The FinTech Hub
Source: Bitcoinist The cryptocurrency market has been under intense bearish pressure in recent weeks, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to put in a positive shift. The past week was particularly drab for the two largest cryptocurrencies, as they posted double-digit losses in the last seven-day period. While the BTC…
Source: Live Mint Multibager stock: The potential of multibagger stocks is like a beacon of hope in the world of investments. As Charlie Munger once said, the real money is not in the buying or selling but in the waiting. This principle holds true for penny stock investment, where the focus is on the long-term…
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Source: The Verge The iPhone 16 is nigh as Apple prepares to debut its next smartphone lineup on Monday, September 9th, at 1PM ET / 10AM PT. The company is expected to officially announce four phones as usual, with two standard iPhone 16s and two iPhone 16 Pro models, all likely packed with Apple Intelligence…
Source: Business Standard 5 min read Last Updated : Sep 06 2024 | 9:23 AM IST F&O Insights for Friday, September 06, 2024: The NSE Nifty 50 index seems to be taking a breather following the recent non-stop 14-day rally. Yesterday, the Nifty languished in a tight range, and eventually ended 0.2 per cent…
Source: Live Mint ANYONE CAN spot a tipping point after it’s been crossed. Also known as critical transitions, such mathematical cliff-edges influence everything from the behaviour of financial markets and the spread of disease to the extinction of species. The financial crisis of 2007-09 is often described as one. So is the moment that covid-19…
Source: Business Standard 3 min read Last Updated : Sep 05 2024 | 10:51 PM IST Notwithstanding a moderation in growth in the first quarter (Q1) of 2024-25 (FY25), the fundamental growth drivers of the economy are gaining momentum, instilling confidence that India’s growth story remains intact, said Reserve Bank of India (RBI) Governor…
Source: Venture Beat Global AI revenue is booming, which is great for chip makers. But for many businesses, it requires a whole new discipline of cost management. Read Full Article
Source: Business Standard 2 min read Last Updated : Sep 06 2024 | 9:29 AM IST KEC International hits new high: Shares of construction engineering company KEC International jumped as much as 5.05 per cent to hit a fresh record high of Rs 1,039 per share on Friday, September 6, 2024. The uptick…
Source: Live Mint Investors in the riskiest portions of collateralized loan obligations are seeing their returns get juiced thanks to the biggest wave of resetting on record. Resets, a form of refinancing for CLOs, surged to a US record of more than $26 billion in August, according to data compiled by Citigroup Inc. that dates…
Source: Live Mint Sam Altman led AI startup OpenAI has announced GPT-4o, the company’s most cost effective model to date. The model is being seen as an attempt by OpenAI to stay relevant with increasing competition from more deep pocketed rivals like Google and Meta. GPT-4o Mini (O stands for Omni), will replace GPT-3.5 Turbo…
