investors

4 signs indicate Silicon Valley's tech bubble bursting

Market analysts forecast a possible technology bubble burst in Silicon Valley as they see four clear indicators that confirm the crash. The four indicators are -- IPO market saturating, funds and institutional investors moving out of the segment, money losing startups are overvalued and private companies are aggressively sweetening the pot to attract fresh capital.

Volkswagen new CEO to steer German auto maker on the right track

Reacting first time on the emission results rigging scandal after assuming the new position, Matthias Müller, the new CEO of trouble-hit Volkswagen, has assured investors and customers that such misconduct will never happen again.

Investors withdraw from US Oil Fund amid rising volatility

The high volatility in the global oil market has led to huge offloading in 'The US Oil Fund.' 19.3 mn shares were sold off making it a record weekly redemption since the ETF inception in 2006. global economy slowdown particularly adverse conditions in China market are adding to the volatility in oil price.

Glencore scraps dividend, to sell equity, assets to bring down debt to $10bn

Switzerland-based commodities giant Glencore has taken up several measures to reduct its debt burden to $10bn level. The company has decided to scrap final and interim dividends in addition to selling a part of equity and other assets to raise funds.

1 2

Latest Stories

XRP Rising in Japan: Could it Challenge the Dollar's Dominance?

The claim made by cryptocurrency pundit Jack Straw that XRP would eventually replace the US dollar in Japan has sparked discussion.

Protect Your Wallet: FBI Warns of Rising Elder Fraud Targeting Seniors

According to a recently released FBI report, Americans over 60 were the victims of so-called elder fraud crimes more often last year than any other year, accounting for an estimated $3.4 billion in total reported losses.

Is China's Central Bank Gold-Buying Spree A Precursor for War? Part I of II

Since 2009, China has more than doubled its gold reserves. In wartime, particularly in wars perpetrated in violation of international law, the resulting international sanctions can force an invader state to rely on its gold reserves. Thus if a country is preparing to go to war and incur sanctions, it will ensure it has an ample reserve of gold.

Milei's Radical Approach to Overhauling Argentina's Fiscal Deficit

Javier Milei, the libertarian president of Argentina, is intensifying his efforts to reduce the nation's large budget deficit by focusing more on "chainsaw" expenditure cutbacks and "blender" austerity measures that reduce buying power and, he believes, curb out-of-control inflation.

Ethereum Fights Back Against SEC Security Label

According to a court document filed on Monday, for over a year, the US Securities and Exchange Commission (SEC) has been looking into whether or not Ethereum could be considered a security.

Must Read

Ex-Binance CEO Jailed, Industry Faces Regulatory Heat

Former Binance CEO Changpeng Zhao, commonly known as CZ, expressed appreciation for the support from the crypto community following his sentencing to four months in U.S. prison for money laundering charges.

JPMorgan Predicts No Rate Cuts, Potentially Boosting Returns

JPMorgan Chase & Co. President Daniel Pinto suggested that the Federal Reserve might not cut interest rates at all this year due to persistently high inflation.

Should You Sell Your Bitcoin? Schiff Sounds Alarm on Crypto Winter

Through a series of tweets on the social media site X on Wednesday, economist and gold bug Peter Schiff shared his thoughts on bitcoin and the state of the US economy.

Bitcoin Investor Microstrategy Ups the Ante: Should You Invest in Crypto?

After the most recent acquisition, Microstrategy, "the world's first bitcoin development company" and a software intelligence company listed on the Nasdaq, said that it currently possesses 214,400 bitcoins.

Quantum Conundrum: Can Blockchains Find a User-Friendly Security Upgrade?

Johann Polecsak, co-founder of the QAN blockchain platform, contends that public blockchains like Bitcoin, Ethereum, and Solana are still unprepared to adopt post-quantum cryptography without having a major impact on users, even as the possibility of quantum computers breaking current cybersecurity standards grows.

Stay Connected with Money Times

` `