BetaShares - Australian Ex-20 Portfolio Diversifier ETF
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URTH Hits Record $204.93 as RSI Signals Overbought Territory, May 31
URTH hits record $204.93 with RSI at 94.6 (overbought). Tech concentration at 29.62% and dividend cut loom as Fed meets June 17.
Ethereum Drops Below $2,000 as ETF Outflows Hit $920M, May 31
Ethereum drops below $2,000 as spot ETH ETFs see $920M outflows. Institutional demand cools amid profit-taking and sector rotation.
Asian AI Supply Chain Bets Surge as SpaceX, OpenAI IPOs Loom, May 31
Investors shift focus from Asian chipmakers to server, cooling, and power suppliers as SpaceX and OpenAI prepare record IPOs.
King Charles III Disowns Andrew, Revamps Royal Property Plans, May 31
King Charles III disowns Prince Andrew over intelligence concerns and revamps royal property portfolio including Frogmore Cottage.
Trump Administration Pays $2B to Cancel US Offshore Wind Projects, May 30
Trump administration pays $2 billion to cancel US offshore wind projects, impacting renewable energy and coastal job creation on May 30, 2026.
MSCI World ETFs Hit Record Highs on May 31 as Tech Surge Drives Rally
MSCI World ETFs reach record highs on May 31. Vanguard FTSE All-World at €163.24 with 27.21% trailing returns, driven by tech gains.
Swansea M&S Closes After 92 Job Losses, May 31
Swansea M&S flagship store closes after 92 job losses on May 30 due to prolonged underperformance as the retailer reshapes its store estate.
Marriott Opens First Net-Zero Hotel in Vermont, May 30
Marriott’s first all-electric, net-zero hotel opens in Vermont. MAR stock down 2.6% to $375.60; Meyka rates B+ with $333.99 target.
Nifty 50 Falls 1.5% on Monsoon Concerns and MSCI Rebalancing, May 30
Nifty 50 falls 1.5% to 23,547 on May 29 amid monsoon concerns, MSCI rebalancing, and profit-taking after April’s 7.5% surge. Sensex down 1.44%.