Tim Cook Gets $16 Million After Selling Roughly 200,000 Apple Shares
Tim Cook sold 196,410 Apple shares this week, according to an SEC filing.
Investors
Elon Musk's xAI Nears $18 Billion Valuation Following Major Funding Round Amid Rising Investor Interest
Elon Musk's xAI Corporation is approaching the end of a major investment round, with investors valuing the business at $18 billion.
FTX Bankruptcy: Refunds Expected for Most Customers, Excludes Crypto Gains
The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims...
JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading
The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading...
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged sharehol..
Amgen Challenges Novo Nordisk, Eli Lilly in Weight Loss Drug Market as Investors Flock for Next Obesity Drug Payout
Amgen witnessed an impressive 12% surge in its shares on Friday, marki...
Capital Gains Tax Increase: What Investors Need to Know About Biden's Proposed Changes
Several financial experts say the Biden administration’s proposal to r...
Latest News
Ripple Enters $150 Billion Stablecoin Market with U.S. Dollar Backed Digital Currency
Ripple enters stablecoin market with USD-linked digital currency, challenging Tether and Circle, amid ongoing SEC lawsuit over XRP sales and commitment to its native token.
Trump Media Investors Plead Guilty to Insider Trading Charges
Brothers Michael Shvartsman and Gerald Shvartsman, originating from Florida, admitted to one count of securities fraud each in New York City on Wednesday.
HSBC Is Considering Selling Some Business Units in Germany to Focus on Asia as It Further Exits From Europe
HSBC is reportedly considering selling various business units in Germany.
Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion
Swiss banking giant UBS revealed a new share buyback program of up to $2 billion on Tuesday.
Looking to Make the Best Investment? Financial Adviser Says the Bible Can Help
Financial adviser explores how biblical stories offer timeless investment lessons.
Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
SingularityNET, Fetch.ai, and Ocean Protocol join to form the Artificial Superintelligence Alliance, merging $FET, $OCEAN, and $AGIX tokens to create a decentralized AI network worth $7.6 billion.
Donald Trump's Truth Social Stock Skyrockets on Its First Day of Trading on Nasdaq
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
Adam Neumann Offers Over $500 Million Bid to Reacquire WeWork, Report Says
Adam Neumann attempted to buy back WeWork, the office-sharing company he co-founded and once valued at $47 billion before filing for bankruptcy in November.
Citigroup to Complete Sweeping Overhaul This Week After Laying Off 5,000 Employees
Citigroup has entered the final phase of an extensive overhaul to streamline its operations and enhance performance.
