Welcome to this week’s edition of top stock market highlights. GIC and Temasek It’s helpful to observe the types of companies and businesses that long-term investors invest their money in. Of note, investment firm Temasek Holdings has long touted its long investment time horizon. Temasek’s portfolio stood at S$403 billion as of 31 March 2022 and it has 12 offices across eight countries. Similarly, the Government Investment Corporation, or GIC, which manages the Singapore government’s reserves, also espouses a long-term philosophy. Both Temasek and GIC are among a crop of new investors that injected money into Stripe, an Irish-American software-as-a-service (SaaS) company offering financial services. Stripe had recently raised more than US$6.5 billion in a fundraising exercise that valued the firm at US$50 billion. The payments company was founded back in 2009 by two Irish brothers, John and Patrick Collision. Just two years later, Stripe received an investment of US$2 million from a group of investors that included PayPal’s (NASDAQ: PYPL) founder Peter...