Bitcoin surges to $98,000, Solana and Ethereum rise while XRP slides

The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the previous day. Meanwhile, total market volume surged by 8% to $90.13 billion, highlighting heightened trading… Continue reading Bitcoin surges to $98,000, Solana and Ethereum rise while XRP slides

Meta executives eligible for 200% salary bonus under new pay structure

Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percentage for its executive compensation plan. Under the new structure, top executives can earn up to 200%… Continue reading Meta executives eligible for 200% salary bonus under new pay structure

Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound

Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce segments, signaling a broader recovery in China’s digital economy. The stock was last trading 9.18% higher, reflecting investor confidence in… Continue reading Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound

Chinese stocks surge on AI optimism, nearing three-year highs

Hong Kong-listed Chinese stocks extended their recent rally on Friday, fueled by growing optimism surrounding the nation’s advancements in artificial intelligence and renewed confidence in the market’s overall prospects. The Hang Seng China Enterprises Index jumped as much as 3.1% on Friday, inching closer to surpassing an October peak following a recent stimulus push. Breaching… Continue reading Chinese stocks surge on AI optimism, nearing three-year highs

Elon Musk presents Indian PM Modi with a Starship heatshield tile from space

India’s growing role in the global space economy took centre stage as Prime Minister Narendra Modi met with Tesla and SpaceX CEO Elon Musk in Washington. While much of the media attention focused on a symbolic exchange—a heatshield tile from SpaceX’s Starship spacecraft—the meeting underscored deeper strategic interests. The discussions revolved around artificial intelligence, sustainable… Continue reading Elon Musk presents Indian PM Modi with a Starship heatshield tile from space

AI agent tokens outlook: struggle continues as CZ shifts narrative to animal-inspired memes

Digital coins display resilience after the latest United States inflation report, which triggered fear in the financial sector. However, the case differed for AI agent coins, which have suffered significant bearishness in the past month. Crypto AI agent’s market cap has plunged from $20 billion to $7 billion at press time, signaling a massive retreat… Continue reading AI agent tokens outlook: struggle continues as CZ shifts narrative to animal-inspired memes

India’s market cap falls below $4 trillion: what’s behind the slump?

India’s stock market has suffered its steepest decline in over a year, with total market capitalisation slipping below $4 trillion for the first time since December 2023. A combination of a weakening rupee, foreign capital flight, and stretched valuations has triggered a selloff that wiped out over $1 trillion in equity value. The country’s benchmark… Continue reading India’s market cap falls below $4 trillion: what’s behind the slump?

Cathie Wood’s Ark Invest sold Roku, Robinhood on Thursday: here’s what it bought

On Thursday, Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter. Robinhood Markets saw its stock surge nearly 14% in early trading on Thursday, reaching its highest levels since 2021 and adding approximately $6 billion to its market… Continue reading Cathie Wood’s Ark Invest sold Roku, Robinhood on Thursday: here’s what it bought

Asian markets mixed on Friday: Hang Seng outperforms with over 2% surge

Asian stock markets are trading mixed on Friday, balancing positive cues from Wall Street overnight with concerns about a potential global trade war and its impact on inflation. US President Donald Trump’s decision to delay implementing a reciprocal tariff plan provided some reassurance to investors. Japanese market snaps winning streak In Japan, the market reversed… Continue reading Asian markets mixed on Friday: Hang Seng outperforms with over 2% surge