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European Central Bank President Christine Lagarde will speak in ten minutes.February 24th - Keybanc analysts stated that increased chip shipments by Nvidia (NVDA.O) could drive strong results and guidance in its upcoming quarterly report. Analysts expect both Blackwell Ultra chip and rack shipments to increase as Nvidia is projected to ship nearly 30,000 racks this year. The analysts also noted that Nvidias H200 chip shipments to China could generate substantial revenue, expected to contribute $3.5 billion to $4 billion in the fourth quarter.Dominican Republics power company: The Dominican Republic is experiencing widespread power outages.The German DAX 30 index closed down 258.99 points, or 1.03%, at 24,987.81 on Monday, February 23; the UK FTSE 100 index closed down 8.14 points, or 0.08%, at 10,678.75 on Monday, February 23; the French CAC 40 index closed down 18.32 points, or 0.22%, at 8,497.17 on Monday, February 23; European... The Stoxx 50 index closed down 16.66 points, or 0.27%, at 6114.65 on Monday, February 23; the Spanish IBEX 35 index closed up 123.20 points, or 0.68%, at 18287.30 on Monday, February 23; and the Italian FTSE MIB index closed up 213.52 points, or 0.46%, at 46686.50 on Monday, February 23.February 24th - According to sources familiar with the matter, PayPal (PYPL.O) is attracting acquisition interest from potential buyers after its stock price plummeted, wiping out nearly half of its market value. The sources said the San Jose, California-based company has met with several banks among those who have proactively approached it. At least one major competitor is considering a full acquisition, while other potential buyers are only interested in certain parts of PayPals assets. The sources cautiously stated that the acquisition interest is still in its early stages and a deal is not guaranteed. Founded in the late 1990s, PayPal is a pioneer in digital payments. However, the company is currently struggling, with its customers increasingly turning to other payment methods. Over the past 12 months, PayPals stock price has fallen by approximately 46%, and the companys market capitalization is approximately $38.4 billion. PayPals stock briefly triggered a trading halt during the day but has since resumed trading, with the stock price now up by 8%.

Bitcoin Falls 7.2% to $28,758

Skylar Shaw

May 12, 2022 09:58

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At 22:05 GMT on Wednesday, bitcoin was down 7.23 percent to $28,758.29, a loss of $2,241.68 from its previous closing.


Bitcoin, the world's most popular cryptocurrency, is down 40.4 percent from its all-time high of $48,234 on March 28.


On Wednesday, the cryptocurrency tied to the Ethereum blockchain network, fell 11.56 percent to $2,071.46, a loss of $270.66 from its previous closing.