Indian shares tumbled on Tuesday amid lingering concerns over FII outflows and disappointment stemming from a weak earnings season. Sluggish cues from Asia and Europe also dented sentiment as traders awaited clarity on U.S. President-elect Donald Trumps policy proposals on global geopolitics, U.S.-China relations, NATO, immigration, and economic policies. The U.S. dollar held near a...
Shares of Bayer AG were losing around 11 percent in the morning trading on Germanys XETRA after the pharmaceutical and life sciences major reported Tuesday loss in its third quarter and weak adjusted EBITDA, amid nearly flat sales. The net loss, however, was narrower than last year, while EBIT loss widened. Further, the company trimmed...
German economic sentiment deteriorated in November as the victory of Donald Trump in the US presidential election and the collapse of the German government coalition damped expectations, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment dropped to 7.4 in November from 13.1 in the previous month. The index...
Meat processor Tyson Foods, Inc. (TSN) reported Tuesday a profit for the fourth quarter compared to a loss last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts expectations. However, the company provided weak sales guidance for the full-year 2025. In Tuesdays pre-market trading on Nasdaq, TSN...
U.S. stocks are broadly higher on Monday, although the technology sector is seeing some weakness due to profit taking. The Dow and the S&P 500 climb to new record highs this morning, and remain fairly well placed in positive territory. Investors continue to cheer Donald Trumps win in the presidential election, and remain optimistic that...
The U.S. dollar climbed against its major counterparts in the New York session on Monday, as investors await upcoming U.S. inflation data and speeches by Federal Reserve officials for additional clues to the Feds rate trajectory. U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide...
A Japanese lawmaker proposes a national Bitcoin reserve, highlighting its decentralized nature as a strategic asset for Japan’s economy.Japan considers lighter crypto regulations to promote innovation in blockchain technology and ensure investor protection. Satoshi Hamada, a Japanese lawmaker, has made a bold suggestion, requesting the government to establish a national Bitcoin reserve. Citing its decentralized...
Bitcoin Suisse predicts Bitcoin will surpass $180,000-$200,000 by 2025, with Ethereum staking ETFs set to outperform Bitcoin ETFs.Altcoin market value is projected to increase 5x in early 2025, signaling diversification in the crypto landscape. Bitcoin Suisse, one of Europe’s most respected crypto providers, has issued persuasive research anticipating a significant increase in the price of...
The Altcoin Season Index surpassing 60 signals potential Bitcoin price gains with historical data.Ethereum’s breakout and a strong performance could drive a broader altseason. The Altcoin Season Index has risen above the 60 mark, which traditionally points to the next BTC price upswing in the next one to two months. As noted by VanEck, an...
Bitcoin outperformed traditional assets over the last decade, delivering unmatched growth and reshaping investment perspectives.Despite its volatility, Bitcoin’s unique correlations with stocks and gold offer insights into its behavior as a growing asset. Over the last decade, Bitcoin (BTC) has been very clear as an amazing asset, surpassing traditional assets including equities, bonds, and commodities,...