The Edinburgh Worldwide Investment Trust (EWIT) has generated a near 950% return on its long-held investment in Elon Musk’s Space Exploration Technologies, better known as SpaceX, underscoring one of the most successful private-market bets in its portfolio. The investment has also become a focal point in a growing dispute with…
“It is ludicrous to believe that asset bubbles can only be recognised in hindsight.”– Michael Burry (The Big Short)The rally in precious metals has been nothing short of extraordinary in 2025, begging the question about its sustainability.Gold and silver have not just climbed this year — they have detonated through…
South Korean e-commerce giant Coupang has announced a compensation package worth 1.69 trillion won ($1.17 billion) for millions of users affected by a major data breach disclosed last month. The move marks one of the largest customer compensation efforts following a cybersecurity incident in South Korea and comes amid regulatory…
SoftBank Group Corp. is in advanced discussions to acquire DigitalBridge Group Inc., a New York-listed private equity firm focused on data centres and related assets, reported Bloomberg.The report said an agreement could be announced as soon as Monday, although no final terms have been reached, and the timing could still…
The Russell 2000 Index and the IWM ETFs jumped by 13% this year as global stocks continued their uptrend. It has now risen by over 25% in the last five years, underperforming other blue-chip indices like the Dow Jones and the Nasdaq 100. This article explores some of the top…
Saudi Arabia, the world’s largest oil exporter, is poised to cut the February price for its benchmark Arab Light crude for Asian customers for the third consecutive month, reflecting a broader trend of declining spot market prices driven by abundant supplies.The official selling price (OSP) for Saudi Arabia’s flagship Arab…
The Dow Jones Index continued its recent rally, rising by 15% this year and hitting its all-time high of $48,862. It has jumped by ~35% from its highest level in April this year. This article explores the top US30 Index news to watch in 2026.Dow Jones Index to react to…
Blackstone Minerals (BSX:AU) has announced Managing Director Resignation and Board Changes Download the PDF here. This post appeared first on investingnews.com
The global wheat market is breathing a sigh of relief as supply forecasts have been significantly upgraded, though a recent price rally, fueled by speculation, has kept traders on edge. A recent report from Commerzbank AG highlighted the contrasting factors currently influencing the commodity. The German bank expects wheat prices to…
Bernstein analyst Stacy Rasgon says Nvidia’s (NASDAQ: NVDA) recent deal with the California-based artificial intelligence (AI) startup, Groq, removes the last remaining bear case from its stock.Founded by Jonathan Ross – the architect behind Google’s first tensor processing unit (TPU) – the startup specialises in high-bandwidth, low-latency architectures.The announcement arrives…