Usa Financial News

Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2025-2026 in February 2025, marking her eighth budget under the Modi government.

Fed rate cuts highlighted Bitcoin’s bullish momentum in 2024. However, the price action in 2025 offers to be more proactive, especially considering the recent momentum. While it has been evident that the impact of the US Presidential election has finished supplementing Bitcoin’s bullish movements, analysts believe crossing the $100,000 psychological boundary uniquely positions the world’s largest cryptocurrency for more noteworthy movements in 2025. However, numerous predictions have filled the digital space in the last few weeks over Bitcoin’s probable future in 2025, conservative and otherwise, there have been few that have supportive data regarding the claims. Bitcoin conservatives put Bitcoin a quarter below the $100,000 mark, with many others putting it between $250,000 and 1 million. Predicting a risk asset such as Bitcoin’s future, both short and long-term, remains challenging at the best of times. However, with a number of significant events playing a key role in 2025, Bitcoin’s future prospects remain bright. With a pro-crypto hierarchy assuming power across world governments, the crypto ecosystem is expected to receive a much-needed boost in the coming months. However, institutional and retail adoption alongside regulatory reforms are expected to be the catalysts to growth and value creation for Bitcoin.

silver March futures contracts were trading at Rs 90,747/kg, up by 0.21% or Rs 191. Gold prices jumped by Rs 1,550/10 grams in the last one week while silver prices have largely traded flat, tumbling by Rs 191/kg in the same period.

ICICI Securities has an add call on Sagility India with a target price of Rs 55. The current market price of Sagility India Ltd. is Rs 48.95. Four-pronged go-to-market strategySagility India Management's four-pronged strategy includes: 1) Continued mining of top clients? e.g. several top clients continue to grow in double digit, thus, increasing wallet share, 2) investing heavily to increase penetration into mid and smaller segment payers as Blue Ocean, 3) investing in technology such as AI, full scale platform based solutions, solution-bundling, and 4) M&A to enable inorganic growth, especially focussing on capability-based or mid-market segment acquisitions.

Facebook, Instagram, and WhatsApp, plans to lay off around 3,600 employees who are identified as low performers, according to an internal memo reported by Bloomberg. CEO Mark Zuckerberg described the decision as a step to «raise the bar on performance management and move out low-performers faster» as the company forges ahead in building out AI-powered services and immersive devices.

Shark Tank India Season 4 highlighted the sharp mathematical skills of Azhar Iqubal, who caught everyone's attention with his quick analysis during a pitch. When entrepreneurs Ravi Kumar and Disha Katharani, founders of Mumbai-based Imagimake, presented their business, Azhar pointed out a subtle difference between two competing offers, showcasing his prowess in valuation metrics. His explanation brought laughter and admiration from the other Sharks, making him the star of the episode.

Indian equity markets in 2025 especially in the second half as corporate earnings pick up and the euphoria of the Trump Presidency wanes in the US,” says Nishit Master, Portfolio Manager, Axis Securities PMS. In an interview with ETMarkets, Master said: “We expect India to be one of the fastest growing major economies for 2025 which will make it more attractive for FPIs as an investment destination especially since after the recent correction, market valuations have become more reasonable,” Edited excerpts:

TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S. or ban it, the company's leadership said in an internal memo reviewed by Reuters on Tuesday.

Biden on Tuesday signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.

Subscribe to enjoy similar stories. Gone are those simpler times when a finance minister of the country could tell Parliament, as Manmohan Singh had in 1992, that he does not lose sleep over stock markets. While those who invest in shares directly or via mutual funds are still relatively few—India has some 180 million demat accounts and a little over 40 million mutual fund folios, with a considerable overlap between the two—the number of Indians with indirect exposure to stock prices via retirement savings and insurance policies would be about 350 million.

Subscribe to enjoy similar stories. In business there is no surer sign of distress than when a firm delays its financial results. That also appears to be true of business schools.

Raja Krishnamoorthi, have introduced a resolution in the US House of Representatives to designate January as Tamil Language and Heritage Month. The resolution coincided with the beginning of Pongal, a major Tamil festival.

U.S. Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter's common stock in March 2022. In a complaint filed in Washington, D.C., federal court, the SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.

Gold prices were subdued on Wednesday as investors remained cautious ahead of the U.S. consumer price inflation data that could provide more clarity on the Federal Reserve's interest rate trajectory. FUNDAMENTALS

Berkshire Hathaway Chairman Warren Buffett urged readers to come «inhale the air, drink the water» and attend the company's annual shareholder meeting in Omaha, his hometown. The letter, a document pored over by shareholders, analysts and press every year for insights into the legendary investor's thinking, playfully sought to link the success of his conglomerate with the setting of the heartland city, in eastern Nebraska along the Iowa border.

The greenback was stabilising in the early Asian session after falling overnight and edging away from a more than two-year peak hit against a basket of currencies at the start of the week.

Melania Trump has confirmed about her intentions to primarily reside in the White House during her husband US President- elect Donald Trump's upcoming second term as the US President. According to Huffpost, in a pretty recent interview on ‘Fox & Friends’, she actually addressed several speculations about her living arrangements while stating that ‘I will be in the White House’ and also mentioning the fact that she would travel to New York and Palm Beach as needed.

AI coder as part of its AI programming tool named Tongyi Lingma which claims to build applications «in minutes’, reported South China Morning Post.

Channel 4 has confirmed the renewal of its comedy series Big Boys for a third and final season. The series, created by Jack Rooke, has garnered acclaim and significant viewership.

Warren Buffett has emerged as one of the biggest market gurus in recent while, and his predictions around Wall Street have been bang on in recent months, and that has helped him with his massive investments, especially in the Magnificent 7 stocks.