Here’s one reason why the Hang Seng Index could rebound soon
The Hang Seng index held steady after another weak Chinese economic report. The index, which tracks the biggest companies in Hong Kong, was trading at H$19,755, up 3.5% from its…
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AI to generate $23 trillion annually: could it benefit iDEGEN?
BlackRock’s head of thematic and active ETFs, Jay Jacobs, expects artificial intelligence to unlock significant upside in infrastructure and cybersecurity stocks in 2025. “It’s still very early in the AI…
Stoxx 50 index forms inverse H&S pattern ahead of ECB decision
The Euro Stoxx 50 index has staged a strong comeback in the past few days. The index, which tracks the biggest European companies, has risen in the past six consecutive…
Asian markets fall as Korea’s political crisis deepens
Asian shares faced a turbulent start to the week as South Korea’s ongoing political upheaval and weaker-than-expected demand recovery in China weighed on investor sentiment. A regional equities gauge fell…
What next for the soaring Rolls-Royce share price?
Rolls-Royce share price resumed its strong rally and jumped to its all-time high of 598p on Friday. It has jumped by over 1,500% from its 2020 lows, making it the…
SNAP stock is troubled, but a major comeback can’t be ruled out
Snap stock price has gone nowhere since 2022 as concerns about its growth and rising competition rose. It has remained between the support at $8.22 and the resistance at $17.57…
MongoDB stock price forms golden cross nears ahead of earnings
MongoDB (MDB) stock price has bounced back after bottoming at $214 in June this year. It rallied to a high of $344, and is hovering at its highest point since…
Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits…
Bitcoin ETF options launch spurs record inflows
BlackRock launched options on its Bitcoin exchange-traded funds (ETFs) on November 19, 2024, in a landmark event that looks set to bring cryptocurrencies into the mainstream for institutional and retail investors. This is a…
iDEGEN presale accelerates as crypto market celebrates Trump’s new crypto and AI czar
In a groundbreaking move that attracted the crypto community’s attention, incoming US president Donald Trump announced the first ever artificial intelligence and crypto ‘czar.’ Trump appointed venture capitalist and tech…