Australia’s under 16 social media ban will take effect on 10 December, triggering one of the most sweeping platform changes the country has ever introduced. YouTube is now preparing for this shift even though it had earlier rejected being included in the crackdown and was widely discussed in speculation about…
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…
J Sainsbury shares fell sharply on Wednesday after its biggest shareholder, Qatar’s sovereign wealth fund, moved to reduce its long-standing holding in the UK supermarket. The stock was the worst performer on the FTSE 100 in early trading, down 14.40 pence, or 4.4%, at 311.60 pence. Despite the drop, shares…
India’s steel mills significantly increased their overseas iron ore purchases this year, driving imports to a six-year peak. This surge was motivated by the need to compensate for domestic shortages of high-grade ore and capitalise on the more favorable global prices for the key steelmaking raw material, according to a Reuters…
Palantir stock price has dropped into a local bear market after falling by ~20% from its highest point this year. PLTR was trading at $167, down from the year-to-date high of $207. So, will the stock rebound amid heightened valuation concerns?Palantir growth is continuingPalantir is a top company offering services…
Lucid stock price has crashed in the past few months as challenges in the EV industry remained. LCID was trading a $12.58, down by 65% from its highest point this year. It has been in a freefall since February 2021, a move that has brought its market cap from over…
Trading used to be about gut feelings and reading charts. Traders sat at desks watching screens, trying to spot patterns that meant prices would go up or down. That world exists still but machines can now do what took humans years to learn, except in milliseconds.Speed matters more than people…
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…
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 fundamentalsThird-party data shows that the…
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…