Eight out of the ten largest companies by market cap are tech companies, and eight are American Iceland has the most billion-dollar companies per capita in the world, roughly 15 per million Within the past 6 months, the public companies with a market cap of at least $1 billion have added $16.6 trillion in value […]
Category: Reports
The wealth of the richest people in the world, a list mainly comprised of US tech billionaires, grew by an unprecedented amount following Donald Trump’s victory in the presidential election. Anticipating tax cuts, limited government reach, and deregulation in key sectors such as energy and transportation, the stock market rallied, while cryptocurrencies surged to record […]
2024 has been an interesting year for gold, which reached historical highs backed by the growing demand for assets seen as a safe haven at a time of persistent inflation, economic crises, and international conflicts. Despite the dip gold experienced in early October, a troy ounce has been trading for over $2,650 over the past […]
With counterfeit currency amounting to millions of bills every year, driven by advancements in printing technology, central banks have been enhancing their banknotes with various advanced security features. From holograms and hidden images to microprints and colour-shifting inks, these elements are designed to thwart even the most skilled fraudsters. However, not all currencies are equally […]
In today’s digital world, tech giants such as Apple, Google, Microsoft, and Nvidia power nearly every aspect of our lives. However, behind the digital services and devices we use daily, these tech companies are running sprawling data centres, global offices, and production facilities that consume staggering amounts of energy. In fact, their power consumption is […]
As inflation gradually eases in 2025, central banks across major economies have cautiously begun lowering interest rates. Yet, for many prospective homeowners, the cost of borrowing remains prohibitively high, keeping dreams of property ownership out of reach. In more prosperous nations, where mortgage rates have dipped in tandem with resilient average incomes, buyers are beginning […]
AI startup OpenAI recently revealed that its groundbreaking chatbot, ChatGPT, has reached 300 million weekly active users, doubling the number it had in September 2023. This rapid growth has made ChatGPT one of the fastest-growing and most popular apps of all time. Beyond answering basic questions, this powerful tool can compose entire essays in seconds, […]
Gold prices have surged to unprecedented levels, with spot gold briefly touching an all-time high of $4,381 per troy ounce in October, 2025. This marks a significant increase from earlier in the year, driven by a confluence of geopolitical tensions, economic uncertainties, and shifts in central bank policies. These conditions have reinforced gold’s appeal as […]
In early June, Bitcoin surged to over $71,000 sparking widespread enthusiasm across the financial world and in crypto markets, in particular. The cryptocurrency hit an all-time high of $75,750 on March 14, marking a 178% increase from the same day in 2023. These bullish jumps in price did not go unnoticed and everyone from crypto […]
Last year, the tech industry faced a brutal wave of layoffs, with 167.6 thousand employees losing their jobs in the first three months alone, exceeding the total number of layoffs for all of 2022. This trend of job cuts has continued into 2024, driven by economic challenges, high interest rates, and rapid advancements in artificial […]