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Citadel Bumps Stake in SPAC by 1,300% Days Before SEC Approved Its Merger With Nuclear Plant Developer
Citadel Advisors purchased around a million shares of a blank cheque company just before it received SEC approval for a merger with a leading nuclear technology firm, which recently secured multiple government contracts.
Elon Musk Hits $500B Net Worth Milestone and Could Be World's First Trillionaire by 2033
Tesla chief Elon Musk's net worth briefly surpassed $500 billion before paring down to $470 billion as Tesla shares surged in Wednesday trading.
Zillow Stock Skids 4.5% After FTC Lawsuit — Is It Still A Buy Now?
Zillow's stock declined yesterday after the FTC filed a lawsuit against the company and Rocket Companies' Redfin for entering a $100 million unlawful agreement to suppress competition in the online rental housing advertising market.
This Nvidia-Backed AI Stock Rallied Hard After Inking a $14B Cloud Deal With Meta Platforms
Nvidia-backed AI data centre operator CoreWeave shares rose almost 12% on Tuesday after it announced a long-term cloud deal with Meta Platforms.
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.
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.
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%.
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.
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.
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.
Jeff Bezos Sells Another Batch of Amazon Shares Worth $1.5B Under a Prearranged Plan
Amazon founder Jeff Bezos sold another batch of company shares worth $1.5 billion under a 10b5-1 plan. He has sold over $2.3 billion worth of the stock in July, weeks after his marriage to Lauren Sanchez.
Nvidia Shares Jump After Reversal of Ban to Export H20 AI Chips to China, Which Cost the Company $10B
Nvidia shares gained 4.3% during early Tuesday trading after the company said the Trump Administration is set to lift its ban on the export of H20 AI chips to China.
Nvidia CEO Jensen Huang's Net Worth Reaches $143.6B, Surpassing Warren Buffett's
Nvidia CEO Jensen Huang became the 7th richest person globally with a net worth of $143.6 billion, surpassing Warren Buffett's fortune of $142.4 billion.
Jeff Bezos Sold 3.4M Amazon Shares Worth $768.9M A Week After Marriage With Lauren Sanchez
Amazon founder Jeff Bezos sold 3.4 million Amazon shares worth $768.9 million based on the Thursday closing price of $222.26 per share. The stock sale was completed between 3rd and 9th July across four trades.
Citadel's Ken Griffin Invests $124M in Medicare Advantage Firm Days Before Its Victory in Ratings Case
Citadel Advisor's Ken Griffin bought over 9.1 million shares of the Alignment Healthcare stock days before the tech-enabled Medicare Advantage company announced a partial victory in a legal battle against the Centers for Medicare and Medicaid Services.
Bitcoin Prices Reach Record High of $118,705 Days Before Congress' Crypto Week
Bitcoin prices surged to new highs days before Congress debates bills to shape the industry's regulatory framework, and coincides with a tech stocks rally.
Mustang Bio Stock Jumps 180% After FDA Grants Orphan Drug Status to Brain Cancer Drug
Mustang Bio stock surged over 180% on Monday after the FDA granted its brain cancer drug candidate an orphan drug designation.
Tesla Short Sellers Make $1.4B in Profits on the Stock Price Crash, Musk's Net Worth Drops $15.3B
Tesla short seller made $1.4 billion in profits on the latest stock price decline as Elon Musk's net worth fell $15.3 billion in a single day to $346 billion.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
