Author: admin

Good morning,  Asia-Pacific Stock markets delivered mixed performance overnight, with Japan’s pencilling in an all-time high of 44,185 before surrendering gains to close marginally in the red. For any technical analysts reading, this has presented what is referred to as a ‘Dark Cloud Cover’ bearish pattern on the daily chart. The Nikkei gapped approximately 2.0% at the open on Monday following PM Shigeru Ishiba’s weekend resignation announcement. The succession race has centred around two prominent candidates: Sanae Takaichi, who would make history as Japan’s first female PM, and Shinjiro Koizumi, heir to the political legacy of former PM Junichiro Koizumi.…

Taurian MPS IPO Day 1: The issue opened for subscription on opens for subscription on Sep 9, 2025 and closes on Sep 11, 2025. Check here to know about the subscription status, GMP, other key details you need to knowTaurian MPS IPO: Subscription statusTaurian MPS IPO subscribed 0.40 times by 3,30 PM on 9 September. The public offering received 0.17 subscriptions in the NII category, 0.00 subscriptions in the QIB (Ex Anchor) category, and 0.73 subscriptions in the individual investor category.Taurian MPS IPO: allotment and Key datesThe subscription period for the Taurian MPS IPO begins on September 9, 2025, and…

Nasdaq to invest $50 million in Winklevoss-founded crypto exchange Gemini: Reuters

Gold Hits Record Highs—Here Is What Traders Should Expect hit an all-time high on Tuesday morning, capturing global attention. Find out what drives this growth and how it can impact your trading. Events. Gold rose to a record $3,650 per ounce, fuelled by growing expectations that the US Federal Reserve will start —possibly as soon as next week. Background. After a weaker-than-expected US last Friday, traders bet on three rate cuts before the end of the year. Rate cuts typically weaken the dollar. Geopolitical tensions and concerns over US tariffs also pushed investors towards safe-haven assets like gold. Possible outcome.…

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -How can Tesla become an $8.5 trillion company? That’s the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new pay package announced last week. Selling 100 million humanoid robots in a year could do it; creating a robotaxi network with more than 10 times the revenue of Uber might as well. And of course, investor hope is part of the equation. Musk on Friday was given a decade to expand Tesla’s $1 trillion valuation into a company worth more than the combined current value…

At about $4,363, Ethereum (ETH) is once again trading in a critical area. There are indications that Ethereum might be preparing for another leg higher, possibly toward the $5,000 mark in September, even though price action has cooled off from the July rally’s explosive surge.These three factors could lead the second-biggest cryptocurrency to make that move:Solid technical base: At $4,164, ETH has successfully defended the 50-day EMA, making it a dynamic support level. Notwithstanding the general market uncertainty, consolidation above $4,000 indicates that buyers are defending the base. The path toward retesting the $4,600-$4,800 resistance becomes very likely if ETH…

It’s a trap I see investors fall into all the time: pouncing on yields that are so high as to be, frankly, absurd. Case in point: the 89% (not a typo!) yielder we’re going to talk about today. I get where the temptation of a payout like that comes from. Inflation is sticking around. The job market? Precarious, to say the least, with AI replacing humans at an accelerating pace. Another disappointing jobs report, released on Friday, sure doesn’t help here, either. At a time like this, an 89% annualized payout sounds like a dream, especially if you’re looking to…

Opensea unveiled the Flagship Collection, a curated non‑fungible token (NFT) reserve backed by a commitment of more than $1 million to acquire, preserve and showcase digital art and cultural works deemed historically significant for the NFT ecosystem. The marketplace said the program will operate as a “living museum,” with acquisitions selected by an internal committee […]

US stock exchange giant Nasdaq has reportedly formed a strategic partnership with Winklevoss-founded crypto exchange Gemini to gain access to its custody and staking services.Gemini has secured Nasdaq as a strategic investor as the company moves forward with its initial public offering (IPO) debut on the stock exchange, Reuters reported on Tuesday, citing sources familiar with the matter.The crypto exchange expects to raise up to $317 million through the IPO and has arranged for Nasdaq to purchase $50 million in shares via a private placement concurrent with the offering, the sources said.The investment is part of a strategic partnership that…

Nebius Group (NBIS) shares soared 47% in pre-market trading after the company said it signed an agreement to supply Microsoft (MSFT) with graphic processing units (GPUs) in a deal Reuters valued at $17.4 billion over five years.The contract is worth more than the Amsterdam-based company’s entire market capitalization, currently $15.29 billion. According to Reuters, Microsoft may increase the contract value to $19.4 billion by acquiring additional services capacity.Shares of other companies involved in artificial intelligence (AI) computing, also advanced. Cipher Mining (CIFR) and IREN (IREN) both climbed 9% on speculation of further AI infrastructure partnerships, echoing similar moves seen earlier…