Quantum computing is an emerging technology that has the potential to revolutionize many industries. According to a late 2021 Statista forecast, the quantum computing market’s total revenue is projected to reach US$8.6 billion by 2027. To put that into perspective, the industry was worth only US$412 million in 2020. In this article: What is quantum computing? In simple terms, quantum ...
With the election between Vice President Kamala Harris and former President Donald Trump less than three weeks away, polling is showing the candidates in a virtual dead heat. In the resource sector, investors are wondering how the presidential race may affect the gold price. While diverse factors drive the gold price, the US — and by extension its leader — ...
The Dogecoin price nosedived back on Tuesday and covered some gains made on Monday. According to Santiment on-chain metrics, the number of Dogecoin holders is well down, with a net loss of around 106,600 non-empty wallets since October 8th. This trend has come as a reason for increasing frustration among traders over the performance of the leading meme coin. It ...
Ripple Labs Chief Legal Officer (CLO) Stuart Alderoty has shared the developments of next steps that are to be taken in the ongoing lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). This case was filed in 2020 and focuses on the characterization of the XRP as a security, and whether Ripple conducted the sales of this ...
Since last weekend, the crypto market witnessed a renewed recovery trend as Bitcoin bounced from $60,000 to $67,000. ETH, the second-largest cryptocurrency, led this bullish momentum in the altcoin market, fueled by the debut of a spot Exchange Traded Fund (ETF) in Australia. As Uptober progresses, these five Ethereum tokens potentially help investors reach the $1 million mark. Turn Uptober ...
As a child growing up in northern Nigeria, Dr. Funmi Adewara experienced a severe hand injury that required multiple surgeries and frequent hospital visits. These visits exposed her to the harsh realities of the country’s healthcare system. “I remember sitting in overcrowded waiting rooms, watching doctors stretched thin, unable to meet the needs of so many patients,” Adewara recalls. This ...
A Russian man has been rescued after 67 days adrift on a small boat in the bitterly cold Sea of Okhotsk, Russian authorities said Tuesday. The man’s brother and his teenage son died in the ordeal, according to Russian state media RIA Novosti, who named the survivor as 46-year-old Mikhail Pichugin. Video of the rescue released by Russian prosecutors shows ...
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Semiconductors sold off on Tuesday, crushing the Technology sector. But the Real Estate sector didn’t suffer a similar fate; in fact, it was the top sector performer for the day. The Real Estate Select Sector SPDR Fund (XLRE) reached a 52-week high in mid-September, but has pulled back since then. However, Tuesday’s price action suggests that XLRE may be on ...
A group of protesters staged a sit-in outside the New York Stock Exchange on Monday morning amid continued Israeli attacks in Gaza. Approximately 500 individuals representing Jewish Voices for Peace, a Jewish-led pro-Palestinian group, arrived at the exchange at 85 Broad St. as part of an ‘unscheduled protest’ just before the stock market’s official 9:30 a.m. opening, according to a ...
It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract. Costs and tensions have only risen since then. The strike is adding to pressure on Boeing’s new CEO, Kelly Ortberg, who was brought in over the summer to solve the plane maker’s various troubles. The strike, which S&P Global Ratings estimates costs Boeing ...
Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior. The pharmacy chain said 500 of the closings would occur over the next 12 months. It estimates a quarter of its 8,700 stores in the U.S. are unprofitable. Walgreens announced the ...