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TRUMP Memecoin Sale Cost Trader $33 Million In Potential Gains As Memecoin Plunges 76% From Market Top
Monday, February 3, 2025 - 12:55am | 710A 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...
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BlackRock Reportedly Faces $600 Million Loss In Alacrity Restructuring Ahead Of Earnings Report
Thursday, January 9, 2025 - 2:52am | 476A 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...
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How Warren Buffett Decides When To Sell a Stock: 'If the Competitive Advantage Disappears...We Sell'
Sunday, December 29, 2024 - 4:10pm | 356Warren 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...
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Warren Buffett's Stock Market Advice: Ignore Neighbor's Whispers On Stock Tips, Focus On Long-Term Value
Saturday, December 28, 2024 - 4:00pm | 548In 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...
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Warren Buffett's Timeless Advice: 'If You're Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn't Own A Stock At All'
Sunday, December 22, 2024 - 4:45pm | 526Warren 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...
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Investment Guru Peter Lynch: 'Often Great Investments Are The Ones Where Everyone Else Will Think You Are Crazy'
Saturday, December 21, 2024 - 4:00pm | 429Peter 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...
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Bill Ackman's Advice: 'Stay Away From Shorting Stocks, Avoid Commodity-Sensitive Industries, And You Do Great'
Saturday, December 21, 2024 - 2:30pm | 538If 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...
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JD Vance's Investment Playbook Has Bitcoin And ETFs: Here's What Else The VP-Elect Is Betting On
Wednesday, November 27, 2024 - 1:23am | 587Vice 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...
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Robert Kiyosaki Predicts Stock Market Crash, Says Invest In Gold, Silver, And Bitcoin
Sunday, October 13, 2024 - 3:00pm | 515Robert 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...
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'Catalyst States Are Hot': What's Driving Cannabis Investments In Key Markets
Thursday, September 26, 2024 - 4:37pm | 407As 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...
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Elon Musk Questions Legality Of OpenAI Going From Non-Profit To For-Profit Amid Apple, Nvidia Investment Buzz: 'OpenAI Is A House Of Cards'
Friday, August 30, 2024 - 5:51am | 709Tesla 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...
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'Rich Dad Poor Dad' Author Robert Kiyosaki Urges Shift To Bitcoin Amid Economic Uncertainty: 'Panics In Capital Markets Are Visible, Why Take The Chance'
Sunday, August 18, 2024 - 11:15am | 479Robert 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...
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Temasek Pours $30B Into US Amid Booming Economic Growth
Tuesday, July 30, 2024 - 8:36am | 562In 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...
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Goldman Sachs Casts Doubt On 'Exceptionally Expensive' AI Investments By Tech Companies
Sunday, June 30, 2024 - 1:14pm | 625A 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...
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Microsoft Set To Pour $7.16B Into New Data Centres In Spain's Aragon: Report
Friday, June 14, 2024 - 9:01am | 518Microsoft 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...