Bitcoin’s record-breaking rally past $100,000 on Thursday underscored a day of mixed performance across Asia-Pacific markets, as investors balanced optimism over potential US interest rate cuts with uncertainties from political upheavals in South Korea and France. Wall Street’s record highs earlier in the week further buoyed sentiment in some regions,…
France’s political landscape was thrown into disarray as Michel Barnier’s government, which lasted just three months, collapsed after a dramatic no-confidence vote in the National Assembly. At the heart of this unprecedented downfall were controversial budget proposals for 2025, designed to tackle France’s mounting fiscal challenges but met with fierce…
South Korean President Yoon Suk Yeol is on the brink of impeachment after his controversial decision to briefly impose martial law, marking a pivotal moment in the country’s political history. The move has drawn widespread condemnation, triggered mass protests, and plunged the nation into political turmoil. The crisis began when…
The wealth of the world’s billionaires soared by an impressive 17% over the past year, reaching a record $14 trillion, according to UBS’s Billionaire Ambitions Report for 2024. The surge, largely fueled by gains in the United States, marked a significant rebound despite economic headwinds like geopolitical instability and inflation.…
The SPDR S&P 500 ETF (SPY) stock continued rising and is sitting at a record high as the strength of the equities market accelerates. The fund was trading at $605 on Monday, bringing the year-to-date gains to about 27%. Other related funds like the Vanguard S&P 500 (VOO) and the…
Shiba Inu price rose on Thursday as investors reacted to the ongoing Bitcoin surge. The SHIB token jumped to a high of $0.00003268, its highest level since March 14 this year. It has risen by about 200% from its lowest level this year. Shiba Inu price analysis The daily chart…
MicroStrategy stock price has done well this year, helped by the ongoing Bitcoin price rally. MSTR has jumped by 542% this year, beating the S&P 500 and Nasdaq 100 indices, which are up by less than 30%. MicroStrategy stock to do well as Bitcoin soars MicroStrategy shares will likely continue…
PayPal stock price has crawled back and jumped to its highest level since November 2022 as its turnaround strategy continued. It was trading at $89.3, up by over 78% from its lowest level in 2023, giving it a market cap of over $85 billion. PayPal turnaround is continuing PayPal, one…
Roku stock price has bounced back in the past few weeks, reaching a high of $86, its highest level since February. It has jumped by about 38% from its lowest level in November and 71% above the year-to-date low. It remains about 83% from its all-time high. Roku’s business is…
Goldman Sachs has a list of global stocks it expects will outperform in 2025. In particular, the investment bank is bullish on three names – Novozymes, Kawasaki Heavy Industries, and PetroChina. Let’s take a closer look at what each of these three names have in store for investors. Novozymes A/S…