Hala,
🎬 The British BAFTA Awards (the UK’s answer to the Oscars) crowned Conclave as Best Film, while The Brutalist and Anora also cleaned up!(1) 🏆🍿🔥 With wins spread across multiple films, it was anyone’s night to shine. 🎥🥂 #BAFTA2025
amana’s Take
- Cardano extends its rally with bullish momentum, rising 4.7% on Monday to around $0.80 after gaining over 13% last week, according to Coinglass and Bloomberg. The price successfully broke past the $0.74 resistance level, reinforcing a strong uptrend.
- Market confidence is growing, as reflected in the long-to-short ratio climbing to 1.09, the highest in over a month. This indicates increased bullish sentiment among traders and investors.
- A major partnership with Globant has further fueled optimism, with the company set to use Cardano’s blockchain for decentralized applications and AI projects. This collaboration highlights expanding real-world use cases for ADA.
- Technical indicators support the bullish outlook, with Cardano maintaining support at the 50-week moving average.
- Broader market impact is expected, as Cardano’s rally could drive increased liquidity into the crypto space, adding momentum to the altcoin sector.
Stock Market Update
📈📉 Wall Street played seesaw on Friday as investors juggled trade and inflation woes. The S&P 500 eased 0.01% to 6,114.63, the Nasdaq 100 rose 0.38% to 22,114.69, while the Dow lost 0.37% to 44,546.08. But Dell found some spark, jumping 3% on AI server deal whispers with Elon Musk.(2) Guess some stocks found their Valentine! 😅📊
🚘⏸️ Meanwhile, Gulf markets hit the brakes, eyeing U.S. tariffs like a speed bump. Saudi and Qatar both shed 0.1% to 12,372 and 10,605, respectively.(3) 🛑📉
🎨👓 Apple’s Vision Pro Gets a Fresh Coat of Paint!
Apple is giving its Vision Pro a fresh coat of paint — think of it as slapping some AI-driven gloss on an already shiny, futuristic helmet. With the latest update for visionOS 2.4, the tech titan is hoping to breathe new life into its $3,500 mixed-reality marvel.(4) So, will the Vision Pro finally become a must-have in the world of gadgets? Maybe! But Apple’s hoping this upgrade will be the one to turn some heads (and boost sales, too). 💡💸
👀🔧 Here’s What’s Coming to Vision Pro:
- Apple Intelligence is expanding from your iPhone, iPad, and Mac to the Vision Pro, bringing in features like Writing Tools, Genmojis, and the Image Playground app.
- A brand-new guest mode that makes it easy for your friends and family to try out the Vision Pro without any hassle. 🥳
- A spatial content app designed to bring 3D images and panoramic media to life right before your eyes. 🌍
- An immersive Arctic surfing video, coming to your Vision Pro TV app on February 21st! 🏄♂️❄️
📱🎮 Vision Pro’s AI Renaissance: A Bold Leap Forward?
Apple’s leap into the AI world with the Vision Pro could be just the jolt this headset needs. With new features like the addition of OpenAI’s ChatGPT into the Writing Tools, Vision Pro is taking its first steps to compete with the likes of Google’s Android XR. So, will Vision Pro become your go-to device for gaming, browsing, and VR adventures? Time will tell, but the Vision Pro’s latest revamp is certainly worth a second look. 😎👀
Closer to Home
- 💰 Saudi Arabia is going all-in on a $1T infrastructure boost by 2030. With major investments in key industries, the non-oil sector is also set to flex big by 2026. Talk about a major transformation.(5) 🚀
- 📞 UAE’s telecom giant e& dialed up growth in 2024. Net income hit AED 10.75B, up 4.3% YoY, while revenue surged 10.1% to AED 59.2B, thanks to booming telco and digital services demand.(6) Full signal, full speed ahead! 📶
- 🏨 Abu Dhabi National Hotels just upgraded to a luxury suite in profits — net income skyrocketed to AED 1.33B in 2024, an annual leap of 216%, while revenue surged 77% YoY to AED 2.88B.(7) A five-star performance, indeed. 🌟
What Else Is Trending
- 💾 According to Bloomberg, Dell is closing in on a $5B deal to power Elon Musk’s xAI with AI-optimized servers packed with Nvidia’s GB200 chips. Talk about a match made in tech heaven.(8) ⚡
- 🪙 Meanwhile, spot gold took a 1.5% hit to $2,883.80 on Friday as traders cashed out, but trade war jitters kept its seven-week streak shining, with a weekly gain of 0.7%. ✨
- 📉 Lastly, oil prices lost steam as Russia-Ukraine peace hopes eased supply fears — Brent shed 0.37% to $74.74, while WTI lost 0.77% to $70.74.(10) 🛢️
💬Quote of the Day
“Innovation distinguishes between a leader and a follower.” — Steve Jobs, Former CEO of Apple
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Sources:(1) Times Now, (2) (9) (10) CNBC, (3) (8) Reuters, (4) (5) Gulf News, (6) (7) Zawya