Bitcoin, the world's largest digital asset, experienced a period of consolidation after briefly surging past the $47,000 mark. This surge came as a result of optimism surrounding the potential approval of the first US exchange-traded funds (ETFs) that directly invest in BTC. As of 6 a.m. on Tuesday in...
Read moreThe U.S. job market exceeded expectations by adding 216,000 jobs in December, providing a strong conclusion to another year of robust growth despite higher interest rates. Policymakers, currently deliberating on when to initiate a reduction in borrowing costs, closely monitor the labor market's strength as they aim for a...
Read moreApple Inc. is grappling with a challenging start to the year, facing a potential threat to its longstanding position as the world's most valuable stock by market value. Reacting to growing pressures on the tech giant, investors have witnessed a decline in its shares by 0.4% on Friday, closing...
Read moreData Infrastructure Trust (DIT), sponsored by Brookfield Asset Management, has entered into a definitive agreement with American Tower Corporation (ATC) based in the United States to acquire the complete equity interests in ATC India. On January 4, Moneycontrol initially reported that the prominent Canadian investor, Brookfield, had outpaced its...
Read moreThe BRICS group of emerging-market nations is poised to undergo a significant expansion, doubling its membership as Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, and Egypt are set to join on January 1, according to South Africa’s envoy to the bloc. The existing members—Brazil, Russia, India, China, and...
Read moreApple shares experienced a 4% decline on Tuesday following Barclays' decision to downgrade the stock to underweight. Additionally, Barclays slightly adjusted its price target for Apple from $161 to $160. In a note to clients on Tuesday, Barclays analyst Tim Long expressed concerns about the current "lackluster" sales of...
Read moreApple, confronted with a potential import ban on its lucrative line of watches, which generates billions in annual revenue, is strategically navigating its way around a recent patent infringement setback that temporarily removed the most popular Apple Watch models from the shelves during the holiday season. Recently, the Cupertino-based...
Read moreMicroStrategy, a prominent player in the realm of business intelligence and software, remains unwavering in its dedication to Bitcoin. In an announcement today, Founder & Chairman Michael Saylor revealed the company's latest move – acquiring an additional 14,620 BTC at a total expenditure of $615.7 million. This strategic purchase...
Read moreApple Inc. has announced the imminent return of its latest smartwatch models to the shelves of its US retail stores. This decision follows a favorable court ruling in a patent dispute, offering a swift respite for the tech giant's $17 billion business. The Apple Watch Series 9 and Ultra...
Read moreFounded nearly 35 years ago, MicroStrategy spent the majority of its existence as a relatively obscure software company specializing in business intelligence. However, the narrative took a dramatic turn in 2023 as the MicroStrategy's stock witnessed an extraordinary surge of 337%, propelling it to the ranks of the most...
Read more
