Category: Investing
Cantor Fitzgerald is joining forces with SoftBank, Tether, and Bitfinex to launch a Bitcoin-backed investment vehicle worth $3 billion. The new fund, called 21 Capital, comes as Bitcoin trades near historic highs and institutional appetite for crypto exposure surges under the pro-crypto Trump administration. The structure is designed to mirror MicroStrategy’s high-profile approach of accumulating […]
Indian equity benchmarks extended their winning streak into a seventh consecutive session today, propelled higher by a vigorous rally in technology stocks and positive cues flowing from a strong overnight performance in US markets. The Sensex reclaimed the psychological 80,000 mark for the first time in over three months, while the Nifty 50 climbed towards […]
A wave of relief washed over Asian financial markets on Wednesday, propelling most major stock indices higher as investors reacted positively to indications that US President Donald Trump would not dismiss Federal Reserve Chair Jerome Powell, coupled with optimistic comments regarding the US-China trade dispute. Easing fears spark market enthusiasm After days of simmering anxiety, […]
Tesla shareholders have had a rough ride in 2025, with the stock tumbling a staggering 44% this year. Meanwhile, short sellers are laughing all the way to the bank, raking in a jaw-dropping $11.5 billion in mark-to-market profits, as per data from S3 Partners. That’s based on Tesla’s closing price of $227.50 on Monday. Tesla’s […]
European financial markets returned from the extended Easter weekend to a climate of apprehension on Tuesday, opening lower as simmering worries about global trade tensions and US economic policy uncertainty cast a shadow over investor sentiment. The pan-European Stoxx 600 index reflected the cautious mood, shedding 0.5% by 8:27 a.m. London time. The pullback was […]
The ZIM stock price has remained in a technical bear market, declining by over 37% from its peak in December. It was trading at $12.95 on Monday, dragging its market cap from $3.26 billion to the current $1.56 billion. So, is ZIM a good buy as the World Container Index drops? Container shipping prices are […]
Gold price has continued to surge this year, becoming the best-performing major asset. It has soared by almost 30% and is nearing the important resistance point at $3,500. Analysts have boosted their gold forecasts, with Goldman Sachs estimating that it will hit $3,700. Some pros anticipate that gold will hit as high as $4,000 this […]
India’s benchmark equity indices, the Nifty 50 and Sensex, continued their upward march for a sixth consecutive session on Tuesday, April 22, though the day’s gains were notably more subdued compared to the robust advances seen earlier in the winning streak. Underlying market sentiment remained positive, however, driven by sector-specific catalysts and continued buying interest […]
As Beijing halts deliveries of Boeing’s US-made aircraft in response to new tariffs, Asian airlines are sensing an opportunity to expand their fleets, looking to snap up the planes being rejected by China. According to Bloomberg, Air India Ltd. is seeking to secure Boeing Co. aircraft initially designated for Chinese carriers, according to people familiar […]