Fri, Apr 26, 2024 4:08 PM
Investor Sentiment Improves Slightly, But Dow Tumbles Over 350 Points
A Flip by Riya Sharma
The Reserve Bank of India (RBI) Governor Shaktikanta Das on May 6 said the central bank may try usage of Central Bank Digital Currency (CBDC) in commercial papers and certificates of deposits going forward on a pilot basis."Going forward, other instruments like commercial papers and certificates of deposits will be tried out in the pilots along with securities tokenisation features."
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Back from the dead, Coinbase Global (NASDAQ: COIN) finds itself up more than 500% since the beginning of 2023. Yet as impressive as Coinbase's resurgence has been, there is plenty of reason to believe it has more room to run.With a little bit of digging, it will become clear that the reclamation of its previous all-time high of $343 is well within the realm of possibilities.
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The irony of an AI iPhone is that it could also help one company that Apple is least interested in helping. Investors are increasingly enthusiastic about such a device following Apple’s latest earnings. Those results showed a pronounced weakness in iPhone revenue during the March quarter, but that was already expected, and the company cushioned the news with a generous stock buyback.
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