Key Points Thiel Macro (a hedge fund run by Peter Thiel) sold its positions in Tesla, Microsoft, and Apple in Q4 2025. Peter Thiel made a similar decision in Q4 2019 with mixed results; he avoided losses but missed out on gains. The S&P 500 is expensive, but most Wall Street analysts think Tesla, Microsoft,…
Despite making massive gains for shareholders over the last 20 years, both Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI) have underperformed the S&P 500 index over the last five years. That’s right, the two e-commerce giants have delivered only meager gains in recent years, trailing a stock market index that has delivered a total return…
Hong Kong police seized HK$20 million (US$2.55 million) worth of suspected cocaine in a village house in Sha Tin and arrested a 28-year-old man in an anti-drug trafficking operation on Saturday. Senior Inspector Conrad Chan Yuen-fun, of the narcotics bureau’s operation division, said on Sunday the raid stopped the drugs from reaching the market. The…
Lazio are short of options in central midfield, while Milan are without the suspended Adrien Rabiot, but Massimiliano Allegri will rely on Rafael Leao and Christian Pulisic in attack for a key away game at the Olimpico in Rome tonight. It kicks off at 20:45 CET (19:45 GMT). Advertisement Samuel Gigot, Nicolò Rovella, Ivan Provedel,…
Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. The leaders of five Nordic countries — plus Canada — have gathered in Oslo for a mini-summit to discuss strengthening defence capabilities…
The United Arab Emirates’ presidential advisor, Anwar Gargash, refuted Iranian foreign minister Abbas Araghchi’s accusations that the US used the UAE territory to attack Tehran’s Kharg Island, calling it “a part of a confused policy that has misdirected its aim, lost its compass, and forsaken wisdom.” A satellite view of Iran’s Kharg Island, which hosts…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong faces a damp week ahead as humidity is expected to peak at 95 per cent with the arrival of a seasonal coastal mist from Wednesday, according to the city’s weather forecaster. The…
The US has released the identities of six crew members killed during the crash of a refuelling aircraft in Iraq this week. The Pentagon said the six members killed in the accident on Thursday were: John “Alex” Klinner, 33, of Auburn, Alabama; Ariana Savino, 31, of Covington, Washington; Ashley Pruitt, 34, of Bardstown, Kentucky; Seth…
Vicuna Air has announced “Biscuit Class,” a new service described in public materials as the world’s first dedicated solo in‑cabin pet travel product, signaling how far airlines are willing to go to court animal-loving travelers. Get the latest news straight to your inbox! A New Tier in the Pet Travel Market Biscuit Class is positioned…
This Amazon data centre sits on the outskirts of Abu Dhabi, directly across the water from the Iranian coast. An Amazon data centre in the United Arab Emirates.(Google, Airbus) Stocked with high-powered computers that run day and night, this structure is where “the cloud” takes on physical form. Amazon has six data centres across Bahrain…
