Bitcoin, the flagship of the cryptocurrency world, recently experienced a turbulent fall, dipping below the crucial threshold of $78,000. This decline coincided with a significant downturn in U.S. equities, marking the steepest drop since 2020, largely driven by the volatile geopolitical climate ushered in by President Donald Trump’s aggressive global tariffs. Having traded comfortably above
Global Finance
In an impressive feat for the emerging fintech landscape, French accounting software firm Pennylane has successfully doubled its valuation to a whopping 2 billion euros (approximately $2.16 billion) following its latest funding round, which netted 75 million euros. This substantial funding round was spearheaded by Sequoia Capital, with participation from notable players such as Alphabet’s
In the high-octane world of investing, the allure of active trading often tempts individuals into a pattern of frenetic buying and selling. Many believe that being engaged consistently with the market is the secret to financial success. However, the compelling reality is becoming increasingly clear: those who adopt a more passive, “buy and hold” strategy—referred
Recently, an avalanche of speculation swept through social media channels, asserting that President Donald Trump faced accusations of intentionally deflating the stock market. This sensational claim gained momentum when Trump shared a video on his Truth Social account, which purportedly featured the endorsement of Warren Buffett—a claim that would not only misrepresent Buffett’s views but
As global investors reallocate their focus back to Hong Kong, Chinese companies are seizing a rare chance to list their stocks publicly. Following a significant breakthrough in artificial intelligence by DeepSeek, the enthusiasm surrounding initial public offerings (IPOs) has reached an intensity not seen in over three years. It appears that the stars have aligned,
Recently, the stock market has witnessed a volatile sell-off, primarily triggered by alarming developments in the technology sector, rather than solely by the protectionist measures from the Trump administration. Treasury Secretary Scott Bessent articulated this viewpoint during an appearance on Bloomberg TV, emphasizing that the downturn in the tech-heavy Nasdaq was initiated by the rise
In an era where science should reign supreme in guiding public health policy, the recent appointments and positions held by individuals like Robert F. Kennedy Jr. raise intense concerns. Serving as the Secretary of Health and Human Services, Kennedy has established himself as a leading proponent of anti-vaccine rhetoric, embodying a dangerous trend that downplays
In recent years, the once-buzzing realm of Environmental, Social, and Governance (ESG) investing has experienced significant turbulence. A sharp political pushback against the principles of sustainability combined with rising interest rates and economic headwinds has led to considerable outflows from ESG funds. Despite this, financial analysts argue that the underlying fundamentals and long-term investment potential
Traditionally, the realm of complex investment strategies was the domain of affluent clientele seeking customized solutions from exclusive banks. However, the landscape is rapidly changing. As major players like JPMorgan Chase and BlackRock pivot towards democratizing these sophisticated investment vehicles, everyday investors now find themselves with opportunities once reserved for the elite. The shift in
The recent expiration of a pivotal patent previously held by Vanguard marks a significant turning point in the world of exchange-traded funds (ETFs). Having gained notoriety for establishing an edge in tax savings, the patent’s lapse signifies a tremor of opportunity for competitors, thereby reopening a crucial battleground in the ETF marketplace. Wall Street insiders
In an era marked by increasing trade tensions, particularly between the United States and China, the Chinese leadership remains resolute in courting foreign investments. Recently, President Xi Jinping convened a roundtable discussion with global business executives, emphasizing the importance of multinational corporations in maintaining a stable global order. His rhetoric, laden with optimistic undertones, promotes
GameStop, once hailed as the champion of retail investor exuberance, is now navigating a complex landscape as it seeks to diversify its investments by entering the world of cryptocurrencies. The stock’s volatile journey has captured global attention, peaking spectacularly during the meme stock craze. However, recent developments reveal that investors’ confidence is wavering, particularly after