Category: Finance
A central bank of a country will hold Bitcoin in its reserves
According to a report by the Financial Times, the Czech National Bank is considering holding Bitcoin in its reserves. In an interview published by the Financial Times on Wednesday, Czech National Bank President Ales Michl stated that he plans to present a proposal for investing in Bitcoin to the bank’s board of directors. He also
Collaboration between X and Visa for X Money
Social media platform X has teamed up with Visa to launch its new service, “X Money.” Linda Yaccarino, the CEO of X, announced this partnership on her social media account. She stated that this collaboration is a significant milestone for X, which she calls an “everything app.” Yaccarino revealed that Visa will be the first
Market Update: Impact of DeepSeek on Technology Stocks and Economic Outlook
Yesterday, news about the Chinese AI assistant “DeepSeek” caused significant sell-offs in technology companies. In contrast, industrial firms showed a more resilient trend. Analysts predict that the market capitalization of tech companies could decline by as much as $1 trillion. Impact on Chip Manufacturers The pressure on dominant chip manufacturers, particularly Nvidia, was evident. Nvidia’s
DeepSeek Storm: Major Wealth Losses for Billionaires in the U.S. Stock Market
The Chinese AI startup DeepSeek has caused significant turmoil in the U.S. stock market, leading to substantial losses for many prominent billionaires. One of the hardest-hit companies was Nvidia. As Nvidia’s stock plummeted by 17%, the company’s market value saw a record decline of $589 billion. This resulted in a $20.1 billion drop in the
Nvidia’s DeepSeek Shock: Market Value Drops by $500 Billion
Chinese company DeepSeek has developed a new artificial intelligence model that uses fewer chips and takes less time to create than its international competitors. This development has triggered significant selling pressure in global technology stocks, causing Nvidia, a U.S.-based chip manufacturer, to lose over $500 billion in market value. According to a report in Dünya
Emerson will acquire the remaining shares of AspenTech
U.S. technology company Emerson has announced its plan to acquire the remaining shares of software firm Aspen Technology (AspenTech) for $7.2 billion. Emerson will buy the shares it does not already own at a price of $265 per share. The total value of the transaction is $7.2 billion. Emerson currently holds about 57% of AspenTech’s
MicroStrategy continues to purchase Bitcoin
MicroStrategy is increasing its Bitcoin holdings. Last week, the company bought an additional $1.1 billion worth of Bitcoin. To acquire more, it is considering selling part of its stock portfolio. Currently, MicroStrategy holds 471,107 BTC. On January 27, the company announced plans to offer 2.5 million units of perpetual preferred stock. This type of stock
Tesla sales trends: A potential concern for Elon Musk
Wall Street banks are expressing concern that Donald Trump’s efforts to dismantle the Biden administration’s climate policies supporting electric vehicles could lead to significantly slower growth in Tesla’s vehicle sales this year than anticipated by its co-founder, Elon Musk. Analysts predict that Tesla is set to sell 2.07 million vehicles this year, marking a 16%
Markets to watch FED and ECB interest rate decisions
During the World Economic Forum in Davos, U.S. President Donald Trump joined via video conference. He delivered important messages aimed at reducing geopolitical risks. His calls to lower oil prices and interest rates helped decrease risk perception among investors. As expectations grow for the Federal Reserve (Fed) to cut interest rates in the first half
X Debt: Morgan Stanley and Banks Prepare to Sell
Morgan Stanley, along with several leading banks, is preparing to sell $3 billion in debt related to Elon Musk’s acquisition of the social media platform X, formerly known as Twitter. This strategic move aims to manage financial portfolios and optimize capital structures. Moreover, it reflects the banks’ proactive approach in navigating the complexities of the