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Alternative cryptocurrencies TON and Render Network’s RNDR have experienced significant gains in the past 24 hours due to positive news flows. TON, the native cryptocurrency of The Open Network, has risen 17.5% after reports emerged that the highly-anticipated launch of Notcoin’s native coin, NOT, is scheduled for May 16. Leading cryptocurrency exchanges such as…
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According to recent reports and economic forecasts, Japan’s economy is expected to experience a contraction of 1.5% annually during the first quarter of 2024, following a marginal growth rate of 0.4% during the final quarter of 2023. This downturn can be attributed to a general slump in major drivers of economic growth, including private…
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In response to Japanese regulators requesting LY Corp., the operator of the popular messaging app Line, to decrease its reliance on Naver, the Korean partner in the business, South Korea has pledged to safeguard its firms working abroad. The demand stems from a significant data breach at Naver’s cloud computing services in the previous…
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Despite facing inflationary pressures that have squeezed diners at popular restaurants such as Applebee’s and IHOP, Dine Brands has successfully navigated the money-conscious consumer in today’s economy through the implementation of irresistible promotions. As the CEO of Dine Brands, John Peyton revealed during an interview that Applebee’s $1 margaritas and boneless wings have become…
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Here’s a possible rewrite of the article based on the latest information provided: US stocks experienced a dip in mid-morning trading on Friday as consumer sentiment plunged to a six-month low due to rising short-term inflation expectations and concerns about employment. The Dow Jones Industrial Average (^DJI) still managed to increase by approximately 0.2%,…
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Based on the given text and analysis, the three brand-name businesses that have the potential to surpass Tesla’s market cap over the next two years are: 1. Payment processor Mastercard (NYSE: MA): Mastercard benefits from its cyclical ties as economic expansion leads to higher consumer and business spending. Its management team’s focus on payment…
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Binance and KuCoin, two major cryptocurrency exchanges, have become the first offshore entities to receive approval from India’s Financial Intelligence Unit (FIU). This follows a ban imposed on these platforms last year due to alleged non-compliance with local rules. While both companies have been registered with the FIU, Binance is still awaiting a penalty…
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Ether (ETH), the main token of the Ethereum blockchain, is currently the second-largest cryptocurrency by market capitalization, surpassing Bitcoin (BTC) in terms of usage beyond simple payments. Ethereum’s innovative qualities have led to a proliferation of new digital assets in the Smart Contract Platform (SCP) sector, which encompasses 88 assets representing over 35% of…
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In response to growing concerns regarding the potential negative impact of derivatives being used for political and sports event betting, the U.S. Commodity Futures Trading Commission (CFTC) is set to propose a ban on listed derivatives related to major real-world events, including U.S. elections. This proposal follows lawsuits brought against the regulatory body by…
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Here’s a rewritten version of the article based on the latest information provided: Investors seeking reliable sources of income should consider these three tech giants: Apple, Meta Platforms (formerly Facebook), and Alphabet (parent company of Google). While these companies are known for driving price appreciation, they have also started paying dividends. Apple has been…