The highly anticipated 4th Bitcoin halving event is taking place tomorrow, with the mining reward being halved from 6.25 to 3.15 per block.
There are some mixed expert opinions about what will take place after the halving regarding Bitcoin's price.
Bitcoin has recently peaked, which may have an influence, with Matthew Harcourt, analyst at Apollo Capital, saying that
“In the lead-up to the previous halving, the bitcoin price was around 30 per cent to...

Universal Stainless and Alloy Products (USAP) is a US specialty alloy manufacturer. In Sept last year, my analysis showed that there was no margin of safety. As such I opined that it was not an investment opportunity.
However since then the market price had gone up by 80%. Do I regret not buying it?
I just updated my analysis of USAP and reached the same conclusion ie that it is still overpriced. My conclusion was based on US...

In Friday's trading, the three major US stock indexes all closed down more than 1%. Among them, the Dow recorded its biggest weekly decline since the Bank of Silicon Valley went out of business, while the S&P 500 experienced its worst week in nearly five months. Among technology stocks, Apple rose against the market, with weekly gains of more than 4%, while the chip stock index plummeted by more than 3%, and Intel and AMD declined by more than 5% and 4%, respectively. Furthermore, J.P. Morgan Chase plummeted 6.5% after the earnings report was released, the biggest one-day decline in nearly four years.
Although the Pan-European stock index rebounded on Friday, it still closed down for two consecutive weeks, while the oil and gas sector bucked the trend and rose 2.5% to a new high since 2008. In the bond market, due to the escalation of geopolitical risks in the Middle East, the yield on US 10-year Treasury bonds fell 10 basis points from a nearly five-month high. Meanwhile, the dollar index hit a new five-month high, while the yen hit a new low since 1990 for three consecutive days.
The crude oil market rebounded against the backdrop of a tense situation in the Middle East, although it continued to decline throughout the week. U.S. crude oil prices once surged more than 3% in the intraday period, hitting a new high in nearly half a year, but then fell back. Gold fell sharply after successive intraday record highs. At one point, it fell 4% from its high level. In the cryptocurrency market, Bitcoin also experienced a wave of sharp fluctuations. At one point, it plummeted by more than $6,000 and fell below the $66,000 mark.
The Chinese market was also under pressure during the US stock period. The China Securities Index plummeted 4.6%. Among them, Xiaopeng Motor and NIO Auto plummeted by nearly 10% and 8%, respectively. The offshore renminbi also fell sharply in the intraday period, approaching 7...

Some times companies look for new ventures because the existing ones are not able to scale up. But new venture use up funds.
Take the case of Protasco.  The company has reported 11 business segments even though the revenue for 2023 was only about 1 RM billion.
You may be forgiven for wondering whether management is just trying many things to see what works. When you look at the chart, you can see that only one segment is driving revenue an...