MicroStrategy sold 3.7 million shares for $1.48 billion and still holds $11.3 billion for future issuance. It bought 15,400 bitcoins for about $1.5 billion at […]
Archives: Stock in News
India to Update GDP Base Year to 2022-23, Aims to Improve Economic Data Accuracy
India will change the base year for calculating its Gross Domestic Product (GDP) from 2011-12 to 2022-23, as announced by Statistics Minister Rao Inderjit Singh […]
JPMorgan and Tesla Settle Lawsuit Over Musk’s 2018 ‘Funding Secured’ Tweet
JPMorgan Chase and Tesla have decided to end their legal fight over a $162 million stock warrant issue related to Elon Musk’s 2018 tweet about […]
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RBI in Talks with Traders, May Cut CRR to Boost Liquidity Amid Cash Shortage and Rising Borrowing Costs
India’s central bank, the RBI, has been talking more with traders about the cash situation in the banking system, sparking speculation that it might take […]
India’s Manufacturing PMI Slips to 56.5 in November Amid Rising Inflationary Pressures
The HSBC final India Manufacturing Purchasing Managers’ Index (PMI) dropped to 56.5 in November from 57.5 in October, with a preliminary estimate at 57.3. Despite […]
Trump Warns BRICS: 100% Tariffs for Any Move Against the U.S. Dollar
President-elect Donald Trump on Saturday, November 30, warned BRICS countries, including India, Russia, China, and Brazil, against any plans to replace the US dollar and […]
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Low Inflation, High Living Costs: A 22% Increase in Consumer Prices Since 2020
Although inflation is currently low, the cost of living remains significantly high. The Consumer Price Index (CPI) has risen by 22% since January 2020, indicating […]
Global Liquidity Cycle Forecast: Next Peak Projected for September 2025
The Global Liquidity Index (GLI), a normalized measure (0-100, avg. 50), reflects global liquidity momentum. It aligns with a 65-month sine wave cycle derived from […]
India’s GDP Grows 5.4% in Q3, Misses RBI’s 7% Forecast; Bond Yields Ease to 6.76%
India’s GDP expanded by 5.4% year-on-year in Q3, marking the slowest pace of growth in two years and falling short of the Reserve Bank of […]
Goldman Sachs Forecasts 9% Gain for S&P 500 by End of 2025, with Earnings Set to Rise 11%
Goldman Sachs projects the US benchmark index to reach 6,500 by the end of 2025, marking a 9% price gain and a 10% total return, […]