Author: Pritam Barman
Pritam Barman is the Founder, Editor and Chief Market Analyst at DailyKnown.com. An economist by training (M.A. in Economics, University of Arizona) with a specialized Capital Markets certification, he turns complex business and finance developments into clear, practical insights. With 7+ years of experience across market research, asset management and strategic forecasting, his coverage prioritizes accuracy, context and transparency. He writes on markets, companies, fintech, small business, and personal finance, with a focus on cryptocurrency regulation, macroeconomic policy, U.S. market trends and fintech innovation. A Certified Financial Journalist, Pritam is committed to timely, high-quality analysis and rigorous standards on sourcing and disclosures. Contact: pritambarman417@gmail.com | Tips & pitches: support@dailyknown.com.
Amazon OpenAI Nvidia deal marks a pivotal turn in the cloud AI race, with Amazon Web Services agreeing to supply OpenAI with massive Nvidia GPU capacity under a $38 billion, seven-year agreement announced Monday. The multi-year pact sends a clear signal about the scale of demand for AI compute and the increasingly competitive fight among cloud providers to power the world’s most popular AI applications. In early trading on Monday, Amazon shares rose about 6% while Nvidia gained as much as 3%, reflecting investor optimism that more infrastructure spending is on the way. Inside the Amazon OpenAI Nvidia deal Under…
Nvidia stock is drawing fresh bullish calls after the chipmaker became the first company in history to surpass a $5 trillion market capitalization. Loop Capital Markets raised its price target to a Street-high $350 from $250, flagging more than 70% upside from Nvidia’s last close of $202.49 and implying a potential valuation above $8.5 trillion if the forecast is met. Shares rose about 2% in premarket trading. Year to date, the stock has climbed more than 50%, outpacing the 45% gain in the Philadelphia Stock Exchange Semiconductor Index as investors continue to price in stronger demand for artificial intelligence infrastructure…
Nigel Farage economic plan aims to halt what he describes as an exodus of wealthy residents from Britain, as the Reform UK leader laid out a pro-enterprise pitch in London’s financial center on Monday. He argued that keeping high earners and investors in the country is essential to fund public services, rebuild growth, and reduce the tax burden on working households. Speaking to an audience in the heart of the City, Farage said both Labour and previous Conservative governments have pushed policy in the wrong direction by increasing levies on wealth and investment. He cast his agenda as a reset…
German energy subsidies are on track to launch Jan. 1, 2026, giving relief to energy‑intensive manufacturers facing high electricity costs. Economy Minister Katherina Reiche said negotiations with the European Commission over the “industry power price” are in the final stretch, with a plan that could run through 2029 and total as much as €5 billion. The proposal aims to stabilize energy bills for key sectors like steel, chemicals, paper, and autos after two years of elevated costs. German energy subsidies would form part of a broader strategy to reinforce the country’s industrial base and keep production at home as global…
Animoca Brands Nasdaq listing is moving forward through a planned reverse merger with Currenc Group Inc., positioning the Hong Kong-based crypto investor for a U.S. public debut as early as 2026, according to the companies. Under the proposed deal, Animoca shareholders would hold roughly 95% of the combined entity after closing, Executive Chairman Yat Siu said. That group includes backers such as Kingsway Capital, 50T Funds, and SoftBank, underscoring continued institutional interest in the firm’s blockchain portfolio. A letter of intent has been signed, and both sides have entered a three-month exclusivity period to negotiate definitive terms. The structure is…
Chinese gold tax change is reshaping the country’s bullion trade, with new VAT rules that squeeze jewelry retailers and smaller fabricators while strengthening exchange-based trading. The shift, which took effect Saturday, removes a long-standing advantage for non-investment gold sales and is already feeding through to prices, margins, and stock performance. Chinese jewelers slumped on Monday as investors weighed the profit hit. Chow Tai Fook dropped as much as 12% in Hong Kong, while Chow Sang Sang and Laopu Gold fell at least 8%. Analysts say more price adjustments are likely as companies rework sourcing and pass higher costs to consumers.…
KOSPI rally momentum carried into November as South Korea’s benchmark jumped to fresh records, fueled by Nvidia’s new partnerships with leading Korean firms and a calmer trade backdrop with the United States. The benchmark Kospi Index, which surged 20% in October—its strongest monthly rise since 2001—climbed as much as 2.7% on Monday to a new high. The index is up 76% year-to-date, outpacing every other major stock benchmark worldwide and punctuating how quickly Korea has moved to the center of the global artificial intelligence supply chain. Investors credited technology bellwethers for the latest leg higher. Shares of Samsung Electronics and…
How to build credit score at 18 isn’t just about a future car or mortgage. It’s about being able to rent an apartment, get a cell phone plan, set up utilities, and even pass some job screenings without paying big deposits or needing a co-signer. If you’re starting from zero, this guide shows exactly how to build credit score at 18, avoid costly traps, and use your new score to qualify for loans as early as your first year. You’ll learn how the score is built, the laws that affect your first application, the best first-account paths, the five habits…
The best way to invest money in 2026 starts with accepting a new market reality: resilience is real, yet uncertainty is persistent.That mix demands smarter diversification, better risk control, and a plan you can actually stick with. If you’re wondering how to translate today’s macro shifts into a durable portfolio, you’re not alone.Global growth is slowing, inflation is sticky in the US, and stock-bond correlations can flip when geopolitics strike.The best way to invest money now is to build around these facts—not fight them. The 2026 Landscape: Tenuous Resilience, Divergent Paths The 2026 outlook is defined by “tenuous resilience” and…
Clean energy stocks are in the midst of a dramatic rebound, vaulting past broader equity benchmarks and reviving a sector that has lagged for years. The surge comes at an unexpected moment: even as President Donald Trump rolls back US programs that supported wind, solar and EVs, investors are piling back into the green economy on the promise of near-insatiable power needs from artificial intelligence and accelerating global investment in low‑carbon infrastructure. Analysts at Jefferies call this a “glory days” window for the theme. The S&P’s flagship clean energy index is up about 50% year to date, far outpacing the…