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Detroit Becomes First Major US City To Accept Taxes And Fees In Crypto; Mayor Says, ‘Fostering a Technology-Friendly Environment’
Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city fees, top officials from the city said in a Thursday press release. read more
Obama-Era Economist Jason Furman Warns Fed’s Inflation Outlook May Be Too Optimistic — Peter Schiff Slams Powell’s Strategy Amid National Debt Concerns
Leading economists and market analysts offered contrasting views Thursday after the Federal Reserve’s 25-basis-point rate cut, with some warning of persistent inflation risks while others supported the central bank’s gradual easing approach. read more
Cathie Wood’s Tech Rotation: Amazon Mega-Buy While Tesla, Reddit And Palantir Get Axed
On Thursday Nov. 7, 2024 Cathie Wood-led Ark Invest sold shares of Tesla, Reddit and Palantir and picked up shares of Amazon.com. read more
Green Thumb Grows Revenue To $287M In Q3, Expands Cannabis Retail Network
Green Thumb Industries Q3: $287M revenue, $9M profit, debt reduced, 4 new dispensaries, $50M share buyback approved, retail network expands. read more
Bitcoin, Ethereum Rise, Dogecoin Steady After Fed Cuts Rate: Analyst Predicts Apex Crypto’s Next Local Top At $85.4K If This Happens
Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve’s latest quarter-point rate cut boosted market momentum on Thursday. read more
After OpenAI And Perplexity, AI Startup Anthropic May Secure Another Massive Investment — Amazon Reportedly Considers Major Funding
Amazon is considering a second multi-billion-dollar investment in AI startup Anthropic, following an initial $4 billion stake, as it seeks to leverage its cloud services for training and expand its influence in the AI space. read more
Ameresco (AMRC) Misses Q3 Earnings Estimates
Ameresco (NYSE: AMRC) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. read more
No Middleman, No Markup: How Red Mesa Is Slashing Costs With Around-The-Clock Hemp Refinement
By bypassing brokers and relying on an efficient, around-the-clock refinement process, Red Mesa aims to reduce costs and ensure consistency. read more
What’s Going On With Ethereum Classic?
Ethereum Classic (CRYPTO: ETC) has gained roughly 12% to $20.26 since Tuesday evening amid Donald Trump winning the 2024 presidential election. read more
What’s Going On With Shiba Inu (SHIB)?
In the wake of Donald Trump’s 2024 presidential win, Shiba Inu (CRYPTO: SHIB) has jumped 10% since Wednesday to reach $0.00001944. read more