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Elon Musk Says Mohammed Bin Salman And Trump Were 'Impressed' With Tesla Optimus As The Humanoid Robot Danced To 'YMCA'
Wednesday, May 14, 2025 - 4:34am | 502Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk revealed that both Saudi Crown Prince Mohammed bin Salman and U.S. President Donald Trump were impressed by the company’s Optimus humanoid robot during a demonstration in Riyadh, where the robot danced to “YMCA.” What Happened: “We just...
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Fintech Focus For March 24, 2021
Tuesday, March 23, 2021 - 5:37pm | 1742Quote To Start The Day: Before anything else, preparation is the key to success. Source: Alexander Graham Bell One Big Thing In Fintech: M1 is staking its claim as an alternative to the gamification of investing popularized by apps like Robinhood but also an alternative to traditional asset...
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Get A Mortgage To Pay You With This ETF
Tuesday, May 30, 2017 - 4:22pm | 599Investors who remember the role various real estate-related securities played in global financial crisis may be skittish about embracing an exchanged-traded fund dedicated to mortgage-backed securities, but some funds dedicated to this asset class are relatively low risk and offer investors an...
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Is The Marketplace Loan ABS Market Just Like The MBS Market A Decade Ago?
Friday, June 10, 2016 - 1:14pm | 337Former Bear Stearns mortgage-backed securities (MBS) trader Perry Rahbar recently wrote about the danger of financial innovation without transparency. According to Rahbar, innovation without transparency was the true underlying cause of the Financial Crisis. Rahbar argued that the MBS market itself...
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Forget Material Things, We Are Now Living In A Securitized World
Monday, August 31, 2015 - 1:07pm | 668The bursting of the housing bubble that led to the Financial Crisis of 2008–2009 made the world acutely aware of the size and potential impact of the asset-backed securities (ABS) market. At the height of the bubble, the mortgage-backed security (MBS) market alone grew to nearly $2 trillion...