Economy

Economy
Economy

Tesla stock: why buying the hype could cost you thousands

Tesla stock (NASDAQ: TSLA) is among the most popular shares on Wall Street, with retail investors ready to load up on the dips. But recently, the risk of betting on Tesla stock has grown exponentially. Morgan Stanley’s first downgrade in over two years has exposed what the market has quietly known for months: Tesla’s stock

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Economy

Argentina’s Milei targets sweeping economic overhaul as new congress opens special sessions

Argentina’s newly elected Congress opens special legislative sessions on Wednesday, a potentially decisive moment for President Javier Milei as he seeks to fast-track a range of reforms he says are needed to steer the country on a better economic path. This comes just after the midterm elections in October, where the ruling party, La Libertad Avanza,

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Economy

Microsoft makes its biggest Asia move: $17.5B to transform India into an AI powerhouse

Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest investment ever in Asia. The announcement came after a meeting between India’s Prime Minister Narendra Modi and Microsoft CEO Satya Nadella. The money will flow into

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Economy

Yardeni ends 15-year bullish call on Magnificent 7 as concentration risks climb

Yardeni Research has scrapped its long-running overweight stance on the so-called Magnificent 7, warning that the dominance of America’s largest technology stocks has reached levels that are difficult to justify even with their strong earnings performance. In a note dated December 7, the firm, founded by Wall Street veteran Ed Yardeni, said it now recommends

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Economy

Will the crypto market crash end this week? Top catalysts to watch

The crypto market crash resumed last week as Bitcoin and most altcoins plunged by double digits. Bitcoin remains below the key support at $90,000, while Ethereum has dropped to $3,000. Other tokens like Cardano, Shiba Inu, and Dogecoin have also plummeted by double digits.  Crypto market crash could stall in case of a more dovish

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Economy

How prediction markets are fixing the ‘information problem’

Robinhood Markets (NASDAQ: HOOD) is betting big on prediction markets – and it seems to be paying off. November marked the firm’s strongest month yet, with over 3 billion contracts traded. According to Vladimir Tenev, chief executive of Robinhood, however, the real breakthrough isn’t the trading activity – it’s how prediction markets are emerging as

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Economy

DocuSign stock falls after earnings as Rule-of-40 flags overvaluation

The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled  DocuSign, a company that thrived during the

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Economy

LINK price prediction after Grayscale’s Chainlink ETF debut on NYSE Arca

Grayscale has officially launched the first US Chainlink ETF, GLNK, on NYSE Arca, marking a significant development for investors seeking regulated exposure to blockchain infrastructure. The debut has coincided with a sharp recovery in the price of Chainlink (LINK) cryptocurrency. At press time, Chainlink’s native token, LINK, was trading at around $14.61 after recovering nearly

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Economy

Amazon unveils game-changing AI chip: will it disrupt Nvidia’s dominance?

Amazon has officially launched Trainium3, its latest custom-built AI chip, signaling an aggressive push to challenge Nvidia’s grip on the artificial intelligence hardware market. The new chip delivers 4.4x faster performance and 40% greater energy efficiency compared to its predecessor, while AWS simultaneously rolled out Trn3 UltraServers capable of handling 144 chips in a single

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Economy

Unstoppable Women of AI and Web3 announces Most Inspirational Women of AI and Web3 awards

Unstoppable Women of Web3 and AI today announced the inaugural winners of its Most Inspirational Women of AI and Web3 awards, recognising leaders driving innovation at the intersection of artificial intelligence and blockchain technologies. The awards program celebrates women nominated by the community for their meaningful contributions to the industries. Among the honorees, nearly half

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