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The joint U.S. and Israeli attack on OPEC member Iran risks a major oil supply disruption in the Middle East that, in a worst-case scenario, could trigger a global economic recession.Iran is the fourth-largest oil producer in OPEC at just over 3 million barrels per day in January. The Islamic Republic shares a coastline with the Strait of Hormuz, the world’s most important waterway for the global oil trade. The oil market has long shrugged off the risk of an oil supply disruption in the Middle East. Traders are underestimating the threat that Iranian retaliation to the U.S. attack poses…
Dubai defense systems repel Iranian drones and missiles as random explosions and plumes of black smoke can be seen rising out of the city-state’s most celebrated neighborhood. Bloomberg’s Joumanna Bercetche reports from Dubai on “Bloomberg This Weekend.” (Source: Bloomberg)
Dubai and Doha airports are among the largest international hubs for air travel.
Residents protest as authorities burn cash left on ground by Bolivian plane crash
Solana just posted its strongest ETF inflow day in more than 2.5 months, reigniting speculation that institutions may be quietly positioning for a larger move and fueling bullish price predictions.On February 25, Solana exchange-traded funds recorded $30.86M in net inflows, marking the highest single-day intake in weeks.Source: SoSoValueThe spike reflects renewed institutional interest in gaining SOL exposure through regulated vehicles rather than direct spot accumulation.However, ETF demand tells only part of the story.While traditional market participants appear to be leaning bullish, on-chain data shows a more cautious tone. Over the past three weeks, roughly 3.9M SOL, worth more than $298M,…
Morgan Stanley named a host of stocks the firm says are best positioned heading into March. The Wall Street investment bank said that amid the market uncertainty, companies including Nvidia have more room to run. Other overweight-rated names screened by CNBC Pro include: Cummins, Grab Holdings, Nasdaq and Citigroup. Grab Holdings “Don’t miss the forest for the trees,” the firm said of the Singapore multinational tech company. Analyst Divya Gangahar Kothiyal said the stock is AI winner with a slew of positive catalysts coming up. “Recent trends & management engagement reinforce confidence that growth, margins & capital returns can compound…
botim money, the financial services arm of the UAE-based messaging and fintech platform botim, has launched the digital silver investing within its in-app ‘Invest’ feature.The new capability enables eligible users to buy, sell, and manage fractional silver holdings with an entry point of just AED10. The launch follows the successful introduction of botim’s in-app gold investing feature, expanding the platform’s precious metals suite across the UAE. Both offerings have been developed in a strategic partnership with OGold, an Emirati company focused on making precious metal ownership accessible.Lowering barriers to entrySacha Haider, chief operating officer of Astra Tech | botimAccording to…
Berkshire Hathaway’s new chief executive Greg Abel on Saturday said that he was committed to retaining the $1.1tn conglomerate’s fortress-like balance sheet, and that its massive cash holdings did not signal a retreat from dealmaking.Abel used his first letter to shareholders to underscore his investment bona fides and his commitment to the principles that predecessor Warren Buffett had long extolled.Abel, who took over in January, cast himself as a steward of Buffett’s legacy and signalled that the company’s investment philosophy was not changing. He told shareholders that Berkshire had been active in evaluating new investments and that it would remain…
Both the S&P index only NASDAQ index closed lower for the month. The S&P fell -0.87% after a gain of 1.37% in the month of January. The NASDAQ index-3.38%. That was its worst month since March 2025. The Dow industrial average rose by a modest 0.17%. For the trading day, the major indices are all closing lower:Dow industrial average -1.05%S&P index -0.43%NASDAQ index -0.92%.For the trading week:Dow industrial average -1.31%S&P index -0.44%NASDAQ index -0.95%Some of the loser this week: Consumer & Retail WeaknessWhirlpool: -19.00% — largest decline; cyclical consumer demand concerns and rate sensitivity weighing on appliances.Macy’s Inc: -11.78% —…
Key PointsEmployer-sponsored retirement plans offer very high salary contribution limits.The amount of money that can be saved for retirement on your behalf, however, isn’t limited to your own contribution cap.Here’s how to max out your yearly contribution to a 401(k) account with money that isn’t yours.The $23,760 Social Security bonus most retirees completely overlook ›Does your employer offer a 401(k) plan? If so, congratulations! Only a little more than half of the United States’ private sector workers have access to any sort of workplace retirement savings accounts. If you’re one of the lucky other half, you might want to make…
