Mindblown: a blog about philosophy.

Today’s Highlights 📌 Top story — scroll down for more updates Leadership Shakeup at On as Growth Slows 9:15 am — ONON -5.2% in pre-market trading On Holding (ONON 5.96%) is returning to its roots, appointing co-founders David Allemann and Caspar Coppetti as co-CEOs effective May 1. The leadership pivot follows a disappointing sales forecast…

The national debt is set to reach $40 trillion in the near future if it continues to grow at its current pace. That has caught the attention of the richest man in the world. Elon Musk has joined the likes of Bridgewater founder Ray Dalio and Treasury Secretary Scott Bessent in supporting a solution to…

What Buffett Really Thinks About Gold Ask Warren Buffett about gold and you do not get a polite hedge; you get a mental model. He sees a shiny metal that absorbs capital, talent, and time—yet never sends a single dollar back to its owners. That conviction has been remarkably consistent. In speeches, shareholder letters, and…

Key Points Nvidia is down 15% from its record high due to concerns about the sustainability of AI spending, but CEO Jensen Huang expects the market to get much bigger. MercadoLibre is down 37% from its high due to concerns about margin compression, but investments in logistics and credit products position the company for growth.…

Gold prices climbed more than 2% on Wednesday, as falling oil prices eased some inflation concerns and dampened interest-rate hike bets, even as investors weighed conflicting developments in ‌the U.S.-Israeli ⁠war on ⁠Iran. Spot gold rose 2.4% to $4,582.18 per ounce, as of 1141 GMT. The metal had hit a ​four-month low of $4,097.99 on…

Nifty 50, Sensex | Stock Market Highlights: After a steep sell-off earlier in the week that erased nearly ₹15 lakh crore in market capitalization, Indian equities staged a strong rebound on weekly expiry. The Sensex closed 1,205 points higher while Nifty was above 23,300. The recovery was led by financial stocks, with the Bank Nifty…

Meta Platforms (META 1.91%) fell below $600 last Friday, marking a significant decline for a company trading near $800 just six months ago. Part of that is likely due to the macroeconomic environment, but Meta has also worried Wall Street with its artificial intelligence (AI) spending. The concerns are understandable, but zooming out, there’s still…

One of the best ways to safeguard investments is by parking money in the healthcare sector. This is because demand for healthcare services does not change with market conditions. Many pharmaceutical companies also pay out regular dividends. Companies that consistently offer dividends are financially stable and generate a steady cash flow, irrespective of market conditions.…

Nasdaq closes down as investors stay cautious on geopolitics Proactive uses images sourced from Shutterstock Stocks ended Tuesday on a mixed note, with major indexes slipping as investors remained cautious despite a brief improvement in sentiment tied to geopolitical developments. The tech-heavy Nasdaq Composite led declines, sliding 0.8% or 185 points to 21,762. The Dow…

Dow Jones is showing signs of short-term stabilisation, supported by a sharp pullback in oil prices following the recent surge. This move reflects a shift in market expectations regarding tensions between the United States and Iran, as no further escalation has emerged and the possibility of dialogue remains open. Although the conflict has not been…