More From Niloy Chakrabarti
NSH Petro Rebound Hopes Crash After Australian CEO Charged for Fund Misappropriation
NSH Petro CEO Ranjit Prithviraj Thambyrajah misappropriated funds totalling $4.9 million through false promises of securing major funding for the company.
Dec 19, 2025
Fast-Rising Allstate Sales Group Collapses After CEO Tepedino Charged with Orchestrating the Perfect Fraud
ASG CEO Anthony Tepedino created shell companies, bribed executives of the company's biggest client, and even forged signatures of ASG executives to siphon off money for personal lifestyle upgrades.
Dec 19, 2025
AT&T Staff Outrage Prompts CEO Stankey to Regret 'Work From Office or Quit' Memo
AT&T CEO John Stankey expressed his regret regarding an August internal memo urging staff to work from office or quit the company.
Dec 18, 2025
AI-Invested Pension Holders Might Feel Wary as Nvidia Director Dumps $44M, Stoking AI Bubble Fears
Americans building their retirement savings via investment instruments like 401(k)s with a focus on AI stocks might need to reconsider their strategy as signs of cracks appear in the AI boom rally.
Dec 18, 2025
Four Convicted in $600K Insider Trading Scheme — Don't Risk Your Savings
A former Chinook Therapeutics executive and his associates were convicted of insider trading, profiting over $600,000 from a major merger with Novartis.
Dec 18, 2025
IRS Eases Health Savings Account Eligibility Under Trump's Bill Amid Uncertainty Over ACA Subsidies
The US Treasury and the IRS have widened the eligibility for health savings accounts as policymakers debate the future of Affordable Care Act subsidies, which are set to end this year.
Dec 17, 2025
David Tepper Offloads Intel, Slashes UnitedHealth Stake in Q3 to Buy This Lesser-Known Stock
In Q3, Appaloosa's David Tepper sold his entire stake in Intel and reduced his UnitedHealth Group holdings by over 90% to invest $400 million in Whirlpool shares.
Dec 17, 2025
20-Year-Old Wins $1M Lottery and Sparks Debate on How She Claims Her Prize: Would You Do The Same?
Brenda Aubin-Vega from Montreal won $1 million in the lottery but chose weekly payments of $1,000, sparking debate over whether she made the right decision.
Dec 17, 2025
MIT Fusion Leader Nuno Loureiro Shot Dead: Who Was the Physics Genius Behind Clean Energy Breakthroughs?
Nuno Loureiro, a leading MIT fusion scientist, was fatally shot at his home on Monday night amid ongoing concerns over gun violence and recent college shootings in the US.
Dec 17, 2025
Elon Musk's Net Worth Surges $167B Overnight to an Unbelievable $638B on SpaceX's $800B Valuation
Elon Musk's net worth was driven by reports of SpaceX's $800 billion valuation, Tesla's stock price surge, and talks of xAI raising $15 billion at a $230 billion valuation.
Dec 16, 2025
Cathie Wood Sells Over $59M of Tesla Stock Despite Wedbush Seeing a $1T AI Opportunity for the Firm
Cathie Wood sold over 124,000 Tesla shares this week across Ark Invest ETFs amid valuation concerns and a rare downgrade from Morgan Stanley.
Dec 16, 2025
Michael Saylor Hints at More BTC Purchases After Major Buy Last Week as Prices Dip Below $90K
Strategy's Michael Saylor hinted that his firm could continue accumulating more bitcoin after buying over 10,000 tokens last week despite a price crash.
Dec 15, 2025
MacKenzie Scott Donates Over $7B to Charities in 2025, Giving Away $26B Since 2019
MacKenzie Scott has donated over $7.1 billion to around 225 nonprofits in 2025 as part of her pledge to give away most of her wealth in her lifetime.
Dec 15, 2025
Bondi Beach Muslim Hero Saves Lives, Adding a New Dimension to the Terror Narrative
Prime Minister Anthony Albanese praised a civilian's bravery after he disarmed one of the gunmen during the Bondi Beach attack.
Dec 15, 2025
Planet Labs Stock Jumps 35% on Record Q3 Revenue Driven by AI Advancements, Acquisitions
Planet Labs attributed the Q3 beat to robust traction in its AI-enabled global monitoring services and the rollout of new technologies and contract renewals with major space agencies.
Dec 12, 2025
Cathie Wood Sells Tesla Shares After Stock Downgrade Following Michael Burry's Valuation Concerns
Cathie Wood's Ark Invest sold close to $1 million worth of Tesla shares recently amid a Morgan Stanley downgrade after Michael Burry warned the stock is 'ridiculously overvalued.'
Dec 12, 2025
Michael Burry Says AI Bubble Still Has Room to Grow, No Way to Tell When It Will Burst
Big Short's Michael Burry believes there is 'supply-side gluttony', implying major data centre expansion, GPU orders, and multibillion-dollar commitments without any clear end-user demand.
Dec 12, 2025
Lululemon Stock Surge: $1B Buyback and CEO Exit Allegedly Protects Consumers
Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.
Dec 12, 2025
Trump to Undo Biden-Era Student Loan Payment Pause, Forcing Millions of Borrowers Into Repayment
The Trump Administration has proposed a joint settlement with Missouri to formally end the student loan payment pause introduced under former US President Joe Biden.
Dec 10, 2025
Nvidia Supplier SK Hynix Eyes NYSE Listing to Accelerate AI Momentum
South Korean chipmaker SK Hynix is exploring a US listing to enhance its corporate valuation and better compete with US peers like Micron Technology.
Dec 10, 2025
Elon Musk's Net Worth Surges $3B in a Day to $491B After SpaceX Eyes $30B IPO
SpaceX is planning an IPO next year to raise over $30 billion at a valuation of $1.5 trillion, which would make it the largest listing ever.
Dec 10, 2025
Kevin O'Leary Says The 'Biggest Money Trap' is Getting Yourself a Suffocating Mortgage
Shark Tank star Kevin O'Leary claims the biggest financial trap people fall into unseen isn't a poor stock portfolio, but purchasing a house that is too large for their means.
Dec 09, 2025
Should Americans Take Social Security at 62 and Invest It? Viral TikTok Advice Sparks Debate
Claiming Social Security at 62 and investing in volatile US stocks could be a risky venture one might not be able to recover from if stocks crash.
Dec 09, 2025
Berkshire After Buffett: The Trio Who Will Shape Your Returns—Abel, Chang, O'Sullivan
Berkshire Hathaway announced significant changes to its senior management as Warren Buffett prepares to step down as CEO after leading the company for six decades.
Dec 09, 2025
Bridgewater Founder Ray Dalio Says Middle East's Rise is Similar to Silicon Valley
Bridgewater Associates founder Ray Dalio compared the emergence of several Middle East countries as major AI hubs with the rise of Silicon Valley as the global centre of technology.
Dec 08, 2025
US 2026 Defence Bill Hits $901B—Nearly 10X Larger Than Health Budget
US lawmakers have proposed a $901 billion defense bill focused on military strength and ideological issues, while the Biden-era health budget faces significant cuts, highlighting contrasting national priorities.
Dec 08, 2025
Robinhood Expands to Indonesia—Could This Spark a Global Zero-Fee Trading Trend?
Robinhood Markets' entry into Indonesia, a major financial hub with investors seeking low-fee trading, could prompt brokerages worldwide to reduce fees over time.
Dec 08, 2025
US Tax Refunds to Rise $675 on Average Next Year; Nearly 50% of Americans Plan to Use Them For Bills
Enhanced tax breaks under US President Donald Trump's One Big Beautiful Bill Act will boost federal income tax refunds next year by several hundred dollars.
Dec 05, 2025
Ken Griffin's Citadel Advisors Heavily Invested in Mag 7 Stocks in Q3 Except One
Ken Griffin's Citadel Advisors purchased millions of shares of Magnificent 7 stocks in Q3 amid AI boom, with one notable exception.
Dec 05, 2025
AI Data Centre Electricity Demand Increasing US Utility Bills, Putting Households in Debt
Rising energy demand from power-hungry AI data centres is straining household budgets, with the average overdue utility bill balance continuing to grow.
Dec 05, 2025
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