Author: Press Room
Bitcoin, the original and most prominent cryptocurrency, has once again shattered expectations by surging past the $30,000 resistance level, leaving investors and market analysts alike wondering where it will head next. This remarkable milestone highlights the growing acceptance and mainstream adoption of digital currencies, as well as their potential to disrupt traditional financial systems. As the excitement around Bitcoin’s meteoric rise continues to build, market participants eagerly speculate on its future trajectory and the next price target in the ever-evolving landscape of cryptocurrency investments.MicroStrategy’s Michael Saylor Champions Corporate Bitcoin Adoption as Company Gains on InvestmentMichael Saylor, the founder and executive chairman of…
Goldman Sachs is investing hundreds of millions in Greek hotels, The Wall Street Journal reported. The bank bought 3 seaside properties in the northern region of Halkidiki, per the report. Goldman is said to be interested in buying more hotels, and may combine them under one brand. 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 Goldman Sachs plans to invest hundreds of millions of dollars in Greek hotels and aims to buy more properties.That’s according to The Wall Street Journal, which said the bank…
Andrew and Mark Ansell are former Microsoft interns who also worked at Apple and Tesla. They say Microsoft has one of the best work cultures and that they really enjoyed their time there. This is their story, as told to reporter Jenna Gyimesi. 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 The as-told-to essay is based on a conversation with Mark and Andrew Ansell, former Microsoft employees. It has been edited for length and clarity.Mark was a product management intern for the Surface department…
Investment Summary ABM Industries Incorporated (NYSE:ABM) is a facility solutions provider in the US. Their services range from janitorial and cleaning to electrical and lighting, heating, ventilation, air conditioning, and energy management. They serve a wide range of customers from different industries such as commercial, industrial, healthcare, and education. This wide array of services has netted the company a very strong cash position at $1.3 billion. But that is about where the excitement ends in my opinion. The company has not been able to experience any significant growth. The earnings last report had the revenues increase 3% YoY, with most…
The failures of Silicon Valley Bank and Credit Suisse have made a global economic slowdown more likely and European governments should be ready to support businesses as credit conditions tighten, veteran Italian banker Corrado Passera has said.“The banking crisis in the United States and the situation at Credit Suisse have increased the risk of recession,” said the 68-year-old, who left the top job at Italy’s largest bank Intesa Sanpaolo to serve in government at the height of the country’s debt crisis in 2011. Passera, who is now chief executive of Illimity, a digital bank he founded five years ago, added…
Tina Peters – the former clerk of Mesa County, Colorado, and the state’s most prominent 2020 election denier – was sentenced by a judge Monday to home detention and community service after she was found guilty last month of obstructing a government operation. Peters was sentenced to four months of home detention with an ankle monitor and will be required to complete 120 hours of community service within one year. She was also ordered to pay a $750 fine. The judge, however, stayed the sentence shortly after handing it down because Peters’ attorney said he would be filing an appeal.…
Microsoft, Amazon.com and Alphabet should all deliver solid cloud results in their upcoming earnings as cloud spending across businesses has stabilized, says one Wedbush analyst. For cloud businesses, Microsoft (ticker: MSFT) has Microsoft Azure, Amazon (AMZN) has Amazon Web Services, and Alphabet (GOOGL) has Google Cloud Platform. Wedbush analyst Dan Ives wrote in a research note that he expects Microsoft , Amazon and Alphabet to report cloud results for their upcoming earnings that either meet or beat Wall Street expectations. “Large cap tech and sub-sectors such as cloud and cyber security are seeingmuch more resilient growth than the Street had…
Gold prices ended lower on Thursday for a second day in a row, but posted a sixth straight weekly gain for the holiday-shortened week and remained within striking distance of the yellow metal’s all-time closing high for a most-active futures contract.Price action The June gold contract GC00, +0.45% GCM23, +0.45% declined by $9.20, or nearly 0.5%, to settle at $2,026.40 per ounce on Comex, with prices for the most-active contract up 2% for the holiday shortened week, according Dow Jones Market Data. Prices settled at $2,038.20 on Tuesday, the highest finish since March 2022. Silver futures for May delivery SI00,…
I asked my girlfriend to move in with me and am having a moral personal dilemma when it comes to rent. She has said she would not move in with me if she wasn’t paying, so nothing isn’t an option. I bought the house in November 2019, and up until a few months ago I have always had two roommates paying me rent. One just moved out to live with family as a result of health complications. The other roommate moved in a few months ago. Despite not having a lease, I would feel bad asking my remaining roommate to leave…
President Joe Biden on Monday called for background checks and other gun-control steps in the wake of a shooting at a bank in downtown Louisville, Ky. “It’s long past time that we require safe storage of firearms. Require background checks for all gun sales. Eliminate gun manufacturers’ immunity from liability. We can and must do these things now,” he said in a statement. Police said five people were killed in a shooting at a bank building in downtown Louisville and the suspected shooter is also dead. Six others were brought to the hospital after the Monday morning shooting, according to…
