Gold has once again taken center stage in global financial markets. Since late 2023, the precious metal has been on an upward trajectory, reaching unprecedented heights. What’s behind this new gold rush? Historically, It’s no secret that gold tends to perform well in uncertainty and economic recession periods. With wars raging, political upheavals, and countries’…
Cathie Wood is the CEO of ARK Investment Management LLC, renowned for prioritizing investments in groundbreaking technologies such as AI, genomics, electric vehicles, and blockchain. ARK’s ETFs particularly popular among investors interested in technology-driven growth. Here’s What Cathie Wood Means About the Future of the Economy in Her Letter to Investors. 1 – Monetary Policy…
OpenAI, Inc., best known for developing ChatGPT, has a board of directors who oversee its nonprofit entity. They represent shareholders’ interests when making pivotal decisions regarding an organization’s policy, strategy, and finances. Nonprofit organizations such as OpenAI, Inc. operate for charitable, educational, or similar purposes, with any profits reinvested to advance the organization’s mission. OpenAI,…
Navigating the Complex Landscape of Citigroup’s 1.5 Year Autocallable Contingent Coupon Securities – An Investment Tied to the Pulse of the Nasdaq-100 and S&P 500 Indices”
According to an SEC filing, Rumble Inc., an industry leader in video-sharing platforms, recently secured $100 million in equity financing. The Form D document filed on June 11, 2023, indicates that the company still needs to disclose the names of investors participating in its financing round. Typically this filing occurs when raising capital through private…
Hollywood has completely stopped due to the Writers Guild of America strike, and it will take a while before it goes back to normal. The strike, impacting movie and TV show productions, had been considered a possibility since at least the beginning of the year and officially started at 12:01 a.m. Pacific Time Zone on…
Bank runs are making headlines in the news. But what does it mean? Has this happened before, and what can we expect to come? As if high inflation, recession, and the threat of a world war weren’t enough, dive in as we explore the why behind Silicon Valley Bank’s collapse and its consequences. Fear is a…
Elon Musk is one of the defining figures of our times. Seen by some as a world-saving hero, by others as a Bondian villain, sometimes as an eccentric, almost trillionaire, and other times as a dangerous influencer. Musk leaves no one indifferent. Even the most disconnected from the business world know him and have an…
Elon Musk is one of the defining figures of our times. Some see him as a world-saving hero, others as a Bondian villain. Sometimes an eccentric, almost trillionaire, and dangerous influencer. Musk leaves no one indifferent. Even the most disconnected from the business world know and have an opinion of him. While not the first,…
(VIANEWS) – A lot could go wrong with Tesla’s (TSLA) fourth quarter earnings call after the markets close on Wednesday. The market seems to be in agreement with TSLA stock down -1.3% in Wednesday’s premarket. This, however, puts it directly in line with NASDAQ futures, which are declining due to meager growth and outlook from…
