Author: Admin

BitMine Immersion Technologies (BMNR), the largest Ethereum-focused digital asset treasury firm, increased its crypto purchase pace as Chairman Tom Lee said he sees growing signs the crypto “mini-winter” is ending.The firm reported Monday it bought 101,627 ether (ETH) last week, the largest weekly haul since Dec. 15. The purchase, worth roughly over $230 million at current prices, lifted BitMine’s total holdings to 4.97 million ETH.The move comes as most digital asset treasury companies — except Michael Saylor’s bitcoin BTC$75,293.06-focused Strategy (MSTR) — have slowed or halted buying. BitMine remains one of the last large-scale buyers of ether, providing a steady…

(RTTNews) – AT&T Inc. (T) and Citigroup Inc. (C), Monday announced new benefits of the AT&T Points Plus Card, which now includes monthly AT&T wireless and internet bill discounts, 2x ThankYou Points on AT&T products and services and no foreign transaction fees. Through this program, the card offers wide-ranging and flexible redemption options, including travel, gift cards, cash back, shopping at participating retailers and more. Additionally, customers can also continue to enjoy World Mastercard benefits such as Mastercard ID Theft Protection and Priceless Experiences, which offer cultural, culinary and entertainment opportunities. In the pre-market hours, T is trading at $26.54,…

USA Rare Earth will buy Brazil’s Serra Verde, which is seen as representing more than half the non-China heavy rare-earth element supply.

(RTTNews) – Ennis, Inc., (EBF) a U.S. based supplier of business products, Monday reported lower earnings for its fourth quarter in spite of higher revenues For the fourth quarter, Net earnings came in at $8.84 million compared to $9.02 million last year. The company reported a one time other expense of $4.2 million this quarter as compared to an income of $406 million reported for the same period previous year. Diluted earnings per share were $0.35 for the quarter, flat with the prior year However, quarterly revenue rose 4 percent to $96.4 million, helped by acquisitions that contributed $8.8 million…

Italy saw modest growth in Q1, supported by Olympics, central bank estimates

Policy-makers are increasingly operating in a “grey zone” with an unclear direction of travel, and communication must evolve to capture these nuances, senior central bank economists have argued at the International Monetary Fund’s Spring Meetings.At a panel at the event in Washington on April 16, participants discussed how monetary policy frameworks should react to structural trends in the global economy, including changes in demographics, climate, technology and geopolitics.Philip Lane, chief Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits,…

You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7,100 for the first time and the Nasdaq completing its longest-winning stretch since 1992 — 13 days of gains. For the week, the broad-based S & P jumped 4% while the tech-heavy Nasdaq rose 6%. The Dow Jones Industrial Average increased 1.7%. It capped a rare and dramatic turnaround for the stocks. As Barclays strategist Venu Krishna pointed out in a note to clients, the S & P 500 went from…

“Another option would be for me to purchase the condo myself and have him pay me rent.”

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxFormer Trust Bank Chief Strategy Officer Nick Woodruff has joined SC Ventures as Head of Early-Stage Ventures.The move follows his departure from Trust Bank, where he spent five years as part of the founding team and held roles spanning strategy, product, marketing and Gen AI.Prior to joining Trust Bank, Woodruff spent a decade at Standard Chartered and earlier held roles at Finsbury Glover Hering, and Barclays.Nick WoodruffHe said,“During my time at Trust Bank Singapore and FGS Global, I’ve seen first-hand the positive impact of venture building, particularly the…

Alibaba shares have accelerated their gains this month as the Chinese e-commerce giant has released a succession of new artificial intelligence models. “Alibaba’s approach of having a large range of AI models [is] a smart strategic play that sets it apart from other players and designed for efficiency,” said Brian Tycangco, an analyst at Stansberry Research. “A single large model that carries enormous features may not be practical for AI markets that don’t require complex search and compute,” he said. “This makes it too expensive for a good portion of the addressable market that needs an AI model for basic…