Crypto Stocks Surge Amid Market Boom

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

European summit will focus on common challenges and implications of Trump's win for the continent

RAF CASERT and JUSTIN SPIKE
November 06, 2024

BUDAPEST, Hungary (AP) -- Dozens of European leaders will be assessing a new global outlook during a one-day summit in Hungary's capital on Thursday in the knowledge that the election of Donald Trump as the next U.S. president could have far-reaching consequences for the continent.

Despite myriad economic problems and two wars in the neighborhood, all eyes will be glued on Washington to see whether the return of Trump will cause political strife throughout the continent, much like his first presidency did.

It was already beyond doubt that the trans-Atlantic relationship would change after Tuesday's vote. But the question is whether that change might be seismic under Trump's second presidency.

For summit host and ardent Trump fan, Hungarian Prime Minister Viktor Orbán, things were already crystal clear even as votes were still being counted. "Good morning, Hungary! On the way to a beautiful victory. It's already in the bag!"

And European Commission President Ursula von der Leyen congratulated Trump once his victory became clear, and said that the EU and U.S. "are more than just allies. We are bound by a true partnership between our people, uniting 800 million citizens."

"Let us work together on a transatlantic partnership that continues to deliver for our citizens. Millions of jobs and billions in trade and investment on each side of the Atlantic depend on the dynamism and stability of our economic relationship," she said.

Trans-Atlantic economic relations were anything but stable during Trump's last presidency and are expected to be equally tough during his new term in the Oval Office.

His administration slapped taxes on EU steel and aluminum in 2018 on the claim that foreign products produced by American allies were a threat to U.S. national security. Europeans and other allies reacted with duties on U.S.-made motorcycles, bourbon, peanut butter and jeans, among other items.

The impact of the U.S. election result could be felt in Europe for years to come, on issues including the wars in Ukraine and the Middle East, as well as migration or climate change.

The string of geopolitical conflicts "is putting peace, stability and prosperity at risk in our region," said the invitation letter to the leaders of the European Political Community, which unites almost 50 nations across Europe, barring Russia and Belarus.

Among the leaders likely to attend on Thursday is Ukrainian President Volodymyr Zelenskyy, who is expected to make another plea for more aid as his country fends off Moscow's invasion. The timing is laden with significance as Trump has vowed to end the war "within 24 hours" of being elected -- something leaders in Kyiv interpret as an impending evaporation of U.S. support should Trump win.

Orbán makes plain his support for Trump

Not so long ago, such a meeting -- which is also expected to include leaders from non-EU countries like Turkey, Serbia and the United Kingdom -- would end with praise for European unity and a common political direction. Yet with Orbán as the host of the summit, friction is as good as assured.

Orbán, who has openly thrown his weight behind Trump and argued that the former president is a "man of peace," predicted a Trump victory and suggested that civil and criminal cases against him were the result of a politically motivated U.S. Justice Department -- a common Trump refrain.

Having played the obstructionist for years within the 27-nation EU, Orbán now holds the bloc's rotating presidency, giving him a more prominent platform and making him the host of Thursday's EPC summit, as well as another gathering of EU leaders on Friday.

The presidency under Orbán caused turmoil from day one, when he declared "Make Europe Great Again" the motto of his six months in charge. It was a strikingly clear reference to his affection for Trump, which he followed up with unannounced visits to Moscow and Beijing, angering EU leaders who said he wasn't acting on their behalf.

In response to Orbán's self-styled "peace mission," many EU countries began boycotting presidency meetings in Budapest, or sending only lower-level bureaucrats rather than ministers. However, no boycotts are expected for this week's summits.

While Orbán has cast the result of U.S. elections as pivotal for Europe's future -- he's even delayed passing Hungary's 2025 national budget until after a new president is elected -- not all EU leaders are comfortable with the bloc's fate being so tightly bound up with the movements of American politics.

Donald Tusk, the center-right prime minister of Poland, said that Europe must forge a more independent path that is less sensitive to changes across the Atlantic.

"Some claim that the future of Europe depends on the American elections, while it depends first and foremost on us, on the condition that Europe finally grows up and believes in its own strength," Tusk said in the days before the summit. "Whatever the outcome, the era of geopolitical outsourcing is over."

Continue Reading...

Popular

Expanded College Football Playoff field draws more bets and on more teams

LAS VEGAS (AP) — If Texas coach Steve Sarkisian holds aloft the College Football Playoff trophy next month, that will be bad news for BetMGM Sportsbook.

XRP Poised For 'Brief Correction,' But Here's Why It Could Go To $4

With Ripple's regulatory approval to launch its RLUSD stablecoin, anticipation is mounting about the trajectory of XRP (CRYPTO: XRP) prices following the launch.

Gates-Backed Company Holds the Future of AI - Ad

Bill Gates is making his next big bet. And this time, it's with artificial intelligence. Over the last several years, Gates has quietly invested more than $750 million into this technology. And he's not the only one. Warren Buffett, Peter Thiel, Jeff Bezos, and others are in on it too. In this new exposé, Porter Stansberry shares all the details.

Louise Trotter is named creative director of Bottega Veneta, as Matthieu Blazy moves on

MILAN (AP) — Kering announced Thursday that Louise Trotter has been named creative director of the fashion house, taking over from Matthieu Blazy.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

UK leader Starmer invited to EU meeting in latest sign of post-Brexit thaw

LONDON (AP) — will attend a meeting of leaders early next year, becoming the first U.K. prime minister to do so since the country’s in 2020.

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

The REAL "Wealth Wave" in AI is Starting Now! - Ad

If you missed out over the past 12 months... If you are NOT one of the 500,000 new millionaires from AI in the past two years... Are you going to miss your second chance?

A Southwest jet and a small plane wound up on the same runway after being cleared to land

WASHINGTON (AP) — A Southwest Airlines jet wound up on the same runway with a small private plane that had stopped after an air traffic controller cleared both planes to land on the same California runway in October, according to federal investigators.

There's Only ONE AI Company That Matters - Ad

It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.

French Government Collapses After Vote Of No Confidence

The French government collapsed on Wednesday following a successful no-confidence vote, throwing France, the eurozone's second-largest economy, into political turmoil.

Friday's Top 5 Trending Stocks: What's Going On With SMCI, Nvidia, MicroStrategy?

SMCI, Nvidia, MicoStrategy, SoFi Technologies and Tesla are the top five trending tickers on Yahoo Finance Friday. Here's a look at what grabbed retail investors' attention as much of Wall Street takes the day off.

A $50 Backdoor Play On Elon's Next "Super-IPO"? - Ad

Elon Musk has become Trump's most trusted advisors. According to one legendary investor... We are leading up to the world's first "Super-IPO" -- a company creating over $100 billion on the first day it goes public! Knowing about this "backdoor" play could be the best way to profit before the IPO...Starting with as little as $50.

Eli Lilly invests $3B to expand Wisconsin factory to help meet demand for Mounjaro, Zepbound

Eli Lilly is spending another $3 billion to bulk up manufacturing as the drugmaker seeks to stoke production of some and future products.

Small business owners brace for Trump's proposed tariffs

Small businesses are bracing for stiff tariffs that President-elect has proposed as .

The Secret to Trading Success? It's Simpler Than You Think - Ad

Forget fancy software. Top traders rely on free alerts that tell them when to jump on the next big trade. Straight to your phone. No guessing, no stress.

Hunt for the gunman who killed UnitedHealthcare's CEO heads into third day as new clues emerge

NEW YORK (AP) — As the investigation into a masked gunman who the head of one of the largest U.S. health insurers moved into its third day Friday, possible leads emerged about his travel before the shooting and a message scrawled on ammunition found at the crime scene.

US hiring likely rebounded last month after storms and strikes curtailed October job growth

WASHINGTON (AP) — Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years.

Is NVDA a Sell? Buy This Stock Instead Before Dec. 31 - Ad

After soaring over 150% in 2024 alone... is it actually time to buy Nvidia? A 50-year Wall Street veteran gives his answer to Nvidia, right here... Including the name and ticker of one under-the-radar AI stock to buy instead of Nvidia... before Tuesday, December 31st.

A federal judge temporarily halts the proposed supermarket merger of Kroger and Albertsons

A federal judge has temporarily halted a between supermarket giants Kroger and Albertsons, an action that could scuttle the deal.

44 years after New York couple vanished, car matching description of theirs is found in Georgia

BRUNSWICK, Georgia (AP) — A car similar to one driven by a wealthy New York couple missing for more than four decades has been found in a south Georgia pond near the hotel where they were last seen, police in Georgia said.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Trump's Energy Policies Poised To Reshape Oil & Gas Market: Winners And Losers Revealed

Trump's energy plans could reshape US markets with potential tariffs, increased production, and LNG exports. Goldman Sachs breaks down winners and losers.

Caught On Camera (Shocking New AI Tech) - Ad

AI has already made 500,000 new millionaires over the past two years... The new AI tech you'll see in this video footage will change your life for the better, sooner than you might expect. It will have a bigger impact than the invention of the automobile, personal computer and iPhone, combined...

Top 3 Risk Off Stocks That May Collapse This Month

Three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

What's Going On With NIO Stock Today?

Nio shares gained 12.4% Monday. Shares of U.S.-listed Chinese traded higher following reports suggesting Chinese officials would embrace a "moderately loose" monetary policy.

The Next Big AI Opportunity Is Here - Ad

AI stocks are revolutionizing public safety with cutting-edge technologies, and one company is leading the charge. With game-changing advancements in robotics and high-profile contracts already signed, this could be the next big winner. Want to know which AI stock could soar?

He'll be the last meatpacker in the Meatpacking District. Here's how NYC's gritty 'hood got chic

NEW YORK (AP) — When John Jobbagy’s grandfather immigrated from Budapest in 1900, he joined a throng of European butchers chopping up and shipping off meat in a loud, smelly corner of Manhattan that New Yorkers called the Meatpacking District.

Newmont Lays Off Senior Employees Pursuing More Cost Controls

Newmont Corp. lays off senior employees, sells assets, and streamlines business units in order to increase cash flow and focus on top-tier operations.

Donald Trump Can't Save You From This Crisis - Ad

A huge economic crisis is about to strike America. 12 months from today, our country could be unrecognizable. That's why I've recorded this video and released it for free. Inside, I lay out exactly what's happening and several critical moves I believe every American should make right now.

Can AI chatbots make your holiday shopping easier?

Tired of thinking about what gifts to get everyone this year? chatbots might help, but don't expect them to do all the work or always give you the right answers.

UPS to pay $45M to US settle charges that it improperly valued its freight division

UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.

Crypto Stocks Are Heating Up - Ad

At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.

Why Is Telomir Pharmaceuticals Stock Trading Higher On Tuesday?

Telomir Pharmaceuticals unveils preclinical data on Telomir-1, highlighting its potential in Type 2 diabetes, aging, and inflammatory diseases.

What to know about the fatal shooting of the UnitedHealthcare CEO

The chief executive of UnitedHealthcare, one the nation's largest insurers, Wednesday in midtown Manhattan in what police described as a targeted attack by a shooter outside a hotel where the company was holding a conference.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Nvidia, AMD, C3 ai, Oracle, Tesla: Why These 5 Stocks Are On Investors' Radars Today?

On Monday, major U.S. indices closed in the red, with the Dow Jones Industrial Average falling 0.5% to 44,401.93.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service