Michael Burry Sells Entire Portfolio Except One Stock in Q1; Places $186M Put Calls on Nvidia, China Stocks
Scion Asset Management CEO Michael Burry sold his entire portfolio in Q1 but doubled down on a beauty giant. He also placed massive put calls on China tech stocks.
May 19, 2025 8:44 AM EDT
Undocumented Florida Woman Fined $1.82 Million by ICE for 20-Year Overstay
A 41-year-old undocumented Honduran woman living in Florida has been fined $1.82 million by ICE for failing to leave the country following a 2005 removal order
Bill Gates' Children Set To Inherit Less Than 1% Of His £85.7bn Fortune: Who Are They?
Bill Gates has pledged to donate 99% of his fortune by 2045, leaving under 1% to his three children. Here's some quick facts about Jennifer, Rory, and Phoebe Gates.
How High Can Bitcoin Fly This Cycle? Blockchain Pioneer Projects Between $500K And $1M
Adam Back, a famous cypherpunk and blockchain pioneer, believes Bitcoin's current price is too low and it could go as high as $1 million per $BTC this cycle if it manages to log a new all-time high.
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US, China Slash Tariffs but Uncertainty Looms Over Trade Deal
US and China reduce tariffs temporarily, but uncertainty remains over the future of their trade deal.
May 14, 2025 8:57 AM EDT
Microsoft Co-Founder Bill Gates Decides To Give Away 99% of His Wealth via Foundation by 2045
Bill Gates wrote in a recent blog post that he plans to give away 99% of his £127 billion fortune over the next two decades via the Gates Foundation.
May 13, 2025 8:45 AM EDT
Apple Settles Siri Snooping Case for $95M and You Could Get a Payout
Apple agreed to a $95 million settlement over claims that Siri mistakenly captured private conversations. U.S. users of Siri-enabled devices may qualify for compensation if they submit a claim by July 2, 2025.
May 12, 2025 1:32 PM EDT
Trump's New Budget Boss: Russell Vought to Lead 'Ruthless' Government Cuts After Musk Steps Down
Russell Vought, Trump's new OMB chief, is slashing £7.4bn and reviving Schedule F to fire federal workers. Efficiency or chaos?
May 12, 2025 7:49 AM EDT
Most Stocks Lifted By Hopes For US-China Talks After UK Deal
The mood among investors has improved substantially since the US president unveiled his "Liberation Day" blitz last month, sending markets spinning and fuelling global recession fears.
May 09, 2025 8:39 AM EDT
Markets Spike Over Quote About Trump Considering a Pause On Tariffs, Dip Again After Proven False
Markets suddenly spiked on Monday over a quote attributed to the director of the National Economic Council. They dipped again after it was proven false
Apr 07, 2025 11:46 AM EDT
Phoenix Energy: From Mineral Rights to Integrated Energy Leader
Phoenix Energy has been operating in the oil and gas industry since 2019, with offices in Colorado, Wyoming, Florida, California, and Texas. Initially focused on mineral rights acquisition, the company has since transitioned into a fully integrated oil and gas production firm, expanding its role within the domestic energy sector.
Mar 05, 2025 10:42 PM EST
A Look at Recent Strategic Leadership Changes in the Mining Industry and Solaris Resources
Solaris Resources, a copper exploration and development company with its flagship Warintza Project in Ecuador, recently appointed a new CEO to navigate the company's plan to migrate from Canada to Switzerland and take the Warintza Project to the next phase.
Feb 06, 2025 9:17 PM EST
Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor
The reason behind the so-called "phantom wealth" of millennials is quite interesting.
Jan 31, 2025 8:49 AM EST
DeepSeek's Use of Nvidia AI Chips Prompts Lawmakers To Urge Trump For Export Restrictions
The latest AI model launched by DeepSeek has been making extensive use of Nvidia's chips.
Jan 31, 2025 8:47 AM EST
Costco Boosts Hourly Pay To Over $30 Amid Union Tussle, DEI Backlash
Costco Wholesale plans to raise hourly wages for most U.S. store workers to over $30 as part of a phased approach over three years, despite ongoing contract negotiations with the Teamsters union and scrutiny from Republican attorneys general regarding its DEI policies.
Jan 31, 2025 3:56 AM EST
OpenAI Targets $340B Valuation In New Funding Round
Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.
Jan 31, 2025 3:55 AM EST
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