Category: Money

World Money and Markets in the news

New Rivian Flagship Vehicles Start at $69,900

Rivian introduced the second-generation of its flagship vehicles, the R1S SUV and R1T pickup, according to a statement. The R1S…

Morgan Stanley’s Shalett Expects Stocks to Grind Higher

Morgan Stanley Wealth Management CIO Lisa Shalett says she expects US stocks to move higher from here but investors should…

KKR’s Stavros Sees Private Markets Continuing to Outperform

KKR co-head of Global Private Equity Peter Stavros says the private equity industry “unfortunately over-deployed in 2021 and 2022,” and…

PE Mood ‘A Lot Lighter’ Than 12 Months Ago: Advent’s Barr

Johanna Barr, global head of limited partner services at Advent International, says that sentiment in the private equity industry is…

Ozempic, Wegovy Weight-Loss Revolution: Novo Nordisk CEO Interview

#Ozempic #Wegovy #obesity #diabetes #weightloss #healthcare #pharmaceuticals #novonordisk #drugs #leadership #CEO Novo Nordisk is Europe’s most valuable company with booming…

UK Election: Can the Rich Protect Their Wealth?

Wealthy people in the UK are rushing to shelter their money after Prime Minister Rishi Sunak surprised the country by calling a…

Nvidia Joins $3TN Club, Overtakes Apple & ECB to Begin Cuts | Daybreak: Europe 06/06/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

Stocks Rally Fueled by Tech | Horizons Middle East & Africa June 6, 2024

Tech stocks drive a global rally with US equities hitting fresh highs, with Nvidia joining the 3 trillion club. Also…

Cathie Wood Says Ark Is Well Placed in AI Despite Nvidia Trim

Cathie Wood said Ark Investment Management is well positioned in artificial intelligence assets, even after her company trimmed back on Nvidia Corp. shares…

Cathie Wood Positive About Tesla, Autonomous Driving

Ark Investment Management’s Cathie Wood says autonomous driving is the “biggest AI project on earth,” defending her bet on Tesla Inc….