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    Major insider slashes nearly all of its stake in Trump’s media firm

    by skolnes September 26, 2024
    September 26, 2024

    (Reuters) – One of the biggest shareholders in former U.S. President Donald Trump’s media company has all but eliminated its stake following the recent end of selling restrictions. United Atlantic …

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    Costco Wholesale misses quarterly revenue estimates on still-muted spending

    by skolnes September 26, 2024
    September 26, 2024

    (Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices. …

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    What’s Driving Warren Buffett’s Massive Investment In Sirius XM’s $8B Market Cap

    by skolnes September 26, 2024
    September 26, 2024

    What’s Driving Warren Buffett’s Massive Investment In Sirius XM’s $8B Market Cap Warren Buffett is all in on Sirius XM and people are curious why. Let’s break it down with …

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    Schwab Splitting Shares for Two-Thirds of ETF Lineup

    by skolnes September 26, 2024
    September 26, 2024

    Charles Schwab Schwab Asset Management is splitting shares on two-thirds of its 33 exchange-traded funds, aiming to stimulate sales with lower share prices. The company announced this week an effort …

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  • Cryptocurrency News

    Super Micro Computer stock plunges on report of DOJ probe

    by skolnes September 26, 2024
    September 26, 2024

    AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by the US Department of Justice. The …

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    Trump Seeks to Wipe Out Biggest Debt Costing $112,000 a Day

    by skolnes September 26, 2024
    September 26, 2024

    (Bloomberg) — Donald Trump’s lawyers are on a mission to wipe out his biggest financial liability — a nearly half-billion dollar civil fraud verdict in New York that’s soaring by …

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    A surfer without a degree is worth $16 billion after his biotech company’s stock soared 1,100% in a year

    by skolnes September 26, 2024
    September 26, 2024

    Bob Duggan is the CEO of Summit Therapeutics.Summit Therapeutics A surfer who never graduated from college has made billions in the biotech industry. Summit Therapeutics CEO Bob Duggan is worth …

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  • Cryptocurrency News

    Super Micro Probed by US Following Hindenburg Report, WSJ Says

    by skolnes September 26, 2024
    September 26, 2024

    (Bloomberg) — Super Micro Computer Inc. is under investigation by the US Justice Department following a short-seller report that raised questions about the company’s accounting practices, the Wall Street Journal …

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    Why ExxonMobil, ConocoPhillips, and Shell Stocks Dropped Today

    by skolnes September 26, 2024
    September 26, 2024

    Thursday is looking like a rough day for oil stocks. Oil prices are falling, and oil stocks are following them down. As OilPrice.com reports, Brent crude oil prices fell 2.8% …

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  • Cryptocurrency News

    Where Will Palantir Be in 3 Years?

    by skolnes September 26, 2024
    September 26, 2024

    Palantir‘s (NYSE: PLTR) share price has soared 162% over the past year as the company has benefited from demand for its artificial intelligence (AI) technology. But those gains have left …

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