Fri, Dec 15, 2023 5:20 PM
Bitcoin's Lazarus effect: Rising from the dead, again and again
A Flip by Avya Verma
Advanced Micro Devices forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7% in extended trade. Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year. The increase of a half billion dollars was not enoug...
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Bombay Stock Exchange (BSE) announced on Tuesday its decision to increase transaction charges for its primary options contracts tied to the Sensex and Bankex indexes, effective May 13. The charges will be raised by 24% to 32% across various turnover brackets, in response to a request from India's markets regulator for a revised fee structure for options contracts.
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Millions of investors across the globe will have their eyes glued to their screens tonight when the Federal Open Market Committee meeting gets underway. At stake is the answer to the trillion-dollar question of whether the Federal Reserve — in its wisdom —will decide to keep the interest rates higher for longer, or will it, as a few economists are hinting, make a hawkish pivot.
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