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...
SpaceX, Super Micro Computer, Micron And More: 5 Stocks Investors Couldn’t Stop Buzzing About This Week
Retail investors talked up five hot stocks this week (June 8 to June 12) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings,...
Jim Cramer Says SpaceX’s Mega Debut Could Unleash A Wave Of AI Deals In The Week Ahead
CNBC’s Jim Cramer warned Friday that SpaceX‘s (NASDAQ:SPCX) historic market debut could accelerate a fresh wave of AI equity offerings, potentially...
This GOP Congresswoman’s Family Bought xAI Shares— Now They Could Be Sitting On A Six-Figure SpaceX Gain
The family of a senior House Republican could be sitting on a sizable paper gain after an investment in Elon Musk’s artificial intelligence startup...
Robinhood Says SpaceX Debut Frenzy Triggered ‘Record-Breaking’ Traffic
Robinhood (NASDAQ:HOOD) saw “record-breaking” traffic Friday after SpaceX (NASDAQ:SPCX) shares began trading on Nasdaq. In an X post, the financial...
BlackRock Gets Another Shot At NYC’s Massive Pension Mandate
BlackRock Inc. (NYSE:BLK) got a rebid opportunity to retain New York City pension mandates on Friday, as Comptroller Mark Levine opened a...
OpenAI Reportedly Faces Legal And Regulatory Storm As States Probe AI Safety and Consumer Protections Ahead Of IPO
OpenAI is reportedly facing a multi-state investigation as attorneys general examine the company’s data practices, safety measures and the potential...