Bill Gates built one of the world’s most valuable software companies, and yet the trust that funds his foundation no longer owns a single Microsoft share. That sounds dramatic, but the more revealing detail is what remains inside the Gates Foundation Trust: a public equity portfolio of roughly $33 billion, with about 46% now sitting
Asia’s smaller companies have delivered stronger returns than the region’s large-cap stocks over the past five years, while also offering lower volatility and broader sector exposure, according to HSBC Asset Management. The firm said Asia small-cap stocks outperformed their large-cap counterparts by nearly 3% annualised at the index level over the period. The gains came
WTI and Brent crude oil prices crashed on Hyperliquid after President Donald Trump announced that the US and Iran had reached an agreement to reopen the Strait of Hormuz. The West Texas Intermediate plunged to $89, while Brent, the global benchmark, plunged to $93. Trump announces deal to reopen Strait of Hormuz Most market participants
The S&P 500 Index remains in a bull market and is trading at a record high, driven by numerous catalysts: strong corporate earnings and investors moving past the Iran war, mirroring their response to the Ukraine war. It ended last week at $7,473, and continued the uptrend on RWA platforms like Hyperliquid and Ondo. Here
Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%. Near Protocol price jumps amid AI hype NEAR crypto token has been one of the
President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be a loss to the United States. Top Trump allies blast US-Iran deal In a Truth Social post, Trump said that details of the deal to
Wall Street closed higher on Friday, with the Dow Jones Industrial Average reaching an intraday record high, as easing Treasury yields and optimism surrounding diplomatic efforts in the Middle East supported investor sentiment heading into the Memorial Day holiday weekend. The Dow gained nearly 295 points, or 0.59%, to close at approximately 50,580. The blue-chip
In Beijing, the choreography said almost as much as the communiques. Air Force One had barely left Chinese airspace before Vladimir Putin’s plane touched down. The flags, guards and banquet halls were still warm from one superpower summit when China began staging the next. For Xi Jinping, the sequence was not just diplomatic theatre; it
Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that a full reopening of the waterway in 2026 is unlikely. Instead, countries such as India, China, Japan, and South Korea may be forced into bilateral deals with Tehran to secure passage, while
As the global financial community eagerly awaits SpaceX’s historic initial public offering (IPO) – rumoured to command some $1.7 trillion valuation on June 12 – a wave of capital is flooding into public space stocks. This unprecedented offering promises to shine a “blinding spotlight” on the entire commercial space ecosystem, resetting industry benchmarks and driving