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03/12/2025
The Mexican government announced a 13% increase in the minimum wage for 2026.
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3 m ago
United Nations Secretary-General Guterres discusses climate issues: we must address carbon emissions.
4 m ago
UBS: The base case scenario is that the price of Brent crude oil will be around $65 per barrel in mid-2026 and $67 per barrel at the end of 2026.
4 m ago
In pre-market trading on Wednesday, US data infrastructure semiconductor solutions provider Marvell Technology Group saw its stock price rise by 7.4%. The company's third-quarter financial report showed earnings per share of 76 cents excluding one-time items, with revenue of $2.08 billion, higher than analysts' consensus forecast of earnings per share of 73 cents and revenue of $2.07 billion as shown by the London Stock Exchange Group data.
4 m ago
After a market rebound following a price drop on Monday, Ark Invest purchased approximately 28,315 shares of Coinbase (COIN) stock worth about $7.5 million for its Ark Innovation ETF (ARKK) on Tuesday. They also purchased around 42,434 shares of Bullish stock worth about $1.8 million for their ARKK fund, which rose 5% on the same day. In addition, the investment firm bought 1,951 shares of Robinhood stock (approximately $245,000) for its Ark Next Generation Internet ETF (ARKW). This increase in holdings occurred one week after their last purchase of Coinbase stock on November 26, when Ark Invest bought a total of $16.5 million worth of Coinbase stock across their three ETFs. This shows that the investment firm led by Cathie Wood continues to adjust fund holdings during market fluctuations. As of December 3, according to company disclosure, COIN is the second-largest holding in the ARKK fund, representing 5.6% of the portfolio value at approximately $4.096 billion, second only to Tesla stock with holdings worth $9.002 billion.
4 m ago
UBS: Regarding crude oil, we expect prices to start rebounding in the second quarter of 2026.
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