Author: Admin

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldMexican authorities killed the leader of one of the country’s biggest cartels, answering US calls for tougher action against organised crime and setting off a wave of retaliatory violence.Nemesio Oseguera, known as “El Mencho”, the head of the Jalisco New Generation Cartel, died on Sunday in an operation by Mexican security forces in co-ordination with US authorities in Tapalpa, Jalisco state, Mexico’s defence ministry said.Oseguera, 59, turned the CJNG into one of Mexico’s two most powerful crime groups, alongside the…

Key PointsLucid (NASDAQ: LCID) stock is down 90% over the past three years, as the electric vehicle market has come under immense pressure from slowing sales and the company’s own financial hurdles. As of this writing, its shares are trading for just under $10.If you’re hoping to scoop up Lucid stock in the hopes that it’ll rebound, I understand the temptation. But it’s probably not a good idea.Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »…

“Our son makes $45,000 a year and has no immediate prospects for significantly increasing his income.”

Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial of one of its drugs missed its primary endpoint and failed to show statistically significant Stage III-IV cancer reduction. Blue Owl Capital — Shares slid nearly 3%, a day after after the private market and alternative assets manager fell 5.9% following the sale of $1.4 billion in loans . Opendoor Technologies — The residential real estate sales platform saw shares rise 19%. Fourth-quarter revenue of $736 million beat the LSEG consensus estimate of $549 million. Opendoor sees its first-quarter adjusted…

Top Stories of The WeekMetaplanet CEO rejects claims it hid details of BTC tradesMetaplanet CEO Simon Gerovich pushed back against accusations that the company misled investors about its Bitcoin strategy and disclosures.Critics on X have argued that Metaplanet delayed or withheld price‑sensitive information about large Bitcoin purchases and options trades funded with shareholder capital, obscured losses from its derivatives strategy and failed to fully disclose key terms of its BTC‑backed borrowings.In a detailed X post on Friday, Gerovich argued that Metaplanet promptly reported all Bitcoin purchases, option strategies and borrowings, and that critics were misreading its financial statements rather than…

The “Magnificent Seven” that propelled the broader market to record heights in recent years has been flipped on its head this year. All but two stocks in the group are in the red to start 2026, with Microsoft down nearly 18% and Tesla and Amazon each shedding more than 8%. Google-parent Alphabet , crowned one of the leading artificial intelligence winners of 2025, is roughly flat while chipmaking darling Nvidia is up just 1% this year. The Roundhill Magnificent Seven ETF (MAGS) is down nearly 6% year to date. The declines come amid a flurry of concerns about these companies’…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxDBS and Granite Asia have kicked off a three-year partnership with the closing of a US$110 million AI-focused IPO fund targeting Asia’s next wave of tech listings.The fund, distributed exclusively to DBS wealth clients, invests in the initial public offerings of AI-driven companies in Asia.Granite Asia said the vehicle drew investors from Southeast Asia, South Asia and Europe. It provides exposure at the point of listing and supports the region’s expanding AI sector.The fund is the first in a planned series of investment products under the partnership.Granite Asia…

“The National Gallery is doing a great job isn’t it?” David Hockney reflected in 2024. “Everything in the collection is good, every single picture is good.” Judging by recent performance, the artist would seem to be right. The gallery’s blockbuster Van Gogh exhibition closed in January last year after a record-breaking 335,000 visitors. Its 200th anniversary celebrations, including the opening of the newly designed Sainsbury Wing and rehang, attracted a 60% rise in visitors since May.But barely 10 months later, the art world is digesting the stark news that the National Gallery will face a deficit of £8.2m in the coming…

Centrum is bullish on Dabur, Marico, Nestle, Britannia, HUL, Godrej Consumer and Emami.

Energy stocks have been a crapshoot for investors over the past five years, partly because of a disconnect between where consumer dollars are going and where investor capital has been flowing. To use an energy sector analogy, consumers are downstream in the energy markets. They experience the energy transition in tangible finished products: EV chargers, solar panels, and lower carbon power on their monthly energy bills. But most of the investment action is happening in the upstream part of the market. This includes infrastructure and power generation assets with payoffs that depend on regulatory outcomes, long-dated contracts, and capital discipline…