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Wall Street’s record-breaking rally slowed on Tuesday as shares of Alphabet fell sharply after the Google parent announced plans to raise fresh capital to fund its growing investments in artificial intelligence.The S&P 500 slipped 0.1 per cent after hitting another all-time high a day earlier. The Dow Jones Industrial Average rose 65 points, or 0.1…
Franklin Templeton is expanding its digital asset strategy through a new partnership with MoonPay that will allow institutional investors to move between stablecoins and the asset manager’s tokenized money market fund through an onchain workflow. The integration connects Franklin Templeton’s Benji Technology Platform with MoonPay Trade’s infrastructure, creating a pathway for eligible institutions to exchange…
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NEW DELHI: The ministry of external affairs (MEA) on Tuesday firmly rejected any role for third parties in resolving the India–Nepal boundary dispute, days after Prime Minister Balendra Shah sought the involvement of China and the UK to address the long-standing dispute.“We have established bilateral mechanisms to deal with all aspects of boundary matters. It…
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The US-India Business Council (USIBC) on Tuesday said dialogue on India-US agricultural cooperation held in Washington, describing it as an important initiative to strengthen collaboration between the two countries in the farm sector.The discussions took place during a meeting hosted by USIBC with a PHDCCI delegation led by IFFCO Chairman Dileep Sanghani.Following the engagement, USIBC…
Check out the companies making headlines before the bell: Marvell Technology — Shares surged 25% after Nvidia CEO Jensen Huang said Marvell could be the next trillion dollar company . Hewlett Packard Enterprise — The information technology stock surged 25% after Hewlett Packard posted current-quarter earnings and revenue guidance that topped analysts’ estimates. The company…
