After the BitGo IPO, Ledger hires Goldman Sachs to go public
The closely-watched BitGo IPO concluded on Thursday, with the stock rising by 2% and its market capitalization moving to over $2.1 billion. Now, Ledger has hired banks as it explores…
RBI uses FX swaps to ease liquidity strain as rupee hits record low
The Reserve Bank of India (RBI) has conducted more than $2 billion in dollar/rupee FX swaps over the last two days to offset the liquidity drain caused by spot dollar…
ASX 200 Index forecast as UBS predicts RBA rate hike after surprise Australia jobs data
The ASX 200 Index wavered after the latest Australian jobs report raised the possibility that the Reserve Bank of Australia (RBA) will hike interest rate in the next meeting. It…
OpenAI seeks $50B funding round in Middle East at up to $830B valuation
OpenAI Chief Executive Officer Sam Altman has been meeting with major investors in the Middle East to line up funding for a massive new investment round that could total at…
Morning brief: markets rebound after Trump retreats, Gold pulls back
Global markets steadied on Thursday as investors reacted to a sharp easing of geopolitical tensions after US President Donald Trump backed away from tariff threats and ruled out the use…
Goldman Sachs lifts 2026-end gold price forecast to $5,400; here’s why
Goldman Sachs has revised its year-end 2026 gold price projection upwards, increasing the forecast to $5,400 per ounce from the previous $4,900/oz. This adjustment is attributed to the ongoing trend of…
Eternals posts 73% profit growth with quick commerce arm breaking even
Eternal (ETEA.NS) shares rose on Thursday after its quick-commerce arm Blinkit broke even, a milestone that boosted investor confidence in the company’s ability to hold firm in India’s fast-growing rapid…
Apple stock tumbles nearly 3% despite analyst upgrade: here’s why
Apple stock (NASDAQ: AAPL) slid nearly 3% on Tuesday, even as Evercore and Citi issued constructive notes ahead of the company’s earnings report due January 29.The disconnect highlights a fundamental…
BBAI stock tumbles as new ‘investor alert’ sparks fresh panic selling
BigBear.ai (NYSE: BBAI stock) tumbled on Tuesday after Pomerantz LLP, a prominent securities law firm, announced it is investigating whether the company and its officers engaged in potential securities fraud.…
Netflix stock sinks on Q4 earnings, creating opportunity for long-term investors
Netflix (NASDAQ: NFLX) shares are trending down in after-hours after the streaming behemoth reported its financials for the fourth quarter that only slightly topped Street estimates.Investors are bailing on NFLX…