Month: November 2024
Coinbase’s big election bet is about to be tested
WASHINGTON — In the first few years after founding Coinbase, CEO Brian Armstrong shied away from Washington, D.C. But as his ambitions for his crypto exchange scaled, so too did his need to curry favor on Capitol Hill. “About five or six years ago, we realized that crypto was getting big enough that we needed […]
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Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000
Bitcoin and USA flag on a cracked wall. Ruma Aktar | Istock | Getty Images Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. Bitcoin rose 1.9% to $68,783.69, according to Coin Metrics. It’s sitting 7% below its all-time high, after coming within spitting distance of it last week. […]
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UK’s ultra-rich feel the pinch from Labour’s tax-raising budget
Ford GT supercar with Kuwait number plate parked outside a restaurant on Burlington Gardens near Bond Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — Britain’s wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government’s budget, which they […]
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Stocks making the biggest moves premarket: Trump Media, Hims & Hers, Palantir and more
Check out the companies making headlines before the bell. Trump Media & Technology — Shares of the TruthSocial parent, which has a majority ownership by Republican presidential candidate Donald Trump, climbed about 9% during premarket trading on Election Day . The stock has been seen as a proxy for betting on the former president’s likelihood […]
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Ferrari’s core profit rises 7%, helped by product mix, personal touches
A Ferrari logo is being installed on a Ferrari car at Ferrari’s new ‘e-building’ facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. Daniele Mascolo | Reuters Ferrari said on Tuesday its core earnings rose 7% in the third […]
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Former House Speaker Kevin McCarthy on 2024 election: I would give an advantage to Donald Trump
Former House Speaker Kevin McCarthy joins ‘Squawk Box’ to discuss the state of the 2024 election, the balance of power in Congress, what to watch for in tonight’s results, and more. Source
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Election Day 2024 Live Updates: Voters cast their ballots today as Trump and Harris keep low profiles
First results are in from a small New Hampshire town — it’s a Harris-Trump tie A voter walks with his dog after casting his ballot in the First-in-the-Nation midnight vote for the New Hampshire primary elections in the Living Room of the Tillotson House at the Balsams Grand Resort in Dixville Notch, New Hampshire, on […]
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As Americans head to the polls, social media companies are in the spotlight
Kamala Harris and Donald J. Trump social media sites on X, formerly known as Twitter, are displayed on mobile phones screens for illustration photo. Beata Zawrzel | Nurphoto | Getty Images With Americans heading to the polls on Election Day, social media companies like Meta, TikTok, X and YouTube are under intense pressure to handle […]
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Burger King parent Restaurant Brands falls short of third-quarter expectations
A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. – the parent company of BK- in new and existing markets. Joan Cros | NurPhoto | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as domestic same-store sales growth […]
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Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
Budrul Chukrut | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street’s expectation as same-store sales at KFC and Pizza Hut slid more than expected. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.37 adjusted […]
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