Money
Where do the ultra rich spend their holidays?
In a world where luxury knows no bounds, the ultra-rich have unlocked the door to opulent holiday destinations hidden from the masses.
From remote private islands to exclusive mountain retreats, these global elites escape the ordinary in style.
Ever wondered where the world’s wealthiest individuals unwind when the rest of us settle for ordinary getaways? Brace yourselves for a peek behind the velvet curtain of extravagance as we delve into their holiday choices, shrouded in secrecy.
For those with pockets as deep as oceans, it’s no surprise that their vacation spots are equally bottomless. From Richard Branson’s Necker Island to the Maldives’ underwater hotels, these destinations redefine luxury. But what’s the true cost of such opulence, and can the rest of us dream of ever indulging?
The top 17 centi-millionaire seasonal hotspots include more than 10 U.S. cities.
Source: Visualcapitalist.com
Apart from these, we can see several French cities such as Paris, Nice, Cannes, and Antibes, as well as Portugal’s Golden Triangle and Lisbon on the list.
Global Centi-Millionaire Trends
Henley & Partners’ 2023 Centi-Millionaire Report states that the global centi-millionaire population is expected to grow by 38% in the next ten years, reaching nearly 40,000 by 2033.
This growth is likely to be witnessed in countries such as China, India, and Saudi Arabia. China’s Hangzhou and Shenzhen are expected to see the highest percentage growth in centi-millionaire populations through 2033, growing by 95% and 88%, respectively.
Despite the rapid wealth growth in the global East, it’s noteworthy that many centi-millionaires are still graduating from American universities. Over half of the top 20 universities with the most centi-millionaire alumni are in the United States, with Harvard, Stanford, and the University of Pennsylvania taking the top three spots.
Money
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.
Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.
We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights
Money
Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.
Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.
Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.
The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker
Money
S&P 500 dips as tech stocks struggle with AMD leading losses
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.
The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.
Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.
Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Ticker Views3 days agoElon Musk merges SpaceX and xAI to create solar-powered AI data centres
-
Money4 days ago
Australia’s inflation hits 3.8%: Budget decisions under pressure
-
Money4 days ago
Wall Street gains momentum amid tech and earnings surge
-
Ticker Views3 days ago
RBA interest rate increase explained – impact on Australians
-
News1 day ago
U.S. ramps up Cuba aid as energy crisis deepens
-
Ticker Views4 days ago
US-Russia nuclear arms control treaty comes to an end
-
News3 days ago
Grok continues generating sexualised images despite new safeguards
-
News2 days ago
Amazon launches AI tools to change film and television production
