Foundation Robotics Labs, a humanoid robotics startup, has been making bold claims in order to secure funding for their seed round. The company, cofounded by the CEO of bankrupt fintech firm Synapse, has been telling potential investors that they have close ties and an imminent investment from General Motors. However, upon further investigation, it has
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The upcoming release of US economic data holds significant implications for the AUD/USD trading pair. Analysts are eagerly awaiting the monthly US producer prices report, with forecasts indicating a potential increase of 0.1% in May. This follows a notable uptick of 0.5% in April, and a lower-than-expected figure could prompt speculation of a Fed rate
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As Roaring Kitty, also known as Keith Gill, closely monitors the rollercoaster ride of GameStop shares, he faces a daunting decision regarding his substantial options position that is rapidly approaching expiration. Gill currently holds onto 5 million GameStop common shares and an eye-popping 120,000 call options, involving a massive 12 million shares underlying those calls.
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The USD/JPY pair has been on an upward trend for the fourth consecutive day, reaching a high near 157.15 during early Asian trading hours on Wednesday. This positive momentum has been driven by a sense of caution among traders, who are waiting on the sidelines for key events to unfold in the market. Two major
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The dollar has stabilized after reaching a four-week high against other major currencies, reflecting the anticipation among traders for vital U.S. inflation data and the Federal Reserve’s forthcoming interest rate projections. Following a robust jobs report last Friday, which hinted at persistent inflation alongside robust growth, the likelihood of the Fed reducing rates in the
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