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Key PointsThere have been two times since 2021 when the Nasdaq-100 moved higher as the number of stocks trading above their 200-day moving average fell.In both of those instances, the Nasdaq-100 subsequently fell by more than 20%.That same pattern is happening for the third time right now.These 10 stocks could mint the next wave of millionaires ›At some point in 2024, market sentiment began to shift. Even though the Nasdaq-100 was continuing to set new all-time highs, the number of stocks trading above their 200-day moving average declined pretty steadily from January all the way through December. The trend was…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxMcKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even that massive number might be an underestimate.In this video, we dive into why the “train cannot be stopped.” From Visa embracing stablecoins to transactions that are faster and cheaper than SWIFT, the infrastructure of money is changing fundamentally behind the scenes.Key Topics:Why the $2 Trillion forecast might be conservativeStablecoins vs. SWIFT: Speed and CostWhy Visa is entering the gameThe next 5-10 years of digital finance

US warned Ukraine not to hit US interests in strikes on Russia energy infrastructure, envoy says

The Nifty Realty Index is the worst performer so far this year after IT.

Workday’s margin outlook came up short of expectations as the company steps up AI investments.

Local authorities are experiencing some of the highest temporary accommodation bills on record. Councils in England spent £2.8bn last year on homeless accommodation – a 25% increase on the year before and a 100% increase since 2020.How did the bill get so high? The government’s redistribution of social housing stock from public to private hands is largely to blame. Instead of creating the “property-owning democracy” Margaret Thatcher envisioned, her right to buy created a nation of landlords, selling off 2m social homes – 41% of which are now rented out. This, alongside cuts to housing benefit so steep that the…

A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. Ramin Talaie | Corbis Historical | Getty ImagesThe global mergers and acquisitions boom that defined 2025 is carrying into 2026, as companies reassess their portfolios and artificial intelligence-led demand fuels large-scale transactions. However, a tightening capital pool is forcing executives to be more selective than ever.Despite a sluggish start as Trump’s sweeping tariffs early last year briefly scuttled acquisitions and new public listings, the total value of deal-making activity surged 40% to $4.9 trillion in 2025,…

Artificial intelligence firm Anthropic has accused three AI firms of illicitly using its large language model Claude to improve their own models in a technique known as a “distillation” attack. In a blog post on Sunday, Anthropic said that it had identified these “attacks” by DeepSeek, Moonshot, and MiniMax, which involve training a less capable model on the outputs of a stronger one.Anthropic accused the trio of generating “over 16 million exchanges” combined with the firm’s Claude AI across “approximately 24,000 fraudulent accounts.” “Distillation is a widely used and legitimate training method. For example, frontier AI labs routinely distill their own…

Cava issued an upbeat sales forecast for this year, as cautious customers shook off the effects of snowstorms and last year’s government shutdown to return to the Mediterranean fast-casual chain for bowls and salads.

Yen under pressure after Takaichi report; Aussie higher on inflation