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AI scare’s $56 billion hit tests resilience of India’s IT stocks
economictimes_indiatimes48d ago

AI scare’s $56 billion hit tests resilience of India’s IT stocks

Indian tech stocks, including TCS and Infosys, have seen a significant market value drop due to AI fears. However, analysts and investors believe this selloff presents a buying opportunity. They argue that Indian IT firms are well-positioned to adapt, reskill, and capitalize on the growing demand for AI integration services, citing their history of technological resilience and strong financial positions.

#STOCKS
Short Interest in ProShares Short Bitcoin ETF (NYSEARCA:BITI) Decreases By 25.7%
watchlistnews48d ago

Short Interest in ProShares Short Bitcoin ETF (NYSEARCA:BITI) Decreases By 25.7%

ProShares Short Bitcoin ETF (NYSEARCA:BITI – Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 300,488 shares, a decline of 25.7% from the January 15th total of 404,180 shares. Based on an average trading volume of 2,159,315 [...]

#CRYPTO
google48d ago

Gold slides over 2% on strong dollar in light liquidity trade - Reuters

Gold slides over 2% on strong dollar in light liquidity trade ReutersGold Holds Near $5,000 as Lunar New Year Holiday Mutes Trade Bloomberg.comGold and Silver Slip as Comex Bulls Retreat, China Trading Shuts for New Year BullionVaultGold prices drop below $4,900/oz with US-Iran talks, econ. data in focus Investing.comWhy are gold and silver prices down again and will precious metals bounce back or continue to fall? Gold a The Economic Times

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Dollar holds gains in thin trading as markets await Fed minutes, US GDP
economictimes_indiatimes48d ago

Dollar holds gains in thin trading as markets await Fed minutes, US GDP

The dollar held its ground as markets awaited Federal Reserve signals on potential rate cut timing. The yen trimmed losses after weak Japanese data, while the Aussie dollar dipped following RBA minutes. Key economic events this week include Fed minutes and U.S. GDP figures.

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FG, Wigwe varsity advance talks on AI, agric innovation
punchng48d ago

FG, Wigwe varsity advance talks on AI, agric innovation

Nigeria’s FG and Wigwe University are collaborating on AI and agric innovation, aiming to develop local AI systems and boost Nigeria’s technological futureRead More: https://punchng.com/fg-wigwe-varsity-advance-talks-on-ai-agric-innovation/

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Access ARM Pensions pushes PPP, FCY fund
punchng48d ago

Access ARM Pensions pushes PPP, FCY fund

Access ARM Pensions expands retirement savings with its Personal Pension Plan (PPP) and the new dollar-denominated RSA Fund VII for Nigerians.Read More: https://punchng.com/access-arm-pensions-pushes-ppp-fcy-fund/

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