Microsoft’s Satya Nadella has drawn global attention during his India visit, not only for a major investment pledge but also for an unexpected personal project that links artificial intelligence with one of India’s most enduring sporting traditions. While travelling, the chief executive spent his free time building a Deep Research AI app to study cricket,
Microsoft stock (NASDAQ: MSFT) dropped sharply on Wednesday amid investor concerns about whether the company’s commanding position in enterprise AI is genuinely unassailable. While the company has poured $80 billion into AI infrastructure through 2025, the sell-off suggests markets are beginning to question whether massive capex translates into a durable competitive advantage. The development comes
The Federal Reserve is set to announce its next interest rate decision on December 10, a meeting that comes amid unusual uncertainty. With official economic data releases disrupted by the government shutdown, policymakers are relying on older reports and private surveys to gauge the health of the economy. Despite this fog, Jeremy Siegel, professor emeritus
In a dramatic escalation of the battle for one of Hollywood’s most storied studios, Paramount Skydance on Monday unveiled a $108.4 billion all-cash hostile bid for Warner Bros Discovery (WBD), just days after Netflix struck a $72 billion agreement to acquire the company’s film studios and streaming operations. In a statement on Monday, Paramount confirmed
The crypto market crash resumed last week as Bitcoin and most altcoins plunged by double digits. Bitcoin remains below the key support at $90,000, while Ethereum has dropped to $3,000. Other tokens like Cardano, Shiba Inu, and Dogecoin have also plummeted by double digits. Crypto market crash could stall in case of a more dovish
Robinhood Markets (NASDAQ: HOOD) is betting big on prediction markets – and it seems to be paying off. November marked the firm’s strongest month yet, with over 3 billion contracts traded. According to Vladimir Tenev, chief executive of Robinhood, however, the real breakthrough isn’t the trading activity – it’s how prediction markets are emerging as
Kepler Cheuvreux head of economics and cross asset strategy, Arnaud Girod, recommends gaining or growing exposure to healthcare stocks if you’re concerned about an AI bubble popping in 2026. Experts, including the “Big Short” investor Michael Burry, have sounded the alarm on valuations turning overly stretched for artificial intelligence stocks in recent months. But healthcare
The fight over the next chair of the Federal Reserve has drifted out of the financial pages and into everyday conversation. And in recent days, one man’s name keeps surfacing. Kevin Hassett. Kevin used to be a background character in US politics, and now he is being discussed as the person who could control the
Mexico’s peso is expected to remain within the same mid-range band that has defined its behaviour for nearly a decade, according to a recent Reuters poll. Since July 2015, the currency has traded between 16.00 and 22.00 per US dollar, averaging around 19.20 at the midpoint and breaching the upper boundary only once, during the
Gold and silver prices fell on Tuesday as investors booked profits after a surge in the precious metals in the previous sessions. Oil prices eased slightly as concerns over oversupply intensified. Investors also booked profits after prices had hit a near two-week high on Monday. Base metals were largely flat from their previous close, with