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Are Western equities tip-toeing toward a correction? Plus: BTC 60k.
And Google has been hit by a EUR 2.1 bn lawsuit filed by a group of European publishers
Mubadala + Goldman Sachs enter USD 1 bn agreement with an eye on Asia
Mubadala plans to more than double its assets in Asia to 25%, from the 12% currently under the fund’s management
Nvidia gains help S&P 500 hit fresh closing high
Nvidia’s valuation hits USD 2 tn: Nvidia continued its rally on Friday, with its valuation briefly hitting USD 2 tn…
Investors worry that Red Sea disruptions and consumer boycotts could put an end to US stock rally
Earnings forecasts for S&P 500 companies over the next 12 months are at a record high
AI stock rally accounts for 96% of net worth gained on Bloomberg’s Billionaire Index in 2024
The net worth of 30 of the world’s 500 wealthiest individuals increased USD 124 bn on the back AI-related stocks
US recession worries recede
Analysts, fund managers no longer expect a US recession this year: Only a quarter of analysts and forecasters think the…
Markets aren’t happy after hotter-than-expected US inflation report
Traders worry the overshoot will make the Fed even less likely to cut interest rates in March
MENA M&A activity was up just 4% in value terms last year
Despite all the turmoil, regional M&A activity was up fractionally last year: MENA closed mergers and acquisitions worth USD 86…
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