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In a remarkable milestone, Bitcoin has surged to a trading value of $41,740, marking a 2.75% increase on Tuesday. This notable upswing sees the cryptocurrency breaching the $42,000 threshold for the first time since April 2022, a significant moment that underscores the growing mainstream acceptance and resilience of Bitcoin.

By Gloria Dickie

Facebook and Instagram parent company Meta is being sued by 83 Spanish media outlets over allegations that the social media giant breached EU data protection rules between 2018 and 2023, leading to unfair competition in the advertising market. The newspapers, led by media organisation AMI, claim that Meta's "massive" and "systematic" collection of users' personal data has given the company an 'illegitimately gained competitive advantage' in the design and delivery of personalised ads.

Gurpatwant Singh Pannun murder bid: Senior US official discusses alleged plot Recently, the National Investigation Agency (NIA) special court in Mohali ordered the confiscation of land belonging to Lakshbir Singh in Punjab’s Moga district. The court ordered the confiscation of the land under Section 33(5) of the Unlawful Activities (Prevention) Act, under which a judge can confiscate moveable and immovable property of a proclaimed offender involved in serious crimes. 3 Khalisan extremists charged over bid to kill Indian-origin NZ radio host Lakhbir Singh worked closely with Pakistan-based ISI to disrupt peace in India.

TechCircle, the Argentinian-Italian executive discusses HPE’s cutting-edge technology innovations in artificial intelligence (AI), data, and hybrid cloud, the importance of culture and employee engagement, what drives his energy as a CEO, the technology landscape in India, and his plans for the Indian market. Edited excerpts: Currently, the global economy is going through some uncertainty and readjustments. However, India has been at the forefront of digital transformation and is probably the fastest-growing economy in terms of gross domestic product (GDP).

Facebook files she considers the most important documents in internet history. The actions impacting Joan Donovan's work coincided with a $500 million donation to Harvard by a foundation run by Facebook founder Mark Zuckerberg and his wife Priscilla Chan. In a whistleblower disclosure made public Monday, Donovan seeks investigations into «inappropriate influence» from Harvard's general counsel, the Massachusetts attorney general's office and the US department of education.

Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. An interest rate decision is due in Australia in the meantime, with traders all but certain the central bank will keep rates steady, leaving the focus on the outlook and tone. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trading.

India and the USA on Monday held a comprehensive review of India-US Initiative on Critical and Emerging Technologies (iCET) at the level of Deputy National Security Advisers and agreed to broaden the scope of iCET to biotechnology, critical minerals and rare earths processing technologies, digital connectivity and digital public infrastructure, and advanced materials. Jonathan Finer, Principal Deputy National Security Adviser of the United States on Monday held consultations with Vikram Misri, Deputy National Security Adviser. This is a follow up to the visit of US NSA Jake Sullivan to India in June 2023 and the visit of NSA Ajit Doval to US in January 2023. The two Deputy NSAs have agreed to broaden the scope of iCET to biotechnology, critical minerals and rare earths processing technologies, digital connectivity and digital public infrastructure, and advanced materials, officials said, adding, they also affirmed the importance of easing regulations to facilitate high-tech collaborations, and transfer of technology. During the consultations, the two Deputy NSAs reviewed key bilateral issues and exchanged views on regional and global developments, officials said.

inflation pressures in the United States decreased in October compared to the preceding month. The Multivariate Core Trend (MCT) inflation gauge, disclosed by the bank, revealed a reading of 2.6 percent for October, down from September's 2.88 percent. The bank attributed the higher MCT level, compared to its pre-pandemic average, to specific trends in housing and non-housing services.

Indian equities, followed by Taiwanese and South Korean stocks. “Ultimately, India stands out as its own story, as it offers more attractive scale and demographic dividends than most emerging markets, and does so under a democracy," said Malcolm Dorson, the head of emerging-market strategy at Global X Management Co.

₹368.7-384.1 per share, a discount of up to 4% on the prevailing market price.Oil steadied after a three-day loss as Saudi Arabia said recent cuts by Opec would be honored in full and could be extended, pushing back against persistent skepticism over the curbs’ effectiveness.Global benchmark Brent held above $78 a barrel after dropping by more than 6% in the preceding three sessions, while West Texas Intermediate was over $73. Saudi Energy Minister Prince Abdulaziz bin Salman told Bloomberg News the recently decided cuts would “overcome" an expected inventory build in the first quarter, and could be continued further into 2024 if needed.HCL Tech, Honasa Consumer, SpiceJet, Brigade Enterprises, are among the stocks, that could be in focus in trade Tuesday.Indiabulls Housing Finance, India Cements, Zee Entertainment Enterprises, and Delta Corp are in the F&O ban list for 5 December.GIFT Nifty futures on the NSE IX fell 43.5 points to 20,817 in early deals on Tuesday, indicating a negative start for Indian indices.India's benchmark indexes ended at fresh all-time highs on Monday, aided by strong domestic macroeconomic data and elevated bets of a US rate cut in March, while analysts saw momentum picking up in the ongoing rally after the ruling Bharatiya Janata Party's victory in key state elections.The Nifty closed at 20,686.80, up 419 points, while the Sensex added 1,384 points to end at 68,865.12.Asian markets fell across the board as investors assessed a slew of economic data from across the region.

Inflation has sapped 40% of Americans of their pandemic savings, making consumer spending even more reliant on the job market. Generous government stimulus payments and lock-downs that kept people at home led to “windfall" savings, Stephen Stanley, chief US economist at Santander US Capital Markets, said in a research note Monday. How much of it remains has been a moving target, with economists upping their estimate of pandemic-era savings last month after earlier saying it was nearly gone.

Sensex surged 1,383.93 points, or 2.05%, to end at 68,865.12, while the Nifty closed 418.90 points, or 2.07%, higher at 20,686.80. “We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now. Given the government’s focus approach towards long-term capex across key areas, we expect BFSI, Industrials, Real Estate, Auto and Consumer Discretionary to do well going forward," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Catch Live Market Updates here The domestic benchmark indices ended at their record closing highs on Monday, witnessing the biggest one day rise in over one year. The Sensex surged 1,383.93 points, or 2.05%, to end at 68,865.12, while the Nifty closed 418.90 points, or 2.07%, higher at 20,686.80. Nifty 50 formed a long bull candle on the daily chart with a lower shadow.

US stocks ended lower on Monday, interrupting last week's rally, as investors turned cautious ahead of employment data due this week that could alter expectations that the Federal Reserve will cut interest rates early next year. The S&P 500 receded, with megacaps Microsoft, Apple, Nvidia and Amazon dipping over 1%, pressured by higher U.S. Treasury yields, which made returns on stocks less attractive. The S&P 500 registered its highest close of the year on Friday as remarks from Fed Chair Jerome Powell acknowledged the central bank's need to «move forward carefully» amid signs of economic softening, comments that bolstered expectations the Fed has finished raising rates. Small-cap stocks rose on Monday, with the Russell 2000 rallying about 1% and bringing its gain this year to almost 7%. «There is a lot of chop around here that is not necessarily meaningful,» said Tom Martin, a senior portfolio manager at GLOBALT Investments in Atlanta. «We have a really important Fed meeting coming up, and what makes it important is that all of a sudden, the market has decided that they're going to cut early next year.» The S&P 500 declined 0.54% to end the session at 4,569.78 points. The Nasdaq declined 0.84% to 14,185.49 points, while Dow Jones Industrial Average declined 0.11% to 36,204.44 points. Volume on U.S.

«We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS

Sensex closing above 68,000 for the first time, as the Bharatiya Janata Party's strong showing in state elections pumped up an already buoyant market. The Sensex and Nifty jumped over 2% each — the highest single-day gain in 14 months — boosted by resurgent foreign fund flows, receding US bond yields and softening crude prices. The Nifty gained 2.07%, or 418.90 points, to close at 20,686.80 after hitting a high of 20,702.65.

investors, whose enthusiasm for purchasing Indian sovereign debt is sapped by the procedures associated with the exercise, have found a novel instrument to tap into the credit market in the world's fastest-expanding major economy: Supranational bonds. Issuers of these instruments include entities such as the European Bank for Reconstruction and Development, International Finance Corp, and the Inter-American Development Bank. Investors include major global players such as Capital Group Cos, Bank of New York Mellon Corp, Mizuho Financial Group and Union Investment Luxembourg, among others, Bloomberg data showed.

TJM Institutional Services Director James Iuorio analyzes Q3 earnings and the Fed's ability to control inflation and future rate decisions.

MicroStrategy’s executive chairman Michael Saylor believes that Bitcoin (BTC) can still be 1000x from its current price of $41,500 – if given enough time.

Investing.com — The Dow ended lower Monday, though cut some losses into close despite weakness in tech amid rising Treasury yields ahead of the monthly jobs report later this week.