The fight over Elon Musk’s unprecedented $1 trillion pay package is intensifying ahead of Tesla’s annual shareholder meeting on November 6 in Austin, Texas. With the potential to make Musk the world’s first trillionaire, the 10-year compensation plan has divided some of Tesla’s largest investors, pension funds, and advisory firms, underscoring the tension between rewarding […]
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This week was packed with historic milestones and high-stakes moves across business and geopolitics. Trump and Xi finally met after six years to pause their trade war, Nvidia shattered records with a $5 trillion valuation, and Pfizer and Novo Nordisk battled for control of Metsera. Big Tech posted blockbuster earnings, while Tesla’s upcoming vote on […]
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The crypto market remained on edge today, Nov. 5, with Bitcoin and other altcoins continuing their downtrend. The market capitalization of all tokens fell to $3.39 trillion, a trend that may continue as futures open interest fall. This article provides a forecast for top cryptocurrencies like ZKsync (ZK), Monero (XMR), and Ripple (XRP). ZKync price […]
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The cryptocurrency market is showing signs of stabilisation on Wednesday following the market-wide correction earlier in the week. Bitcoin temporarily dropped below $100k on Tuesday but is now trading above $101k. The leading cryptocurrency is now consolidating around its key support level, suggesting that traders could troop into the market amid easing volatility. BTC dips […]
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Bearish momentum across the market pushed Bitcoin to multi-month lows below $100,000 today. The total crypto market cap slipped to levels last seen in July, falling from intraday highs of around $3.56 trillion to $3.39 trillion during early Asian trading hours. It later recovered above the $3.5 trillion mark by the end of the session. […]
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Asset manager Bitwise has filed an 8(a) form for its proposed Dogecoin exchange-traded product. According to Bloomberg’s ETF analyst Eric Balchunas, the ETF adopts an approach that could automatically make it effective within twenty days if the US SEC doesn’t object. Eric Balchunas @EricBalchunas ·Follow Looks like Bitwise is doing the 8(a) move for their […]
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Overnight news developments spanned technology, trade, and diplomacy, as Tesla’s Elon Musk projected progress in China, Apple contended with a high-profile streaming disruption, and US President Donald Trump announced a wave of foreign investments. The day also brought signs of a thaw in US-India relations, with Trump signalling willingness to visit New Delhi amid improving […]
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The FTSE 100 Index held steady near its all-time high as the Bank of England delivered its interest rate decision and as several important companies like BT, National Grid, and AstraZeneca published their financial results. It has jumped by 29% from its lowest level in April. FTSE 100 Index steady after BoE decision The FTSE […]
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US stocks began November on a positive note, with technology shares leading gains across major indexes. The S&P 500 rose 0.5%, the Nasdaq Composite advanced 1%, and the Dow Jones Industrial Average added 18 points. Micron Technology climbed 5%, pacing a broader rally in chipmakers. Nvidia and AMD were up about 3% and 1%, respectively, […]
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US stocks declined on Tuesday, led by losses in artificial intelligence-linked names such as Palantir, as investors reassessed stretched valuations following a year-long rally in technology shares. The S&P 500 fell 1.2% shortly after the market opened, while the Nasdaq Composite declined 1.7%. The Dow Jones Industrial Average dropped 430 points, or 0.9%. The declines […]
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