$71,235,000 at the Inglis Premier Yearling Sale in Melbourne

$71,235,000 at the Inglis Premier Yearling Sale in Melbourne

A sublime three days of trade at Oaklands has seen almost every conceivable record smashed as the Premier Yearling Sale took on a new level of success. In a stunning auction: *The sale saw spectacular overall growth, with the gross of $71,235,000 a 25% year-on-year increase and beat the previous Premier gross record of $60.6m […]

Uber Robotics

Uber Robotics

Uber is spinning off the sidewalk robotics division of the Postmates delivery service acquired last year, creating a new company called Serve Robotics. A statement Tuesday from Serve said it had an unspecificed amount of seed funding from venture capital firm Neo with participation by Uber and other investors. Serve Robotics “will continue spearheading the […]

Instacart Working Towards IPO

Instacart Working Towards IPO

Instacart announced a new investment round Tuesday which values the fast-growing grocery delivery startup at $39 billion — more than double the valuation of just five months earlier. The California startup said the coronavirus pandemic has highlighted the value of its service which is partnered with hundreds of retailers in the United States and Canada. […]

Can Geely Auto be the Electric Vehicle King

Can Geely Auto be the Electric Vehicle King

Chinese-owned Swedish automaker Volvo said Tuesday it will produce only electric vehicles by 2030 and sell them all exclusively online. Volvo is among a growing crop of companies planning to ditch fossil fuel vehicles in the next few years, as demand for zero-emission cars rises and governments put pressure on firms to cut pollution. Indian-owned […]

200 billionaires were created in China last year

200 billionaires were created in China last year

More than 200 billionaires were created in China last year as booming stock markets and a flood of new listings offset the ravages of the virus pandemic, according to a global tally released Tuesday. The size of China’s exclusive billionaire’s club has almost doubled in the past five years as the world’s number two economy […]

The World’s Biggest Central Banks Ignoring Inflation Warnings

The World’s Biggest Central Banks Ignoring Inflation Warnings

#inflation The world’s biggest central banks say they will live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be proved wrong. After a 10 yrs of underestimating inflation, central bankers in the US, Europe and Japan have every reason keep money taps open […]

United Orders 25 more Boeing 737 MAX

United Orders 25 more Boeing 737 MAX

United Airlines reached an agreement to purchase 25 more Boeing 737 MAX aircraft for delivery in 2023, the carrier said Monday, in a sign of an expected post-coronavirus travel industry recovery. The contract brings United’s total order book on the MAX to 188 and also represents a vote of confidence in the jet, which was […]

China is Ramping Up Economy

China is Ramping Up Economy

Manufacturing activities outpaced expectations Manufacturing PMI was 50.6 in February and fell from 51.3 in January, but is still expanding. This signals some factory workers were still working during the Chinese New Year, where manufacturing activities sub PMI was 51.3 in the month, having fallen from 53.5 in the previous month. This should be the […]

Debt Swells, Bitcoin, Crypto and Gold are Must Owns

Debt Swells, Bitcoin, Crypto and Gold are Must Owns

The US has the largest deficit since World War II at 16% of GDP, and the Federal Reserve is financing virtually all of it, with a small contribution from financial corporations (mainly banks). Holdings of Federal debt securities by the Fed jumped by more than $3 trillion in the year through the third quarter. There […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

#PaulEbeling #WallStreet  $DIA $SPY $QQQ $SOX $RUTX $VXX “The Bull trend is still North, after last week consolidation, the new money will flow in” — Paul Ebeling What happened last week All major US stock market indexes consolidated and tested, as the DJIA catches up. And the news was overall good. The technicals S&P 500 like the PHLX Semiconductor Sector […]

What’s up with Dogecoin

What’s up with Dogecoin

The biggest news on Dogecoin is that Ebang International [NASDAQ: EBON] will be using its already established Bitcoin mining business to build its credentials in the Litecoin and Dogecoin mining sector. It is worth noting, however, that a fixed schedule for the same hasn’t been presented yet, with no immediate timeline set for launch. Chairman […]

China Data Shows Strong Growth

China Data Shows Strong Growth

Braving the virus test and challenges in domestic and international situations, the Chinese economy ended 2020 on solid footing, becoming the only major economy to achieve positive growth in the pandemic-ravaged year. Here are some related facts and figures from a communique released by the National Bureau of Statistics on Sunday. — GDP grew 2.3 […]

Trump Highlights Biden’s Failure

Trump Highlights Biden’s Failure

In his first public speech Sunday since leaving office, former U.S. President Donald Trump assailed Joe Biden’ leadership as president so far, vowed to further unite and strengthen the Republican Party and hinted at a possible presidential run in 2024. BASHING BIDEN PRESIDENCY Addressing the Conservative Political Action Conference (CPAC) in Orlando, Florida, Trump claimed […]

Asian Markets Rally

Asian Markets Rally

Equities rose in Asia on Monday as investors took a breather following last week’s heavy selling, with a drop in US Treasury yields giving markets some much-needed stability, while the passage of Joe Biden’s stimulus through the House provided some cheer. However, observers warned that trading floors were still gripped by fears the expected global […]

Biden Backs Amazon Union

Biden Backs Amazon Union

US President Joe Biden on Sunday backed the right of Amazon workers to unionize, but stopped short of explicitly encouraging them to form a union. Workers at an Amazon warehouse in Alabama began voting in February on whether to form the first American union at the e-commerce giant that could pave the way for further […]

Bitcoin Trading Update, Get Ready to Buy

Bitcoin Trading Update, Get Ready to Buy

We are looking for an entry sub $40000 Bollinger Bands are 118.80% wider than normal. The large width of the bands suggest high volatility as compared to BTC’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in […]

500.com Limited (NYSE:WBAI) Bets Big on Crypto Mining

500.com Limited (NYSE:WBAI) Bets Big on Crypto Mining

500.com Limited (NYSE:WBAI) (“500.com” or the “Company”), a China-based enterprise committed to developing cryptocurrency mining businesses, today announced that it has entered into a definitive agreement with a subsidiary of BitDeer (the “Seller”) to purchase 1,923 S17 Bitcoin mining machines for a total consideration of RMB31.3 million (approximately US$4.9 million). These mining machines are deployed and […]

Big Day for Swettenham Stud at Inglis Melbourne Premier Sale

Big Day for Swettenham Stud at Inglis Melbourne Premier Sale

It was a very strong start to the Melbourne Premier Sale with an average of $144,109 and a clearance rate of over 83% – an excellent job done by Inglis and vendors backed by a strong buying bench. Swettenham Stud were thrilled with the results of the progeny of their stallions and look forward to […]

Another Weekend of Winners for Larneuk

Another Weekend of Winners for Larneuk

Larneuk Sires have again proved their worth over the weekend with winners in 2 countries, Australia and Singapore. High Limit by the award winning Sire O’lonhro powered to victory in Singapore on Saturday he is now 49 starts, 4 – 5 – 6 $135,149. O’lonhro has had good success in February, Lady Solly claiming a […]

Asia Prefers China’s Sinovac in Coronavirus Fight

Asia Prefers China’s Sinovac in Coronavirus Fight

When a plane carrying Thailand’s first batch of COVID-19 vaccines from China’s Sinovac landed at an airport here on Wednesday, people waiting on the tarmac cheered and applauded. “Thank you to the People’s Republic of China for delivering the first batch of vaccines this month and the following batches in the subsequent months,” said Thai […]

Inflation Created by Printing Money Will Not Hurt Gold and Bitcoin

Inflation Created by Printing Money Will Not Hurt Gold and Bitcoin

Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts believe Europe faces much less of a risk than the United States. Fears that US President Biden’s $1.9 trillion stimulus plan — which was passed by the House of Representatives on Saturday — will […]

“NFT” — a Non-Fungible Token — a virtual object

“NFT” — a Non-Fungible Token — a virtual object

Fans have been flocking by the thousands to the Top Shot online platform to buy short videos of dramatic sequences from professional basketball games, as a new virtual market enjoys astonishing success among collectors, sports fans and art lovers. To the untrained observer, one video clip showed NBA superstar LeBron James in one of his […]

Winston Churchill Painting Heads to Christie’s

Winston Churchill Painting Heads to Christie’s

Hollywood’s Angelina Jolie and Britain’s iconic wartime prime minister Sir Winston Churchill, a keen artist who took inspiration from the Moroccan city of Marrakesh, are combining for a March 1 date at Christie’s auction house in London. “The Tower of the Koutoubia Mosque”, an oil painting Churchill produced during a World War II visit, is […]

Warren Buffett Still Betting on America

Warren Buffett Still Betting  on America

Warren Buffett reaffirmed his fervent belief in the American Dream in a letter to investors published Saturday — advising them never to bet against the country despite its many problems. “In its brief 232 years of existence, there has been no incubator for unleashing human potential like America,” he said in the message to investors […]

WeWork is Back

WeWork is Back

SoftBank Group said Saturday it reached a settlement with WeWork co-founder Adam Neumann and other investors in the office sharing giant, amid reports that the deal would give the ex-CEO an extra $50 million. SoftBank Group did not release details of the agreement that puts to rest a bitter dispute emerging from the Japan-based firm’s […]

Musk Vs Gates: Who is Right on Bitcoin

Musk Vs Gates: Who is Right on Bitcoin

While Elon Musk has been driving a buying frenzy in the cryptomarket, anyone who has less money than the richest person on the planet should avoid investing in bitcoin, multi-billionaire Bill Gates says. To be clear, I am *not* an investor, I am an engineer. I don’t even own any publicly traded stock besides Tesla. […]

Scorched Earth Wins Magic Millions SA 2YO Classic

Scorched Earth Wins Magic Millions SA 2YO Classic

Sent out the easing favourite after a brilliant last start second in the Group Three Blue Diamond Prelude for fillies, Scorched Earth led from start to finish in a dominant performance. When asked to accelerate at the top of the straight the Nicconi filly streaked clear of her rivals. At the post the margin was […]

IMF Pushes Global Money Printing, Bitcoin and Gold will Benefit

IMF Pushes Global Money Printing, Bitcoin and Gold will Benefit

International Monetary Fund Managing Director Kristalina Georgieva has called for strong G20 policies to counter ‘dangerous divergence’. “Today, powered by advancements in vaccinations and your strong monetary policy and fiscal actions, the world economy is on the path of recovery. Growth prospects for this year, enhanced by sizable additional stimulus in some large economies, are […]

Digital Markets to Continue to be Covid Driven

Digital Markets to Continue to be Covid Driven

With an estimated market value of $350 billion today, the array of emerging digital solutions for life after COVID is likely to be worth over $3 trillion by 2025, according to UNCTAD’s Technology and Innovation Report 2021, which examines the crucial issue of technological change and inequality. It warns of serious implications for developing countries […]

Winning Weekend for Inglis on Eve of Sale

Winning Weekend for Inglis on Eve of Sale

Small-time breeder Travis Kelly was in “a bloody big state of shock’’ after he and his wife Rebecca’s homebred Lunar Fox (Foxwedge) won today’s stallion-making $1m G1 Australian Guineas at Flemington. “What do I feel? I’m numb. I don’t know what I feel to be totally honest,’’ Kelly said as the reality started to sink […]

Xinjiang Uygur Autonomous Region Political Lies

Xinjiang Uygur Autonomous Region Political Lies

The Dutch House of Representatives recently passed a Xinjiang-related motion, after a similar move from the House of Commons of Canada — a smear campaign and gross interference with China’s internal affairs. The so-called “genocide” declared in the motion, the slander against China over affairs involving Xinjiang Uygur Autonomous Region, simply cannot be pinned to […]

Nikola, Milton and the SEC

Nikola, Milton and the SEC

Electric auto startup Nikola acknowledged Friday that the company or its founder had made several false statements, confirming elements of an investor report that sharply criticized the company. The company said nine statements by Nikola or founder and former executive chairman, Trevor Milton, were “inaccurate in whole or part,” according to a securities filing. The […]

Robinhood, Gamestop $GME and the SEC

Robinhood, Gamestop $GME and the SEC

Stock trading app Robinhood on Friday confirmed it is cooperating with inquiries from US regulators into its decision to temporarily throttle purchases of shares in companies such as GameStop during frenzied trading in January. The free brokerage platform is facing inquiries from federal financial regulators, state attorneys general and the US Congress, according to a […]

Non-Fungible Tokens (NFTs) News

Non-Fungible Tokens (NFTs) News

Three-time Grammy® Award-winning and multi-platinum-selling artist Pentatonix partners with Sweet to launch their first ever digital collectibles set in celebration of the release of their new original album, The Lucky Ones. You can purchase and stream the album here. This marks their first foray into blockchain digital collectibles, leveraging Sweet’s leading Non-Fungible Token (NFT) platform. […]

J.P. Morgan Asset Management Launches Two Hedged Equity Funds: JHQDX and JHQTX

J.P. Morgan Asset Management Launches Two Hedged Equity Funds: JHQDX and JHQTX

J.P. Morgan Asset Management today announced the launch of two Hedged Equity funds: JPMorgan Hedged Equity 2 (I-Shares: JHQDX) and JPMorgan Hedged Equity 3 (I-Shares: JHQTX) (collectively, the “funds”). Employing the scale and expertise of J.P. Morgan’s Global Equities platform, both funds seek broad S&P 500 equity exposure while hedging overall market risk relative to traditional […]

Airbnb and DoorDash Vs Covid 19

Airbnb and DoorDash Vs Covid 19

Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies, each of the tech industry darlings logging losses as they ride out the pandemic. Home-sharing platform Airbnb lost less money than expected by financial analysts, and was optimistic the travel industry was showing signs of recovery after being crushed by the […]

India is Back to Growth

India is Back to Growth

India’s economy grew 0.4 percent year-on-year in the final quarter of 2020, official data showed Friday, ending its first recession since independence as easing coronavirus restrictions sparked a modest recovery. The country has struggled to claw back lost ground after a stringent, months-long lockdown caused the labour market to collapse and the economy to contract […]

More Regulator Manipulation of Gamestop

More Regulator Manipulation of Gamestop

$GME #GameStop shares have again soared, surging by more than 100 percent until a trading halt slowed the rally before markets closed, stoking suspicions among small investors, some pointing to mysterious Reddit issues during the spike. The sudden trading pause was met with outrage by some investors, one even calling for a Congressional probe into […]

Huawei Going Strong

Huawei Going Strong

Chinese telecoms giant Huawei is enjoying an extended honeymoon with oil-rich Gulf nations, despite being criticised in the United States and Europe as a potential security threat. Arab Gulf countries — strategic partners of Washington that are seeking to diversify their economies — are investing heavily in the sector as their appetite for technology grows. […]

Qantas in Trouble

Qantas in Trouble

Australian carrier Qantas reported a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights would not resume until October as the pandemic continued to devastate the industry. The country’s biggest airline said it suffered an underlying loss of Aus$1.1 billion (US$858 million) in the six months to December […]

Regulators Crack Down on US Crypto Brokers

Regulators Crack Down on US Crypto Brokers

New York state authorities said they reached an agreement to shut down activities of two cryptocurrency trading platforms which hid an estimated $850 million in losses. The writing is on the wall to get your Crypto out of the USA. State Attorney General Letitia James said the agreements this week with Bitfinex and Tether would […]

Kyoto University Start Ups

Kyoto University Start Ups

 Kyoto University, one of the highest research and educational institutes of Japan, has successfully achieved breakthrough innovations in science and technology. In order to accelerate the conversion from science to society, Kyoto University has been committed to supporting entrepreneurs to start businesses with cutting-edge technologies and inventions that they have discovered. One of the initiatives […]

Vinco Ventures, Inc. (NASDAQ:BBIG) is a Buy

Vinco Ventures, Inc. (NASDAQ:BBIG) is a Buy

ZASH Global Media and Entertainment Corporation (“ZASH“), the entertainment industry disrupter led by co-founders Ted Farnsworth, financier and former MoviePass Chairman, early Musical.ly investor Jaeson Ma, and early Triller visionary and board member, Vincent Butta, has entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited (“Lomotif“), the Singapore-based top video-sharing […]

Cracks Appear in Money Printing Model, Bitcoin Looks Better then Ever

Cracks Appear in Money Printing Model, Bitcoin Looks Better then Ever

Rising inflation has spooked stocks and pushed up the cost of government borrowing, leading some analysts to wonder whether the long bull run on financial markets might finally be coming to an end and highlighting the value of Bitcoin. An economic monster in the second half of the 20th century, inflation has not been a […]

Hong Kong is Killing it’s Stock Exchange

Hong Kong is Killing it’s Stock Exchange

Hong Kong hiked stamp duty on stock trades Wednesday in a step towards increased taxes, more regulation and an end to the business friendly city a record budget deficit, sending the local equity market tumbling. The business-friendly financial hub, which prides itself on low taxes and no capital gains tax, has been battered for two […]

Inglis Digital Hits $100m

Inglis Digital Hits $100m

A gross of $2.17 million in the February (Late) Online Sale has seen the Inglis Digital platform reach a historical milestone of $100 million in total turnover since its launch in May 2017. It also brings the overall 2021 figure to $9.3 million, while the clearance rate was again strong at 78%. 4YO gelding Heyington […]

USA is Still Stimulus Dependent

USA is Still Stimulus Dependent

U.S. Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that U.S. economic recovery remains uneven and far from complete, and the path ahead is highly uncertain. “The resurgence in COVID-19 cases, hospitalizations, and deaths in recent months is causing great hardship for millions of Americans and is weighing on economic activity and job creation,” […]

Cloud is Taking Over

Cloud is Taking Over

Eighty-one percent of adopters agree the pandemic has accelerated their organization’s shift to XaaS from traditional IT, and 55% report that the crisis is causing their organization to invest more in XaaS than initially planned. Seventy-five percent of respondents report their organization already runs more than half of its enterprise IT as-a-service. Six in 10 […]

Companies in the Bitcoin Mining Space

Companies in the Bitcoin Mining Space

For the first time in its history, the world’s most popular cryptocurrency, Bitcoin (BTC), surpassed the US$50,000 mark. Cryptocurrencies are gaining support from all types of large firms, from automakers, to credit card companies, to big banks. However, with the increased demand, a new issue has arisen, in the form of a global chip shortage […]

Bitwise (OTCQX: BITW) Crypto Funds Surge as Bitcoin Consolidates

Bitwise (OTCQX: BITW) Crypto Funds Surge as Bitcoin Consolidates

 Bitwise Asset Management, a leading provider of index and beta crypto funds, announced today that it recently surpassed $1 billion in assets under management (AUM) across its fund family. Bitwise manages the largest crypto index fund in the world (OTCQX: BITW) and the first DeFi index fund in the world, amongst a growing family of […]

Code Chain (NASDAQ:CCNC) Buy 10,000 Bitcoin Mining Machines

Code Chain (NASDAQ:CCNC) Buy 10,000 Bitcoin Mining Machines

Code Chain New Continent Limited (the “Company” or “Code Chain”) (NASDAQ:CCNC), a leading eco-technology company, today announced that the Company has entered into a purchase agreement (the “Agreement”) with Chengdu RiZhanYunJisuan Co., Ltd. (the “Seller”) pursuant to which the Company will purchase 10,000 Innosilicon T2T Bitcoin mining machines for approximately RMB 40 million (approximately USD […]

Yellen Attacks Bitcoin, Time to Buy

Yellen Attacks Bitcoin, Time to Buy

Bitcoin tumbled Tuesday from its record-breaking run after US Treasury Secretary Janet Yellen warned that the “highly speculative” unit could be used for “illicit” purposes, Yellen is a Politician talking up the Anti-Bitcoin line, this should concern you. While absolutely nothing she said was true she maybe be laying the ground work to ban Bitcoin, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

#PaulEbeling #WallStreet  $DIA $SPY $QQQ $RUTX $VXX “The Bull trend is still North, the money continues to flow in” — Paul Ebeling What happened last week All major US stock market indexes consolidated and held. The DJIA is catching up and it recovered more than 200 pts off of its lows. Looking at some important groups, and taking the indexes […]

China Addresses the Biden Administration

China Addresses the Biden Administration

Chinese State Councilor and Foreign Minister Wang Yi on Monday called on U.S. policymakers to abandon biases, give up unwarranted suspicions, and move to bring the China policy back to reason to ensure a healthy and steady development of China-U.S. relations. Wang made the remarks when delivering a speech at the opening of the Lanting […]

More Trouble for Boeing

More Trouble for Boeing

The US Federal Aviation Administration ordered extra inspections Sunday of some Boeing 777 passenger jets, after a United Airlines flight suffered engine failure a day earlier, scattering debris across a Colorado community. FAA Administrator Steve Dickson said the order meant some 777s would “likely” be removed from service. He said he had consulted with his […]

Australia Teaching the World how to Fight Facebook

Australia Teaching the World how to Fight Facebook

Australia’s health department will no longer advertise on Facebook, it has announced, the latest escalation of the government’s feud with the social media giant, which continues to block news content from its platform in the country. The freeze comes as Australia begins to promote its newly launched Covid-19 vaccination rollout with a nearly US$20 million […]

The Equality Act Attacks Women and Christianity

The Equality Act Attacks Women and Christianity

Family Research Council responded today to the White House giving support to H.R. 5, deceptively titled “The Equality Act,” which was introduced yesterday in the U.S. House of Representatives and is scheduled for a vote next week. Family Research Council President Tony Perkins made the following comments: “To wrest special privileges for sexual orientation and […]

Baidu, Inc. (NASDAQ:BIDU) is a Buy

Baidu, Inc. (NASDAQ:BIDU) is a Buy

Baidu, Inc. (NASDAQ:BIDU) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020. “Baidu ended 2020 on a solid note with our business benefiting from improving macroeconomic environment and the digitalization of industrial Internet. Our focus on innovation […]

Inside the Bitcoin Rally

Inside the Bitcoin Rally

Invented 12 years ago by an unknown person or group of people under the name Satoshi Nakamoto, bitcoin started trading in 2009 as a crypto asset based on a decentralized blockchain-based network. The system is aimed at providing secure peer-to-peer transactions that are not subject to central-bank policies or regulations. In 2017, bitcoin’s first notable […]

Biden is a Debt Machine, Buy Bitcoin

Biden is a Debt Machine, Buy Bitcoin

And with success US Governments printing money like there is no tomorrow, Elon Musk is correct. Unfortunately there is a tomorrow and you will be spending or otherwise using your savings in that tomorrow, and if you keep cash the value will be severely hurt by Government money printing. Historically, when countries have simply printed money […]

UK Tax Increase Spells Disaster for England

UK Tax Increase Spells Disaster for England

Brexit was a chance to break free from Euro Socialism but the UK is set to take a step backwards by raising taxes. The British finance minister, Rishi Sunak, is reportedly planning to raise the tax on business to defray the costs of expanding the nation’s Covid-19 support package. The government is expected to increase […]

Artorius Wins the Blue Diamond Stakes

Artorius Wins the Blue Diamond Stakes

At just his third lifetime start the son of Flying Artie stormed home when pulled off the heels of runners in the straight to win in stunning style. An impressive last start winner at Sandown when he swept home, Artorius was sent out a strong each way chance in the Diamond and in the end […]

Golden Sixty Wins the Group One Hong Kong Gold Cup (2000m)

Golden Sixty Wins the Group One Hong Kong Gold Cup (2000m)

The champion galloper made it 13 straight wins and 16 from 17 lifetime starts with a last gasp win in another incredible performance. Despite getting back in the field and covering extra ground, Golden Sixty was able to produce a powerful finish to reel in minor placegetters Furore and Exultant. Regular rider Vincent Ho was […]

$1.5 million Riyadh Dirt Sprint to Copano Kicking and William Buick

$1.5 million Riyadh Dirt Sprint to Copano Kicking and William Buick

Copano Kicking leaves Matera Sky second again Japanese horses claimed a one-two in the US $1.5 million Riyadh Dirt Sprint sponsored by Saudi Arabian Airlines as Copano Kicking (USA) overhauled the luckless Matera Sky (JPN). Matera Sky had looked the likely winner for much of the way last year before being collared by the home-trained […]

$1.5 million Saudi Derby Goes to Japan

$1.5 million Saudi Derby  Goes to Japan

Pink Kamehameha maintains Hiduyuki Mori’s run Pink Kamehameha (JPN) ensured that both Japan and trainer Hideyuki Mori retained the US $1.5 million Saudi Derby sponsored by Al Rajhi Bank with a three-quarters of a length victory over Cowan (USA). The trainer had struck in last year’s inaugural renewal with Full Flat. Away alertly from post […]

John Gosden Trained Mishriff Wins $20m Saudi Cup

John Gosden Trained Mishriff  Wins $20m Saudi Cup

British-trained colt shines for Prince Faisal and David Egan The John Gosden trained Mishriff (IRE), who is named after his owner Prince A A Faisal’s best friend, went one better than his second place finish in last year’s Saudi Derby when he caught Charlatan (USA) in the final 100m to win the US $20 million […]

Workplace Assault on Privacy

Workplace Assault on Privacy

People returning to work following the long pandemic will find an array of tech-infused gadgetry to improve workplace safety but which could pose risks for long-term personal and medical privacy. Temperature checks, distance monitors, digital “passports,” wellness surveys and robotic cleaning and disinfection systems are being deployed in many workplaces seeking to reopen. Tech giants […]

Bitcoin to $100,000

Bitcoin to $100,000

The total value of all bitcoin topped $1.0 trillion on Friday, capping a spectacular record-breaking week for the world’s most popular cryptocurrency. With more than 18.6 million bitcoins mined since the digital currency was launched in 2009, the entire market is now worth $1.015 trillion, according to data provider Coinmarketcap.com. Knightsbridge, the Crypto broker offering […]

Larneuk: Racing’s Quiet Achiever

Larneuk: Racing’s Quiet Achiever

4 of the weekend’s biggest feature races feature Larneuk bred horses, from Larneuk Sires, given the relatively small number of horses produced on the farm that statistic speaks to a much bigger story. Neville Murdoch and his team at Larneuk are outperforming the market in almost every measure week after week. But if you know […]

Gold is the Buy

Gold is the Buy

Falcon Gold Corp. (TSX-V: FG) (OTC: FGLDF), Agnico Eagle Mines Limited (NYSE: AEM), Novo Resources Corp. (TSX: NVO) (OTC: NSRPF), International Montoro Resources Inc. (TSX-V: IMT), B2Gold Corp. (NYSE: BTG) Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven […]

The Moke is back, baby!

The Moke is back, baby!

With President Biden’s announcement of a government EV fleet, GM’s EV Super Bowl commercial and Ford’s vow to phase out gas powered cars by 2030, we’re seeing electric cars everywhere. One company has been behind the wheel propelling the change, MOKE America. Founded by Todd Rome in late 2016, MOKE America’s cruisers have become synonymous […]

Boom Supersonic Appoints Former Boeing CEO Phil Condit and IDEO’s Executive Chair Tim Brown to Advisory Council

Boom Supersonic Appoints Former Boeing CEO Phil Condit and IDEO’s Executive Chair Tim Brown to Advisory Council

 Boom Supersonic, the aerospace company building the world’s fastest and most sustainable commercial airliner, today announced that it has appointed two renowned leaders to the Boom Advisory Council: Phil Condit, former chairman and CEO of The Boeing Company, and Tim Brown, executive chair of celebrated design firm IDEO. Boom continues to build its council of […]

The Marijuana Hot Stocks

The Marijuana Hot Stocks

After finding themselves down for much of last year, cannabis and CBD stocks are once again seeing intense momentum. In the short term, we have Reddit’s WallStreetBets to thank for some of the industry’s recent surge, as the notorious investing forum set its sights on cannabis stocks after promoting AMC and Gamestop. However, there are […]

Inside America’s Housing Boom

Inside America’s Housing Boom

Home values continue to rise at a historic monthly pace, growing 1.1% from December to January – Zillow economists predict 7 million home sales this year, nearly 25% more than in 2020 – Phoenix is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros […]

Changes to China Stocks

Changes to China Stocks

— The Chinese stock market kicked off the first trading day of the Year of the Ox with widespread gains. — As China steps up capital market reforms, Chinese stocks and bonds will become increasingly attractive to both domestic and international investors. — China’s financial opening up is running at full tilt despite the changing […]

It was a Good New Year in China

It was a Good New Year in China

China’s economy continued to gather steam during the Spring Festival period, although millions of people have stayed put for the weeklong holiday starting on Feb. 11, which usually sees mass migration across the country. The following are data highlights revealing China’s economic vitality during the holiday: — Consumer spending during the Spring Festival golden week […]

Rocket Tiger Set to Blast Off

Rocket Tiger Set to Blast Off

Rocket Tiger, the impressive son of promising Victorian Sire Cluster (Fastnet Rock) heads to Saturday’s Silver Slipper with a real chance of taking the race and moving on to the Golden Slipper. Raced by The Codfather Noel Penfold, the man who names most of his horses after the fish that made his fortune and has […]

Wolves a Howling Success for Wolf Cry

Wolves a Howling Success for Wolf Cry

Victorian Sire Wolf Cry has had 3 runners, but breeders are paying attention, 1 is a city winner and another in Group 2 placed. Wolves, ran third in the Blue Diamond Preview Group 2 and is headed for the $1.5m Blue Diamond Stakes Group 1 this Saturday at Caulfield. From 3 runners to have already […]

S&P/Experian Consumer Credit Default Update

S&P/Experian Consumer Credit Default Update

S&P Dow Jones Indices and Experian released today data through January 2021 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was two basis points higher at 0.48%. The bank card default rate rose nine basis points to 2.72%. […]

Saudi Cup News

Saudi Cup News

Saudi Arabian society is undergoing a transitional journey as the Kingdom welcomes more visitors from overseas to encourage a developing tourism industry. The concept of hospitality has deep roots in Saudi society and the Jockey Club of Saudi Arabia is proud to host our international visitors at The Saudi Cup 2021. First-time visitors to Saudi […]

Business Loves Dubai

Business Loves Dubai

DMCC – the world’s flagship Free Zone, business hub and Government of Dubai Authority on commodities trade and enterprise – announced record-breaking performance in 2020, despite the COVID-19 pandemic. Economic and commercial activities in the UAE continued their positive run in the first half of February 2021, reflecting the growing confidence of local and foreign […]

Might be Time to Buy Cruise Stocks

Might be Time to Buy Cruise Stocks

David Abel and his wife Sally might have had the cruise from hell last year on the coronavirus-hit Diamond Princess, but they can’t wait to get back to sea. A year after the ill-fated ship went into quarantine off Japan, the cruise industry is hoping passengers like the Abels will help steer them to calmer […]

Bitcoin the Record Breaker

Bitcoin the Record Breaker

Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street pushed further into record territory on mounting confidence of Covid-19 recovery. Bitcoin surged to $50,547.70 in midday European trading as an increasing number of corporate heavyweights back the world’s most popular virtual currency. The price of the cryptocurrency has soared 75 percent […]

Bitcoin at $50,000 is Just the Beginning

Bitcoin at $50,000 is Just the Beginning

Bitcoin reached $900 billion in market valuation last week for the first time ever, adding over $350 billion in 2021 alone. Today it broke the $50,000 barrier, but it is just getting started. Bitcoin Supply Crisis – More #Bitcoin taken off exchanges– Supply shrinking at ATH prices. – Institutional FOMO about to hit hard! pic.twitter.com/7hzo5XHHyy […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

#PaulEbeling #WallStreet  $DIA $SPY $QQQ $RUTX $VXX “The Bull trend is North, the money is flowing in record amounts” — Paul Ebeling What happened last week The US benchmark indexes: the S&P 500, DJIA and the NAS Comp, all all posted doji’s for the 3rd day running and edged up. They are working to consolidate laterally, hold the gains and […]

Mobile Games Boom in China

Mobile Games Boom in China

The top 30 Chinese mobile game publishers reported a surge in revenue last month thanks to their overseas market expansion. These game developers raked in over 2.3 billion U.S. dollars in worldwide revenues in January, a surge of 47.3 percent year on year, according to Sensor Tower, a mobile app data analysis firm. The figure […]

Coronavirus Variants in USA

Coronavirus Variants in USA

Nearly 1,000 infection cases of coronavirus variants have been reported in a total of 44 U.S. states, according to the latest data of the U.S. Centers for Disease Control and Prevention (CDC). The vast majority of these cases, 981, were caused by the variant known as B.1.1.7, which was originally detected in Britain. There were […]

Crown Resorts Up After CEO Resigns

Crown Resorts Up After CEO Resigns

One of Australia’s biggest casino groups has seen a boardroom exodus after being declared unsuitable to hold a gambling licence, with the CEO of Crown Resorts becoming the latest executive to resign on Monday. A public inquiry last week recommended Crown Resorts should be denied a licence to run a new multi-billion-dollar casino that dominates […]

Japan Economic Update

Japan Economic Update

Japan’s economy grew at a slower 3.0% in the October-December quarter, government data showed Monday, as the coronavirus pandemic weighed on the world’s third-largest economy. The economy shrank 4.8 percent in 2020 — its first annual contraction since 2009. Last year, virus restrictions and a 2019 consumption tax hike forced Japan into recession before a […]

Asian Markets Move Higher

Asian Markets Move Higher

Asian markets rallied again Monday, extending a global advance after another record on Wall Street as traders were cheered by the prospect of a huge new US stimulus as well as further falls in coronavirus infection and death rates. Tokyo was the standout performer, with the Nikkei 225 breaking through 30,000 points for the first […]

The Breeders’ Cup Dumps Lasix

The Breeders’ Cup Dumps Lasix

As 2021 kicks off with stakes races being run without Lasix at the leading racetracks and Thoroughbred racing events across the country, including the 2021 World Championships, Breeders’ Cup is pleased to announce that this year’s “Win and You’re In” Challenge Series races will be run without Lasix. Additionally, Graded Stakes points for the purpose […]

Dubai World Cup Update

Dubai World Cup Update

Racing at Meydan on Saturday was highlighted by a quality 1800m turf handicap, the Longines Spirit Collection Stakes, which would certainly not have been out of place at the 2021 Dubai World Cup Carnival, looked ultra-competitive on paper, but in reality proved a fairly straightforward assignment for Eastern World who demolished his 15, mostly toiling, […]

Big Weekend for Godolphin in Australia

Big Weekend for Godolphin in Australia

From Mike Hedge at Godolphin Two of the most talented members of Godolphin’s Australian team stepped up to significant challenges at Randwick on Saturday, 13 February, and emerged with reputations enhanced and with  the future beckoning. Colette, the G1 ATC Oaks champion of 2020 and winner last spring of the $7.5m Golden Eagle, resumed from […]

ExxonMobil, Chevron and ConocoPhillips Outlook Negative

ExxonMobil, Chevron and ConocoPhillips Outlook Negative

S & P lowered the credit rating for US oil giants ExxonMobil, Chevron and ConocoPhillips on Friday, citing higher risk to the industry due to oil price volatility and climate mitigation policies. The ratings agency cut the debt grade for the companies by one notch to “AA-” for ExxonMobil and Chevron, and to “A-” for […]

Larneuk the Little Farm with Big Results

Larneuk the Little Farm with Big Results

There is no doubt Larneuk has been building it’s place in the Australian racing scene and over the last couple of years the Euroa based Stud has been producing some exceptional winners. Wolves, Wanaroo, Paris Pike, Lady Solly, Rocket Tiger, Tarcoola Diva, King of Hastings, Larneuk has been on fire this year with horses bred […]

Purpose Bitcoin ETF

Purpose Bitcoin ETF

Canada’s main securities regulator has cleared the launch of the world’s first exchange-traded bitcoin fund, the investment manager and the regulator said Friday, giving retail investors greater access to the booming cryptocurrency. The Ontario Securities Commission gave Purpose Investments Inc. the nod to roll out the Purpose Bitcoin ETF (exchange-traded fund) on the Toronto Stock […]

Twitter and Jay-Z More Big Names Join the Bitcoin Choir

Twitter and Jay-Z More Big Names Join the Bitcoin Choir

Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making Bitcoin digital money “the internet’s currency.” Dorsey, who is also founder and chief of financial services and mobile payments firm Square, said in a tweet that he and Jay-Z are giving 500 bitcoin […]

1st Season Sires Australia: American Pharoah

1st Season Sires Australia: American Pharoah

Triple Crown hero American Pharoah is already a Champion First and Second Crop sire in the Northern Hemisphere, but here in Australia he’s just starting off and delivered an impressive winner at Warwick Farm on Wednesday in Head of State (2c American Pharoah x Derelique, by Danehill Dancer). A winner at the early season trials, […]

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