Goldman Sachs expects an oil market surplus of 3 million BPD in 2027. Without Warsh’s help, Japan will be forced to resort to currency interventions. The Dollar is consolidating ahead of Kevin Warsh’s speech in Sintra, Portugal, and the release of key US labour market data. A hawkish surprise from the new Fed Chair at…
Netflix and Peacock are expanding their libraries with the addition of Universal Pictures’ controversial 2017 movie, featuring Dennis Quaid and Josh Gad. During its theatrical run, the film grossed around $205 million at the worldwide box office. What Dennis Quaid and Josh Gad movie is now on Netflix and Peacock? As of today, the 2017…
Lai Kai-ying, the first female Chinese civilian to reach outer space, is currently on board China’s crewed Tiangong space station, where she orbits the Earth 16 times a day, alongside two other Chinese astronauts. Tiangong is a unique microgravity laboratory for scientific experiments, designed to provide new insights into humanity’s future. Today, aviation and spaceflight…
And today in AI stock bubble-watching news… Quick insight: AI stock concentration has reached the same level that resulted in the bursting of previous bubbles, Bank of America strategists pointed out. The “AI Big 10” now make up 41% of the S&P 500 (^GSPC), similar to the share of tech and telecom during the dot-com…
Our early exit from the World Cup is extremely sobering. We clearly fell short of expectations and should have gone further in this tournament. This ending really hurts. I made a very conscious decision to play for Germany one more time. On the one hand, because wearing the national team jersey has always filled me…
China’s traditional tech jobs are losing their luster for new college graduates, eclipsed by a surge in salaries for roles in semiconductors, advanced manufacturing and green energy. As the national college entrance exam season wraps up and students select their majors, recent data from leading Chinese employment research firms reveals a distinct shift in the…
Donald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House. Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed why US Congress needed to act. “The crypto legislation heading…
Slowly and quietly, Motorola might just be turning into my favourite phone maker, and a real problem for Samsung and co. The Lenovo-owned company isn’t an unknown quantity by any means – quite the opposite, including its entire history- but it does seem to have been transitioning to a bolder, more assertive form of late….
Warren Buffett famously quipped that diversification is for people who don’t know what they’re doing. Judging by the explosive growth of S&P 500 ETFs over the past few decades, millions of investors are perfectly fine playing dumb — and their retirement accounts are thanking them for it. After all, beating the market year after year…
Lamine Yamal’s teasing message over Barcelona potentially signing Julián Álvarez from Atlético Madrid shows one thing—the teenager superstar wants the deal to happen. The complicated saga, which also includes rivals Real Madrid, took another twist on Tuesday as Spanish publication COPE reported that Atlético have lodged a formal complaint with FIFA and the Royal Spanish…