other tech companies and add to the list of participants the White House first announced in February. At that time, the Biden team said it had negotiated with Tesla TSLA, -2.02% to open thousands of its proprietary SuperCharger stations to wider use. Related: Tesla unlocks EV network. What’s next in push…
