India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to under 4%—in a major step toward securing exemptions from President Donald Trump’s current and potential tariff hikes. The sweeping proposal, not previously reported in full, represents one of New Delhi’s boldest trade liberalisation […]
Indian equity benchmarks managed to hold onto modest gains in afternoon trade on Friday, navigating a mixed sectoral landscape as investors positioned themselves ahead of the crucial US non-farm payrolls report due later in the day. Support from key sectors like IT, Oil & Gas, and Banking helped offset weakness elsewhere, although broader market sentiment […]
As memecoin fever continues to sweep across the crypto space, PepeX is quietly carving a path that could offer better long-term upside than its more volatile peers. While trending tokens like Turbo and Neiro have seen sharp price spikes in recent weeks, their valuations may be less sustainable than the structured, capped presale model offered […]
Apple shares slid nearly 3% on Friday after the company trimmed its stock buyback program by $10 billion, and warned of an estimated $900 million in additional costs for the current quarter due to trade tariffs imposed under US President Donald Trump’s administration. Chief Executive Tim Cook said the company is bracing for a significant […]
Coinbase’s decision to delist the MOVE token on May 15 has intensified concerns around Movement Labs, the company behind the token. The delisting follows a wave of controversy stemming from a $38 million USDT sell-off linked to a terminated market maker, leaked chats, and allegations of mismanagement. Coinbase Assets 🛡️ @CoinbaseAssets ·Follow We regularly monitor […]
US stocks surged on Friday after a stronger-than-expected April jobs report eased recession concerns and bolstered confidence in the economy. The Dow Jones Industrial Average gained 384 points, or 0.9%, while the S&P 500 climbed 0.9%, extending its rally and putting the benchmark index on track for its longest winning streak in over two decades. […]
Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth. Reddit shares have already rallied some 40% since early April, but an upbeat quarterly release the forum social media platform posted this week will sustain momentum moving forward, Anmuth says. In […]
Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion worth of shares in the e-commerce giant over the next 12 months, according to regulatory filings released Friday. The planned sale of up to 25 million shares, set under a pre-arranged trading plan, will run through […]
Chinese electric vehicle manufacturers posted diverging sales trajectories in April, with Xpeng marking the strongest year-on-year growth among major players. The company delivered 35,045 EVs last month, a 273% surge from April 2023, extending its streak of monthly deliveries above 30,000 units. Meanwhile, industry heavyweight BYD led the market in terms of volume, selling over […]
Both Rigetti Computing Inc (NASDAQ: RGTI) and IonQ Inc (NYSE: IONQ) have soared about 50% over the past month as investors ran into the quantum computing stocks in hopes they’ll emerge as the next goldmines after AI in 2025. According to some experts, quantum technology’s transformative influence on industries across the board could prove even […]