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European stocks and Wall Street futures slipped on Thursday after tech earnings disappointed, while investors prepared for key central banks meetings next week.  Europe’s region-wide Stoxx 600 lost 0.2 per cent, dragged lowed by declining technology stocks, while France’s Cac 40 gave up 0.1 per cent and Germany’s Dax slipped 0.2 per cent at the
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The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA), issued a circular on supervision and issuance of virtual assets in the country. In the circular, the CMA confirmed the commitment to “absolute prohibition” on
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In today’s episode, I’m going to share with you the pros and cons of penny stocks. Penny stocks are hugely attractive, and they are great for certain types of traders. But they’re horrible for other types of traders. In this episode, we’ll cover the advantages and disadvantages of penny stocks, so that way you can
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Mathematical relationships underpin the arrangement of notes in a composition — and that makes music particularly open to AI-powered tools, which can be taught to recognise and create melodies and rhythms. Such tools are spreading at a rapid rate across all levels of the music industry, from streaming platforms and record labels to musicians and
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The last thing the US military needs is to become a piñata in America’s woke wars. Having been given no choice, it must now deal with the reality. The details of the defence funding bill the House of Representatives passed last week can probably be ignored — they will probably be gutted in the Senate.
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There are three kinds of lies on the internet. Lies, damned lies, and one-to-five-star ratings. I’m not just talking about the kind of ratings that can be bought from a fake reviewer for $5 a pop (though those are indeed a plague). I’m talking about the supposedly real ratings that we give by mindlessly tapping
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Foreign buying in Asian emerging equity markets outside China has surpassed inflows to the region’s largest economy for the first time in six years, as investor optimism about Chinese growth wanes. Over the past 12 months net foreign inflows to emerging markets in Asia “ex-China” were more than $41bn, outstripping net inflows of about $33bn
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Tesla’s profit margins slipped in the latest quarter as a series of price cuts this year weighed on its earnings, according to figures released on Wednesday. Profitability still held up better than many analysts on Wall Street had forecast, and the US electric-car maker reiterated its target of selling 1.8mn vehicles this year, suggesting it
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China’s ambassador to Washington has warned Beijing will retaliate against US national security measures targeted at the country, including a mechanism to screen inbound investment being prepared by the White House. Speaking at the Aspen Security Forum, Xie Feng said China “cannot remain silent” while the US imposes sanctions and export controls that will make
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Bitcoin (BTC) is struggling to reclaim its psychologically-important level at $30,000 as analysts predict that choppy accumulation may last for months. Bitcoin soared to a new yearly high of over $31,800 on July 13, driven by optimism surrounding the potential approval of exchange-traded funds (ETFs) in the United States and Ripple’s landmark legal victory in
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