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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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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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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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Gold

Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk

The post Commodity wrap: rate cut hopes fuel gold, silver rally; oil prices climb on geopolitical risk appeared first on Invezz

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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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Gold

SCHD ETF continues to disappoint: buy SPYI instead?

The blue-chip Schwab US Dividend Equity ETF (SCHD) has had a tough year as investors dumped value stocks for high-flying technology companies like Nvidia, Palantir, and Micron.  The SCHD ETF has had a total return of just 4.68%, while the S&P 500 and Nasdaq 100 indices have jumped by 22% and 17%, respectively. This article

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Gold

Commodity wrap: bullion up on rate-cut bets, while oil climbs on supply fears

Gold prices rose on Wednesday as traders anticipated another interest rate cut by the US Federal Reserve later this month.  Silver eased from its record highs of more than $59 per ounce earlier in the day. But prices were still slightly higher than the previous close.  Oil prices climbed as Russia said talks with the

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Gold

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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Gold

Why are the smartest investors abandoning Bitcoin for gold right now?

Gold is beating Bitcoin by a wide margin, and the explanation lies not just in price charts but in who’s doing the buying. Since January 2024, gold has surged 58% while Bitcoin has fallen roughly 12%. Gold hit a record $4,381 per ounce in October and now trades near $4,216, up nearly 59% year-to-date. Bitcoin,

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