Liam Lawson and Yuki Tsunoda, both former Red Bull juniors, have had a complex relationship throughout their careers, sometimes teammates, sometimes rivals. Lawson, who took a more traditional route through the junior ranks, spent several years in Formula 3 and Formula 2 before making his way into Formula 1, while Tsunoda’s journey was much quicker, joining the F1 grid in 2021 after just one year in F3. Today, both drivers find themselves as teammates in Red Bull’s junior team, VCARB, with aspirations of moving up to the senior team, although Lawson is considered a more likely candidate for a promotion,…
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U.Today – The cryptocurrency has recently surged to remarkable new heights, and now its RSI (Relative Strength Index) is displaying a flattening effect at the top. This pattern is comparable to a double-top pattern in conventional RSI analysis, in which the RSI reaches comparable high levels, twice forming a ceiling of sorts. Double tops frequently indicate a possible reversal on conventional price charts, but in the case of RSI they might actually reinforce the notion of trend continuation rather than reversal. The fact that ‘s RSI is currently in the 70-80 range indicates that the asset is slightly overbought but…
DALLAS—Significant shareholders of P10, Inc. (NYSE:PX) have recently sold a substantial amount of the company’s stock, according to a recent filing with the Securities and Exchange Commission. The transactions were carried out by a group of investors, including 210 Capital, LLC, Covenant RHA Partners, L.P., and CCW/LAW Holdings, LLC, among others. On November 6 and November 8, these investors sold a combined total of 392,187 shares of P10, Inc.’s Class A Common Stock, generating proceeds of approximately $4.58 million. The shares were sold at prices ranging from $11.54 to $11.69 per share. These sales were executed under a prearranged trading…
Investing.com — In the latest American Association of Individual Investors (AAII) Sentiment Survey, bearish sentiment among investors is said to have seen a significant decline, reflecting improved investor confidence in the market. “Bearish sentiment plummets,” was the headline from the AAII. They said pessimism about the stock market’s short-term outlook dropped 3.3 percentage points to 27.6%, marking its 12th week below the historical average of 31.0% over the past 13 weeks. Meanwhile, bullish sentiment, or the expectation that stock prices will rise over the next six months, climbed 2.1 percentage points to reach 41.5%. This level of optimism is notably…
AMSTERDAM (Reuters) – Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and move record label Universal Music Group away from Amsterdam, following attacks on Israeli soccer fans. In a statement on X, Ackman said Pershing Square’s board had already been considering the move and “events in Amsterdam during the last 24 hours provide an appropriate tipping point” to follow through. In the attacks, supporters of Israeli football club Maccabi Tel Aviv were targeted after a match, by what Amsterdam’s mayor described as “antisemitic hit and run squads”. Pershing Square, an investment holding…
Friday’s F1 updates centered on the future of promising Argentine driver Franco Colapinto, who has drawn interest from multiple F1 teams for 2025. A recent report from *La Gazzetta dello Sport* suggests that Alpine, advised by Flavio Briatore, is considering signing Colapinto, though they already have Pierre Gasly and rookie Jack Doohan lined up for next season. James Vowles, Williams’ team principal, confirmed that other teams are also interested, following Colapinto’s solid performances since stepping in for Logan Sargeant. However, sources close to Alpine indicate that their 2025 driver lineup is set, implying that Colapinto might look elsewhere for his…
BEIJING (Reuters) – China’s consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy. In its latest stimulus measures, the country’s top legislative body approved a 10 trillion yuan ($1.4 trillion) package on Friday to ease local government “hidden debt” burdens, rather than directly injecting money into the world’s second-biggest economy, as some investors had hoped. Analysts say the package will likely do little to boost economic activity, demand and prices in the near term. The consumer…
Lewis Hamilton recently expressed his desire to see Formula 1 bring back manual gearboxes and gravel traps, calling them important aspects of “old school” racing that he feels could enhance the excitement and challenge of modern F1. This sentiment came after Hamilton drove Ayrton Senna’s iconic 1990 McLaren MP4/5B in Brazil, a car featuring the traditional H-pattern manual gearbox, fulfilling a lifelong dream of his. Driving Senna’s car in wet conditions at Interlagos allowed Hamilton to experience firsthand the skill required for a manual gearbox, which he found exhilarating compared to the paddle-shift systems used in current F1 cars. Reflecting…
The recent changes to the 2026 Formula 1 regulations have introduced major design shifts, with McLaren’s Andrea Stella and Williams’ James Vowles expressing optimism about the impact on car performance and creative freedom. Stella emphasized that the updated regulations grant teams significantly more downforce potential and allow more freedom in car design. This freedom is expected to lead to greater design diversity among teams, encouraging innovation and competition by allowing teams to better leverage their knowledge and experience in car development. Williams’ team principal Vowles shared Stella’s enthusiasm, explaining that these changes are not only beneficial for individual teams but…
Global private capital firms are charting a well-traveled course. With their sprawling empires, the largest alternative asset managers have adopted strategies that borrow extensively from the octopus-like corporate conglomerate business model. The Age of Private Market Empires Many private equity (PE) firms are building product lines that are adjacent if not necessarily complementary to their traditional buyout activities. These product lines all sit under one common umbrella: capital solutions. That is why the moniker “financial conglomerate” now applies. By aggregating multiple and sometimes loosely related businesses, these modern conglomerates achieve two main purposes: They consolidate market power and diversify away…