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Day: July 24, 2024
Kamala Harris decided NOT to speak at #Bitcoin 2024 Conference in Nashville, CEO David Bailey confirms
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Chris Weston, Pepperstone: Our calls for the Asia equity open – not a pretty picture, but then again, hello vol
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S&P 500 SNAPS 356 SESSION STREAK WITHOUT A DAILY DECLINE OF AT LEAST 2%, LONGEST STREAK SINCE 2007 – RTRS
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CHIPOTLE SHARES EXTEND POSTMARKET GAIN TO 11% – Taco ‘bout a post earnings rally…
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Elon Musk spotted on Capitol Hill doubling down on his challenge to fight Mark Zuckerberg: “Any place, any time, any rules”
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Ferrari is set to extend its acceptance of cryptocurrency payments to Europe from the end of July.
The Italian carmaker Ferrari stated that their decision to accept cryptocurrency transactions aims to better meet the “evolving needs of its clients.” After launching crypto transactions in the US last year, Ferrari announced plans to extend this option to other countries where cryptocurrency is legal tender by the end of 2024. In their statement, Ferrari mentioned that they are working with various companies specializing in cryptocurrency payments to ensure transaction security. “These solutions will enable dealers to accept payments without managing cryptocurrencies directly, as these will be instantly converted into traditional currency,” Ferrari explained. In the US, Ferrari uses the crypto payment platform Bitpay, which handles this conversion process. Ferrari emphasized that this method allows them to verify the source of funds and shield transactions from price volatility due to exchange rates. The high energy consumption of cryptocurrencies has discouraged other car manufacturers, such as Tesla, from accepting them as payment – although Tesla now accepts Dogecoin for merchandise purchases. Tesla initially began accepting Bitcoin in 2021, but its CEO, Elon Musk, suspended it due to “environmental concerns.” When Ferrari started accepting crypto payments in the US last year, their chief marketing and commercial officer, Enrico Galliera, informed Reuters that cryptocurrency providers have been striving to lessen their carbon footprint. submitted by /u/Lor1al [link] [comments]
Today everything is interesting
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what did he say? “The Government tried to kill President Trump…”
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NASDAQ 100 FALLS 3% IN BIGGEST DECLINE SINCE DECEMBER 2022
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Making $1 million at 25 and creating the ‘Turtles’ method: The extraordinary tale of Richard Dennis
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Front S&P future now down 1.75% on the day, set for worst day since Feb 23 – MrMBrown
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Deep-frozen riches
Bloomberg published a funny article about rich people who participate in a program to freeze their carcasses immediately after death. The idea here is that in the future (perhaps) people will learn to defrost and revive such cadavers – and then the time will come to take the prepared semi-finished products out of the freezer. The only question that remains is: what to do with the bucks? Where should we put them so that they will definitely survive and have some value in 300 years? And will a defrosted corpse be legally considered the same person in order to inherit all this? It would be a great shame to unfreeze on the Beautiful Planet of the Future only to be the poorest person there. So, it turns out that there are already special finance advisors who specialize in precisely such problems. They advise, so to speak, those who have already bought a ticket to the freezer. Truly, there is no problem with money that a financier will not undertake to solve (for a corresponding commission, of course). Source: https://www.bloomberg.com/news/articles/2024-07-09/rich-people-freeze-themselves-and-fortunes-for-future-revival?embedded-checkout=true submitted by /u/XGramatik [link] [comments]
Pepperstrone, MrMBrown: CAD OIS curve discounting a further 44bp of easing this year after today’s back-to-back cut from the BoC, fully pricing a 25bp cut by Oct, with a 3-in-4 chance of a 2nd such cut by December
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Tesla drops -10% after their latest earnings report failed to meet traders’ expectations.
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The 2-year Treasury yield has fallen to 4.404%, its lowest level since February
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I buy TSLA because I am poor. I am poor because I keep buying TSLA.
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The Japanese yen has strengthened by 1% to 153.94 per USD, reaching its highest level since May
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Crypto investors – they’re something else (meme from wallstreetbets)
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easyJet shares soar +9.3%
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The facts look like this: – major US indices were dragged down by poor earnings amid political uncertainty following VP Kamala Harris’ nomination. Investors await critical GDP and inflation data for further clues on market direction.
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Professional humor
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DEUTSCHE BANK SHARES DROP 7.7% AFTER 2Q LOSS, BUYBACK SCRAPPED
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Does money bring you happiness?
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