Palantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s 10% drop, which marked its worst trading day since May. The sell-off came after shares briefly reached…
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Investing
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Microsoft announced a significant milestone in quantum computing with the unveiling of its Majorana 1 chip, a development that sent shares of quantum computing companies higher on Thursday. The breakthrough marks a key step in…
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Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), an exchange-traded fund holding both spot Bitcoin and Ether, the asset manager announced on February 20. This marks the second cryptocurrency index ETF to hit…
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Stocks fell on Thursday, but losses were pared after an early sell-off. The major averages remained in negative territory, though they recovered from their session lows.The S&P 500 dropped as much as 1% in early…
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Investing
Asia-Pacific markets mixed as Japan inflation data, Trump tariff threats weigh on sentiment
Asia-Pacific markets traded mixed on Friday as investors reacted to Japan’s inflation hitting a two-year high and weighed the potential impact of renewed tariff threats from US President Donald Trump. While some regional indexes posted… -
Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in…
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Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce…
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Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit, Reuters reported.The bank attributed the strong performance to record growth in its wealth…
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The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion,…
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India’s retail demand for gold jewelry has been significantly impacted by the surge in gold prices to new all-time highs since the beginning of the year, the World Gold Council said.Despite record-high prices putting pressure…