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Will Bitcoin Beat Alphabet and Amazon in Market Cap by December 2024?
As of December 2024, here’s the current ranking of top global assets by market capitalization (data sourced from Companies Market Cap): Rank Asset Name Market Cap (Trillions USD) Current Price (USD) Country 1 Gold 18.0 2,684 Global 2 Apple 3.7 247 USA 3 NVIDIA 3.5 144 USA 4 Microsoft 3.3 449 USA 5 Amazon 2.4…
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Breaking News: Bitcoin Hits $100K: From Genesis Block to 5th December 2024
History is written on 5th December 2024. The Journey of Bitcoin to Six Figures: A Milestone in Cryptocurrency The cryptocurrency world has witnessed a historic moment: Bitcoin, the pioneering digital currency, has finally reached the astounding $100,000 mark. From its inception with the creation of the Genesis Block in January 2009 by the elusive Satoshi…
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The Next 10 Years: How These 5 Technologies (ABCDE) Will Create the Millionaires and Billionaires of Tomorrow
The world is evolving at an unprecedented pace, and the next decade promises to be a transformative one, driven by emerging technologies. Aspiring millionaires and billionaires have always been early adopters and innovators, and these five fields — AI, Biotech, Crypto/Cloud Computing, Drones, and Electric Vehicles (EVs) — are shaping the future of wealth creation.…
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Why is HDFC Bank Selling Car Loan Portfolios (12000 cr), and What Could It Mean?
HDFC Bank, India’s largest private sector lender, recently sold car loan portfolios worth over ₹12,700 crore through securitization. This move is part of a strategic effort to improve its financial position, primarily by addressing its high credit-deposit (CD) ratio, which stood at an elevated 86.3% as of September 2024. The bank aims to lower this…
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Interest Rate Cuts and IT Index Performance: A Deep Dive
Interest rate cuts often act as a catalyst for economic growth and stock market performance. IT stocks, in particular, are highly sensitive to interest rate changes. With a recent rate cut in the U.S. and speculations of an upcoming cut in India, investors are wondering if the IT index is poised for another surge. Let’s…
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Investing in Green Energy and Solar Industries Stocks in India
India’s transition to renewable energy has created a robust market for green energy and solar industry stocks. From micro-cap innovators to large-cap market leaders, these companies offer opportunities across various segments. Below, we’ve detailed the performance of several notable companies in the industry, categorized by market cap. Micro and Small-Cap Companies These companies are often…
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Investing in Silver: A Smart Alternative to Gold in 2024
Investing in precious metals has always been a popular strategy for diversifying portfolios and hedging against economic uncertainties. While gold has traditionally been the go-to choice, silver has gained remarkable traction this year. In 2024, silver’s growth has outpaced gold in many respects, making it an appealing investment option. This blog explores why silver is…