Luxembourg Sovereign Wealth Fund Announces 1% Portfolio Allocation to Bitcoin ETFs
The Luxembourg sovereign wealth fund has reportedly invested 1% of its portfolio into Bitcoin ETFs, which is said to make it the first sovereign wealth fund in the Eurozone area to officially gain exposure to Bitcoin.
With the update, Luxembourg appears to be asserting its position as a first-mover among Eurozone countries by having its Intergenerational Sovereign Wealth Fund (FSIL) allocate 1% of its overall investment portfolio to Bitcoin ETFs.
Read MoreDow Jones Top Energy Headlines at 7 AM ET: Oil Falls as Gaza Deal Eases Geopolitical Risk Premium | Energy …
Oil Falls as Gaza Deal Eases Geopolitical Risk Premium
Oil prices fell after Israel approved the U.S.-brokered deal for a cease-fire and hostage release in Gaza.
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Energy & Utilities Roundup: Market Talk
Find insight on Seatrium, BP and more in the latest Market Talks covering energy and utilities..
Read MoreDow Jones Today: Stock Futures Tick Higher to End Week; Gold Recrosses $4,000
Stock futures pointed slightly higher Friday, a day after the three major indexes closed lower, while gold futures went back above $4,000 an ounce as the length of the U.S. government shutdown reached double digits.
Futures associated with the blue-chip Dow Jones Industrial Average, benchmark S&P 500,
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Read MoreUS stock market today: Dow, S&P 500, Nasdaq futures steady as shutdown drags on; Intel rises on price target upgrade, Applied Digital surges after strong revenue, gold edges …
US stock market today started on a cautious note, with investors waiting for fresh direction amid a government shutdown and the upcoming earnings season. Futures for major indexes were little changed early Friday as Wall Street paused to reassess after retreating from record highs.
Dow Jones Industrial Average (YM=F) futures rose 0.06% to 46,620,
Read MoreLG Electronics shares: Brokerages see up to 80% upside potential— what makes them bullish after stellar debut?
LG Electronics India: LG Electronics’ shares debuted at a solid premium of up to 50 per cent on Tuesday, October 14, and analysts believe the stock may still have significant upside potential. Several top brokerage firms in India are bullish on LG Electronics India, projecting gains of up to 80 per cent.
The Burst
1 High Dividend REIT You Can’t Ignore
REIT Federal Realty has a long history of dividend payments but with the real estate market still in the grips of high-interest rates, is FRT’s dividend worth buying?
The renowned real estate investment trust has over 60 years of experience and develops high-quality retail-based properties and mixed-use neighborhoods,
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Read MoreThe Ivy
Massive Buy Sign Flashing In Magnificent 7 Stock
If one trader with an awesome track record is right, a Magnificent 7 stock is about to start a rip roaring rally that will last for some time.
Remarkably, it’s also been one of the poorest performers this year, down 4% so far against a market rally in the S&P 5oo of 20%.
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Read MoreThe Spotlight
How Warren Buffett Makes $4 Billion a Year in Dividends
Bank of America
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