Cathie Wood’s Ark Innovation ETF adds SpaceX to its portfolio, targeting early exposure to high-growth tech sectors like AI and space. Ark Investment Management, led by Cathie Wood, purchased over $529.7 million in SpaceX stock following its recent public debut. The move a
The firm’s Q1 2026 investor letter defends BRK.B’s long-term value despite a 7% YTD decline and S&P 500 underperformance. Greenskeeper Asset Management reaffirmed Berkshire Hathaway (BRK.B) as a resilient holding in its Q1 2026 investor letter, despite the stock’s 7% year-
The buyback equals half of the 13.2 million shares authorized by the company’s board for repurchase. Genius Group (GNS) has acquired 6.6 million class A ordinary shares in a privately negotiated off-market transaction. The purchase was made from a non-affiliated private ho
SpaceX closed its first trading day with a $2.1 trillion market cap, ranking seventh globally despite modest revenue relative to valuation. SpaceX (NASDAQ: SPCX) surged 19% on its market debut Friday, ending the session with a $2.1 trillion valuation. The company now ranks
Brian Armstrong cites historical cycles and recent price action as signs of a potential bitcoin bottom at $60,000. Coinbase CEO Brian Armstrong said bitcoin may have found a bottom around $60,000, though he acknowledged uncertainty remains. His comments follow a rebound to
An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week. The U.S. and Iran late on Sunday announced a de
Visa’s stock declines 13.8% in Q1 2026 as global slowdown and oil price risks weigh on cross-border travel revenue. Visa Inc. (NYSE:V) closed at $322.39 on June 12, 2026, reflecting a 3.08% one-month decline and a 9.31% drop over the past year. The company’s market capital
Former Merrill Lynch CEO E. Stanley O'Neal takes over as chair of Hut 8, succeeding William Tai amid the company's shift to AI data centers. Hut 8, a Bitcoin miner transitioning to AI and high-performance computing data centers, has appointed E. Stanley O'Neal as its new b
Kevin Warsh opens first Fed meeting June 16 with rate hold expected Kevin Warsh was confirmed by the Senate in a 54-45 vote and sworn in as Federal Reserve Chair on 22 May 2026. The ceremony took place at the White House, with Supreme Court Justice Clarence Thomas administ
A US-Iran peace framework sparks a broad rally in equities and bonds while easing inflation fears tied to energy costs. Global share markets and bonds rallied sharply on Monday after a US-Iran peace deal sent oil prices tumbling 5%. The agreement is expected to reduce infl
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