Microsoft shares fell the most since March 2020 as concerns over slowing growth in its cloud business and a delayed return on its massive AI investments spooked Wall Street and dragged the Nasdaq lower with it.
Bank of America CEO Brian Moynihan says India is the fastest-growing major market globally, offers huge opportunity, and will need large amounts of capital to sustain its growth. He praised Prime Minister Modi’s consistent reform agenda, including Make in India, but urged regulators and bureaucracy to make doing business easier, especially around operational and data rules. His guidance to Bank of America’s new India CEO is clear: improve profitability, use capital efficiently, and manage risk prudently.
Bank of America CEO Brian Moynihan says India is the fastest-growing major market globally, offers huge opportunity, and will need large amounts of capital to sustain its growth. He praised Prime Minister Modis consistent reform agenda, including Make in India, but urged regulators and bureaucracy to make doing business easier, especially around operational and data rules. His guidance to Bank of Americas new India CEO is clear: improve profitability, use capital efficiently, and manage risk prudently.
BitcoinWorldAltcoin Season Index Stagnates at 32, Revealing a Cautious Crypto MarketGlobal cryptocurrency markets exhibit a period of notable equilibrium as CoinMarketCap’s pivotal Altcoin Season Index remains firmly anchored at 32. This crucial metric, a barometer for alternative digital asset performance, has shown no movement for consecutive daily readings, signaling a market in careful balance between Bitcoin’s enduring dominance and altcoin potential. Consequently, investors and analysts [...]This post Altcoin Season Index Stagnates at 32, Revealing a Cautious Crypto Market first appeared on BitcoinWorld.
US equity-index futures fell at the open after Apple Inc. warned about margins amid concerns whether the heavy investments by tech companies in artificial intelligence will deliver sufficient returns. Gold rebounded in early Friday, while silver advanced.
The total crypto market cap dropped from about US$3.1 trillion to just over US$2.9 trillion, a decline of roughly 6%.
BitcoinWorldFederal Reserve Chair Nominee: Trump’s Crucial Announcement Tomorrow Could Reshape Monetary PolicyWASHINGTON, D.C., March 15, 2025 – President Donald Trump will announce his nominee for the next Federal Reserve Chair tomorrow morning, according to Aggr News, setting the stage for a potentially transformative shift in U.S. monetary policy that could significantly impact cryptocurrency markets and global financial stability. Federal Reserve Chair Nominee Announcement Timeline and Process [...]This post Federal Reserve Chair Nominee: Trump’s Crucial Announcement Tomorrow Could Reshape Monetary Policy first appeared on BitcoinWorld.
Bitcoin’s ‘digital gold’ promise is unravelling as traders forgo the token for surging metals, hurting a narrative that once defined the asset’s macro appeal.
CompoSecure (NASDAQ:CMPO – Get Free Report) and Visa (NYSE:V – Get Free Report) are both business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, profitability, dividends, valuation, analyst recommendations and earnings. Volatility and Risk CompoSecure has a beta of 0.98, [...]
BitcoinWorldBitcoin Options Expiration: A Critical $7.7 Billion Event Unfolds TodayGlobal cryptocurrency markets face a pivotal moment today, January 30, 2025, as Bitcoin options contracts representing a staggering notional value of $7.7 billion reach their expiration on the Deribit exchange. This significant event, occurring at 08:00 UTC, introduces substantial potential for market volatility and strategic repositioning. Consequently, traders and analysts worldwide are scrutinizing the underlying [...]This post Bitcoin Options Expiration: A Critical $7.7 Billion Event Unfolds Today first appeared on BitcoinWorld.
Nigeria’s external reserve position is a key indicator of the country’s ability to defend the naira and meet its external obligations. Analysts estimates that at $46 billion, Nigeria’s external reservesThe post Assessing factors driving $51b external reserves target, shaping naira appeared first on The Nation Newspaper.
New data from AI benchmarking and intelligence platform Evident suggests that many of the world’s largest banks are reducing their reliance on OpenAI as their primary large language model provider.