The idea of reaching the trillionaire mark is something that has captured the imagination of the world ever since the concept of a billionaire was first introduced. The journey from a billionaire to a trillionaire seemed like an unattainable feat, and yet, here we are, contemplating who will be the first to achieve this unprecedented
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Activist investor Starboard Value has taken steps to dissolve News Corp’s dual-class share structure, a move that could potentially challenge the Murdoch family’s control over the media company. The push was made through a non-binding shareholder resolution, with Starboard owning roughly 2% of the company’s Class A shares. This is a significant development, considering that
The Swiss National Bank (SNB) is facing a challenging situation due to the unexpected slowdown in Switzerland’s inflation and the strength of the Swiss franc. Recent data shows that inflation in Switzerland fell to 1.1% year-on-year in August, below the anticipated 1.2%, signaling that third-quarter inflation may be significantly lower than the SNB’s target of
A recent analysis by on-chain analytics firm IntoTheBlock has revealed some interesting insights into Bitcoin’s historical cycles. According to the analysis, there is a pattern that suggests a significant rally might be on the horizon for 2025. Historically, the average duration between Bitcoin’s halving events and the subsequent peak is approximately 480 days. This pattern
As the summer holidays come to an end, investors in China are facing the reality of a sluggish consumption and growth outlook. JPMorgan recently downgraded its opinion on Chinese stocks to neutral from overweight, citing a challenging outlook. The downgrade reflects a broader trend of uncertainty surrounding the Chinese economy and its impact on investment
When looking for potential stock picks, it is imperative to consider the recommendations of top Wall Street analysts. One such recommendation is Planet Fitness (PLNT), a company that has recently displayed better-than-expected results for the second quarter. Baird analyst Jonathan Komp reaffirmed a buy rating on PLNT stock, stating that the company’s asset-light franchise model
The sport of pickleball has experienced a massive surge in popularity in recent years, particularly during the Covid lockdown. This surge has continued even after lockdown measures were lifted, with more players joining at all levels. According to Bank of America analyst Alexander Perry, the sport has seen a 53% increase in total players in
In the midst of a declining Bitcoin price, Michael Saylor, the co-founder and chairman of MicroStrategy, has delivered a powerful message to the crypto community. His tweet stating, “You do not sell your Bitcoin,” comes at a time when investors may be feeling the urge to sell off their assets. This message is particularly relevant
Chip stocks have recently experienced a significant decline, with the VanEck Semiconductor ETF (SMH) sinking 11.7% in a four-day trading week, marking its worst week since March 2020. The sharp decline in chip stocks, particularly in artificial intelligence favorite Nvidia, has raised concerns over U.S. economic growth and added to the market’s volatility this summer.
In a bold move, Figure Markets and shareholder Veton Vejseli have made a request to access certain company records of Ionic Digital under Section 220 of the Delaware General Corporation Law. This request is fueled by concerns of potential misconduct by the Board of Directors and their performance of fiduciary duties. The specific areas of