Month: July 2024

SBUX earnings

STARBUCKS 3Q ADJ EPS 93C, EST. 92C STARBUCKS 3Q NET REV. $9.11B, EST. $9.2B STARBUCKS 3Q COMP SALES -3%, EST. -2.71% submitted by /u/XGramatik [link] [comments]

Hong Kong Legislator Proposes Bitcoin for Financial Reserves

Johnny Ng, a member of Hong Kong’s Legislative Council, has announced plans to explore how Bitcoin might benefit Hong Kong’s economy, especially as a protection against inflation. Ng recently shared his thoughts on X, emphasizing the importance of considering Bitcoin for strategic fiscal reserves. He believes that, with the right regulations, Bitcoin could strengthen Hong Kong’s financial system. He pointed out that Bitcoin’s limited supply and independent nature make it a valuable asset, attracting investors globally. Including Bitcoin in financial reserves could modernize Hong Kong’s financial approach. Ng also highlighted the necessity of careful research and regulatory compliance to safely integrate Bitcoin into Hong Kong’s financial reserves. He encourages the government to support technological innovation and create a favorable environment for Web3 development. This proposal comes at a time when Hong Kong is making significant strides in digital finance and blockchain adoption, with an evolving regulatory framework aimed at balancing innovation and security. submitted by /u/Lor1al [link] [comments]

Biden decries ‘extremism’ on Supreme Court, details plan for term limits, ethics code for justices

AUSTIN, Texas (AP) — President Joe Biden said Monday that “extremism” on the U.S. Supreme Court is undermining public confidence in the institution and called on Congress to quickly establish term limits and an enforceable ethics code for the court’s nine justices. He also called on lawmakers to ratify a constitutional amendment limiting presidential immunity. Still, Democrats hope it’ll help focus voters as they consider their choices in a tight election. The likely Democratic nominee, Vice President Kamala Harris, who has sought to frame her race against Republican ex-President Donald Trump as “a choice between freedom and chaos,” quickly endorsed the Biden proposal. submitted by /u/Ankle_be [link] [comments]

Risk cannot be seen with the naked eye

Risk is not shown on television, nor is it in the news. As a result, a small unexpected event in our personal affairs often causes much more harm than what is discussed for months in talk shows and blogs. The nature of risk is such that it often lurks in the mundane and unnoticed details of our daily lives. While we focus on sensationalized stories and trending topics, real risks might be building up in areas we consider safe or routine: Unattended Emails: Ignoring an important email from work or a service provider can lead to missed opportunities, project delays, or service disruptions. Neglected Communication: Lack of communication with a loved one can escalate into a major argument or even damage the relationship permanently. Misplaced Documents: Losing important documents like your passport, social security card, or tax records can cause significant stress and inconvenience, especially when you need them urgently. Overdue Bills: Forgetting to pay a bill on time can lead to late fees, a decrease in your credit score, and in some cases, service interruptions. Delayed Maintenance: Failing to perform routine maintenance on your car or home, like changing the oil or checking for leaks, can result in expensive repairs and unsafe conditions. Unsecured Devices: Failing to update your computer or phone with the latest security patches can make you vulnerable to cyber-attacks, resulting in data loss or identity theft. Don’t let social media impose its agenda on you. Generally, what is widely discussed has no relevance to you whatsoever. submitted by /u/FXgram_ [link] [comments]

Cyber attack on Russian Central Bank

Russia’s central bank on Monday left services unavailable or severely disrupted and caused users problems in using the bank’s website, local media reported. The Kyiv Independent cited an unnamed source in Ukraine’s Main Intelligence Directorate (HUR) as saying the agency was responsible for launching the distributed denial-of-service (DDoS) attack, which comes in the wake of a spate of similar operations. submitted by /u/Ankle_be [link] [comments]

Do you like McDonald’s?

MCDONALD’S 2Q REV. $6.49B, EST. $6.65B MCDONALD’S 2Q ADJ EPS $2.97, EST. $3.07 MCDONALD’S 2Q COMP SALES -1%, EST. +0.84% submitted by /u/XGramatik [link] [comments]

Binance Square: Donald Trump Says Bitcoin Is Going to the Moon: ‘United States Will Be the Crypto Capital of the …

Coinpedia: Former President and current Republican presidential nominee Donald Trump is scoring major points with crypto-minded voters in the United States. ‘Hello Bitcoiners, it’s good to be with you.’ he started. It seems like Trump’s days of bashing Bitcoin are over. Despite once calling it “scam,” Trump now appears to be offering the crypto community major support. He said, “Respect and admiration for what the bitcoin community has achieved.” Trump said that Bitcoin has become the most valuable asset in just 15 years. ‘That’s a big deal,’ he said. “Soon it will surpass the entire market cap of silver. One day it will probably overtake gold. There has never been anything like it. It’s a miracle of cooperation of human achievement,” Trump said. submitted by /u/Ankle_be [link] [comments]

US announced a bill to purchase 1 million BTC

Wyoming Senator Cynthia Lummis spoke at the Bitcoin 2024 conference and announced a bill to purchase 1 million BTC for the US balance sheet, representing 5% of the total supply of the asset. “Creating a strategic bitcoin reserve will firmly establish the dollar’s position as the world’s reserve currency in the 21st century and ensure that we remain a global leader in financial innovation,” the official said. The bill is expected to be introduced “in the coming days.” That’s not bad news, is it? With all the attention on BTC, I think there’s a good chance that the US could accumulate 5 to 15% of the total BTC supply in +- 5 years. submitted by /u/dll_crypto [link] [comments]