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Cathie Wood's Ark Says Elon Musk's SpaceX Valuation Could Reach $2.5T by 2030, $12.8T by 2040
Ark Invest, in collaboration with consulting firm Mach33, forecast that SpaceX could reach an enterprise value of $2.5 trillion by 2030 as it works to complete its Starlink constellation and ramps Optimus robots production for efficiencies.
US Defense Secretary Pete Hegseth Sold 23 Stocks Days Before Trump's Liberation Day Market Crash - Did He See It Coming?
A recent period transaction report revealed that US Defense Secretary Pete Hegseth sold up to $550,000 worth of blue-chip stocks nine days before Trump's tariffs announcements, which led to a market crash.
Here's Why Steve Cohen's Point72 Recently Shelled Out Over $100M for Two Biopharma Stocks
Billionaire investor Steve Cohen invested over $100 million in two biopharma stocks, one of which has rallied over 90% in the past one month.
Ark Invest's Cathie Wood Reveals the One Stock She'd Pick If She Had Only One Choice — and It's Not FAANG
Cathie Wood recently said in a podcast that she would pick Tesla if she had only one choice to invest in a stock. She maintains her Tesla stock price target of $2,600 in five years.
Is Cathie Wood Cashing Out? Ark CEO Dumps Millions in Biopharma and Aviation Stocks
Cathie Wood aggressively sold shares of Adaptive Biotechnologies, Veracyte, and Archer Aviation on 31st May, according to a 6th June filing with the SEC.
Gen Z Ditches Stocks for Birkins: Are Designer Bags the New Investment Strategy?
GenZ and millennials are increasingly relying on social media spaces for financial advice. New trends show younger generations are convinced that luxury goods could offer a hedge against stock market volatility.
Tesla Shares Rise Over 5% After Elon Musk Hints at Cool off Period With President Donald Trump
Tesla shares were up 5.2% during premarket hours on Friday after Elon Musk said he is open to a 'cool off' period with Donald Trump following a public feud over a tax bill.
Trump's Tax-Cut Bill Would Leave 11M More People Uninsured in 10 Years, Bump Federal Deficit by $2.4T
US President Donald Trump's tax cut bill could increase the federal deficit by trillions of dollars and strip 11 million Americans of health insurance coverage, primarily Medicaid, through 2034.
2.5M People Already Received US Social Security Benefit Hikes Under New Law; 200,000 Cases Pending
The Social Security administration updated that 91% of the eligible millions of Americans have received retroactive payments and/or monthly benefit hikes under the new Social Security Fairness Act.
Shark Tank's Mark Cuban Leaves the Show After His $33M Investments Grow 750% in 15 Years
Billionaire investor Mark Cuban recently exited ABC's Shark Tank business reality show. His $33 million investments since 2011 have grown to at least $250 million.
Saylor's Strategy Plans $250M IPO to Buy More BTC Right After Adding $75M Worth of Tokens to the Vault
Michael Saylor's Strategy announced plans to raise $250 million via an IPO to purchase more bitcoin right after buying 705 tokens worth $75 million.
Celebrity With $1B Net Worth Is Borrowing Mum's Money To Pay For His Wedding: Here's The Smart Reason Why
Leading content creator MrBeast recently said he plans to borrow money from his mother to help pay for his wedding with YouTuber Thea Booysen, despite having a net worth of over $1 billion.
Investors Follow Warren Buffett to Ramp Ultrashort Treasury Bets as Longer-Term Bills Face Volatility
Investors are piling cash into short-term US T-bills with stable yields as market jitters driven by tariffs and federal deficits affect the long end outlook.
Saylor on Why GameStop, Trump Media Shares Fell After Buying BTC as Wall Street Remains Sceptical
Michael Saylor believes bitcoin is digital capital and maybe the most explosive idea of the era, and financing options adopted by GameStop and Trump Media to buy BTC could create short-term downward pressure.
Rep. Marjorie Taylor Greene's 4 AI, Tech Stock Bets in May Have Already Returned Double-Digit Gains
Rep. Marjorie Taylor Greene's early May investments in Tesla, Nvidia, Dell Technologies, and Impinj have returned substantial gains in the past few weeks.
GameStop Buys $500M of Bitcoin, Joining a Line of Corporates Adding BTC to Balance Sheets
GameStop purchased 4,710 bitcoins based on the thesis that the digital asset could hedge against global currency devaluation.
Nvidia Q1 Revenue Leaps 69% to $44B on Robust AI Data Centre Demand and Record Gaming Segment Growth
Nvidia shares were up in premarket trading after the company posted strong revenue growth driven by rising demand for AI computing and infrastructure.
Trump Media Plans to Form $2.5 billion Bitcoin Treasury, Describes the Crypto as Crown Jewel Asset
Trump Media and Technology Group, controlled by the Trump family, said Tuesday it plans to raise $2.5 billion to establish a bitcoin treasury.
US Retirees are Claiming Social Security in Record Numbers Amid Threats to Benefits Continuity
US retirees are claiming social security cheques much earlier than planned and settling for lower monthly incomes amid threats to the program and access to benefits.
Queensland Man Delays Claiming $1M Lottery Winnings For a Month Thinking it Wasn't Real
A Queensland man couldn't believe he had won over $1 million in a lottery draw. He took over a month to accept the reality and finally claim his winnings.
Your Cryptocurrency Cold Wallets Can Be Compromised if You Don't Follow These Vital Steps
Crypto cold wallets are generally safer than hot online wallets if you update firmware frequently, avoid third-party sellers, conduct authenticity checks during setup, and ensure proper device compatibility.
Hawk Tuah Girl Haliey Welch Talks About FBI and SEC Interrogation Over Crypto Lawsuit
The FBI visited Haliey Welch's family members, and she was interrogated by the bureau and the SEC over the HAWK meme coin crypto scandal before the institutions cleared her from the case.
Bill Ackman's Pershing Square Buys $2.2B of Uber and Hertz Shares in Q1, Dumps Nike
Pershing Square Capital Management CEO Bill Ackman heavily bought shares of transportation and car rental companies while offloading consumer discretionary brands.
Here's Why Billionaires Like Jay-Z and Mark Zuckerberg Get Mortgages They Don't Need
Ultra-rich people often use debt as a tool to maintain adequate cash flow at all times with the goal to capitalize on market opportunities for long-term wealth appreciation.
Michael Burry Sells Entire Portfolio Except One Stock in Q1; Places $186M Puts on Nvidia, China Stocks
Scion Asset Management CEO Michael Burry sold his entire portfolio in Q1 but doubled down on a beauty giant. He also placed massive put on China tech stocks.
Bill Gates Sells Berkshire Hathaway Stock for the Third Consecutive Quarter, Dumps 2.4M Shares in Q1
Bill Gates sold over 7 million Class B shares of Berkshire Hathaway in the past three quarters, with the latest sale of over 2.48 million shares in Q1.
Berkshire Hathaway Dumps Banking Stocks in Q1, Sells All Shares of Crypto-Linked Nu Holdings, Citigroup
Berkshire Hathaway's Warren Buffett disposed of all shares of Brazilian bank Nu Holdings, Citigroup, and over £1.61 billion worth of Bank of America shares in Q1.
Over 6 Million Missourians Could Soon Pay Taxes in Gold – But Is It a Good Idea?
The Missouri state legislature advanced an amendment to make precious metals like gold and silver legal tender for the payment of taxes and the purchase of goods.
Boeing Stock Up After Qatar Airways Orders 210 Jets on Trump's Gulf Visit: Is it a Good Time to Buy?
Boeing has firm orders for 160 jets from Qatar Airways with the option of 50 additional deliveries.
Warren Buffett Sells $168M in Davita Shares One Day Before Dialysis Provider Hit by Lawsuit
Berkshire Hathaway chair Warren Buffett sold over a million shares of DaVita worth £126.23 million on 8th May, a day before the dialysis service provider was sued by an employee benefits plan.