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The Latest Breaking News from UBS

America created 1,200 new millionaires every day last year

Hundreds of thousands of millionaires were made in America last year as everyday citizens struggled to pay for necessities

The Independent UK · Jul 7

Wealth is going 'woke,' says UBS—rich people are increasingly younger, female and openly queer thanks to the Great Wealth Transfer

The new face of wealth has some ideas about how they want their money to work for wider society.

Fortune · Jul 6

OPEC+ Raises Output Target For August. Smooth Sailing Seen For Oil Price Trajectory

OPEC+ has agreed to a provide a significant boost to oil output by raising targets from August aimed to further add to global oil supplies after the Middle East conflict spurred prices to as high as $120 a barrel.

International Business Times · Jul 5

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Even as Elon Musk calls philanthropy ‘very hard,’ Americans gave a record $617 billion anyway—as households felt the squeeze over the cost of living

Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Transfer.

Fortune · Jul 4

Australia’s median wealth falls almost 7% since 2020 despite the rich getting richer, report says

Swiss bank UBS finds ‘growing divide between the wealthiest and the broader population’ as country adds more than 25,000 more millionaires

The Guardian - AU · Jul 2

UBS Just Raised Its Price Target on Bloom Energy Stock. Here's Why.

Bloom Energy stock rallies as UBS raises price target to $350. Here’s why the investment firm is bullish on BE shares.

Barchart · Jul 2

Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

Trump’s excessive trades look like those of an automated, direct indexing, tax-loss harvesting portfolio, not one individual in the know.

Fortune · Jul 1

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Analysts at UBS Say Advanced Micro Devices Stock Could Rally to $670

UBS sees massive upside for AMD as agentic AI sparks the next wave of data-center growth.

Barchart · Jul 1

June’s Top Commodity Performers and Underperformers

Commodity prices declined in June as the dollar index rallied and interest rates remained elevated. Precious metals and energy commodities posted the most substantial declines in the month that ended on June 30.

Barchart · Jul 1

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increase

Gold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increased. A stronger U.S. dollar also reduced demand for bullion. Investors are now waiting for key U.S. jobs data and comments from central bank officials, which could influence the next…

The Economic Times · Jul 1

America added more than 1,200 millionaires per day in 2025, but the heyday of the 'everyday millionaire' is already over

The stock market made a record number of people millionaires in 2025. But the real wealth action was happening one tier up.

Fortune · Jun 30

Number of billionaires globally soars by 13% amid AI shares boom

Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds

The Guardian - UK · Jun 30

What the world learned from the American century: The global wealth pyramid turns into a fat diamond spinning top

Henry Luce founded this magazine and coined "the American Century." He was right for 60 years.

Fortune · Jun 30

Oil falls to pre-war levels on rising Middle East supply

Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of Hormuz are nearing normalcy, boosting confidence despite ongoing demining efforts. Meanwhile, Iraq is contemplating leaving OPEC due to quota concerns, and Ukraine has targeted Russian oil facilities. These developments…

The Economic Times · Jun 25

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Kiplinger · Jun 25

3 Reasons UBS is Kiplinger Readers' Favorite Wealth Management Firm in 2026

Kiplinger readers selected UBS Wealth Management as their top wealth management firm in 2026.

The Economic Times · Jun 25

How Dubai is trying to bring tourists and investors back after months of regional tensions

Dubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminary peace deal eases immediate strains, restoring investor confidence requires sustained signals of authority response to future tensions. Analysts suggest more targeted incentives may be necessary for sectors like tourism and aviation…

International Business Times · Jun 24

Millennials and Gen Z Will Be Getting $83 Trillion in Biggest Ever Wealth Transfer; Where They'll Invest

An estimated $83.5 trillion will be transferred between generations over the next two decades, making it the largest wealth transfer in modern history.

The Independent UK · Jun 22

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

The war in Iran has helped reshape the global electric vehicle market, giving Chinese automakers an opening across the developing world as fuel prices surge

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The Guardian - AU · Jun 20

Petrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?

Fuel suppliers outside the Middle East have proved to be much more flexible than analysts expected – and China surprised everyone

Kiplinger · Jun 19

The Best Nasdaq Stocks to Buy for Long-Term Upside

The best Nasdaq stocks to buy include familiar tech-related names, as well as companies with strong long-term upside potential operating in other sectors.

The Economic Times · Jun 17

US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlook

UBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 2027 amid a hawkish outlook. The firm forecasts two 25-basis-point cuts in March and June 2027, as markets reassess inflation risks, energy pressures, and global central bank policy stance.

International Business Times · Jun 16

Intergenerational Wealth Transfer within Modern International Financial Ecosystems

On a global basis, the Capgemini Research Institute and UBS have each estimated that more than 80 trillion dollars will transfer to younger generations within a twenty-to-twenty-five-year horizon.

AAP · Jun 16

Marcel Rohner joins Titanbay board

LONDON, June 16, 2026 (GLOBE NEWSWIRE) -- Titanbay today announced the appointment of Marcel Rohner, Vice-Chairman of UBP SA, Chairman of the Swiss Bankers Association and former Group Chief Executive of UBS AG, as a Non-Executive Director on its group board.Few figures sit closer to the centre of European wealth…

The Economic Times · Jun 16

Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success stories

KPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations. The report, which contained fabricated case studies and AI-generated inaccuracies, was flagged by GPTZero and the Financial Times. An internal investigation is underway as the firm faces scrutiny…

Barchart · Jun 13

Amazon Just Made Its Graviton5 Processor Generally Available to Customers. What This Means for AMZN Stock.

Amazon's Graviton5 processor can advance its custom silicon strategy designed to deliver better performance and lower costs for AWS workloads and AI infrastructure.

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