Biotech stocks have staged an impressive rally over the past six months, with the XBI index – key benchmark for small and mid-cap biotech names – posting one of its strongest stretches on record. Mizuho’s senior healthcare analyst Jared Holz believes this momentum is more than a short-term bounce. Speaking with CNBC, he argued the
In a dramatic turn of events shaking the cryptocurrency world, Neo co-founders Da Hongfei and Erik Zhang have entered a public dispute over the blockchain’s governance and financial management, highlighting critical questions about decentralisation and transparency. First reported by Wu Blockchain on December 15, 2024, the conflict exposes deep divisions within one of the leading
Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009. Copper, often referred to as the “red metal,” has seen a remarkable rally on the London Metal Exchange this year, surging by over 40% and hitting a series of
As 2025 draws to a close, Binance is making another adjustment to its trading lineup, underscoring how large exchanges regularly recalibrate products before entering a new cycle. The crypto exchange said it will scrap several spot and margin trading pairs linked to the First Digital USD stablecoin on January 6. The change affects Bitcoin Cash,
Renowned investor Michael Burry moved to correct market speculation this week after renewed attention on his views about Tesla’s valuation. The Scion Asset Management founder said he is not betting against the electric vehicle maker, despite having described the stock as “ridiculously overvalued.” The clarification came in response to questions on social media, as investors
Generating meaningful dividend income from modest capital requires disciplined stock selection and a clear mathematical framework. An allocation of $2,670 distributed equally across three carefully vetted ultra-high-yield securities, each offering yields exceeding 6%, can reasonably generate approximately $300 in annual dividend income. The challenge lies not in identifying high-yield opportunities, but in distinguishing between genuinely
Russia’s pipeline gas exports to Europe plummeted by 44% in 2025, reaching their lowest level since the mid-1970s, driven by the closure of the Ukrainian route and the European Union’s ongoing phase-out of Russian fossil fuel imports, Reuters calculations showed on Tuesday. The European Union has made a firm declaration that it intends to completely
British renewable energy group Octopus Energy is moving closer to spinning out its artificial intelligence-driven software arm, Kraken Technologies, in a step that underlines how digital infrastructure is becoming central to the UK energy transition. The proposed separation follows a major funding round that repositions Kraken as a standalone technology business rather than a support
Berkshire Hathaway (BRK.B) remains in focus as markets brace for the most significant transition in corporate history. Legendary investor Warren Buffett steps down as the conglomerate’s chief executive following a remarkable 60-year tenure at the end of this year, with Greg Able taking over officially on Jan. 1 Investors are watching closely as Abel attempts
Chinese artificial intelligence startup MiniMax is preparing for a major public debut in Hong Kong, with Alibaba Group Holding Ltd. and Abu Dhabi Investment Authority (ADIA) set to anchor the offering, reported Bloomberg, citing people familiar with the matter. The deal positions MiniMax at the forefront of a closely watched race among China’s generative AI