Weekend Round-Up: SpaceX’s Historic IPO, Musk’s Trillionaire Status, Paramount’s Major DOJ Approval And More
This week was a whirlwind of activity in the business world. From Oracle’s impressive Q4 results to SpaceX’s record-breaking IPO, there was no...
Consumer Tech News (Jun 8-12): SpaceX Debuts On Nasdaq, Big Tech Faces Political Scrutiny & More
Geopolitical Sen. Elizabeth Warren (D-Mass.) criticized Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg after his reported $300 million...
Ron Baron Calls Elon Musk A ‘Mensch’ After SpaceX Takes Off Following IPO: ‘This Feels Like Day One’
Renowned investor Ron Baron praised Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk’s leadership and hinted at his promising future...
Bernie Sanders Says Paramount-Warner Bros Discovery Merger ‘Not Acceptable’ After Elizabeth Warren Renews Calls To Block It
Sen. Bernie Sanders (I-VT) on Saturday announced his opposition to the merger between Paramount Skydance Corp. (NASDAQ:PSKY) and Warner Bros....
Mark Cuban Fires Back At Ro Khanna On AI, Says Ideology Is Not A Strategy: ‘Ask Your GenZ And Neediest Constituents’
Mark Cuban on Saturday fired back at Rep. Ro Khanna (D-Calif.), saying that governments should treat AI as a public investment aimed at cutting...
Trump Admin Unlikely To Expand Anthropic AI Export Curbs To OpenAI, Other Rivals: Report
The U.S. government is reportedly unlikely to extend Anthropic-related AI export controls to other companies. Security Concerns Drive Selective...
Trump Says Strait Of Hormuz To Reopen, Hunter Biden’s Pardon Admission And More: This Week In Politics
It’s been an eventful week in the political arena. Here’s a quick recap of the major political stories that unfolded this week. Trump Announces Iran...
Software Prices See Biggest Increase On Record As AI Data Centers Absorb Global Chip Supply
Consumer prices for computer software and accessories rose roughly 14.5% year-over-year in May, the largest annual increase in data dating back to...
‘We Can Talk About $10 Trillion In Wealth Alone:’ Morgan Stanley CEO Ted Pick Raises Growth Target
Morgan Stanley (NYSE:MS) CEO Ted Pick floated a $10 trillion wealth management target at the firm’s U.S. Financials Conference, building on record...
Adam Schiff Slams ‘Corrupt System’ After SpaceX’s Public Debut Makes Elon Musk World’s First Trillionaire
Sen. Adam Schiff slammed what he called a “corrupt system” after SpaceX‘s (NASDAQ:SPCX) historic Nasdaq debut made CEO Elon Musk the world’s first...
Trump’s Name Comes Down From Kennedy Center After Court Order, Rep. Garcia Hails Victory For ‘Democracy’
Rep. Robert Garcia (D-Calif.), ranking member of the House Oversight Committee, called the removal of President Donald Trump‘s name from the Kennedy...
Amazon CEO Andy Jassy Triggered Ban On Anthropic’s Mythos AI Models: Report (UPDATED)
Editor’s note: The story has been updated to include a comment from an Amazon spokesperson. Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy was...
Mark Cuban Was Once Richer Than Elon Musk And Jeff Bezos Combined— But The Reason He ‘Didn’t Care’ Will Surprise You: ‘I Was Trying To Win With…’
Billionaire Mark Cuban disclosed that he was once wealthier than Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk and Amazon.com (NASDAQ:AMZN) founder...
Charlie Munger Once Said Mastering Big Ideas Across Disciplines Made Him ‘Enormously Rich, But Also Warned About Keeping Your ‘Light Under A Bushel’
Billionaire investor Charlie Munger once credited his success to learning the most important ideas from multiple disciplines, but he also warned...
Crypto Trader Confesses: I Watched $80 Million Become $500,000, ‘Revenge Trading Is Just Grief With A Chart’
A crypto trader known as Jawz posted Friday that he turned a presale allocation into $80 million, only to see his net worth evaporate to $500,000...