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Category: Investing

Cathie Wood Continues to Invest in Sam Altman-Backed Nuclear Startup Despite Ongoing Operating Losses

16 September 2024 Nina Hernandez

Cathie Wood, the well-known investor, continues to place her confidence in Oklo (OKLO), a nuclear energy startup supported by Sam Altman, the head of OpenAI. Despite Oklo facing financial losses in the second quarter of […]

Investing

Gold Price: Potential Third Weekly Gain

12 July 2024 Tom Harris

There has been a decline in core inflation from 3.4% to 3.3%. At 2:30 PM, the US producer prices are set to be announced. According to a survey published by Trading Economics among analysts, a […]

Investing

Rivian and VW: No Joint Vehicle Production Despite Software Collaboration

3 July 2024 Lynn Hernandez

Volkswagen Invests Billions in Rivian Recently, Volkswagen announced a partnership with Rivian, a competitor to Tesla. The German automaker plans to invest up to $5 billion in developing technology for future vehicles together with Rivian. […]

Investing

Cinven Buys Idealista for 2.9 Billion Euros

28 June 2024 Tom Harris

Cinven has acquired 70% of the real estate platform Idealista for around 2 billion euros, while EQT reinvests to retain an 18% stake. In a landmark deal, Cinven has emerged as the buyer of Idealista, […]

Investing

World Premiere: Hyundai Inster – The Next Affordable Electric Small Car

28 June 2024 Tom Harris

Hyundai has unveiled the electric small car, Inster. The model will first be launched in South Korea this summer, followed by releases in Europe, the Middle East, and the Asia-Pacific region. It is expected to […]

Investing

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