Category: Global Investing
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Jim Chanos has a warning for SpaceX investors — and his track record demands attention
SpaceX hits the stock market today riding over $100 billion in retail orders and a wave of institutional FOMO — but veteran short seller Jim Chanos isn’t buying the narrative. Bloomberg Opinion’s Lionel Laurent draws a sharp parallel between SpaceX’s IPO and Michael Saylor’s Strategy Inc., the Bitcoin-buying vehicle that Chanos shorted and which has…
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The Economist: Passport shopping, tax havens and a whole industry built around billionaire flight
Amid rising geopolitical uncertainty, the world’s wealthiest individuals are quietly redrawing the map of where they live – and why. A fast-growing industry of advisers is emerging to guide them through a complex web of visas, investment schemes, and shifting government policies. From sun-soaked tax havens to tightening Western regimes, countries are competing fiercely to…
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Kenneth Rogoff on BizNews: AI gold rush has winners and losers — Africa not in the running
Kenneth Rogoff, Harvard economist and former IMF chief economist, has seen enough financial booms and busts to know who gets left behind. Writing from San Francisco — where AI billboards jostle for space and engineers contemplate retirement at 35 — he turns his gaze outward. The AI revolution, he argues, is not just widening inequality…
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OpenAI plots biggest ChatGPT overhaul since launch
Key topics: ChatGPT to become a superapp with AI agents and coding tools OpenAI shifts focus to higher-margin business products ahead IPO Competition with Anthropic intensifies in enterprise AI market By Cristina Criddle in San Francisco $850bn start-up to recast hit chatbot as a route to higher-margin products before a potential IPO OpenAI is preparing…
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Michael Saylor’s Bitcoin strategy is unravelling
Key topics: Strategy faces strain as Bitcoin and stock fall; STRC below par First Bitcoin sale breaks “never sell” promise, signals funding stress Three-way conflict between investors, dividends, and capital raising strategy By Sidhartha Shukla Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that…
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When entitlement replaces enterprise: The Gen-Z economic threat
Key topics: Rise of Gen-Z socialism led by young, online-driven left-wing movements Push for price controls, wealth taxes and nationalisation across economies Critics say it threatens growth and is shifting mainstream centre-left politics From The Economist, published under licence. The original article can be found on www.economist.com © 2025 The Economist Newspaper Limited. All rights reserved. The Economist Something…
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The millionaire machine: How AI is supercharging the franchise industry
Key topics: Greg Flynn builds 3,000+ outlet franchise empire, $1bn+ fortune Franchising drives US economy, jobs, and “American dream” appeal Debate over model: profits, risks, worker wages, and regulation issues From The Economist, published under licence. The original article can be found on www.economist.com © 2025 The Economist Newspaper Limited. All rights reserved. The Economist When Greg Flynn graduated…
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Inside SpaceX’s $75bn IPO: AI, Mars & Musk’s iron grip
Key topics: SpaceX targets record $75bn IPO at $1.77tn valuation Musk retains control as critics raise governance concerns AI, Starlink and Mars plans drive ambitious growth strategy By Bailey Lipschultz SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk’s rocket, satellite and…
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“Unacceptable weakness”: UK parliament targets Palantir’s $445m NHS deal
Key topics: UK MPs urge ending Palantir NHS deal over dependency risks Military contract with Palantir faces scrutiny over tender process Concerns over privacy, political alignment, and digital sovereignty By Mark Bergen and Lucy White British members of parliament are calling on the government to end a major deal with Palantir Technologies Inc. and disclose more…
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The market is not a crystal ball: Why share prices mislead
Key topics: Challenge to efficient-market hypothesis in modern markets Meme stocks and retail flows show prices driven by sentiment Inelastic-markets theory: capital flows move prices, not fundamentals From The Economist, published under licence. The original article can be found on www.economist.com © 2025 The Economist Newspaper Limited. All rights reserved. The Economist “If economists wished to study the horse,”…
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Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
Key topics: Mega IPOs: SpaceX, Anthropic & OpenAI target $200bn+ listings Index funds may absorb shares slowly despite initial trading concerns High valuations and history suggest post-IPO underperformance risk From The Economist, published under licence. The original article can be found on www.economist.com © 2025 The Economist Newspaper Limited. All rights reserved. The Economist They promise to be the…
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SpaceX at $1.75tn: Musk’s Wall Street moonshot — or science-fiction risk for investors? | FT Unhedged
At $1.75 trillion, SpaceX is set to be the largest listing ever. Unhedged’s Katie Martin and Rob Armstrong are joined by Lex editor John Foley to discuss Elon Musk’s latest headline maker. The boy from Pretoria keeps remaking financial history. Listen here