Sunil Sahil
To be called a “ultra-high-net-worth individual,” a person’s net investable assets must be worth at least $30 million. However, this is not a formal legal definition. As the term implies, ultra-high-net-worth persons are the richest people on the earth, including billionaires. These folks rank much higher than those classified as high-net-worth individuals. According to various … Read more
Last week, Chinese authorities lamented a lack of “fairness” in the United States when a House measure was quickly passed requiring Chinese business ByteDance to sell its popular social media platform TikTok. China’s foreign ministry spokeswoman blasted the US of using national security as a ruse to “willfully suppress other countries’ superior companies,” implying that … Read more
Big Tech is facing its most serious test in decades, as antitrust authorities on both sides of the Atlantic hammer down on suspected anticompetitive activities that might result in breakup orders for Apple and Alphabet’s Google, a first for the sector. This, in turn, may encourage watchdogs throughout the world to pile on, as indicated … Read more
According to our data, Robin William Buchanan’s recent sale of LyondellBasell Industries shares was the largest selling by an insider person in the previous year. That suggests an insider was selling shares for less than the current price (US$101). As a general rule, we find it disappointing when insiders sell below the current price since … Read more
Some investors rely on dividends to enhance their wealth, and if you’re one of those dividend hunters, you might be interested to learn that Overseas Shipholding Group, Inc. (NYSE:OSG) is going to go ex-dividend in just three days. The ex-dividend date is one day before the record date, which is the day on which shareholders … Read more
The core personal consumption expenditures price index, which excludes food and energy expenses, is expected to rise 0.3%, following its largest monthly gain in a year. The entire metric is expected to rise 0.4%, the most since September. That would put annualised core price rise over the last three months at its strongest rate since … Read more
The US dollar has climbed for the duration of the trade week, and it appears that we are nearing a breakout. I’m paying great attention to the 152 yen level since it’s been such a hard ceiling. That being said, it appears that we are constructing a big ascending triangle, and I believe it is … Read more
Suso Zamora, Executive Chairman of the Board and President of Auna, stated, “Auna’s listing on the New York Stock Exchange today is a significant milestone for our Company and reaffirms our mission to transform healthcare in Spanish-speaking Latin America by providing highly integrated healthcare to the region’s rapidly growing population. Our entry into the international … Read more
On Friday, US equities finished mixed, with the tech-heavy Nasdaq Composite (^IXIC) posting a fresh record high. Investors were boosted by the potential of a reversal in interest rate rises. The Nasdaq, which began the day in the negative, turned into positive territory by mid-afternoon, closing up around 0.2%. The Dow Jones Industrial Average (^DJI), … Read more
US shares dropped following a record-breaking run that sent the S&P 500 up roughly 10% this year. The measure increased more than 2% in a week of nearly universal gains. The market’s resiliency has prompted experts to increase their objectives, while also sparking calls for consolidation or a pullback. “With some sentiment and positioning indicators … Read more
