Elon Musk's personal fortune is now equivalent to more than 4% of U.S. GDP, @robcyran.bsky.social calculates. John D. Rockefeller managed less than half that figure when he died in 1937. www.breakingviews.com/columns/cons...
Why ASML the monopolist doesn’t act like one @jen-johnson.bsky.social www.breakingviews.com/columns/cons...
What is Elon Musk's imagination worth? www.breakingviews.com/calculators/...
What's SpaceX really worth? Toggle away on Breakingviews' calculator www.breakingviews.com/calculators/...
AI bubble? Highest-rated Big Tech stock (12-month fwd PE) is Apple, i.e. the least AI-exposed... Meta and Microsoft in line with, or at a discount to, the S&P 500...
Middle Eastern oil🛢️exporters need a plan B. Building new pipelines, to get around the Strait of Hormuz, could cost $55 bln. Here's why it might be a sound investment for Saudi, UAE and Qatar, by @georgehay.bsky.social www.reuters.com/commentary/b...
Masayoshi Son represents fragile link in AI chain www.breakingviews.com/columns/big-...
Masayoshi Son represents fragile link in AI chain
His SoftBank empire has been integral to OpenAI achieving an $840 bln valuation. It puts the ChatGPT developer in a precarious spot. The Japanese billionaire’s company is running short on finan...
breakingviews.com
Gulf money will boost Europe's defence startups www.reuters.com/markets/asia... @georgehay.bsky.social
Breakingviews - Gulf money will boost Europe's defence startups
With the UAE alone hit by 2,000 Iranian strikes in two weeks, regional hubs like Dubai need better ways to repel unmanned craft. Firms like Germany's TYTAN and Ukraine's SkyFall could meet tha...
reuters.com
How insider-trading fears harm prediction markets www.reuters.com/commentary/b... @jen-johnson.bsky.social
Breakingviews - How insider-trading fears harm prediction markets
Six Polymarket accounts may have made $1.2 mln betting on the ouster of Iran’s leader, in trades funded hours before an air strike killed him. Worries about unfairly clued-up counterparties may...
reuters.com
"What emerges may be a wounded Iran, but a bleeding Iran could prove just as dangerous -- and perhaps more unpredictable -- than the establishment that entered this conflict." www.reuters.com/world/middle...
Iran bets on endurance, energy disruption to outlast US, Israel
Iran's strategy is stark: Unleash drones and missiles, cut vital energy routes and jolt markets.
reuters.com
Banks’ capital steroid use warrants extra scrutiny www.breakingviews.com/columns/big-... @liamproud.bsky.social
Banks’ capital steroid use warrants extra scrutiny
Lenders from Barclays to BNP have struck 'risk transfer' deals covering $885 bln of loans, flattering their equity ratios. The European market could double in size. As usage grows, though, so does the...
breakingviews.com
For all the talk of cryptocurrencies going mainstream, this is the wobbly pillar on which the edifice rests: Tether’s stablecoin has a shrinking cash buffer and has parked more of its assets in bitcoin, gold and other illiquid investments. Via @liamproud.bsky.social www.reuters.com/commentary/b...
Stablecoin giant is crypto’s fragile foundation www.breakingviews.com/columns/big-... @liamproud.bsky.social
Stablecoin giant is crypto’s fragile foundation
Tether, with $184 bln in issue, dominates dollar-pegged tokens. Yet its equity buffer has shrunk while investments backing the coin are riskier. As bitcoin falls, the risks of a panic are rising. That...
breakingviews.com
Bitcoin ETF holdings are massively under water. Separately, half of all bitcoin in circulation is now worth less than its most recent on-chain purchase price
Bitcoin now trails German, UK and U.S. stocks over a two-year period. Gap much bigger (in stock markets' favour) if you include dividends, which this chart doesn't
Artificial intelligence will hurt incumbent software, data and professional services companies. But it won't destroy them outright. At least, that's what public-market investors seem to think www.breakingviews.com/columns/big-...
YouTube is eating TV (streamers too) - and there's not much that traditional broadcasters can do about it @jen-johnson.bsky.social www.reuters.com/commentary/b...
The US immigrant population generated more in taxes than they received in benefits from all levels of government every year from 1994 to 2023. The Cato study provides the first-ever 30-year analysis of the fiscal effects of immigration on government budgets. https://ow.ly/jy8a50Y8kM3
CVC pays up for a more credible growth story www.breakingviews.com/columns/brea... @liamproud.bsky.social
CVC pays up for a more credible growth story
The Europe-focused buyout giant has agreed to take over US credit shop Marathon for up to $1.6 bln. The price looks rich. But CVC President Peter Rutland at least gets a business that will boost his f...
breakingviews.com
What Ukraine’s resilient banks can teach Zelenskiy @pierrebri.bsky.social www.reuters.com/commentary/b...
Could Europe sell its $14 trln of US financial assets to pressure Trump on Greenland? Not really www.breakingviews.com/columns/brea...
It's the final day of the 13 Days of Predictions from @breakingviews.reuters.com. Here's my recap: www.reuters.com/commentary/b... And download the full e-book here: newslink.breakingviews.com/join/5aq/pre...
Breakingviews - Gain and pain will battle for leading role in 2026
In 2025, tech optimism overpowered tariff gloom to keep economies growing and markets buoyant. In the coming 12 months, state stimulus and corporate exuberance will again clash with political dysfunct...
reuters.com
Introducing ‘Predictions 2026’, a new e-book from Breakingviews laying out the deals, companies, people and market moves that will shape the year ahead. Access the book 👉 reut.rs/3YDKKwu Or read articles online 👉 reut.rs/45puKSz
As the world enters 2026, Breakingviews columnists map out how powerful forces of macroeconomic stimulus, exuberance over artificial intelligence and corporate dealmaking could interact with tensions between great powers, financial gravity and political dysfunction in the coming 12 months.
reut.rs
The biggest M&A deal ever. A crypto bailout. Just some of the things Breakingviews columnists predict for 2026 in a new e-book, ‘Far Side of the Boom’. Access the book 👉 reut.rs/3YDKKwu Or read articles online 👉 reut.rs/45puKSz
As the world enters 2026, Breakingviews columnists map out how powerful forces of macroeconomic stimulus, exuberance over artificial intelligence and corporate dealmaking could interact with tensions between great powers, financial gravity and political dysfunction in the coming 12 months.
reut.rs
Introducing ‘Predictions 2026’, our e-book laying out the deals, companies, people and market moves that will shape the year ahead. Access the book 👉 reut.rs/3YDKKwu Or read articles online 👉 reut.rs/45puKSz
Corrective to the Big Tech AI leverage fears: Even if all next year’s capex was funded with debt, the five hyperscalers' combined borrowings would still be just 1 times EBITDA. And aside from Oracle, CDS have not risen v much www.reuters.com/commentary/b...
Commentary | The case for a big, one-off wealth tax www.reuters.com/commentary/b...
Breakingviews - The case for a big, one-off wealth tax
Cash-strapped Western states must invest in their militaries and green energy. With the top 1% increasing its grip on wealth, and paying little tax, soaking the rich looks justified. But a chunky one-off levy makes more sense than an annual charge, which is vulnerable to dodging.
reuters.com
Tether megaraise may mark peak of stablecoin party - www.breakingviews.com/columns/brea... @liamproud.bsky.social
