The S&P 500 Index and its top ETFs like SPY, IVV, and VOO have done well this year as they soared by over 40% from the lowest level in April and 16% from the January level. Why the S&P 500 Index and ETFs like VOO and SPY jumped The index has jumped despite having major […]
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The Dow Jones Index has done well this year, continuing the bull run that started in 2022 when it tumbled to a low of $28,662. It was trading at $47,560, up by 30% from its lowest level in April when Donald Trump announced his reciprocal tariffs. The Dow Jones, like the S&P 500 and the […]
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Mexico’s lower house on Wednesday approved a sweeping tariff package that would sharply raise import and export duties on goods from China and several other Asian nations, marking one of the government’s most aggressive moves in recent years to bolster domestic industry and narrow its trade deficit. The measure, which still requires Senate approval, passed […]
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Microsoft stock (NASDAQ: MSFT) dropped sharply on Wednesday amid investor concerns about whether the company’s commanding position in enterprise AI is genuinely unassailable. While the company has poured $80 billion into AI infrastructure through 2025, the sell-off suggests markets are beginning to question whether massive capex translates into a durable competitive advantage. The development comes […]
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India’s central bank lowered its benchmark policy rate by 25 basis points to 5.25% on Wednesday, matching expectations from economists. The Reserve Bank of India’s monetary policy committee delivered the reduction unanimously, citing “weakness in some key economic indicators,” according to RBI governor Sanjay Malhotra. The decision comes as headline inflation remains subdued and is […]
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A crypto rally has ignited this week, with Bitcoin price surging above the important resistance level at $93,000 and the market capitalization of all coins rising by over $200 billion to $3.1 trillion. Some of the top cryptocurrencies like Sui, Pudgy Penguins, Virtuals Protocol, and Chainlink were among the top gainers today. Here are some […]
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Quant crypto price has staged a strong recovery in the past few weeks, soaring from a low of $69.12 on November 21 to $95 today. So, will the QNT token continue rising as whales buy and as the exchange reserves dip? Quant crypto price has strong fundamentals Third-party data shows that the QNT network is […]
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The Turkish lira remained at a record low against the US dollar, continuing a trend that has been going on for decades. The USD/TRY exchange rate was trading at 42.4, up by 21% from where it was trading at in January this year. Turkish inflation drops, raising odds of a CBRT rate cut The USD/TRY […]
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The Indian rupee opened at an all-time low on December 3, slipping past the 90-per-dollar threshold as persistent foreign portfolio investor (FPI) outflows and stalled trade talks with the US intensified pressure on the currency. The drop came despite a softer dollar index, underlining the severity of domestic capital flow concerns, currency traders said. The […]
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CNN has tapped Kalshi as its official prediction markets partner to integrate real-time data into its media coverage. Announcing the partnership on Tuesday, Kalshi said that its prediction market data “will serve as a powerful complement to CNN’s reporting.” CNN’s Chief Data Analyst Harry Enten will oversee the integration and use the data to “fact-check […]
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