If you bought Cisco Systems on March 27, 2000, you’re finally whole. After nearly 26 years in the wilderness, shares of Cisco have climbed above their dotcom bubble intraday peak, closing a long chapter for what was once the era’s ultimate poster child for internet excess. The stock eclipsed the record close it reached last…
This year, investors decisively chose precious metals such as gold to hedge against the potential erosion of paper money value, sidelining bitcoin BTC$87,851.81. Gold has risen almost 70% since Jan. 1 and silver about 150%, far outpacing the largest cryptocurrency, which has fallen about 6%. Analysts attributed the rally to the so-called “debasement trade.” That’s…
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NEW DELHI: A potential vaccine against the deadly Nipah virus has shown encouraging safety and immune responses in an early human trial, according to a study published in The Lancet, offering fresh hope against a disease that has repeatedly caused fatal outbreaks in India and neighbouring countries.The World Health Organization has listed Nipah virus among…
Check out the companies making the biggest moves in premarket trading: Salesforce — The software company raised its fourth-quarter revenue guidance, sending shares nearly 2% higher. Salesforce now expects revenue between $41.45 billion and $41.55 billion. Its third-quarter results were mixed. Snowflake — The cloud-based data storage company tumbled 8.6% after its outlook for product…
Pudgy Penguins shipped its flagship game to the general public on Monday, and the most notable thing about it is that you wouldn’t know it had anything to do with crypto unless someone told you. Pudgy World, the browser-based game first announced at Art Basel in late 2023, went live with 12 unique towns across…
The Centre has completed the implementation of several major direct tax reforms announced in recent Union Budgets, with an aim to boost investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the ministry of finance shared details of the legislative changes through a post on X.A…
Check out the companies making the biggest moves in premarket trading: Warner Bros. Discovery , Netflix , Paramount Skydance — Warner Bros. Discovery’s board unanimously recommended that shareholders reject Paramount Skydance’s takeover bid and stick with Netflix’s proposal — which they called “superior.” Netflix shares ticked higher by 1.4% in the premarket. Warner shed 1.8%…
NEW DELHI: In a significant development in the blockbuster weight loss drug space, Delhi High Court has allowed Dr Reddy’s Labs to manufacture and export semaglutide, ruling that the patent held by Novo Nordisk is prima facie invalid, legal experts told TOI.The move is expected to boost confidence among domestic companies to pursue plans to…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,246.19 has gone the “Strategy (MSTR)-way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by market value fell nearly 10% in the seven days to…