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The Fed’s move to lower interest rates would have a ripple effect throughout the economy, pushing investors looking for passive income elsewhere. As yields on things like high-yield savings accounts fall, investors may turn to high-quality, high-dividend stocks. Consumer spending and healthcare are two pillars of the U.S. economy, making it a great place to look for these stocks.I’ve identified three stocks with generous yields and the financial strength to pay dividends. These companies also boast durable business models that thrive even in recessions, providing peace of mind for income-focused investors.1. PfizerCurrent yield: 5.8%Pharmaceutical giant Pfizer (NYSE:PFE) has been a…
Evan Frederick Wright, a 21-year-old man from Indiana, pleaded guilty to stealing $37,704,560 worth of virtual currency from 571 victims in a 2022 cyberattack. According to a statement from the U.S. Department of Justice, Wright stole the virtual currency from an unnamed investment holding company based in Sioux Falls, South Dakota. In a statement of facts obtained by BleepingComputer, Wright said he and an unknown co-conspirator stole the identities of the company’s legitimate customers and accessed the company’s servers. It then exploited the vulnerability to spread further within the network. Wright alleges that he used this access to steal the…
As Big Tech companies rush to build out AI infrastructure, massive energy demands are a tailwind for GE Vernova (GEV), the power equipment maker that spun off from the iconic GE earlier this year.The Cambridge, Massachusetts-based company’s stock has climbed along with the broader S&P 500 Industrial ETF (XLI) as investors look to capitalize on electrification and artificial intelligence themes led by AI chip giant Nvidia. It is trending near the all-time high (NVDA).CFRA analyst Daniel Rich told Yahoo Finance that “(Vernova) appears to be caught up in a broader trade of AI and power demand.” The company’s rating is…
Cryptocurrency markets have recently suffered significant declines due to escalating geopolitical tensions in the Middle East, with several large assets paring their recent gains over the past week. Specifically, the price of Ethereum plummeted from over $2,600 to $2,300 at one point during the week. This marks another setback for the “king of altcoins,” which has not performed particularly well in the past few months. Interestingly, a popular crypto expert on X came forward with on-chain observations regarding Ethereum investor behavior over the past quarter. How does Ethereum whales chipping away at their holdings affect the price? In a recent…
The cryptocurrency community is on edge as the premiere of HBO’s highly anticipated new series, which promises to explore the fascinating history of the first major cryptocurrency, Bitcoin, is on edge.At the center of the world’s attention are suggestions that the identity of Satoshi Nakamoto, the anonymous creator of cryptocurrencies, will be revealed, with many believing that the new documentary will finally reveal the secrets of the world’s most interesting mysteries. I hope this will shed some light on one thing. The world of cryptocurrencies. related As the show’s October 8th release date approaches, there is a wave of intense…
The crypto space is on the rise as Robinhood launches crypto remittances in Europe. In this environment, all eyes are on presale star DTX Exchange (DTX). DTX Exchange has already reached Phase 3 in just a few months. Some of the Sui (SUI) and Ethereum (ETH) whales are also participating in this new ICO, which many believe will be the next 10x token of the year. This prediction may come true, considering that DTX Exchange has the potential to revolutionize online trading. SUI announces SCION integration Sui (SUI) is currently one of the top cryptocurrencies. Recently, Sui announced new integration…
advertisement Despite recording significant gains over the weekend, XRP got off to a relatively slow start this week. Notably, the value of the seventh-largest crypto asset soared to $0.66 last week. This increase comes amid a surge in XRP accumulation by whales over the past few days. Popular analyst Ali Martinez highlighted this trend on Sunday, tweeting that “Ripple whales have purchased over $470 million in XRP in the past 10 days.” That said, as interest grows, some experts are predicting another significant rally in XRP, and a consensus is forming around the idea that XRP is on the verge…
Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. XRP is unstable. It is currently trading at $0.53 and is trying to maintain momentum above $0.5 against…
advertisement Billionaire investor and technology entrepreneur Mark Cuban has labeled all memecoins as potential exit scams with no real-world utility, in recent remarks about memecoins. sparked community outrage. His statement contradicts his public support and love for Dogecoin, the OG meme coin. Mark Cuban: “Meme coins are rugs” During a recent appearance on the Rag Radio Podcast, Shark Tank investor Mark Cuban described meme trading as a game of “musical chairs” in which all participants gamble. Cuban observed that meme coins require a strong community but lack staying power. “Every meme coin is like pulling the rug under construction, right?…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Analysts predict a massive 600% rally for Cardano, while speculation is mounting as to whether XRP or Cybro will reach $3 first. Analysts are predicting a massive 600% rise in Cardano, sparking curiosity among crypto enthusiasts. But XRP and Cybro are also in the spotlight, with speculation mounting as to whether these coins will be the first to reach the $3 mark. In this article, we delve into the potential trajectory of these digital currencies and explore which ones…