Veteran investor, Arthur Richards Rule IV, better known as Rick Rule, is the latest expert to sound the alarm on the long-term stability of the U.S. Dollar, warning that decades of unchecked federal spending and unfunded liabilities could erode the greenback's purchasing power over the next decade.
Circle Internet Financial is pushing forward with its public listing plans, now targeting a valuation of $7.2 billion as it gears up for an initial public offering.
Hong Kong beauty products retailer Pitanium made its public debut this week, opening at $4.51 after pricing its IPO at $4. Meanwhile, BlackRock plans to acquire about 10% of the shares offered in Circle Internet's upcoming initial public offering.
Telegram founder Pavel Durov announced the agreement on X, stating that the one-year deal includes a $300 million payment from xAI, comprising a mix of cash and equity.
Despite its CEO being barred from leaving France due to a criminal investigation, messaging platform Telegram (CRYPTO: TON) is set to raise at least $1.5 billion through a new
Italian energy firm Eni signed an exclusivity deal with BlackRock’s Global Infrastructure Partners for a potential 49.99% co-control stake sale in Eni CCUS Holding, its Carbon Capture, Utilization, and Storage business.
Israel Englander's Millennium Management trimmed its positions in major technology stocks while increasing its Amazon.com Inc. exposure during the first quarter of 2025, according to its 13F filing with the U.S. Securities and Exchange Commission on May 15.
BlackRock introduces IDEF, an actively managed ETF focused on defense and security investments amidst rising global tensions and military expenditures.
