Micron (MU 6.11%) surprised many investors when it reached a $1 trillion market cap in May. Investors may have seen the memory chip opportunity, but few of them anticipated the stock’s 700% surge over the past year. Broadcom (AVGO 3.65%) hit the same milestone in December 2024. These two companies demonstrate a pattern of chipmakers…
Shortly after, I started to research Matri and found that, to my utter shock and joy, they sold their beds in Hannover-based store called Fennobed. A year later, in 2019, the Fennobed store made my dreams come true when my Matri bed showed up (I wrote about it here). Little did we know, but that…
Fireworks. Barbecue. Cold Beer. These are hallmarks of American Fourth of July celebrations. As Chicago and the rest of the nation celebrated their country turning the big 250, some might be surprised to learn that the country’s alcohol taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals…
US tariffs shake up Brazil’s presidential race as candidates trade blame
The foreign exchange and debt markets have delivered a sharp, pre-emptive response to speculation surrounding incoming Prime Minister Andy Burnham’s cabinet appointments. On Wednesday, the Bloomberg British Pound Index surged by as much as 1 per cent, marking its highest level in a year. The rally was triggered by reports that Burnham will appoint Home…
Germany’s sovereign wealth fund Kenfo plans to increase its allocation to private markets from 25% to 30% over the next two years, with future commitments focused on infrastructure and real estate while adopting a more selective approach to private equity, according to a report by Bloomberg. Kenfo, which manages more than €28bn and was established…
Welcome back! As we do our countdown, we have been talking about a lot of things that not only ensure you feel confident navigating the logistics and expectations of hosting Thanksgiving, but we are also trying to ensure that you can do so safely. If you are just joining us, you can catch up on…
The Securities and Exchange Commission proposed a rule to make e-delivery the default option for registrants (including broker/dealers and advisors) when dealing with the agency (and with investors). The rule has been long-awaited (and often-discussed), and Chair Paul Atkins said in a statement that the change would “substantially reduce paper, printing and postage costs for…
Time: 9am to 10am | Location: Bank of England, Threadneedle Street, London, EC2R 8AH and MS teams Minutes Item 1 – Update on Imagery Selection and Aims The Chair opened the meeting, reminding members about the importance of considering the Bank’s obligations under the Public Sector Equality Duty at every stage of decision-making during the…
AST SpaceMobile (ASTS 15.76%) has grand ambitions to offer broadband directly to smartphones anywhere on Earth. Building and launching the satellite array that will provide that technology costs money. AST announced yesterday that it was raising additional funds to support its efforts. The stock is dropping today on that news, down 15.5% as of 11:07…
