The USD/JPY exchange rate rebounded to its highest level since April 3, following a rise in the US Dollar Index (DXY). It jumped to a high of 149, up by 6.2% from its lowest point this year. The focus now shifts to the upcoming Japan inflation and US inflation data. Focus on the Federal Reserve […]
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US stocks opened little changed on Monday, with major indexes hovering near record highs as investors braced for a week of critical inflation data that could influence the Federal Reserve’s interest rate outlook. The Dow Jones Industrial Average was up 29 points, or 0.07%, in early trading. The S&P 500 was slightly up 0.06%, while […]
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Wall Street advanced on Tuesday after a softer-than-expected consumer inflation reading eased investor concerns over the potential impact of President Donald Trump’s tariff policies on prices. The Dow Jones Industrial Average rose 200 points, or 0.5%, while the S&P 500 gained 0.4% and the Nasdaq Composite added 0.6%. The consumer price index increased 2.7% in […]
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U.S. stocks moved higher in early Wednesday trading, adding to recent momentum as expectations for lower Federal Reserve interest rates continued to drive the major indexes to fresh records. The S&P 500 rose 0.4%, while the Nasdaq Composite gained 0.5%, with both benchmarks setting new all-time highs. The Dow Jones Industrial Average climbed 269 points, […]
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Tesla shares dropped sharply in early trading on Monday following CEO Elon Musk’s announcement over the weekend that he plans to form a new political party. The TSLA stock was down over 8% reflecting investor concerns about the potential implications of Musk’s renewed political involvement. Musk revealed on social media that the party would be […]
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Elon Musk, the billionaire chief executive of Tesla Inc (NASDAQ: TSLA) has officially launched a new political movement – the America Party – in a dramatic shift that’s rattling investors and reigniting tensions with President Donald Trump. The announcement, made on Musk’s social platform X, follows his vocal opposition to Trump’s sweeping tax and spending […]
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A crypto market rally is going on, with altcoins like Dash, Mantle, Aster, and Morpho going up by double digits. Dash price has jumped by over 50% in the last 24 hours, while MNT, ASTER, and Morpho have risen by over 30%. Bitcoin price has also surged from last week’s low of $108,000 to $115,500 […]
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After crashing to monthly lows amidst a historic market crash on Friday, Bitcoin managed to recover some of last week’s losses today as market pressures cooled. As the broader market sentiment improved, and the crypto fear and greed index recovered 6 points to 38 from extreme fear levels, the total crypto market cap managed to […]
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Big Tech is pouring huge amounts of money into AI right now, and we’re already seeing a mix of quick wins and longer-term bets play out. Take Microsoft, Meta, and Amazon, their spending on AI infrastructure is skyrocketing. Some of that is paying off quickly, especially in cloud services and AI-powered advertising. But overall, they’re […]
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LenDenClub, a regulated peer-to-peer lending platform, has expanded its focus on technology and automation since 2021. The company now uses over 20 AI and machine learning models to support credit assessment, borrower-lender matching, and collections. After reporting a ₹34 crore profit in FY25, it is strengthening its position across its P2P, loan service, and technology […]
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