Author: Charlotte

SpaceX went public Friday in the largest IPO Wall Street has ever seen, and most retail investors who wanted shares didn’t get them. But here’s the surprise: you may already own a piece anyway, according to CNBC. Several actively managed mutual funds built large pre-IPO stakes in SpaceX. The Baron Partners Fund holds SpaceX at roughly 37% of its assets. Fidelity Contrafund, one of the largest mutual funds in America, holds SpaceX as its fifth-biggest position. If you have a 401(k) invested in either of these funds, you already own SpaceX. Index funds will catch up fast. The Russell 1000…

Helix Digital to Fix Fragmented Data Centre Infrastructure Trending Now Infrastructure Source link

Yuga Labs used its GrailsOTC trading desk to pull 68 blue-chip NFTs valued at more than $500,000 out of vulnerable Flooring Protocol pools before attackers could drain them.Yuga Labs completed a coordinated white-hat operation on Monday that secured 68 NFTs from an active exploit in Flooring Protocol, an Ethereum-based NFT liquidity platform. The rescued tokens, valued at more than $500,000 based on floor prices at the time of recovery, are now in Yuga’s custody pending a protocol fix.CEO Michael Figge disclosed the operation on X on June 8, listing the recovered assets: 29 Bored Ape Yacht Club NFTs, 4 Mutant…

India’s high-net-worth investors aren’t just asking about stocks anymore. At the ET Alpha Wealth Summit, a clear message emerged from the country’s top wealth managers: the appetite for diversification, across asset classes and geographies, is deepening, and the industry is rapidly building the infrastructure to match it.The panel discussion was on ‘Global or Local? The New Allocation Reality’. Lakshmi Iyer, Group President, Investments, MD & CEO, Bajaj Alternate Investment Management Limited, Rahul Jain, President & Head, Nuvama Wealth, Devina Mehra, Founder & CMD, First Global and Sid Swaminathan, MD & CEO, JioBlackRock Asset Management Company, took part in the discussion…

Smallcap funds and midcaps received an inflow of Rs 4,945 crore and Rs 4,385 crore respectively in May. On a monthly basis, these categories saw a decline of 28% and 33% respectively. “Although both categories witnessed lower inflows compared with April, the continued positive traction suggests that investors remain constructive on the long-term earnings potential of emerging businesses and are willing to maintain exposure to higher-growth segments despite valuation-related concerns,” said Srivastava. Source link

Cover Image Headway World Cup 2026: Headway Launches Trading Competition with $100,000 Prize Pool East London, South Africa, June 12, 2026 (GLOBE NEWSWIRE) — Headway, a global broker, today announced the launch of its Headway World Cup 2026. The company is combining the excitement of football with the energy of trading. Participants can build their dream teams, trade forex and crypto markets to earn coins, and compete for guaranteed prizes and raffle rewards, with a total prize pool of $100,000 and over 3,000 winners.  How the Promo Works Traders can register for the event through their Personal Area on the…

A man who was paralysed by a rare autoimmune disorder is encouraging more people to donate plasma after receiving life-saving treatment.Tony Newitt, 71, from Alcester in Warwickshire, was diagnosed last year with Guillain-Barre Syndrome, a rare condition that is thought to be caused by an over-reaction of the immune system.He was taken to University Hospitals Coventry and Warwickshire, where he received two treatments derived from donated plasma, which he described as “liquid gold”.Newitt said he was told he was unlikely to walk again, but he defied the odds and walked out of hospital in October and said the treatments were…

Yuga Labs-affiliated developers rescued 68 non-fungible tokens worth more than $500,000 after an exploit on Flooring Protocol put assets from major collections including CryptoPunks and Bored Ape Yacht Club at risk.The recovered NFTs have been secured by Yuga Labs and will be returned to their owners once a recovery process is finalised, according to the company.“The recovered NFTs are now in the company’s custody and will be returned once a solution is finalised,” Said Yuga Labs CEO, Michael Figge.Yuga’s vice president of blockchain, known by the pseudonym 0xQuit, said the recovery effort covered more than $500,000 worth of NFTs, with…

The Macroeconomics of Isolation: A Brutal Breakdown of the S Lavender Hotel Source link

Silver bulls target $69 on improved market mood Financial Mirror Source link