Goldman Sachs saw a 3.3% increase in premarket trading after beating Wall Street’s first-quarter earnings expectations. The company posted earnings of $11.58 per share on revenue of $14.21 billion, which surpassed analysts’ predictions of $8.56 per share on revenue of $12.92 billion. The positive performance was fueled by strong results in trading and investment banking
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In the midst of increased tensions in the Middle East and uncertainty surrounding Federal Reserve rate cuts, the U.S. dollar has managed to maintain its elevated position. The Dollar Index, which measures the dollar against a basket of other currencies, has seen a slight decline but remains near its highest levels since early November. Last
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Bitcoin recently faced a flash crash, plummeting to slightly above the $61,000 level. Peter Schiff, a well-known Bitcoin skeptic, pointed out that this price is equivalent to about 26 ounces of gold. In contrast, at its peak a couple of years ago, one Bitcoin was worth 37 ounces of gold. This 30% decline has led
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Amidst turmoil in the cryptocurrency market, Samson Mow, a prominent proponent of the “$1 million for Bitcoin” theory, has offered an optimistic view of Bitcoin’s future. Despite a sharp decline in Bitcoin’s price due to geopolitical tensions, Mow remains steadfast in his confidence in the cryptocurrency’s potential for growth. Even after Bitcoin lost nearly 14%
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