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DeepSeek Could Shatter Overvalued US Stocks as America's AI Spending Comes Under Scrutiny
DeepSeek's R1 AI model claims to match OpenAI's o1 model by multiple benchmarks for a fraction of the development costs.
Morgan Freeman's Tesla Stock Profits Surged By 3,000%: 'I'm A Huge Fan Of Elon Musk'
Morgan Freeman disclosed owning Tesla shares in 2016. Since then, Tesla share prices have jumped by over 3,000% to close at £326.27 on 24 January.
Trump's Davos Speech, Stargate AI Plan, and Robust Earnings Lift S&P 500 To All-Time High
Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.
Pelosi Sells 31K Apple and 10K Nvidia Shares, Eyes New AI and Utility Firm in a Major Portfolio Reshuffle
Pelosi sold Apple and Nvidia shares while betting on Tempus AI and Vistra Corp. She also bought call options for both Amazon and Alphabet Class A stocks.
CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.
Moderna Stock Plummets 16% After £819.59M Guidance Cut Over Respiratory Vaccine Flop
Moderna is expediting its cost-cutting program and rolling back R&D amid a drop in vaccination rates and low revenues from a new vaccine.
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.
Nancy Pelosi's Portfolio Beats Top Hedge Funds With 54% Gains in 2024
Nancy Pelosi's investment portfolio jumped 54% in 2024, beating popular investment portfolios like Inverse Cramer and hedge funds like Discovery Capital Management, DE Shaw Oculus, and Bridgewater China.
Tesla Stock Drops 6% on Annual Sales Decline Despite Record Q4 Deliveries as BYD Closes in Fast
Tesla's drop in annual sales marks the first year-over-year decline. However, analysts think the launch of Tesla's lower-priced EV this year, the growing uptake of its full self-driving software, and the robotaxi testing could take the company's market cap beyond £1.61 trillion.
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.
Elon Musk's xAI Raises £4.78B to Ramp up R&D Across His Firms as Revenues Near £79M Annually
xAI raised £4.78 billion to accelerate training its next-generation powerful AI model, Grok 3, alongside enhancing technology across SpaceX and Tesla.
Jeff Bezos Sells 16.35M Amazon Shares Worth £2.41B as Blue Origin Gears up for New Glenn Launch
Jeff Bezos has sold almost £10.74 billion worth of Amazon (NASDAQ: AMZN) stock this year. Experts say he is bankrolling Blue Origin projects, including the New Glenn reusable rocket, which is scheduled for launch in a few weeks.
Bill Gates Dumps 5.93M Microsoft and 2.48M Berkshire Hathaway Shares, Boosts FedEx Stake by 65% in Q3
Microsoft is facing a wide-ranging antitrust probe, while Warren Buffett's Berkshire Hathaway shares could be overvalued, according to the Oracle of Omaha himself.
Palantir Joins the Nasdaq 100 Index as Stock Price Surges by Over 340% This Year
The Palantir stock continues its year-long rally on the back of expanding government contracts and deployment of AI services in the commercial space with a focus on the manufacturing industry.
Warren Buffett Breaks 6-Year Streak, Doesn't Buy Back Berkshire Shares Despite $320B Cash Pile
Billionaire and renowned value investor Warren Buffett avoided buying back Berkshire Hathaway shares in Q3 as he deemed his company could be overvalued.
Donald Trump Wins The 2024 US Elections, Here Are Five Stocks You Should Buy Today
Trump's reelection could boost IPO activity, make banking regulations more lenient, and buoy energy stocks as he plans to drill from day one of his second tenure as US President.
Kevin O'Leary Shocked To Discover His Late Mom Secretly Built Massive Wealth For 32 Years: Her Investment Strategy Revealed
Kevin O'Leary reveals his mother's secret 32-year wealth-building strategy through disciplined saving and diversified investing.
US Mom To Sue McDonald's After Daughter Hospitalised With Acute Kidney Failure Following Quarter Pounder Meal
A U.S. mother is planning to sue McDonald's after her teenage daughter developed acute kidney failure, allegedly due to an E. coli infection from a Quarter Pounder, amid a wider outbreak linked to the fast-food chain.
Robert Kiyosaki's Passive Income Playbook: Top Five Ways To Make Money Effortlessly
Robert Kiyosaki believes investing in assets like dividend stocks, real estate, annuities, and loans can offer stable and regular income. He also suggests collecting royalties from the sale of intellectual property for additional income.
Mark Cuban's Passive Income Playbook: Top Seven Ways To Make Money While You Sleep
Mark Cuban said that dividend-paying stocks, REITs, and high-yield savings accounts are among the easily accessible investment options people can explore for passive income.
Tesla Day Trader Loses Entire $306M Fortune, Sues Canadian Bank For 'Misleading' Financial Advice
Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes.
45% Americans Could Run Out Of Money In Retirement Despite Financial Planning: 4 Mistakes To Avoid
Americans who have saved their entire lives in retirement plans face the risk of going broke in their golden years because many deplete their funds severely through premature withdrawals and lack proper tax planning for post-retirement income.
Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA
Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.
Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects
Warren Buffett bought over half a million shares of Ulta Beauty at a cheap valuation, potentially hinting that the ongoing cosmetics market slump is a short-term hurdle rather than a long-term trend.
'I Just Want To Close The Wealth Gap!': Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away
Conservative comedian Alex Strenger wore a face mask and posed as a Democrat with a Bernie Sanders baseball cap before heckling the former house speaker over her stock trading activity.
Netflix's Ramit Sethi Says You Can Retire A Multi-millionaire And Build Generational Wealth In Seven Steps—Here's How
Millionaire author Ramit Sethi shared his detailed retirement strategy of diversifying investments in often-overlooked retirement accounts to help protect investments and capital gains from taxes, inflation, and market volatility.
Warren Buffett Splashes $185 Million For 1 Million Shares Of This Leading Aerospace Company In Q2
Buffett invested heavily in the Class A shares of Heico Corporation, which continues to post record net sales and income growth while returning value to investors via cash dividend hikes.
'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies
Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.
Warren Buffett Ups Stake in SiriusXM by Over 250% In Q2 As Liberty Media Merger Nears Completion
Buffett's move comes ahead of the planned SiriusXM-Liberty Media merger to create a new firm representing the SiriusXM brand for a simplified ownership structure and enhanced trading liquidity.
Jeff Bezos-Backed Real Estate Investment Startup Lets You Own Prime US Residential Properties Online with Only $100
Arrived lets you buy prime, vetted single-family rentals across dozens of US markets online for monthly rental income and net-worth growth through value appreciation.