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Harvard's endowment revealed a $2.2 billion SpaceX stake
Harvard University's endowment has revealed a $2.2 billion investment in SpaceX. The disclosure comes as institutional investors r
topicDollar Falls Sharply as Prospects Dim for Fed Rate Rise
The US Dollar has fallen sharply, hitting its lowest level since early June. This decline stems from traders scaling back bets on
topicMeta and BlackRock’s $14bn data centre exposes lenders to insurance gap
A 14 billion dollar AI data center partnership between Meta and BlackRock in Texas is exposed to significant financial risk due to
topicWarren Buffett's Portfolio Is Looking Even More Like The Dow Jones Index. This Is Why.
Berkshire Hathaway expanded its investment in Alphabet by 83%, with Warren Buffett stating the move was his own idea. Second-quart
topicWhat Nvidia's $500 billion Wall Street deal signals about the AI boom
Nvidia is establishing AI compute infrastructure financing platforms to mobilize over $500 billion in third-party capital. The com
topicInvestor dubbed the ‘AI stock god’ had 56% of his hedge fund invested in these two stocks before the July blow-up
Leopold Aschenbrenner's Situational Awareness fund suffered a collapse in July after an $11 billion bet on artificial intelligence
topicUber, Zipline Partner With Goal of Hitting 1 Million Drone Deliveries a Day
Uber Technologies and Zipline have formed a partnership to integrate drone delivery into the Uber Eats network across the United S
topicNike Falls 3% to a Fresh 52-Week Low as China Weakness Overshadows Its Wholesale Rebound
Nike shares fell 3% to a new 52-week low as economic weakness in China outweighed a recovery in wholesale performance. The stock h
The Jeep Cherokee Just Returned Only to Be Replaced in 3 Years: TDS
Jeep will launch a next-generation Cherokee in 2029, only three years after the nameplate's initial revival. The vehicle will be p
topicChina's Unitree unveils 'Superman' robot as fervour builds ahead of Shanghai debut
Unitree has revealed a new robot named "Superman" that the company claims can outrun Usain Bolt. The unveiling comes as the humano
topicUS tech stock correction likely, warn ECB economists
Economists at the European Central Bank predict a correction for US tech stocks and the broader AI market. The bank warns that the
topicSupreme Court rejects Verizon bid for $47 million refund of FCC fine
The US Supreme Court denied a limited rehearing petition from Verizon, ending the company's attempt to recover a $47 million fine
topicAmtrak reopens East River Tunnel line damaged by Superstorm Sandy, easing Penn Station bottleneck
Amtrak has restored train service in Line 2 of the East River Tunnel after completing the first phase of a rehabilitation project.
topic‘Buy Now, Pay Later’ Lenders Pitch Loans for Needs Like Electricity and Rent
Buy Now, Pay Later (BNPL) providers are expanding their services to include essential living expenses such as rent and electricity
topicStripe strikes mega-deal for OpenRouter
Stripe is purchasing AI company OpenRouter in a deal valued at over $7 billion. The acquisition aims to establish Stripe as a gate
topicAmazon, which started off selling books, is destroying rare texts to train AI
Amazon is destroying rare and antique books to acquire training data for its AI models. A reporter used a hidden AirTag to locate
topicIce cream brand sold at Kroger, Walmart and Target files for bankruptcy
An ice cream brand sold nationwide at retailers including Kroger, Walmart, and Target has filed for bankruptcy. The filing occurs
topicJane Street’s $15 Billion Loss Lays Bare Its Hedge Fund Side
Jane Street lost $15 billion in July, marking its first down month in ten years. Sources link the loss to Situational Awareness an
topicJim Cramer says it’s not too late to own any one of these 4 soaring memory stocks
Jim Cramer states that investors can still buy into four soaring memory stocks as the AI memory boom continues. This optimism alig
topicGen X Retirement Savings: Typical Balances, Gaps, and Why Many Fall Short of Benchmarks
Generation X is struggling to meet retirement benchmarks, with nearly 20% of the cohort planning to work indefinitely. Financial g
topicBarclays shakes up investment bank less than three years since last overhaul
Barclays is restructuring its investment banking unit and has appointed Khan and former Bank of America executive Mike Joo as co-C
topicParamount wants a $1.9 billion bond from state AGs fighting the Warner Bros. merger
Paramount is demanding a bond of approximately $1.9 billion from state attorneys general and the WGA to cover costs associated wit
topicOusted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options
Defense contractor L3Harris has removed CEO Chris Kubasik following allegations of misconduct. While Kubasik forfeits $45 million
topicUS 30-year yields hit highest level since 2007 as war, oil worries fester
US 30-year Treasury yields have hit a 19-year high as investors react to geopolitical instability and economic concerns. This surg