Boeing’s Starliner capsule, which delivered NASA astronauts to the International Space Station in early June, will now be returning to Earth empty. This decision was announced by NASA on Saturday, stating that astronauts Butch Wilmore and Suni Williams will now return via SpaceX’s Dragon spacecraft. This change comes as a surprise, as it was previously
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One of the buy-rated stocks recommended by Bank of America analysts is Nvidia. The firm is advising clients to buy any dip in Nvidia’s stock, especially with the upcoming unveiling of its second-quarter earnings. Analysts believe that there are multiple drivers for potential upside in the second half of the year, including the rollout of
Nick Tomaino, the CEO of crypto investment firm 1confirmation, has made a bold market prediction regarding Ethereum. He believes that Ethereum might eventually surpass Bitcoin, a phenomenon known as “flipping.” In the recent Q2 2024 LP letter from 1confirmation, Tomaino presents the firm’s strongest crypto theses, including the notion of Ethereum challenging the market reign
As the third quarter progresses, many of the biggest commodity ETFs in the United States have taken a hit. This includes index-style funds like Invesco’s Optimum Yield Diversified Commodity Strategy ETF and single commodity-focused funds like the United States Oil Fund. The slump in commodities has raised concerns about slower economic growth, with the exception
Recent statements from Fed Chair Jerome Powell have indicated that the Federal Reserve is preparing for interest rate cuts in the near future. While the exact timing and extent of these cuts remain uncertain, investors are keenly watching for any developments in this area. According to analyst John Pancari from Evercore ISI, several regional banks
The Biden administration recently announced that it will be resuming the distribution of free at-home Covid-19 tests to American households in late September. This decision comes as the virus continues to spread rapidly in the U.S. during the summer months. The initiative will allow Americans to request up to four free tests through COVIDtests.gov, providing
A recent proposal by the city manager of Sparks, Nevada, has caught the attention of many as it suggests the implementation of the city’s first toll road. The 13-mile toll road would be developed under a public-private partnership model, which would require approval from state lawmakers due to current regulations prohibiting fees on roads involved
In an exciting turn of events, ChainwirePlayFi recently announced the successful sale of its Genesis Nodes in under 24 hours. This AI-powered data network and blockchain, specifically designed for the live content industry, has been making waves with its innovative approach. The Genesis Node Sale, which took place on August 14, 2024, saw all 1,000
In recent years, top homebuilders such as D.R. Horton and Lennar have shown impressive shareholder returns, outpacing the broader S&P 500 index. However, analysts have recently downgraded the investment outlook for both companies, raising concerns about their future performance. Despite this, some investors remain optimistic about the industry’s prospects for growth and success. Industry observers
The U.S. dollar has been experiencing a downward trend in early European trade, despite a brief rebound from seven-month lows. The Dollar Index, which measures the greenback against a basket of six other currencies, is currently trading 0.1% lower at 101.245. Although the dollar saw a slight recovery earlier in the week, it has still