personal finance

Ark Invest's Cathie Wood describes Elon Musk as the Thomas Edison of our era, highlighting his innovative drive and vision for transforming humanity through Tesla and SpaceX.

The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 tax year, with actual use cases provided.

Point72 increased its stake in Bill Holdings by over 180% amid rumours of a potential sale, as the cloud software firm faces declining revenues and stiff sector competition.

Farmers Insurance has applied for a 6.99% rate increase on California homeowner policies and proposes a 22% discount for bundling home and auto coverage, while lifting its policy cap.

A law allows companies to involuntarily roll over a former worker's 401(k) into an IRA when the balance is between $1,000 and $7,000, potentially impacting long-term growth.

Financial expert Dave Ramsey explains he prefers investing in high-quality assets that last, rather than buying cheap items that quickly wear out, to secure long-term value.

Kiyosaki sees high debt as a strategic tool, exposing both borrower and bank. He believes leveraging debt wisely can create wealth, challenging conventional fears.

Robert Kiyosaki warns the market crash has begun, urging investors to protect their wealth by investing in tangible assets like gold, silver, and Bitcoin amid global economic turmoil.

Marjorie Taylor Greene announces her resignation by January 2026, citing concerns over the political system impacting ordinary Americans, amid backlash over her stock trading activity.

Amazon founder Jeff Bezos urges consumers to delay large purchases and advises small businesses to pause capex and acquisitions amid growing fears of an imminent market crash.

Peter Thiel's fund slashed its stake in Tesla by 76% and entirely offloaded Nvidia and Vistra Corp. shares in Q3. Instead, he purchased $45 million worth of shares of Apple and Microsoft.

Marjorie Taylor Greene shifts her investment focus from high-risk stocks to dividend aristocrats, seeking stability and income amid ongoing market volatility.

Berkshire Hathaway's stake in Sumitomo and SBI Holdings suggests indirect ties to Ripple XRP. Experts see potential in Japan's blockchain adoption for institutional settlement.

Zach Top, the rising country star, recently won the CMA Award, with hits soaring on charts and social media, boosting his net worth to millions.

PhysicsWallah maintains controlled discipline while scaling its hybrid business model and is poised for long-term growth, driven by India's growing education market.

The current Bitcoin sell-off coincides with the typical peak window, 400-600 days after its last halving in April 2024, raising fears of a deeper correction.

Elon Musk has reignited his feud with Bill Gates over a reportedly $500 million Tesla short position Gates has maintained for eight years, risking a $1.5 billion loss.

Robert Kiyosaki questions Warren Buffett's doubts on Bitcoin, highlighting concerns over traditional assets and emphasising Bitcoin as the people's money amid economic uncertainties.

Michael Burry deregistered Scion Asset Management, citing market misalignments and an AI bubble warning, using pop culture references to highlight risks ahead.

Ken Griffin's Citadel heavily boosted its holdings in the Magnificent 7 stocks in Q3, as industry experts say high AI investment is vital for the US to stay ahead globally.

Bill Gates sold significant holdings in Q3, including Microsoft and Berkshire Hathaway shares, amid concerns over AI bubble risks and Warren Buffett's impending retirement.

Berkshire Hathaway sold billions of dollars' worth of Apple and Bank of America stocks in Q3, while significantly increasing its investment in Alphabet amid AI growth and market concerns.

Appaloosa Management's David Tepper sold most of his Magnificent 7 stock holdings, except Nvidia, and added AMD to the portfolio in Q3.

Bridgewater Associates massively diversified its portfolio away from AI giants as well as banking and biotech sectors in Q3 amid concerns of an AI bubble.

Cathie Wood's Ark Invest increased holdings in US Mag 7 stocks and Chinese AI firms in Q3, despite concerns over an AI bubble and market volatility.

The US government shutdown ended after 43 days, but the White House is withholding October inflation data, raising concerns over economic transparency and recovery.

In Q3, Ark Invest's Cathie Wood bought millions of shares in Tesla, Aurora Innovation, and Archer Aviation, as these companies ramp up AI and autonomous vehicle innovation.

Inflation outpaces wages for middle- and lower-income households since January 2025, pushing more Americans into living paycheck to paycheck, especially among Millennials and Gen X.

Rich Dad Poor Dad author Robert Kiyosaki warned investors of an impending market crash and recommended gold, silver, and cryptocurrency despite volatile prices.

SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.