Jefferies’ global equity strategist, Chris Wood, has expressed serious concerns about Bitcoin’s future, citing the potential threat posed by quantum computing. He has shifted his portfolio away from Bitcoin towards gold and gold-mining stocks, fearing that advanced quantum computers could compromise Bitcoin’s security. The digital asset community is actively discussing solutions to safeguard against this emerging risk.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of