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El Salvador's Bitcoin Holdings Show $357 Million In Unrealized Profit As Bitcoin Closes At Record Highs
Monday, May 19, 2025 - 7:54am | 448El Salvador's bold foray into Bitcoin (CRYPTO: BTC) has entered a new chapter of profitability. As of May 19, the country's BTC portfolio stands at approximately $644.4 million, with an unrealized profit of $357.2 million, reflecting a gain of 124.39% on its initial investment of $287.2 million....
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Donald Trump's Crypto Ties Could Be A Banana Skin For The Industry: Report
Friday, May 16, 2025 - 11:33am | 718The cryptocurrency industry's increasingly close alignment with president Donald Trump and the Republican Party has put its future at the mercy of American electoral cycles, raising concerns about political overreach, regulatory uncertainty and reputational damage. What Happened: Once hailed as a...
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14 US State Pension Funds Now Hold $632 Million In Strategy Stock
Friday, May 16, 2025 - 10:46am | 365Fourteen U.S. state-level public retirement and treasury funds reported a combined $632 million exposure to Strategy stock (NASDAQ:MSTR) in the first quarter of 2025, marking a significant surge in institutional allocations toward Bitcoin-linked equities. What Happened: According to publicly filed...
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Lendr.fi Launches Liquid-Staked Real-World Asset Tokens
Friday, May 16, 2025 - 10:13am | 429Lendr.fi on Friday introduced a decentralized platform that lets investors gain on-chain exposure to real-world assets like real estate, ETFs and commodities, combined with liquid staking, a structure that adds passive yield while preserving asset ownership. Lendr.fi has emerged as the first...
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Jim Chanos Goes Long Bitcoin, Short MicroStrategy In Arbitrage Bet Against Retail Speculation
Friday, May 16, 2025 - 7:38am | 419Veteran short seller Jim Chanos on Thursday revealed a strategic arbitrage trade: long Bitcoin (CRYPTO: BTC), short Strategy (NASDAQ:MSTR). His position targets what he described as a widening and unjustified premium on MicroStrategy's stock relative to its Bitcoin holdings. “We're buying...
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Muddy Waters Doubles Down On AppLovin In New Short Report Ahead Of Q1 Earnings
Wednesday, May 7, 2025 - 3:20pm | 490Applovin Corp (NASDAQ:APP) shares are facing selling pressure again after short seller Muddy Waters Research released a bearish report on the company, which follows an initial short report from March. What To Know: AppLovin shares sold off in March after Muddy Waters announced a short position,...
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Tesla Board Denies Considering Elon Musk Replacement, Ford Reports 16% Sales Growth In April And More: This Week In Mobility
Sunday, May 4, 2025 - 6:08am | 578The past weekend was a rollercoaster ride for the business world, with a particular focus on the electric vehicle (EV) giant, Tesla Inc. (NASDAQ:TSLA). From criticism of Tesla’s robotaxi economics to insider stock sales, the EV industry was abuzz with news. Meanwhile, Ford...
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Robinhood Wants To Offer Access To Private Companies Like SpaceX, OpenAI To 25M Retail Investors, CEO Calls Status Quo 'Crazy'
Thursday, May 1, 2025 - 4:35am | 636Financial services company, Robinhood Markets Inc. (NASDAQ:HOOD), is working towards allowing its 25 million predominantly small, retail customers access to private company shares. What Happened: During its first quarter earnings call on Wednesday, Robinhood CEO Vlad Tenev told investors that...
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Short Seller Jim Chanos Slams Trump's Reindustrialization Hopes: Says $3-Per-Hour Apple Supplier Foxconn Workers Were 'Too Expensive' — Questions If 'Those Jobs Are Coming Back'
Thursday, May 1, 2025 - 3:31am | 612Prominent short seller Jim Chanos has challenged the U.S. government’s manufacturing aspirations, highlighting the economic realities keeping iPhone production overseas. What Happened: Chanos responded with skepticism to Commerce Secretary Howard Lutnick‘s vision of bringing iPhone...
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Short Seller Jim Chanos Slams Tesla Robotaxi Economics As 'Ridiculous,' Citing Dead Miles, Insurance Costs And Cleaning Expenses
Wednesday, April 30, 2025 - 7:12am | 603Prominent short seller Jim Chanos criticized Tesla Inc.‘s (NASDAQ:TSLA) robotaxi economic projections on Monday, calling the figures “ridiculous” and pointing to several overlooked cost factors. What Happened: Chanos, responding to a Tesla investor’s profit calculations on X...
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George Soros, Cathie Wood-Backed Autonomous Trucking Firm Kodiak Robotics Set To Go Public Via SPAC Merger To Tap $4 Trillion Market
Tuesday, April 15, 2025 - 7:25am | 634Kodiak Robotics, a U.S.-based autonomous trucking startup, will go public following its announcement on Monday of a merger with Ares Acquisition Corporation II (NYSE:AACT), a Special Purpose Acquisition Company (SPAC). What happened: In an official statement, the company, which has logged over 2.6...
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Jim Chanos Shrugs Off Elon Musk's $25 Trillion Optimus Projection, Short Seller Quips, 'He Thought DOGE Would Save $1-2 Trillion'
Tuesday, April 15, 2025 - 3:28am | 659Prominent short seller Jim Chanos took aim at Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s ambitious market cap projections, drawing parallels to previous claims about cost-cutting initiatives. What Happened: “He also thought DOGE would save $1-2 trillion, too,” Chanos wrote Monday on...
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Robinhood Says Its 'Cortex' AI Investment Tool Will 'Bridge The Gap' Between Institutional And Retail Investors: Here Is What It Can And Can't Do
Friday, March 28, 2025 - 2:59am | 545Robinhood Markets Inc. (NASDAQ:HOOD) has launched Robinhood Cortex on Wednesday, with early access granted to Gold members, an AI-powered investment tool designed to offer real-time analysis, trade suggestions, and market insights. What Happened: Announced at the company's second annual Gold...
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Nvidia-Backed CoreWeave's IPO Comes In Below Expectations At $40 Per Share
Thursday, March 27, 2025 - 11:12pm | 580CoreWeave priced its initial public offering at $40 per share, below the expected range of $47 to $55, signaling investor caution despite demand for artificial intelligence-driven cloud computing services. What Happened: The offering consists of 37.5 million shares, with CoreWeave selling 36.59...
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Trump Pardons Nikola Founder Trevor Milton, Short Seller Jim Chanos Reacts: 'Please Tell Me This Is A Hoax'
Thursday, March 27, 2025 - 9:25pm | 481Short seller Jim Chanos expressed disbelief Thursday following news that former Nikola Corp. (NASDAQ:NKLA) founder Trevor Milton had received a full and unconditional pardon from former President Donald Trump. "Please tell me this is a hoax," Chanos wrote on X, reacting to the decision. What...