There’s no shortage of excitement for electric vehicle battery startups or multibillion dollar investments in the industry, as companies, backers and scientists look for the winning play. China, though, is already moving on to the next leg in the race
Clearly putting all your eggs into one basket (or one index) is a dangerous and risky thing to do. Had investors balanced their enthusiasm for Japanese stocks by also tracking a global index since 1989, they’d have been able to offset the Nikkei’s loss.
(Bloomberg Opinion) -- So far this year, the pandemic recovery limelight has been hogged by the U.S., and to some degree even the U.K. But move over you two English-speaking economies! It might be time for the European tortoise to catch up with the hares.
Maersk’s extraordinary financial results are being repeated across the industry. If freight rates keep rising, the container lines could collectively make $100 billion in operating income in 2021, according to Drewry Maritime Research.
There’s an irony in the rise of Bitcoin and other cryptocurrencies. They were supposed to usher in a new paradigm of finance, obviating the need to trust centralized institutions. Yet people are increasingly interacting with them through such institutions
Opening an antitrust action against a company whose service offers better choice and flexibility than its main rival would be a bizarre move. But that is exactly what a group of 36 state attorneys general did when they sued Alphabet Inc.’s Google
With overall employment appearing to bounce back, the argument by some politicians that overly generous enhanced jobless benefits are impeding the economic recovery is losing steam. Moreover, the extra cash will turn out to be a good thing in the long run
The rules of finance have been turned on their head in the meme-stock era. Now when a company’s prospects deteriorate and short sellers bet a stock will fall further, retail investors often ignore the financial fundamentals and pile in anyway
GameStop Inc. has been best known lately for the excitement it has generated with the Reddit crowd, and as one of the first of the big meme-stock winners. But for those willing to take a deeper look, there is something more going on...
It has only been a few months since Reddit-enabled retail investors, or what some unflatteringly refer to as “retail mob,” embraced GameStop and drove its valuation to the moon only to be frustrated by a sudden change against them in the rules of the game
Human behavior during Covid has upended one of the most fundamental assumptions of economics, even if economists haven’t yet come around to admitting it. In sum: People are worse at big, important decisions than previously thought, and better at small ones
The most important geopolitical project you’ve never heard of is called the Three Seas Initiative. It’s a joint endeavor by 12 eastern members of the European Union to update the physical and digital links between the Baltic, Adriatic and Black Seas
The Rubenstein Show