Bitcoin CME futures have surged past $100,000 for the second time in just five days, signalling robust institutional demand and fueling optimism for the cryptocurrency’s spot price to achieve the same milestone. With open interest at record levels and rising volumes across major exchanges, analysts point to key price thresholds and market dynamics that could… Continue reading Bitcoin CME futures cross $100K for the second time in a week as analysts eye BTC at $100K
Featured Stocks
Rally’s $13.75 mn Stegosaurus IPO is bringing fossils to the market. Should you invest?
Forget traditional investments like stocks or cryptocurrency—Rally, a platform specializing in fractional ownership, has launched a groundbreaking $13.75 million IPO for a Stegosaurus fossil. Known as “Steg,” the fossil is being unearthed on a private plot of land in northern Wyoming. Rally co-founder Rob Petrozzo told MarketWatch the offering is being valued at $13.75 million,… Continue reading Rally’s $13.75 mn Stegosaurus IPO is bringing fossils to the market. Should you invest?
JPMorgan upgrades Mexican equities while cutting Brazilian outlook
JPMorgan has raised its outlook on Mexican equities to “overweight” while downgrading Brazilian stocks to “neutral,” reflecting a divergence in economic prospects across Latin America. JPMorgan’s upgrade of Mexican stocks stems from the country’s strong economic ties with the United States. Strategist Emy Shayo Cherman explained that resilient US growth is bolstering Mexico’s economy, particularly… Continue reading JPMorgan upgrades Mexican equities while cutting Brazilian outlook
Interview: Indian startups and US firms forge deeper ties, mirroring US-Israel business integration, says UIV’s Bhaskar Majumdar
India’s startup ecosystem, home to over 100 unicorn companies, continues to thrive despite challenges. Between 2014 and mid-2024, it attracted over $150 billion in investments, making it the third-largest in the world. Key sectors such as e-commerce, fintech, and enterprise tech accounted for 52% of the total funding, according to Inc42. Unicorn India Ventures (UIV),… Continue reading Interview: Indian startups and US firms forge deeper ties, mirroring US-Israel business integration, says UIV’s Bhaskar Majumdar
World’s highest-valued startups: OpenAI and SpaceX soar, but ByteDance remains dominant
In an era of rapid technical developments and soaring values, ByteDance remains the most valuable startup in the world, with a valuation of $225 billion, according to CB Insights’ tracker. However, the IT sector is teeming with activity, particularly with companies such as OpenAI, which has been recognized for pioneering work in generative artificial intelligence,… Continue reading World’s highest-valued startups: OpenAI and SpaceX soar, but ByteDance remains dominant
Bankrupt Norwegian shipping heir Petter Olsen to sell Munch art collection to repay debts
Petter Olsen, the Norwegian shipping heir and art enthusiast, is selling his extensive collection of Edvard Munch artworks following his recent bankruptcy. Leif Petter Madsen, the head of Olsen’s bankruptcy estate said Olsen, heir to shipping magnate Thomas Olsen, owes creditors about 780 million kroner ($75 million) and is selling the collection. None are sold… Continue reading Bankrupt Norwegian shipping heir Petter Olsen to sell Munch art collection to repay debts
Private investors seek larger share of private markets despite fundraising decline
Private markets fundraising has seen a decline of over 10% in the last two years, but family offices and ultra-high-net-worth individuals (UHNWIs) are increasingly showing interest in the asset class. While traditionally dominated by institutional investors like pensions and sovereign wealth funds, private markets are becoming a key focus for private wealth investors seeking diversification… Continue reading Private investors seek larger share of private markets despite fundraising decline
Vanguard fined $9M in Australia’s largest greenwashing penalty
In a landmark decision, Vanguard Investments Australia Ltd. has been fined A$12.9 million ($8.9 million) by Australia’s Federal Court for making misleading claims about its ethical investment options. The penalty marks the highest greenwashing fine issued in the country, as regulators ramp up scrutiny on environmental, social, and governance (ESG) claims by financial institutions. The… Continue reading Vanguard fined $9M in Australia’s largest greenwashing penalty
Vista and Blackstone to acquire software maker Smartsheet in $8.4 billion deal
In a major move, private equity firms Vista Equity Partners and Blackstone are set to acquire Smartsheet, a cloud-based software company, for approximately $8.4 billion in an all-cash transaction. Under the terms of the agreement, Vista and Blackstone will purchase Smartsheet shares at $56.50 each, according to a joint announcement made on Tuesday. The deal… Continue reading Vista and Blackstone to acquire software maker Smartsheet in $8.4 billion deal
