On December 4, Bitcoin first surpassed the $100,000 mark, highlighting a significant rally of over 40% since the election. In 2024, Bitcoin’s gains exceed 110%. Many other cryptocurrencies are also thriving, with XRP reaching nearly 250% growth due to speculation about potential spot ETFs in 2025. Solana is another standout, up 70% this year, while ...
The digital currency and payments sector is growing quickly, influenced by technology and changing consumer habits. With the global digital payments Market valued at $115.93 billion in 2023 and projected to reach $180.26 billion by 2028, companies like Visa Inc. are leading the way. Visa, ranked as the top digital payment stock according to hedge ...
The global cryptocurrency Market is set to grow by USD 34.5 billion from 2024 to 2028, with an annual growth rate of 16.64%. This expansion is driven by increasing investments in digital assets and growing acceptance of cryptocurrencies by retailers. Major companies like Starbucks and Tesla are beginning to embrace cryptocurrencies for everyday transactions, enhancing ...
As Bitcoin soared past $100,000, MicroStrategy’s stock saw a decline of 4.5%. The company holds over 402,000 Bitcoins, valued at around $40 billion, but despite Bitcoin’s milestone, investors sold off shares in crypto-related companies like MicroStrategy and Coinbase, which dropped by 3%. MicroStrategy has shifted focus from software to Bitcoin investment, resulting in a nearly ...
 "India’s wealthiest surpasses trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.")
The wealth of India’s richest individuals has surpassed $1 trillion, reaching an impressive $1.19 trillion, as reported by Fortune India. Additionally, a report from Motilal Oswal reveals that household financial wealth has hit a record high of 115.9% of India’s GDP in the first quarter of FY25. Households have seen their gross financial assets rise ...
 "Intel faces a tumultuous future as shares plummet, while Apollo and Qualcomm eye investments and potential takeover deals.")
Intel, once a dominant force in chip manufacturing, is facing significant challenges, with its share price plummeting nearly 60% since early 2024. In a bold move to revitalize the company, investment firm Apollo Global Management has proposed a $5 billion investment, which Intel executives are currently reviewing. This investment could be vital for Intel’s turnaround ...
 "The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.")
This September, foreign investors have significantly increased their investments in Indian equities, pouring in around Rs 33,700 crore, mainly driven by the US Federal Reserve’s recent interest rate cut. This surge marks one of the highest monthly inflows this year, showcasing renewed confidence in the Indian Market. The overall investment from foreign portfolio investors has ...
 "PwC faces a record penalty in China for audit failures, prompting substantial investments to rebuild trust and ensure sustainability.")
PwC is making significant investments to enhance its business quality and sustainability in China following a recent record penalty. The firm faced a six-month suspension and a hefty fine of 441 million yuan (approximately $62 million) due to its involvement in the audit of the troubled property developer, China Evergrande Group. Chinese regulators accused Evergrande ...
 "Amid massive investments, India’s semiconductor strategy falters, struggling with objectives and workforce shortages in a complex global market.")
India is investing significantly in its semiconductor industry, with plans to allocate up to $21 billion to boost production. However, a clear strategy is needed to ensure effective use of these funds. The government aims for self-reliance, but achieving true semiconductor independence is unrealistic, even for powerhouses like the U.S. Instead of focusing solely on ...
 "India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.")
Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that Japan and South Korea are interested in investing in India’s shipbuilding industry. This could lead to direct investments, joint ventures, and technology sharing, enhancing India’s capabilities in this sector. To further develop shipbuilding, the ministry plans to create multiple clusters with the help of ...
