In a fast-moving Friday across Washington and Wall Street, the United States announced a major breakthrough trade deal with Switzerland, signaled fresh tariff relief on key food imports, grappled with a high-profile leadership change at Walmart, and saw President Trump call for new investigations into Jeffrey Epstein’s connections. At the…
The MSTR stock price has collapsed this year, moving from the year-to-date high of $456 to $208 today. That crash has led to a $60 billion wipeout, with its market capitalization moving from over $128 billion to $60 billion today.Strategy mNAV crashes below 1Strategy stock price continued its strong downward…
US saw a variety of announcements on Thursday. Ranging from electric vehicles and entertainment to cybersecurity and aerospace manufacturing. Tesla faced renewed pressure following a product recall, Disney continued its strategic pivot toward digital growth, Anthropic uncovered a landmark AI-driven cyberattack, and Boeing ended a months-long labor strike at its…
The Nikkei 225 Index wavered this week as some of its biggest constituents published their earnings and as the Japanese yen continued its recent freefall. It was trading at ¥50,435, a few points lower than the year-to-date high of ¥52,640. It has jumped by 63% from its lowest level this…
Tokyo-listed shares of SoftBank Group fell sharply on Friday, extending a three-day losing streak as investors digested the Japanese conglomerate’s disclosure that it had sold its entire stake in US chipmaker Nvidia for $5.83 billion.The stock fell nearly 9% in early trade, before trimming losses to 5% lower later in…
India’s ambitious foray into the green hydrogen economy is currently facing significant headwinds, with a recent assessment from a US-based energy think tank highlighting critical impediments to its progress. The core of the problem lies in the disappointingly slow pace of project commissioning.This sluggishness is primarily attributed to a dual challenge:…
Thursday brought a flurry of major developments across politics, business, and technology. A US judge allowed Elon Musk’s antitrust lawsuit against Apple and OpenAI to advance, while President Donald Trump may unveil sweeping tariff reductions and new trade pacts aimed at easing inflation-weary American households. Media giants reportedly began circling…
A Texas federal court has allowed a major antitrust lawsuit to proceed, targeting Apple Inc. and OpenAI over claims that their partnership may suppress competition in artificial intelligence. The legal challenge, brought by Elon Musk’s X Corp. and xAI, argues that Apple’s decision to embed OpenAI into the iPhone’s operating…
The Dow Jones Index has pulled back in the past few days, moving from the year-to-date high of $48,416 to the current $47,457. It has remained about 30% above its lowest level this year. So, is it safe to buy the DIA ETF dip?Why the Dow Jones Index has retreatedThe…
Foreign investors are withdrawing billions from Asia’s top-performing AI-linked stock markets, marking the sharpest retreat in over seven months.A Bloomberg exclusive reports that Taiwan, South Korea, Japan, and China have all seen selloffs in recent weeks as rising valuations, shifting global monetary expectations, and structural concerns push capital elsewhere.Although the…