Author: Lucas

This AI data center infrastructure provider is on track to deliver remarkable growth over the next five years.The demand for artificial intelligence (AI) data centers is going through the roof and that’s turning out to be a massive tailwind for CoreWeave (CRWV 1.35%), a neocloud company that builds and deploys AI-first data centers powered by graphics processing units (GPUs). Companies looking to run AI workloads in the cloud can rent data center capacity from CoreWeave. They can train models, run AI inference applications and build, customize, and deploy AI applications without having to invest heavily in AI infrastructure and incur…

Ensign Peak Advisors’ portfolio has doubled in value since its COVID-19 low, with a $4.5 billion stake in an A.I. giant.(Illustration by Christopher Cherrington)Even for a portfolio that already boasts incredibly large numbers, the latest sums out of the chief investment arm of The Church of Jesus Christ of Latter-day Saints are impressive and record-setting.The account managed by Salt Lake City-based Ensign Peak Advisors topped $60.9 billion in the third quarter, the highest amount it has held since the faith began disclosing its contents in 2019.That’s after setting a record in the previous quarter, when it inched above $58.4 billion.…

More people are using pension drawdown to access their retirement savings. Nearly 350,000 people entered pension drawdown in 2024-25, according to the latest data from the Financial Conduct Authority – an increase of 26% on the year before. This continues the upward trend seen over the past five years, with drawdown sales rising by 78% since 2019-20 when 197,000 plans were taken out.Here we explore the pros and cons of pension drawdown and how to choose the best provider for you.Why is pension drawdown so popular?When you come to access money in your defined contribution pension, you can take 25% as a…

The Allan Labor Government is backing growth and innovation in Victoria’s automotive sector, with Australia’s largest automotive re-manufacturing company opening a new, state-of-the-art facility in Melbourne’s south-east.Minister for Industry and Advanced Manufacturing Colin Brooks today opened Walkinshaw Group’s new $114 million headquarters and expanded manufacturing facility in Dandenong South, boosting capabilities and confidence in Victoria’s world-class automotive supply chain, and creating 155 new local jobs.Walkinshaw Group has grown to become Australia’s largest automotive re-manufacturing company, specialising in vehicle enhancements and left-hand-drive to right-hand-drive conversions for global brands including General Motors, Toyota, Volkswagen and Isuzu.The 155 new jobs created at the…

The annual returns are ranked for multiple asset classes across equity, debt, precious metals and real estate. This map shows that no single asset class reigns supreme. Hence, diversification helps.Snapshot of 10-Year Investment Performance Trends Gold tops 10-year chart, mid caps in pursuitSilver witnessed a sharp rise in 2025, driven by robust industrial demand and a notable supply shortfall. Meanwhile, gold prices surged amid global macroeconomic uncertainties, widening fiscal deficits and currency depreciation. Large-cap equities outperformed, benefiting from their scale, stronger balance sheets, and earnings momentum, particularly in sectors like banking and financial services. In contrast, mid-cap and small-cap stocks…

Healthy result: The removal of GST has made health insurance premiums about 18% cheaper for individual buyers. | Photo Credit: Getty Images/iStockphoto When the government announced a 0% GST on retail health insurance premiums on September 22, it was welcomed as a move that would make protection more affordable. But in the weeks since, it has come to represent something far more significant.The reform has not only reduced the cost of buying health insurance but has also reshaped how Indians think about coverage itself. For the first time, the focus is shifting from “how much premium do I pay” to…

Ukraine’s long-distance armed drones struck a major Russian oil refinery and a military base for Moscow’s elite own UAV unit in an overnight assault, Kyiv said. Ukraine’s General Staff released video of the early Sunday strike showing the Novokuybyshevsk refinery, in Russia’s Samara region, after the latest drone assault on Moscow’s struggling oil facilities, the Kyiv Independent reported. The refinery is one of Russia’s 10 largest oil facilities, with the Novokuybyshevsk site producing an estimated 8.8 million metric tons of oil every year. Ukraine fires its long-distance drones at Russia’s major oil refinery in the Samara region Sunday. General Staff…

Algorithmic trading which has remained the preserve of large institutions could soon be open to India’s retail investors as well, with the market regulator proposing a framework with critical roles for brokers and stock exchanges.In a consultation paper floated on Friday, the Securities and Exchange Board of India (Sebi) suggested making algo trading available to retail investors through licensed brokers, who will register clients’ algorithms with exchanges, ensure compliance with rules, and watch for irregularities.In 2012, Sebi opened algorithmic trading for institutional investors through its Direct Market Access (DMA) facility. Its latest proposal aims to bring benefits such as faster…

Guyana is the only English-speaking country in the South America and it boasts extraordinary natural landscapes, making it the perfect tropical getaway as temperatures in the UK continue to drop. Positioned on the continent’s northeastern edge, the country remains one of the region’s least-visited destinations despite offering some of its most dramatic scenery.It has been referred to as the “Land of Many Waters” for a long time for its vast river systems, dense rainforest and extensive wetlands. Around 80% of its landmass is covered by untouched interior wilderness, supporting an ecosystem that is among the most biodiverse on the planet.One…

The AI boom shows no signs of slowing down.Growth stocks are still in style on Wall Street, and as long as the artificial intelligence (AI) trend is ongoing, I doubt there’s much that will change that fact. The fastest-growing stocks are all involved in the AI boom, and there are multiple businesses that look like excellent buys. My top two are Nvidia (NVDA +1.68%) and Taiwan Semiconductor (TSM +0.93%). Both of these companies are seeing huge growth thanks to the AI arms race, and their impressive performance doesn’t seem to be slowing down anytime soon. I think these two are…