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Source: Live Mint The U.S. market recently experienced a deep rapid correction, with the S&P 500 falling by 10% and the Nasdaq 100 by 14%. However, India’s stock market remained resilient amid the global sell-off. The Nifty 50 swiftly rebounded from its recent low of 21,964.6, surpassing the 23,000 threshold with ease. By Friday’s close,…
Source: Live Mint Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its…
Source: Live Mint The U.S. tariff disruption to the world has intensified. Following the imposition of an additional 10% tariff on Chinese imports in February, the rate was further increased by another 10% in March. Consequently, the average U.S. tariff on Chinese goods could reach 39%, marking a steady rise over the past eight years….
Source: Live Mint The United State’s tariff war and federal job cuts continue to impact the markets and economy, dragging cryptocurrencies down for a second day on March 11, 2025. In fact, Bitcoin is at the lowest its been since Donald Trump won the US election in November 2024. The world’s largest cryptocurrency at 7.35…
Source: Live Mint US President Donald Trump announced on Sunday, March 2, that the US Crypto Reserves will include cryptocurrencies like Solana, XRP, and Cardano in efforts to elevate America’s crypto industry, according to a social media post on TruthSocial. Also Read | Bitcoin skyrockets to over $92,000 on Donald Trump’s BIG US crypto reserve…
Source: Live Mint Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50-basis-points to 3% YoY, cutting rate cut hopes Read Full Article
Source: Live Mint Wall Street Today: Stock markets in the United States opened flat on Tuesday, February 4, as investors remained cautious and low on risk-taking amid China’s stance of retaliation against the new trade restrictions and tariffs by the US President Donald Trump’s administration, reported the news agency Reuters. Also Read | Small-cap stock…
Source: Live Mint A Brooklyn-based social media blogger, Jeffrey Emanuel, on January 25, 2025, wrote a nearly 12,000-word blog post making a case for shorting one of the top chipmaking AI companies in the world, Nvidia Corp., reported the news portal MarketWatch. According to the news report, the blog post cited reasons like changing tides…
Source: Live Mint Meta Platforms Inc. aims to invest $60 billion to $65 billion in capital expenditure in 2025, according to Chief Executive Officer (CEO) Mark Zuckerberg’s post on social media platform Facebook on Friday, January 24. “We’re planning to invest $60-65B in capex this year while also growing our AI teams significantly, and we…
Source: Live Mint United States of America President Donald Trump’s official cryptocurrency lost more than 20 per cent since yesterday amid the 78-year-old Republican leader becoming the 47th President on Monday, January 20. Stock markets in the US opened higher on Tuesday as investors now eye President Donald Trump’s executive orders on energy and immigration…
