Reportedly, this breach ranks high, especially since financial markets are holding a collective breath in anticipation of this virtual currency ETF approval. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The Bitcoin price jumped by more than 2.5% as the post in question zipped its way through the internet highways. Gary Gensler, the…
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Questioning reporting on its debt and earnings before interest, taxes, depreciation and amortisation (EBITDA), Gotham alleges misrepresentations in this regard to reduce the Grifols leverage ratio. The hedge fund further stated that the actual leverage ratio is about 10 to 13 times the EBITDA, instead of the six times reflected in the Grifols financial reports.…
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According to a Reuters report, the H20 chip launch was originally scheduled for November 2023; however, due to integration challenges faced by several different server manufacturers, the launch was postponed to its new date of October 2024. The H20, the third chip designed specifically with China as its majority user (after L20 and L2), is…
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The CCIA maintains that supervising the companies that offer digital payment services will choke innovation and progress, and hamstring startups in the industry. This response followed a November 2023 statement by the CFPB, which claimed that financial operations such as smartphone payments and digital wallets emulated traditional payment methods but fell short of user protection.…
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Harpoon has a portfolio of innovative T-cell engagers using the company’s proprietary TriTAC and ProTriRAC platforms to harness and activate a patient’s immune system to eliminate malign cells. During 2023, Harpoon shares climbed by 41% and surged by almost 112% on Monday. Analysts believe Merck is exploring new avenues of growth as its current top-selling…
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This year, the regional banks and their members are Cleveland’s Loretta Mester, Atlanta’s Raphael Bostic, San Francisco’s Mary Daly and Richmond’s Tom Barkin. Despite raising rates to a 22-year record high in H1 of 2023, Wall Street is still expecting rate cuts to begin in March this year, continuing for six rounds, so the new…
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As traders recently turned bullish on the sterling for the first time in three months, analysts believe the UK economy, which spent most of 2023 on the rim of recession, is on the rise. Bloomberg reports that stocks are also stronger, according to the latest retail statistics. Realistically, this outlook can sour very quickly, especially…
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Starting today, cryptocurrency investors will have to declare which type of investments they action and answer questions on a variety of financial services and regulations if they wish to keep on trading on these platforms. On this declaration, users must choose an investor profile, which is either high net-worth above £100,000, more than £250,000, or…
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The dollar set itself on track for its longest winning streak since September 2023 and the 10-year US Treasury yield rose one basis point at 4.01%. The US data due to be released later today will contain information regarding rate cuts from the Federal Reserve, with market sentiment predicting good nonfarm payrolls data. Don’t miss…
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According to Reuters data, the MSCI’s Asia-Pacific shares index recorded a 0.18% Hang Seng (.HSI) decline during Friday morning trades. The MSCI’s world index performance displayed no drastic fluctuations and is set to close the week on a 1.7% negative. An exception to these mediocre movements, the Japanese Nikkei (.N225) was up by 0.5% following…
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