Given the recent political turbulence, it is natural for traders and investors to speculate about the performance of the markets and economy in 2025. As a new administration prepares to take over next January, there are numerous uncertainties and unknowns that could impact the financial landscape. While there is no perfect handbook to predict the
Investing
Billionaire investor Bill Ackman has decided to postpone the highly anticipated listing of Pershing Square’s U.S. closed-end fund. The New York Stock Exchange’s website announced that the initial public offering of Pershing Square USA Ltd., with the ticker PSUS, has been delayed indefinitely. This delay follows a regulatory filing dated Thursday, in which Ackman revealed
NextEra Energy, a leading energy company, is currently exploring the possibility of restarting the Duane Arnold Energy Center, a nuclear plant in Iowa. This decision comes at a time when the demand for carbon-free energy is on the rise due to an unprecedented surge in electricity consumption. The plant ceased operations in 2020 after 45
The launch of spot ether exchange traded funds is eagerly awaited by crypto enthusiasts who believe that it will increase the investor base for Ethereum. Ether, the cryptocurrency used in the Ethereum network, has a wide range of use cases that extend beyond bitcoin. A number of spot ether ETFs are set to begin trading
The recent approval by the U.S. Securities and Exchange Commission for exchange-traded funds that hold ether, the world’s second-largest cryptocurrency, has sparked significant interest in the investment community. With trading set to commence imminently, the implications of this decision are far-reaching and could have a profound impact on the cryptocurrency market as a whole. The
In a surprising move, Berkshire Hathaway decided to trim its substantial holding in Bank of America for the first time in 4½ years. The conglomerate, led by Warren Buffett, sold 33.9 million shares of Bank of America over the course of three days for almost $1.5 billion, marking a significant reduction in its stake. It
In the midst of a volatile stock market, Costco has managed to stand out as a top pick by Wall Street analysts. The recent announcement of an increase in its membership fees has received positive feedback from analysts. This move is seen as a favorable catalyst for the stock and the company’s earnings in the
The highly anticipated release of EA Sports College Football 25 has sent waves of excitement through the gaming community. Fans of the old college football game are now reliving their glory days as they navigate the revamped version of the game. Many players, like Anthony Bencomo and Bill Long, are finding themselves drawn back into
Ken Griffin, the billionaire investor, made headlines when he acquired a late Jurassic stegosaurus skeleton for a whopping $44.6 million at Sotheby’s auction, making it the most expensive fossil ever sold in an auction setting. The stegosaurus, named “Apex”, is an impressive 150 million years old, standing at 11 feet tall and stretching nearly 27
The International Monetary Fund (IMF) recently issued a warning regarding the increased upside risks to inflation, causing doubts about the possibility of multiple interest rate cuts by the Federal Reserve this year. According to the IMF’s latest World Economic Outlook update, there has been a slowdown in global disinflation momentum, indicating potential obstacles ahead. The