Author: Perry

ASML, the maker of advanced microchip-making equipment, on Wednesday reported better-than-expected earnings after foundries upgraded their machines as its bookings surged ahead of estimates. Source link

Ethereum (ETH) has been lagging behind Bitcoin for the past six months, sparking speculation about its next major move. While Bitcoin surged nearly 60%, Ethereum has remained flat, showing no significant gains. However, multiple analysts and algorithmic models now suggest that Ethereum is on the verge of a breakout, with price predictions ranging from $9,000 to $10,000 in 2025. Ethereum Price Predictions: $9K–$10K in 2025? Several analysts and crypto influencers have made bullish predictions for Ethereum’s price trajectory this year: #Ethereum Breakout Imminent 🚀#ETH is on the verge of breaking out from a falling wedge pattern. pic.twitter.com/ii9e69MNd0 — Titan of…

Scotland will cap rent increases at CPI+1% up to a maximum of 6% within a rent control area, a more relaxed policy compared to a previous 3% rent cap. The Housing (Scotland) Bill was introduced on 26 March 2024 and will require local authorities to study rent levels in their jurisdictions at least once every five years, while ministers will be able implement rent controls and issue limits on rent increases. The legislation is at Stage 2 of the process in the Scottish parliament. The next step is Stage 3, followed by Royal Assent, after which the bill will become…

Gatestone Institute senior fellow Gordon Chang discusses China calling for a ceasefire after Hamas attacks on Israel, U.S. Senate delegation meeting with President Xi Jinping and the Biden administration’s foreign policy. Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business…

“Get your $TRUMP now,” came the message from America’s president-elect three days before his inauguration. The commander-in-chief’s meme cryptocurrency, the aggregate value of which has so far peaked at almost $15bn, is far from the only sign of the administration’s ardour for digital assets. One new government department (DOGE) has been christened after another meme coin. It is now quicker to list people close to the president who do not have significant financial interests in crypto than those who do. For anyone not paying attention, an executive order on January 23rd made things clear: digital assets, it announced, would play…

Trump’s $500 billion AI project is smoke and mirrors — and bad economics. China’s AI thunderbolt doesn’t help. Source link

Cboe BZX Exchange Inc. filed 19b-4 with the U.S. SEC, a proposed rule change to amend the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH) to permit in-kind creations and redemptions.  According to the 19b-4 form, the ARK Bitcoin and 21Shares Ethereum ETFs will now be allowed to process creations and redemptions in-kind rather than in cash only. All other representations will remain unchanged. Nate Geraci, president of the ETF Store Inc., explained that individuals (retailers) will not be able to do in-kind creations and redemptions. Only authorized participants (APs) will have access to the service. …

New stamp duty rules are set to come in from April which could catch out many homebuyers and leave them paying thousands more than planned. Currently, first-time buyers do not pay any stamp duty on homes costing up to £425,000, while the threshold for other buyers is £250,000. But from 1 April 2025, the threshold for first time buyers will drop to £300,000. Meanwhile for buyers who are not first-time purchasers, it will be slashed in half to £125,000. Home buyers will need to act by the start of February to have a chance of beating the costs, writes property expert…

Gold is one of the largest financial assets in the world with an average daily trading volume of $183 billion, and its value has seen explosive growth in recent years. At the start of 2000, gold was priced at just $460 per ounce when adjusted for inflation. By August 2021, that number had ballooned to roughly $1,815 per ounce. But not all investors are in love with gold. Warren Buffett has spoken out numerous times on his doubts, calling it an asset with “no utility.” “It doesn’t produce anything and that’s why from a long-term perspective, it’s a hard asset…

This article was written byFollowAbout My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds.  I will occasionally break away and write about the economy at large or a special situation involving a company I’ve been researching in. I target two articles per week for publication on Monday and Tuesday.About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economics. I enjoy numbers. I have been investing since 2000. Professionally, I am the CEO of an independent living retirement community in Illinois.Analyst’s Disclosure: I/we have no stock,…