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Trump Turns Uncle Sam Into a Shareholder: Inside His Shock $11B Intel Stake and the Companies Next on His List
The Trump Administration has been aggressively pursuing equity stakes in major US private firms since July.
From ITT to Teledyne: UBS Names 'Hidden Gem' Stocks Set to Explode This Earnings Season
UBS believes the double-digit valuation discount for small- to mid-cap industrials compared with the large-cap multis position several companies within SMID to outperform moving forward.
350K Michigan Workers Ordered to Repay Covid Jobless Benefits After $2.7B 'Error' — Are You One of Them?
The Unemployment Insurance Agency in Michigan will resume recouping overpaid benefits, and those who miss out on repaying could face financial penalties and interest on the amount owed.
Here's How Much The Average Briton Saves By Age — And It's Lower Than You Think
Brits in the 18 to 24 age group have an average of £3,636 in savings, with almost 60% of them having saved less than £1,000.
Wedbush's Dan Ives Sets the Highest Target Price for Tesla After Musk Buys $1B of the EV Stock
Wedbush raised its price target for the Tesla stock to $600 per share, citing the company's accelerated path to AI revolution and unparalleled footprint in the autonomous and robotics segments.
Mag 7 Remains Top Picks for Hedge Funds as Money Managers Poured $185B Into These Stocks in Q2
US megacap tech stocks, which are driving the AI boom, remain the top picks for hedge funds, reaffirming their forecasts of long-term growth potential.
Ray Dalio Says Invest in Gold as US Debt Becomes Unsustainable, Urges to Allocate 10% in Portfolios
Ray Dalio said he sees gold and non-fiat currencies becoming 'more important' investment sources as US debt becomes 'unsustainable,' which threatens the monetary order.
Lithium Americas Stock Surges Over 80% as Trump Administration Seeks 10% Stake Amid Loan Talks
Lithium Americas' stock price gains come as Trump seeks to acquire a 10% stake in the lithium producer as it renegotiates a $2.2 billion loan from the Energy Department.
Bill Gates Buys 6.95M Berkshire Hathaway Class B Shares, Offloads 2.26M Microsoft Shares in Q2
Billionaire investor Bill Gates purchased millions of Berkshire shares after offloading them for three consecutive quarters. He continues to offload Microsoft shares despite rising share prices.
Penny Stocks Explained: High-Risk Gamble or Hidden Gateway to Big Profits for Beginner Investors?
Penny stocks offer the potential for significant profits on relatively small investments, but the world of over-the-counter trading is rife with scams and fraud.
The Big Short's Michael Burry Splurges $42M in 5 New Stocks in Q2, Leading With Apparel and Pharma
Scion Asset Management's Michael Burry invested millions of dollars in apparel, healthcare, biotech, and manufacturing stocks in Q2. His portfolio now holds a total of six stocks, including Estee Lauder Companies, which he purchased in Q1.
Is a $1,702 Stimulus Payment Coming in 2025? What We Know About the Tariff Rebate Rumours
Rumours of 2025 stimulus cheques are making waves on social media, but no confirmation was provided by Congress or the Internal Revenue Service.
New Amex Platinum Card Now Costs $895 Yearly; Comes With 175,000 Rewards Points Offer, $3.5K of Benefits
The Amex Platinum Card offers a range of benefits valued at thousands of dollars annually, along with a lucrative welcome offer for rewards points if you make $8,000 in purchases within the first six months.
Over 8M New Yorkers to Receive First-ever Inflation Refund Cheques of up to $400 Starting Sept. End
Over 8 million eligible New Yorkers will automatically start receiving refund cheques of between $150 and $400 starting at the end of this month.
Martin Lewis Savings Account Warning: Got £10,000 In Your Bank Account? You Could Get Higher Tax
Martin Lewis warns UK savers with £10k+ that frozen 2025 allowances could trigger tax on interest. Explore PSA limits, starting rate relief, and £20k cash ISA shields to avoid HMRC bills.
Intel Shares Jump 22% After Nvidia Plans to Invest $5B in the Company, Jointly Develop AI Chips
Intel was the top performer on the S&P 500 and Nasdaq yesterday after Nvidia announced its plans to acquire a stake in the company and develop chips for hyperscale and personal computing markets.
S&P 500, Nasdaq, Dow Reach Record Highs After Fed Signals More Cuts; Jobless Claims, Manufacturing Data Beat Consensus
US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.
Money Expert Ramit Sethi Says Saving $100k on a $35k Salary Is Possible — Here's How in 3 Key Steps
Millionaire author Ramit Sethi believes a change in mindset, a big win strategy, and an automated system are essential to amassing six-figure wealth in years without compromising basic lifestyle.
What Does The Fed Rate Cut Mean for Your Credit Cards, Loans, and Savings Accounts
While some fixed-rate loans are unlikely to be immediately affected by the rate cuts, variable-rate debts like credit cards could see an immediate impact.
Jeff Bezos Donates 520K Amazon Shares Worth Over $120M in Two Weeks
Jeff Bezos continues to gift Amazon shares to non-profit organisations, and remains on track to match his 2024 record.
Mortgage Applications Surge Near 30% as Rates Dive: How Does It Impact Monthly Payments?
Mortgage applications, especially for refinancing, soared in the week ended 12th Sept. and as rates hover at the lowest in a year.
Here's Why These AI and Storytech Stocks Surged Double Digits on a Volatile Tuesday
These stocks soared as US equity indexes declined markedly ahead of the US Federal Reserve's rate-cut decision on Wednesday afternoon.
Here's Why Point72's Steve Cohen's Bought Millions Worth of Biotech Stocks Last Week
New York Mets owner and billionaire investor Steve Cohen purchased two biotech stocks last week, one being a new addition to Point 72's portfolio.
Moderna Shares Surge After Recording Positive Phase 4 Prelim Data on COVID-19 Drug
Moderna shares rose by over 4% on a mixed Tuesday for US equities ahead of the US Federal Reserve's rate cut decision today.
Marjorie Taylor Greene Pours Into Pharma, Logistics, Utility and Tech Stocks in Latest Trades
Marjorie Taylor Greene purchased 12 stocks at the end of August, including Alphabet Class C shares, Merck & Co., Exelon Corp., Morgan Stanley, FedEx, and UnitedHealth Group.
80-Year-Old Full-time Worker Feels Blessed Despite Having $37 in Savings and Over $70K in Debt
Sandy McConnell earns $50,000 annually from her job and $1,784 monthly from Social Security, but a string of unfortunate family incidents has made it difficult for her to retire.
Marjorie Taylor Greene Piles Into PepsiCo and Palantir Stocks, Treasury Bills in Latest Trades
Congress member Marjorie Taylor Greene purchased PepsiCo and Palantir stocks, with each trade valued between $1,000 and $15,000. She also invested up to $750,000 in T-bills across three trades.
5 New Ways to Get Quick Access to Cash in 2025
Discover 5 safe and fast ways to get quick cash in 2025, including bank loans, cash advance apps, and payroll advances. Learn how to borrow wisely and avoid debt traps.
Citadel's Ken Griffin Boosts Stake in Mineral Projects Developer by 4,600% as Stock Jumps over 100% This Year
Ken Griffin's Citadel Advisors bought 3.69 million shares of NioCorp Developments at an average buy price of $3.14 per share. The mineral projects developer is currently expediting the construction of its Elk Creek Critical Minerals Project in Nebraska.
Kevin O'Leary's Mum Hid A Portfolio For 55 Years — It Changed How He Invests: Copy His Strategy Here
Kevin claims that his fiercely independent mother secretly saved money in stocks and bonds for 55 years, which yielded returns significantly higher than those of any hedge fund.