Home
> economy
economy
DeepSeek AI Sparks Stock Market Frenzy—David Tepper's Hedge Fund Cashes In on the Boom
David Tepper increased his stake in Chinese stocks like Alibaba, JD.com, and Baidu in Q4. His trades came right before the DeepSeek AI model triggered a £1 trillion stock market rally in the Mainland.
MicroStrategy's Michael Saylor Seconds Eric Trump's Call To Buy the Bitcoin Dip
MicroStrategy's Michael Saylor and Donald Trump's son, Eric Trump, signalled that the latest Bitcoin drop is an opportunity for crypto enthusiasts to buy the coin before it shoots up again.
Nancy Pelosi's Tempus AI Stock Investment Jumps Over 300% in 40 Days
Pelosi's Tempus AI call options contracts tripled in value in 40 days as the healthcare firm continued its upward rally on AI-product launches and active collaborations to battle diseases like cancer.
'Bitcoin Has Reached Escape Velocity': Michael Saylor Urges US To Buy 20% Of BTC Supply, Use It To Clear National Debt
MicroStrategy founder Michael Saylor said that the US must secure a dominant position in the digital asset space as China, Russia, Saudi Arabia, and European countries rapidly increase their stakes in Bitcoin.
DOGE Dividend Cheques May Give Americans $5000 Each: What Is It And How Do You Qualify For It
Americans could use DOGE dividend cheques to clear debt, grow their emergency funds, and invest in long-term goals like retirement, which could have an overall deflationary effect on the US economy.
This Country Just Launched the World's First XRP ETF—and It's Not the US
Ripple XRP prices surged to £2.14 as Brazil beat the US to officially approve the launch of the Hashdex Nasdaq XRP Index Fund on the B3 stock exchange.
'I Love It': Trump on Musk's Idea of Stimulus Cheques and Repaying National Debt Using DOGE Savings
During an investor conference in Miami yesterday, Trump said his administration is considering Elon Musk's proposal to return money to Americans from savings generated by DOGE's actions on US agencies.
Expert Sparks Debate Over Claims WFH Is Destroying UK Businesses And Stifling Innovation
Investor Sarkis M. believes working from home may cause reduced productivity and negative impacts on local businesses. His post has garnered backlash from workers who have benefited from WFH policies.
Billionaire Investor Warren Buffett Scales Back Crypto Bank Stake by Over 53% in Q4
Berkshire Hathaway chair Warren Buffett trimmed his stake in Brazilian crypto bank Nu Holdings by 46.26 million shares in Q4.
Elon Musk's War on Social Security: Will His Takeover Leave Millions Without Benefits?
Social Security Acting Commissioner Michelle King was replaced by Leland Dudek after she clashed with Elon Musk's DOGE over access to sensitive records of Social Security recipients.
Elon Musk's DOGE Targets US Gold Reserves: 'This Gold Is Property Of The American Public!'
Based on his interactions on X, including with Senator Rand Paul, Elon Musk will likely push DOGE to audit US gold reserves, with a focus on Fort Knox.
Big Short Investor Michael Burry Reduced Stake in Chinese Tech Giants Before £1T DeepSeek Rally
Michael Burry trimmed his stake significantly in Alibaba Group Holdings and JD.com in Q4 2024 due to prolonged volatility in China's stock markets before the DeepSeek AI rollout.
Three Reasons Why MicroStrategy's Michael Saylor Thinks BTC Prices Will Reach £3.9M in the Long Run
MicroStrategy co-founder Michael Saylor sees spot BTC ETFs, bank custody of BTC and debt against it, and the fair value accounting for BTC on company balance sheets as key drivers of his price predictions.
XRP Soars 12% as SEC Acknowledges Grayscale ETF Filing for Review
After a slump in the crypto market due to a hotter-than-expected inflation print, crypto prices rebounded, especially the Ripple XRP token, after the US SEC acknowledged Grayscale's application for an XRP ETF yesterday.
Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results
Warren Buffett's Berkshire Hathaway continues to increase its stake in Occidental Petroleum, recently purchasing 763,017 shares despite the stock price falling over 30% from its record high in April 2024.
Bitcoin Prices Will Soar to £800K 'Violently' in 2025 Due to Hyperbitcoinisation, Says JAN3 CEO
Jan3 CEO reiterated his Bitcoin forecast, citing factors such as national adoption, sovereign debt issuance, and accelerating hyberbitcoinisation.
Elon Musk Dismantles USAID, Issues Social Security Warnings but Yet To Curb Congressional Insider Trading
Elon Musk's DOGE is yet to prioritise advancing laws that ban Congressional trading as politicians like Nancy Pelosi continue to reap massive investment profits in a relatively short span.
Looking To Invest in Firms Like DeepSeek? Buy Early-Stage Market Disruptors via Investment Trusts
Investors can explore venture capital trusts, which are listed firms that raise money to invest in innovative and privately owned companies with future potential.
Warren Buffett Buys 2.3M SiriusXM Shares Worth £43.37M as Company Reaffirms 2025 Guidance
Buffett increased Berkshire Hathaway's SiriusXM holdings to 119.77 million shares worth over £2.25 billion as the radio satellite company prioritises strategic capital allocation and returns value to shareholders.
'If You Have Less Money Than Elon, Watch Out': Tech Billionaire With £85B Net Worth Warns Against Crypto
Bill Gates thinks Bitcoin uses a lot of energy and promotes anonymous, non-reversible transactions that don't benefit society.
Don't Wait, Buy Now: Nine Items Americans Should Buy Before Costs Skyrocket Due to Trump Tariffs
These are the items that will increase in prize due to Trump's tariffs on imports from China, Canada, and Mexico, which will likely increase inflation rates.
Mark Cuban Mulls Launching His Own Meme Coin Like $Trump But Focusing On National Debt
Mark Cuban is considering the launch of a meme coin like Donald Trump's but would send the proceeds from token sales to the US Treasury to reduce the national debt.
Aussie Millennial Working 60 Hours a Week Says Earning £35,000 Is Just 'Above the Poverty Line'
Chris Booy struggles with high living costs in Australia, working multiple jobs yet feeling financially strained and advocating for change.
Here's Why Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis
Cuban believes Bitcoin is an upgraded version of gold in terms of store of value and can be more portable and exchangeable than the precious metal during economic downturns.
Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt
US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.
Bitcoin and Cryptos Plunge as Stock Market Drops, US Data Boosts Yields and Rate-Cut Delays Loom
Bitcoin and major crypto tokens have declined alongside US stocks as strong economic indicators, profit booking, and speculation over Trump's tariff plans continue to drive market volatility.
Wall Street Shares 4 AI Predictions and Top Stock Picks for 2025
Wall Street giants like Goldman Sachs and UBS think AI investments will continue to grow in the coming years as the AI revolution transitions to Phase 3 of companies monetising the technology to boost revenue streams.
US Boomers 'Unretiring' Due to Low Social Security Payments Could Face Even More Benefit Cuts
As more US retirees return to the workforce to supplement their monthly income, their Social Security benefits could drop until they reach the full retirement age if job wages exceed the annual threshold of £18,572.
30-Year-Old Rejects Office Jobs and Struggles With Income Due to Dog's Separation Anxiety
Caleb Hammer struggles to help a dog parent create a financial budget as she refuses to work remotely despite having an irregular income.
Multi-Millionaire Reveals His Ex of 7 Years Still Has Full Access to His £118m Bank Account
Dave said of his ex-partner Renee Portnoy that she won't "abuse" her access to his fortune, given she is much more frugal than him. He still considers her as his best friend.