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Dogecoin (DOGE) has experienced a significant decline, dropping below the $0.3550 support level and struggling to recover. After reaching a low of $0.30, the price is consolidating but faces resistance at $0.3550 and $0.3650. If it fails to break above these levels, further losses could push DOGE towards $0.280 or $0.2620.
Zurich Insurance Group Ltd has been downgraded to a "sell" rating by UBS. The company's revenue is primarily derived from general insurance (75.2%), followed by life insurance (19.6%), with a small portion from other activities (0.7%) and services from the Farmers Group (4.5%).
UBS has downgraded Zurich Insurance Group Ltd to a Sell rating. The company's income distribution is primarily from general insurance (75.2%), followed by life insurance (19.6%), with a small portion from other services (0.7%) and Farmers Group activities (4.5%).
Bitcoin's recent price trajectory mirrors past cycles, with long-term holders realizing $2.1 billion in profits as they began selling at the $100K mark. However, Bitcoin, Ethereum, and Ripple experienced significant declines this week, collectively wiping out $1.17 billion from the market. The overall cryptocurrency sector valuation fell below $3.5 trillion, reflecting a $400 billion sell-off triggered by a hawkish Federal Reserve stance.
Chainlink's LINK token has faced a sharp correction, dropping 15% to below $25, yet analysts remain optimistic, projecting a rebound to $35 by January 2025 and a potential high of $75 by mid-2025. Despite recent volatility and a significant whale withdrawal of over 529,000 LINK tokens, strong support at $23 persists, with a bullish sentiment fueled by increased trading volume and Chainlink's fundamentals. Analysts expect LINK to maintain an average price of $45 by 2025, reflecting a 120% increase in value, as the market anticipates a recovery following its recent 63% surge over the past month.
Asian shares showed mixed results as markets awaited U.S. personal spending data. Japan's core inflation rose to 2.7% year-on-year, prompting a stronger dollar against the yen. Meanwhile, U.S. Treasury yields fluctuated amid mixed economic reports, with the S&P 500 still on track for a strong year despite recent market struggles.
Asian shares showed mixed results as markets awaited U.S. personal spending data. Japan's core inflation rose to 2.7% year-on-year, prompting the dollar to strengthen against the yen. Meanwhile, the S&P 500 remains on track for a strong year despite recent market struggles, with traders adjusting expectations for future interest rate cuts by the Federal Reserve.
U.S. markets are set to open lower as a potential government shutdown looms, following the House's rejection of President-elect Trump's funding plan. Futures for the S&P 500 and Dow Jones fell, while FedEx shares surged 9% after exceeding profit expectations. In Europe, major indices declined, and Japan's inflation data exceeded forecasts, impacting the yen's value.
Asian shares showed mixed results as markets awaited U.S. personal spending data. Japan's core inflation rose to 2.7% year-on-year, prompting the dollar to strengthen against the yen. Meanwhile, U.S. Treasury yields fluctuated amid mixed economic reports, with the S&P 500 still on track for a strong year despite recent market struggles.
AT&T Inc. is a leading telecommunications operator in the U.S., focusing on mobile telephony and landline services, including broadband and satellite television. The company generates 81.4% of its net sales from service sales, with the majority of revenue (95.7%) coming from the United States.

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