Economy

Economy
Economy

Why Daniel Ives is getting more bullish on Nvidia after GTC?

Nvidia (NASDAQ: NVDA) moved higher in the pre-market trading on Tuesday after CEO Jensen Huang used the company’s GTC keynote to deliver a bigger-than-expected view of the AI infrastructure market. Jensen’s remarks were echoed by the prominent analysts, with Wedbush’s Daniel Ives emphasizing that Nvidia remains at the center of what he sees as a

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Economy

PDD Holdings stock becomes a bargain before earnings: buy or sell?

PDD Holdings stock price remains under pressure this week as traders focus on the upcoming financial results. Its ADR was trading at $103 on Monday, down by 37% from its highest level in May. So, will the stock rebound now that it has become a bargain? PDD Holdings has become a bargain ahead of earnings 

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Economy

Interview: AMINA Bank’s Sonali Gupta on Bitcoin’s resilience in market turmoil

Recent geopolitical tensions have triggered sharp moves across global markets, with oil prices rising, the dollar strengthening, and equities facing pressure. In contrast, Bitcoin has shown relative resilience, prompting fresh debate over its role during periods of macro uncertainty. At the time of writing, the cryptocurrency is trading at around the $74,000 mark. While correlations

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Economy

Airline stocks rise as Delta, JetBlue signal strong demand despite oil spike

Airline stocks climbed on Tuesday after major US carriers signalled that robust travel demand is helping cushion the impact of soaring fuel costs triggered by the escalating Middle East conflict, offering relief to a sector battered in recent weeks. Delta said the conflict in the Middle East has not dented travel demand so far, with

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Economy

Dow jumps 398 points as oil tops $100, Fed decision in focus

US stocks edged higher on Tuesday as investors looked to extend the previous session’s gains, while closely monitoring developments in the escalating Iran conflict and its impact on global energy markets. The S&P 500 and Nasdaq 100 gained 0.6%. Dow Jones Industrial Average advanced 398 points, or 0.85%. The cautious optimism follows a strong rebound

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Economy

Ripple expands Brazil crypto push, seeks central bank licence

Ripple is stepping up its presence in Brazil as it broadens its digital asset services and prepares to enter the country’s formal crypto regulatory system. The payments-focused blockchain firm said Tuesday it is rolling out an expanded suite of offerings designed for banks and fintechs, while also planning to apply for a Virtual Asset Service

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Economy

Mideast turmoil exposes India’s weak LPG logistics; eateries face the heat

Even as the Indian government reassures citizens that the supply of domestic cooking gas remains uninterrupted, uncertainty prevails.  Experts believe shortages of liquefied petroleum gas (LPG) will likely remain.  “Shortages will likely persist for as long as the kinetic conflict remains active,” Igor Isaev, doctor of technical sciences, head of analytics center at Mind Money,

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Economy

Gulf crude output could drop 70% in US-Iran conflict, says Rystad

The closure of the Strait of Hormuz, following US-Israeli strikes on Iran, has led to a significant disruption in Middle East oil and gas production.  In just over a week, more than 12 million barrels of oil equivalent per day (boepd) of production has been taken offline, according to a Rystad Energy analysis.  This includes

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Economy

Payment infra is a strategic decision: why most firms are getting it wrong

For a vast majority of finance teams, their payment stack is something that gets assembled piece by piece over time (say a provider for domestic transfers here, another for cross-border payouts there, a third for FX). And while all of this is fine, by the time the cracks become visible, the operational cost of holding

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Economy

DocuSign stock price at risk of a crash after earnings on March 17

DocuSign stock price has pulled back in the past few months, and is hovering at its lowest level since December 2023. DOCU was trading at $47 on Friday, down by 56% frm its highest point in December 2024. It has also plunged by over 85% from its highest point during the pandemic. So, will the

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