“When we opened our office back in 1990 and distributed pamphlets about our new cable business, people couldn’t believe that a mere antenna and VCR could bring movies to their televisions,” recalls Sunil Jolly, director of Den Enjoy Network, a Multi-System Operator (MSO) in Lucknow and one of the city’s earliest cable operators. The excitement
US stocks were wobbly at market open on Tuesday after delayed economic data showed the American economy grew far faster than previously estimated, prompting investors to reassess expectations for future interest-rate cuts. The Dow Jones Industrial Average slipped 53 points, or about 0.1%, while the S&P 500 and Nasdaq Composite hovered around the flatline, reflecting
The cryptocurrency market has had one of its most rollercoaster years since Satoshi Nakamoto launched Bitcoin 16 years ago. The market began the year with a bang, with Bitcoin and other major cryptocurrencies racing to new all-time highs. However, the market has been shaky, thanks to various macroeconomic factors such as interest rates, trade wars,
Digital asset exchange-traded products (ETPs) experienced significant net outflows last week, with the latest report showing over $952 million in weekly outflows across crypto ETPs. This follows a week marked by renewed price downturn, with Bitcoin falling to support below $85,000 and Ethereum under $2,700. While BTC and ETH products saw capital exits, Solana and
Chainlink price has remained steady around $12.50 as the broader crypto market experienced muted volatility. After a slight recovery from the $11.77 support level, LINK is showing resilience, trading at $12.65 with a modest 0.1% gain over the past 24 hours, though it is still down roughly 8.5% over the past week. The current price
Lucid Group stock price had a difficult performance this year as it continued falling due to major headwinds. It has dropped by 65% this year, with its market capitalization dropping from over $10.47 billion to the current $3.83 billion. So, is LCID a good company to buy today? Lucid Group is doing well despite major
Famed investor Jim Cramer has urged OpenAI to take an unprecedented step: raise $200 billion at a trillion-dollar valuation. OpenAI should “strike while the iron is hot,” he argued in a recent segment of Mad Money – after a week of swirling speculation about the ChatGPT company’s fundraising ambitions. Recent leaks signal OpenAI is interested
As global trade becomes increasingly fragmented, economic relations between China and the European Union are entering a more confrontational phase, marked by a growing reliance on tariffs, investigations and retaliatory measures. What began as targeted disputes in specific sectors has steadily widened, drawing in agriculture, manufacturing, technology and consumer goods. In the latest development in
Netflix’s acquisition of Warner Bros Discovery is poised to add more pressure to movie theatres, which are struggling to fill seats after the pandemic. The holiday release of Avatar: Fire and Ash, the third installment in one of Hollywood’s most successful franchises, was expected to be a boost for cinemas still recovering from the pandemic.
Nvidia is preparing to resume shipments of advanced artificial intelligence chips to China, signalling a potential reset in cross-border technology trade after a change in US policy, according to a Reuters exclusive. The company has reportedly told Chinese clients that it aims to start shipping its H200 AI chips before the Lunar New Year holiday