Elizabeth Anderson
LeapRate Analyst

With over a decade’s experience as a finance writer, Elizabeth Anderson applies her knowledge and experience to keep a finger on the pulse of global trends. Specialising in forex, cryptocurrencies, and stocks, Elizabeth follows the movements that impact the world of trading.
July 26, 2024 BY Elizabeth Anderson

Riot Platforms Acquires Block Mining After Bitfarms Poison Pill

Based on the acquisition agreement, Block Mining can also earn up to $32.5m “through the execution of additional power purchase agreements to add additional power capacity”. In its press release, Riot Platforms stated that this acquisition increases its hash rate, geographic footprint and access to energy markets outside of ERCOT (the Electric Reliability Council of…

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July 25, 2024 BY Elizabeth Anderson

Deutsche Bank Reports First Quarterly Loss in Four Years

Germany’s foremost lender indicated that it will not engage in another share buyback this year. When trading closed on Wednesday 24 July 2024, the bank was 8.32% in the red. According to a CNBC report, a €143m net loss applied to investors. The stated poll predicted a net loss of €145m. The firm warned of…

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July 25, 2024 BY Elizabeth Anderson

Australia’s Equity Markets Get Clean Bill Of Health

In its latest market cleanliness report, the financial watchdog emphasised that sound – or clean – financial markets are essential to the economy and empower companies to raise funds, navigate risks and boost investor confidence. The regulator’s chairperson, Joe Longo, stated: Protecting and enhancing the integrity of Australia’s equity markets continues to be a priority…

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July 24, 2024 BY Elizabeth Anderson

Plum Raises £16m In Latest Funding Round

Among the institutional investors was Greece’s Eurobank, which put up €10m for an equity stake in the company back in December 2023. Others included iGrow Venture Capital, Venture Friends and Ventura Capital. According to Finextra data, more than 5,500 investors from the UK and EU participated in the Crowdcube campaign. This is Crowdcube’s standout crowdfunding…

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July 23, 2024 BY Elizabeth Anderson

Netflix Price Rises Following Strong Results

The results confirmed $4.88 earnings per share. Revenue is at $9.56bn, ensuring that NFLX stays at the top of the streaming industry despite recent challenges that have affected the market since the end of the boom period of COVID restrictions when unprecedented growth was enjoyed. Both the figures were better than analysts had predicted. Perhaps…

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July 23, 2024 BY Elizabeth Anderson

Porsche Considering Buying A Stake In Varta

Bloomberg reported that, according to anonymous sources, Porsche is looking at purchasing a majority share in Varta’s e-mobility segment, underpinned by a minority holding in the overall company. According to Bloomberg, Porsche indicated that it is keeping avenues open to “keep this key technology in Germany”. Porsche has allegedly been investigating battery strategies, such as…

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July 23, 2024 BY Elizabeth Anderson

Europol Report Says Crypto And AI Open Doors For Cybercrimes

Detailed in the authority’s 10th edition of its Internet Organised Crime Threat Assessment (IOCTA), the findings show how millions of people across the EU fell victim to attacks and exploits. According to Europol, this audit is an “in-depth assessment of the key developments, changes and emerging threats in cybercrime” during 2023. It also provides a…

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July 22, 2024 BY Elizabeth Anderson

60/40 Investment Portfolio Poised To Regain Its Popularity

After the 2022 dilemma, many analysts believed that this was the last they would see of this so-called mom-and-pop strategy. However, both stocks and bonds made a comeback and resuscitated this approach. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Yahoo Finance cited Todd Schlanger, a Vanguard senior investment strategist, who stated that…

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July 22, 2024 BY Elizabeth Anderson

Global IT Outage Grounds Stocks Across The Board

Indexes around the world felt the sting of this glitch and signed off last week’s trading on a low. This included the London Stock Exchange (LSE), France’s CAC 40, Germany’s DAX, Spain’s IBEX, the Netherlands’ AEX, Switzerland’s SMI and Sweden’s OMX Stockholm 30. Based on Sky News data, the FTSE dropped by more than 0.6%…

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