Two decades after the inception of the first gold-tracking Exchange-Traded Fund (ETF), optimism for the precious metal remains strong. George Milling-Stanley, the chief gold strategist at State Street and a key figure behind the groundbreaking SPDR Gold Shares ETF (GLD), recently shared his bullish sentiment regarding gold’s future potential. Speaking on CNBC’s “ETF Edge,” Milling-Stanley
In an era characterized by an overwhelming array of holiday-themed offerings, the Dwayne Johnson and Chris Evans starrer “Red One,” produced by Amazon MGM Studios, has made its mark at the box office, surpassing $100 million globally. Though the film had a somewhat lackluster debut in North America, earning $32.1 million during its opening weekend,
The financial landscape is perpetually evolving, stirring speculation and concern among institutions, stakeholders, and investors alike. Recently, Apollo Global Management, a behemoth in the alternative asset management sector, found itself at the center of attention, not just for its financial maneuvers but for potential leadership upheaval that could reshape its future. The intrigue heightened following
In an unprecedented move that exemplifies the confluence of modern art and the volatile world of cryptocurrency, Justin Sun, the founder of the cryptocurrency platform Tron, made headlines by purchasing Maurizio Cattelan’s provocative sculpture titled “Comedian” for a staggering $6.2 million. This work, simply a banana duct-taped to a wall, challenges traditional notions of what
Since the recent presidential election, a new player has captured the attention of the social media landscape: Bluesky. This platform, which has swiftly gained traction, presents itself as a formidable competitor to established giants like Elon Musk’s X (formerly Twitter) and Meta’s Threads. With a user base that has surpassed 21 million, Bluesky is certainly
Baidu, the prominent Chinese technology firm, recently reported a mixed but optimistic financial performance for the third quarter of 2023. Despite facing a 3% decline in revenue compared to a year ago, the company’s earnings for the quarter ending September 30 reached a commendable $4.78 billion. Notably, this figure exceeded analyst expectations, which estimated revenues
Billionaire Gautam Adani, the chairman of the Adani Group, finds himself at the center of a significant controversy as he faces serious legal challenges in the United States. Accusations of a multibillion-dollar bribery and fraud scheme have led to an indictment that includes Adani and several other prominent figures. The charges suggest a coordinated effort
MUBI’s latest cinematic endeavor, “Bring Them Down,” set to release in theaters on February 7, 2025, emerges as a striking exploration of human psyche and familial struggle. Directed by Christopher Andrews—his feature debut—the film bravely delves into the harsh realities faced by rural families as they grapple with legacy, conflict, and devastating secrets. Starring Oscar
The recent sentencing of Gary Wang, co-founder of FTX and its former technology chief, marks an important moment in the unfolding drama surrounding the collapsed cryptocurrency exchange. Last week, Wang received a sentence of time served followed by three years of supervised release on four counts, including conspiracy and wire fraud. This outcome solidifies his
The promise of AI in customer service is alluring: round-the-clock availability, lightning-fast responses, and the ability to handle countless inquiries simultaneously. But for customers, the reality doesn’t always live up to the hype. A new study from Acquire BPO suggests that AI may be skating on thin ice with consumers: 70% of people said they’d