investment

A trader missed out on potential profit worth tens of millions after selling Official Trump (CRYPTO: TRUMP) at a significant discount on Saturday, failing to act during the meme coin’s peak. What Happened: The investor initially bought into TRUMP, the official cryptocurrency of President...

A major BlackRock Inc. (NYSE:BLK) fund is confronting a loss exceeding $600 million tied to its investment in the insurance outsourcing firm, Alacrity. This development emerges amid the company’s ongoing debt challenges. What Happened: A consortium of private credit funds, including...

Warren Buffett, renowned for his “buy-and-hold” investment philosophy, rarely sells stocks, making his decision to divest significant stakes a noteworthy event. Known as the “Sage of Omaha,” Buffett prefers to hold positions indefinitely, only selling when he believes a...

In an interview with Fortune in 2013, legendary investor Warren Buffett shared his insights on avoiding speculative investing and adopting a disciplined, long-term approach. What Happened: Buffett, known for his value investing philosophy, highlighted the importance of understanding the productive...

Warren Buffett, the iconic investor and chairman of Berkshire Hathaway (NYSE:BRK), is renowned for his timeless advice on wealth-building. What Happened: With a net worth of approximately $142 billion, Buffett's strategies resonate deeply with those seeking financial success. Among his key pieces...

Peter Lynch, a renowned investor and former fund manager of the Magellan Fund at Fidelity Investments, achieved a legendary compound annual return of 29% during the 1980s. What Happened: In a 1997 speech, Lynch shared key principles from his 25-year career that guided his success. He emphasized...

If your investment portfolio feels like a headache right now, legendary investor Bill Ackman says not to worry—it'll eventually be a "blip." What Happened: The billionaire hedge fund manager, who founded Pershing Square Capital in 2004, has built a fortune of $3.7 billion by sticking to a set of...

Vice President-elect James David Vance is a venture capitalist with investment experience in technology and connections to several notable industry mavens. What Happened: According to his pre-election financial disclosures dated Aug. 13, 2024, Vance’s top holdings include investments in ETFs...

Robert Kiyosaki, renowned investor and author, has expressed concerns over a potential stock market crash and highlighted the importance of investing in gold, silver, and Bitcoin (CRYPTO: BTC). What Happened: On Saturday, Kiyosaki took to X to share his views on the current state of the market. He...

As the cannabis industry matures, investors are rethinking what makes a company attractive for investment. Early-stage funding has slowed dramatically, forcing businesses to prove their financial stability and ability to grow in an increasingly competitive environment. These shifts come as key...

Tesla and SpaceX CEO Elon Musk, who co-founded OpenAI in 2015 and subsequently left it in 2018, has once again raised concerns over the legality of the ChatGPT-parent’s shift to a for-profit model. This comes in the wake of reports suggesting potential investments from tech giants such as...

Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” is urging for a shift towards Bitcoin (CRYPTO: BTC) as a crucial part of a diversified financial strategy. What Happened: In a post on X, Kiyosaki emphasized the importance of preparing for economic uncertainty...

In a recent move, Singapore’s state investor, Temasek, has declared its intention to pump as much as $30 billion into the U.S. market over the next five years. What Happened: Temasek’s investment strategy will primarily target sectors such as healthcare, financial services, and...

A report from Goldman Sachs has raised doubts about the potential return on investments in artificial intelligence (AI) by tech companies. What Happened: According to the report, companies are projected to invest over $1 trillion in AI. However, Goldman Sachs’ report expresses apprehension...

Microsoft Corp. (NASDAQ:MSFT) is reportedly planning a $7.16 billion investment for the construction of new data centres in Aragon, a northeastern region of Spain. What Happened: Microsoft has applied for a permit to construct data centres on the outskirts of Zaragoza city, Reuters reported on...