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Posted on February 28, 2025, by Niftynews The Japan Nikkei index of Japan stock market took a significant hit, dropping to a five-month low on February 28, 2025, as chip stocks followed the sharp decline of Nvidia, which fell 8.5% following its disappointing quarterly report. The Nikkei closed down 2.7% at 37,237.49, while the broader Topix…
Posted on February 25, 2025, by Niftynews Key Points: DAX Opens Lower as US Protectionism Spooks Investors In the latest DAX Index news, the DAX Index opened lower on Tuesday, February 25, falling 0.30% to 22,359.Concerns about potential new US tariffs on German goods and the influence on the Fed rate path weighed heavily on investor…
Posted on February 25, 2025, by Niftynews Analyzing the Pros and Cons of Microsoft Stock at Its Current Valuation Microsoft (NASDAQ: MSFT) has seen some movement recently, and with its current Microsoft stock price hovering around $400, many investors are questioning whether the Microsoft stock is too expensive to buy. Recently, the company’s decision to cancel…
Posted on February 22, 2025, by Niftynews The US stock market experienced a sharp downturn, with the S&P 500 and Dow Jones Industrial Average both falling by 1.7%—their largest one-day decline since December 18, 2023. Meanwhile, the Nasdaq Composite dropped by 2.2%. The decline was primarily driven by weaker-than-expected economic reports and growing concerns about President…
Posted on February 20, 2025, by Niftynews The People Bank of China (PBOC) decided to keep its key lending rates unchanged, signaling a shift towards prioritizing financial stability over aggressive rate cuts to boost the country’s economy. The 1-year loan prime rate (LPR) remains at 3.1%, and the 5-year LPR is steady at 3.6%. These rates…
Posted on February 20, 2025, by Niftynews As Pi Coin price continues to rise ahead of its Open Network launch on February 20, 2025, excitement around Pi Network grows. With Pi Coin price showing strong upward movement, the transition marks a pivotal moment for the cryptocurrency’s future, as it opens doors for external connectivity and potential…
Posted on February 19, 2025, by Niftynews Introduction: The Mystery Behind Satoshi Nakamoto For years, the identity of Satoshi Nakamoto, the creator of Bitcoin, has been one of the tech world’s greatest mysteries. While numerous individuals have been speculated to be behind the pseudonym, a new theory suggests that former Twitter CEO Jack Dorsey might be…
Posted on February 18, 2025, by Niftynews On February 17, 2025, Elon Musk xAI introduced Grok 3, which he claims is the “smartest AI on Earth.” At the highly anticipated launch event, Musk revealed not only the revolutionary capabilities of Grok but also the story behind its name. Powered by the Colossus supercomputer, Grok 3 promises…
Posted on February 14, 2025, by Niftynews Hong Kong: The Hang Seng Index experienced a strong surge today, climbing 666.08 points, or 3.05%, to reach 22,480.45 by 3:12 PM. The remarkable rally is being attributed to a broad-based market boost, with significant contributions from China’s largest technology companies, following reports of a high-profile meeting between Chinese…
Posted on February 3, 2025 by Niftynews Jensen Huang, the CEO of Nvidia, has raised eyebrows in the investment community by regularly offloading millions of dollars in Nvidia shares. Huang, known for his leadership in the tech industry, is reportedly selling about USD 14 million in stock almost every day. This move comes despite Nvidia’s…