Billionaire bitcoin investor and MicroStrategy founder Michael Saylor will pay $40 million to settle a tax fraud lawsuit brought by Washington, DC, Attorney General Brian Schwalb.
Investors
Wise Shares Decline 10% Following Announcement of Lowered Revenue Expectations
Wise's stock plunged 10% after projecting slower revenue growth, expecting a 15-20% income increase for FY ending March 2025, down from 31% last year.
Japanese General Trader Marubeni Invests on Amata's Vietnamese Industrial Park
Marubeni Corporation recently announced that it was participating in the development and operation of an industrial park in Vietnam run by a subsidiary of the Thai industrial developer Amata Corporation.
Tesla Courts Small Investors to Vote for Musk's $56 Billion Payday
Tesla rallies retail investors through social media to support Elon Musk's $56 billion payday package as it faces divided opinions from bigger investors.
Investors Pull Back on Texas Power Company as AI-Driven Energy Demand Fade
Vistra Corp., a Texas-based power producer, heads for a massive 14% weekly loss since 2021 as investors retreated from AI-driven electricity demand bets.
Latest News
E*Trade is considering banning meme-stock influencer Keith Gill from its platform due to concerns about potential stock manipulation following his recent large purchases of GameStop options.
Mexican assets plummeted on Monday after Claudia Sheinbaum's landslide victory and substantial congressional majority raised fears of anti-market reforms, with the peso falling 4% before partially recovering.
Keith Gill, aka "Roaring Kitty," seemed to be holding $116 million in GameStop, enabling its share price to double.
The million-dollar question remains: who is David Yong, and why is he super rich? (Photo : Screenshot from YouTube | David Yong) Singaporean businessman David Yong appeared in the Netflix series Super Rich In Korea, and his entrance was rather bold.
JPMorgan will expand the use of its generative AI tool "Moneyball" later this year to help portfolio managers make better investment decisions and avoid mistakes.
Nvidia is poised to overtake Apple as the world's second-most valuable company. The logo of Nvidia is seen during the Hon Hai Tech Day in Taipei on October 18, 2023.
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Elon Musk's startup xAI plans to build a supercomputer by fall 2025, using tens of thousands of NVIDIA H100 GPUs at a cost of billions, to power a significantly smarter iteration of its Grok chatbot.
The SEC has approved Ether ETFs, marking a significant milestone for the cryptocurrency industry by simplifying investments and potentially boosting wider adoption.
