Crypto analyst Benjamin Cowen predicts Ethereum will outperform Bitcoin in 2025, citing historical patterns and the potential for a shift in market dynamics driven by the Federal Reserve’s monetary policy. He suggests investors may want to adjust their portfolios, increasing their Ethereum allocation closer to 20% by 2025.
US inflation cooled in August to its lowest point in over two years, but core inflation, which excludes volatile food and energy prices, remained persistent. This suggests that the Federal Reserve might take a more cautious approach to interest rate cuts in September, despite initial expectations for a larger reduction.
Airbus Helicopters Canada is celebrating 40 years of operations in Canada with a special event on September 13th, 2024. The event will showcase the company’s significant contributions to the Canadian economy, public safety, and the global aerospace industry. Attendees will have the opportunity to explore the company’s state-of-the-art facility, learn about its commitment to sustainability, and hear from key executives about the future of aviation.
The global ocean power market is poised for substantial growth, with projections indicating a surge from USD 1.14 billion in 2024 to USD 3.98 billion by 2031, fueled by a rising demand for renewable energy sources. This growth is driven by the increasing awareness of climate change and the global push for environmentally sustainable solutions, leading to a shift away from fossil fuels.
As the 2024 US presidential election approaches, the CEO of IBC Group, Mario Nawfal, discusses the potential impact of a change in leadership on crypto regulations. Nawfal expresses optimism about regulatory changes under a potential Trump presidency, highlighting the former president’s stance on crypto compared to Vice President Harris. He also emphasizes the need for the crypto industry to shift its focus from quick profits to developing user-friendly and sticky products.
Applied DNA Sciences, through its subsidiary Applied DNA Clinical Labs (ADCL), has expanded its clinical testing services for mpox, leading to a 37% surge in its stock price. The new service now includes detection of both Mpox Clade I and Clade II, aiming to bolster efforts to combat the rising mpox threat.
This report by the Global Business Travel Association (GBTA) and the National Limousine Association (NLA) delves into how corporate travel programs are navigating ground transportation policies in a changing business travel landscape. The study examines key trends, challenges, and best practices for optimizing this essential aspect of travel.
In a competitive housing market, a partially destroyed bungalow in Monrovia, California, is attracting surprising interest, with multiple offers despite its damaged state. This highlights the desperate need for housing in the area, even for properties needing significant repairs. The demand for homes is driven by the increasing difficulty of affording even starter homes, with homebuyers needing to earn significantly higher salaries than the average household income. Despite the challenges, there are some positive signs, with an increase in the number of starter homes available and a slight decline in mortgage rates.
Apple Inc. (AAPL) stock experienced a surge in price after TradePulse’s Power Inflow alert indicated large institutional investors were buying the stock. This signal, signifying a shift from net selling to buying, boosted investor confidence and fueled an uptrend. The stock reached its daily high shortly after the alert, offering a valuable opportunity for traders looking to capitalize on short-term gains.
Exxon Mobil Corporation is preparing for Hurricane Francine by significantly reducing production at its Baton Rouge, Louisiana refinery. The storm, expected to make landfall on Wednesday, has prompted evacuations and preparations across the region. Other major U.S. Gulf oil and gas producers are also taking precautions, with Shell shutting down production at several offshore assets. This event highlights the potential impact of severe weather on energy production and the importance of preparedness in the industry.
