Hunny Arora India’s equity markets experienced a sharp decline on Thursday, December 19, marking the fourth consecutive session of losses. Both the SENSEX and NIFTY50 indices fell significantly, with widespread sell-offs across sectors, eroding investor wealth by an estimated ₹8 lakh crore this week. The situation has left many wondering about the factors behind this substantial market … Read more
Ripple’s long-awaited stablecoin, RLUSD, is set to launch for trading this Tuesday, following approval from the New York State Department of Financial Services. This move comes as the company looks to expand its footprint in the payments industry and offer a more efficient solution for cross-border transactions. In a significant development for the crypto market, … Read more
Nvidia (NVDA) has been one of the top-performing stocks in recent years, with a remarkable surge in stock value driven by a soaring demand for AI chips. But with analysts predicting a slowdown in revenue growth for 2025, investors might want to reevaluate their expectations. In 2023 and 2024, Nvidia’s stock has seen exceptional growth, … Read more
Elon Musk, the visionary behind Tesla, SpaceX, and several other groundbreaking ventures, has reached a remarkable milestone by becoming the first person in history to surpass a net worth of $400 billion. According to Bloomberg, this achievement places Musk firmly at the pinnacle of global wealth, a position he has held for several years. His … Read more
Rigetti Computing, Inc. (RGTI), a prominent name in the quantum computing sector, has recently attracted attention from investors, largely driven by its positive brokerage recommendations. While it’s tempting to rely solely on these suggestions, it’s important to understand the broader context before making an investment decision. Here’s a deeper dive into the factors you should … Read more
SoFi Technologies, Inc. (SOFI), a prominent player in the financial technology sector, has recently gained significant attention from investors. The stock has been trending on financial platforms like Zacks.com, drawing both excitement and curiosity about its future trajectory. Over the past month, SoFi’s shares have surged by 18.7%, far outpacing the Zacks S&P 500 composite’s … Read more
Micron Technology (NASDAQ: MU), a leader in memory and storage solutions, has faced some surprising setbacks in 2024, despite showing strong performance in recent quarters. With a 20% gain year-to-date, the stock has still underperformed, especially considering the company’s impressive growth prospects. After a 27% drop from its 52-week high in June, investors are eager … Read more
Japanese billionaire Masayoshi Son, CEO of SoftBank Group, recently made waves by announcing a $100 billion investment in the United States, promising to create 100,000 new jobs in emerging technologies such as artificial intelligence (AI). The announcement came during a high-profile meeting with President-elect Donald Trump at Trump’s Mar-a-Lago resort in Palm Beach, Florida. While … Read more
Overview of Paytm Share Movement on December 17, 2024 Paytm (One 97 Communications Ltd) witnessed positive momentum in today’s trading session. The stock closed at ₹1014.75, marking a 0.77% increase compared to the previous close of ₹1007. This uptick comes amid fluctuating market conditions where broader indices like Nifty and Sensex ended the day with … Read more
PC Jeweller, one of India’s prominent jewelry retail chains, witnessed a 5% surge in its share price following the implementation of its 1:10 stock split. The move, which aims to enhance stock liquidity and make shares more affordable for retail investors, reflects the company’s strategic efforts to boost market participation. This article explores the stock … Read more