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A crypto market rally is happening today, September 19, with Bitcoin and top altcoins like Ethena (ENA), Injective (INJ), and VeChain (VET) rising by double digits. The market capitalization of all coins jumped by 4% in the last 24 hours to $2.78 trillion. This article explores some of the top reasons behind the cryptocurrency market […]
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Warren Buffett has become Chairman Emeritus of Berkshire Hathaway and handed the chairmanship to his son Howard Buffett, completing the final major piece of a succession plan that has been years in the making. Berkshire announced the change on September 18, saying it was effective immediately. Buffett, who recently turned 96, remains a member of […]
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A SanDisk (SNDK) stock price prediction that opens with “the shares are up nineteen-fold, so they must be expensive” has already mispriced the question. At Friday’s close of $1,791.82 the stock changed hands at roughly ten times the annualised earnings SanDisk itself guided to for the September quarter. Boom multiples do not look like that. […]
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India’s decision to introduce a merchant discount rate on selected UPI payments has reopened a debate over who should pay for the country’s digital payment infrastructure. From October 15, person-to-merchant transactions above ₹2,000 will attract an MDR of 0.4%, capped at ₹300, while person-to-person transfers, smaller payments and small merchants remain protected. The government says […]
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