Investing

New research from Capgemini reveals high net worth wealth in Australia grew 7.9% in 2023, well above the global average of 4.7%. It is now valued at USD$1.05 trillion.

Flushed with recent success, Melbourne-based, ASX-listed Telix Pharmaceuticals is looking to jointly list in the US to capitalise on its strong American base.

Nvidia was valued at less than 2% of Apple just ten years ago.

Tuesday’s selloff was almost certainly not related to Monday’s technical error which briefly showed a 100% loss for Berkshire, but it was a puzzling loss.

Digital freight management startup Ofload has closed a $31 million funding round, with plans to roll-out its Carbon Analytics Platform.

GameStop shares soared after Gill posted a screenshot that appeared to show a $116 million position in the company.

Roaring Kitty, the social media handle used by trader Keith Gill, helped inspire 2021’s meme stock craze that saw shares of companies like GameStop and AMC Entertainment skyrocket.

French Gates disclosed she is stepping down from the Gates Foundation this week and investing a further $1.5 billion into women’s causes via Pivotal Ventures. $30m is pledged to former NZ PM Jacinda Ardern.

The price hikes make Spotify’s subscription service more expensive than rival Apple Music.

Berkshire Hathaway, the conglomerate helmed by billionaire Warren Buffett, did not in fact lose almost its entire $900 billion market capitalization.