OpenAI is preparing to merge its growing list of consumer tools into a single desktop application, as the company shifts focus towards more practical, productivity-driven use cases. The move will combine its web browser, ChatGPT app, and Codex coding tool into one integrated platform. The initiative comes as OpenAI looks to simplify how users interact […]
The Nifty 50 Index remains in a deep sell-off this week as concerns about the Indian economy face major challenges amid the ongoing Iran war. It dropped to INR 22,940 this week, and has now formed a death cross pattern, pointing to more downside in the near term. Nifty 50 Index death cross points to […]
The Hang Seng Index remained in a correction this week after falling by 10% from its highest point this year as technology companies slipped. It dropped to H$25,400, down from the year-to-date high of H$28,052. Hang Seng Index drops amid the Alibaba, Tencent, Xiaomi sell-off The Hang Seng Index, which tracks some of the biggest […]
Asian markets opened mixed on Friday, as Japan’s Nikkei 225 index plummeted nearly 2,000 points to around 53,372.53 levels, while markets in India and South Korea gained. The contrast underlined that the US-Iran war is not affecting every Asian market equally. The developments came as the oil prices eased further after the US administration signaled […]
Despite facing some serious headwinds, the Bitcoin price is showing some serious resilience these days. As oil pushes back above $100 and traditional havens wobble, Bitcoin is emerging as the asset traders keep reaching for. The Bitcoin price has jumped roughly 8% from the start of the Iran war on Feb. 28 through mid-March, while […]
The Nikkei 225 Index retreated by over 3% on Friday, mirroring the performance of American equities, with the Dow Jones and Nasdaq 100 falling by 200 and 60 points, respectively. The Japanese index dropped to ¥53,370, down by 10.10% from its highest point this year. Japanese stocks amid inflation concerns The Nikkei 225 Index has […]
The benchmark S&P 500 index inched lower on Mar. 19 as investors reacted to a missile strike on Qatar’s Ras Laffan industrial complex – a critical node in global energy infrastructure. The attack sent energy prices soaring, reigniting fears of a systemic inflationary shock. Meanwhile, the Fed’s “hawkish hold”, with officials signalling only one rate […]
On Thursday, Bitcoin traded around $69,000-$70,000. Goldman Sachs is reportedly looking to start job cuts in April, while OpenAI announced it will acquire Astral, and Uber announceda partnership with Rivian. Bitcoin holds steady amid broader market selloff Bitcoin drifted between $69,000 and $70,000 as escalating tensions in Iran and across the Middle East rattled global […]
Figma shares extended their decline this week as investor concerns over artificial intelligence competition intensified following the launch of a new design-focused product from Google. The stock dropped 8% on Wednesday and fell more than 4% on Thursday, taking its losses to about 35% for the year. The selloff reflects broader pressure across the software […]
Wall Street closed lower on Thursday as rising oil prices and escalating geopolitical tensions in the Middle East dampened investor sentiment and clouded the outlook for interest rate cuts. The S&P 500 fell 0.27% to 6,606.49, while the Nasdaq Composite slipped 0.28% to 22,090.69. The Dow Jones Industrial Average dropped 0.44%, or 203.72 points, to […]