The cryptocurrency market has been bearish over the past 24 hours, with Bitcoin and Ether currently in the red. Bitcoin hit the $70,000 mark on Monday but is now down 1.4% and is trading around $68,400. Ether also risks dropping below $2,000 if the selloff persists. However, ZEC, the native coin of the Zcash ecosystem,
Novo Nordisk announced on Tuesday that it is making a higher-dose version of its popular weight-loss medication, Wegovy, available across the United States. The new 7.2-milligram dose, branded as Wegovy HD, was recently approved under the FDA Commissioner’s National Priority Review Voucher program last month, marking a significant development in obesity treatment options. Before this
The Nifty 50 Index remained in a correction on Monday as the risks to the Indian economy continued. It dropped to INR 22,678, down by nearly 14% from its highest point this year, and technicals suggest that it has more downside in the near term as the Iran war and bank crisis continue. Indian stocks
The USD/INR exchange rate has pulled back in the past few weeks as the actions by the Reserve Bank of India (RBI) continued. The pair has dropped to 92.85, down by 2.45% from its highest point this year. So, what next for the Indian rupee as bond yields jump? Indian rupee jumps as bond yields
A crypto rally is happening today, with volume in the spot market and the futures open interest rebounding. Bitcoin price jumped to $69,000, while top altcoins like Pepe Coin, Avalanche (AVAX), and Cardano (ADA) were the top gainers. Crypto rally triggered by hope of a 50-day ceasefire The main reason why the ongoing crypto rally
The Nasdaq Index is having a difficult year amid concerns about the ongoing US-Iran war and the private credit industry. It has retreated by over 8% from its highest point this year. This article explores some of the top gainers and laggards this year. Memory chip companies are the top gainers in the Nasdaq 100
The closure of the Strait of Hormuz has answered a question the energy world had been debating for a decade. What does it actually cost to stay dependent on fossil fuels? With Brent crude near $120 a barrel, gas above $4 a gallon across every US state, diesel up 45%, and the IEA describing the
Artificial intelligence investing still tends to begin with the same familiar names. Nvidia, Microsoft and other mega-caps still dominate the conversation, and it seems natural with the massive potential these names hold. But analysts are increasingly highlighting a second layer of AI-linked companies that are smaller, but carrying far more aggressive upside expectations. TipRanks’ April
Shares of Palantir Technologies continue to draw mixed views from analysts, as strong confidence in its artificial intelligence platform contrasts with growing concerns over its elevated valuation. While the company has received a fresh vote of confidence from Wall Street, analysts remain cautious about recommending the stock, citing limited room for error at current price
Despite scorching summers and rising temperatures across India, air conditioner makers like Voltas and Blue Star have struggled to translate long-term potential into consistent stock performance. Over the past year, Voltas shares have declined about 8%, while Blue Star has fallen nearly 28%. This underperformance comes at a time when India’s AC penetration remains just