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In a groundbreaking development for the world of finance and investment, the Cogwise AI team has unveiled a cutting-edge feature that is poised to change the way traders make decisions. The innovative “AI News Aggregator” integrates advanced artificial intelligence and machine learning algorithms to provide real-time analysis of news and global trends, as well as predictions regarding the future movements of specific stocks and cryptocurrencies tied to the news.

Jung Kook from BTS has dropped a eye-catching performance video featuring a collaboration with Usher for their remix of the song «Standing Next to You.» In this stylized clip, the duo presents impressive choreography, joined by a group of dancers. The anticipation was teased earlier on TikTok, where they rendezvous in a warehouse, breaking into synchronized moves when Usher's 2004 hit «Yeah!» kicks in. Jung Kook hinted at more content with the hashtag #StayTuned in the post.

Nicki Minaj has rejected Kanye West's attempt to feature their «New Body» collaboration on his upcoming Vultures album with Ty Dolla $ign. The track was originally recorded in 2018 for Kanye's unreleased Yandhi album. Yesterday, Kanye West, also known as Ye, posted on X (formerly Twitter), sharing a screenshot of a text message he sent to Nicki Minaj. In the message, he politely asked for her permission to include the track «New Body» on his upcoming album, tagging the Pink Friday 2 rapper in his post.

Kanye West, Ojvolta, and Earl on the Beat collaborated to produce Playboi Carti's latest track, «2024.» Released on Thursday (Dec. 14), the song features Carti presenting his versatile delivery with bars in both his signature baby voice and a lower, gravelly tone. The artist had teased the single on Instagram earlier in the day, promising his dedicated fan base new music by 9:30 p.m. in night.

performance at the Fontainebleau in Las Vegas, Justin Timberlake offered a prelude before singing "Cry Me a River," a song widely speculated to be about his ex-girlfriend Britney Spears. In a fan-captured TikTok video, Timberlake made it clear he intended no disrespect with the song choice. The track, released in the same year Timberlake and Spears ended their relationship, raised eyebrows due to its music video featuring a woman who bore a striking resemblance to the «Toxic» singer. In the song, Timberlake sings, «You don’t have to say, what you did / I already know, I found out from him.»

Investing.com — The U.S. dollar edged higher in early European trade Friday, but remained on course for its steepest weekly decline since July after the Federal Reserve signaled rate cuts next year while central banks in Europe stuck to their hawkish paths.

Investing.com — European stock markets edged higher Friday, continuing the post-Fed rally even after the more cautious stances from the European Central Bank and the Bank of England. 

By Amanda Cooper

US Federal Reserve. Among other major currencies, the euro and pound rose on Friday as the central banks in Europe stuck to their hawkish paths. The US dollar index, which measures the greenback's strength against a basket of six currencies, eased by 0.02% to 101.94, not far from the four-month low of 101.76 it touched on Thursday.

cricket formats, the publication added. Several critical decisions are under consideration, as per Moneycontrol. The format debate oscillates between T10 and T20, leaning towards T10 for its brevity and excitement.

Railways Minister Ashwini Vaishnaw told ET. The objective is to replace aging rolling stock, necessitating 7,000-8,000 new train sets. Tenders for this procurement, amounting to around ₹1 lakh crore, will be issued over the next 4-5 years and fulfilled over 15 years, the minister said. The Railways Minister also said that 70% of the Rs 2.4 lakh crore capital budget for FY24 has already been utilized, with track laying progressing according to the plan. The minister also said that significant progress has been made in the Eastern and Western Dedicated Freight Corridors, which will free up tracks for increased passenger and freight movement. Almost 80% of the Western Dedicated Freight Corridor has completed while the completion of the entire 1337 kilometre (km) Eastern Dedicated Freight Corridor is catalysing the development of new industrial hubs and Gati Shakti Cargo Terminals, the minister said. During the current fiscal, Railways expects to add 5500 to 6000 kms of new tracks, which is 16 kilometres (km) per day. In 2022-23, it had added 5243 kilometres of tracks to it network. He also said that the national transporter needs to invest of close to Rs 12 lakh crore to cater to the current level of economic growth by 2030.

Investing.com-- Most Asian currencies steadied after a recent rally on Friday, while the dollar languished at four-month lows as traders positioned for deeper-than-expected interest rate cuts by the Federal Reserve in 2024.

Maneesh Dangi, Founder, Macro Mosaic Investing & Research, says “we are entering a very longish bond rally and much of the pain of 2022 would unwind in 2024… On currency also, we are perhaps entering a very longish dollar bear market. And there is a small chance that the dollar actually does somewhat well in the US recession, but otherwise in a very-very long US bear market and that will actually help us emerging market currencies pretty significantly.” What a change in stance by the Fed! Were you expecting it? Yes, incidentally, I sort of made this prediction on your channel a week ago. I have made this point a couple of times in the last two months that we are closer to the Fed pivot, closer to a deep dive in US interest rates. People often think that more of today will continue tomorrow but at times, of course, these things change and typically rate these oscillating variables. I was expecting this, I have written about it extensively and I think rates in the US are headed much lower from where they are today. They have already rallied quite substantially but a significantly rally ahead. A US economy cannot absorb such high interest rates and the Fed had to recognise and they did once they have begun to side that inflation is sort of in control right now.

Federal Reserve's policy meeting earlier this week. Gains were seen across all the sectors. The BSE Sensex was trading 287 points or 0.41% higher at 70,801.

Anil Kothuri, MD & CEO, Fedbank Financial Services, says: “We intend opening 50 branches this year and most of which are done. And all the branches we open this year are focused on selling small mortgages. So, that branch count is slated to go from 130 to 180 okay. Now, every year we will continue to open branches and expand. Our norm is to open something like 50-60 branches every year. So, our branch count will increase by roughly 8% from here on every year for the foreseeable future. That will help us expand our presence in places where we are not there. We will enrich our presence in northern India and then foray eastwards.” You have reached an AUM of around Rs 10,000 crore and the growth was also strong at 38% on a year-on-year basis. But going forward, do you think the base effect will come into picture or do you expect this pace of 35-40% AUM growth to continue in the coming years? What we are guiding is that our AUM will grow by at least 25% year-on-year from here on.

Pramod Gubbi, Founder, Marcellus Investment Managers, says “I expect significant flows to come into India largely through India-dedicated funds. Maybe on the other side of elections perhaps because that is the only bit of uncertainty, maybe the last week's state elections has ironed out that uncertainty a little bit. Allocators would like to see some political stability. So, maybe the big ramp up might come on the other side of the election, but we have already seen the beginnings of those starting with last week's flows. ” We are trying to map the factors which are at play; the sudden change of stance from the Fed last evening has triggered a big global risk-on moment. India is also participating. Is it really something which the market is surprised about or was it largely in the direction the market was expecting? Three rate cut possibilities are now on the table starting mid-next year. I reckon it is not a total surprise. Pretty much at the beginning of April of this year, the best indication has been either the dollar index or FII flows into India as well. We have bottomed out in terms of FII outflows sometime in March 2023. And I think it was the 25th March 2023 Fed meeting which triggered that. In sum, the market started factoring in that we are close to the peak of the interest rate cycle, if not foreseeing some cuts. That has been at play for quite some time.

By Laura Sanicola and Andrew Hayley

By Josh Ye

Investing.com-- Most Asian stocks rose sharply on Friday, extending recent gains following dovish signals from the Federal Reserve, while some positive economic readings from China also aided sentiment.

BENGALURU (Reuters) — India's benchmark Nifty 50 is set to open at a new all-time high on Friday, tracking the global stocks rally on elevated bets of a U.S. rate cut by March 2024 after the Federal Reserve's policy meeting earlier this week.

policy environment in 2024 have boosted most Asian currencies versus the dollar, but the rupee's gains have paled in comparison as the Indian central bank looks to build a reserves buffer and preserve export competitiveness amid a global scarcity of the greenback. On Thursday, the rupee closed at 83.3275 per US dollar, just 0.09% stronger than 83.4025/$1 at previous close. Meanwhile, currencies such as the Thai baht and the South Korean won notched up gains of around 2% versus the US dollar on Thursday while the Indonesian rupiah strengthened 1%, Bloomberg data showed. The Malaysian ringgit, the Taiwanese dollar, the Chinese yuan, the Philippine peso, and the Singapore dollar also outstripped the rupee's gains on Thursday, with the domestic currency extending the underperformance it showed versus its Asian peers last month.