Jeff Bezos Sells Another Batch of Amazon Shares Worth $1.5B Under a Prearranged Plan
Amazon founder Jeff Bezos sold another batch of company shares worth $1.5 billion under a 10b5-1 plan. He has sold over $2.3 billion worth of the stock in July, weeks after his marriage to Lauren Sanchez.
Nvidia Shares Jump After Reversal of Ban to Export H20 AI Chips to China, Which Cost the Company $10B
Nvidia shares gained 4.3% during early Tuesday trading after the company said the Trump Administration is set to lift its ban on the export of H20 AI chips to China.
Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul
US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington, DC.
Crypto Whales Add 2.2B Ripple XRP Coins in Two Weeks as Prices Surge 30% to $3
Crypto whales holding XRP increased from 7.6 billion coins to 9.8 billion since 1st July, a 2.2 billion addition of XRP tokens to portfolios amid growing investor confidence.
Nvidia CEO Jensen Huang's Net Worth Reaches $143.6B, Surpassing Warren Buffett's
Nvidia CEO Jensen Huang became the 7th richest person globally with a net worth of $143.6 billion, surpassing Warren Buffett's fortune of $142.4 billion.
Jeff Bezos Sold 3.4M Amazon Shares Worth $768.9M A Week After Marriage With Lauren Sanchez
Amazon founder Jeff Bezos sold 3.4 million Amazon shares worth $768.9 million based on the Thursday closing price of $222.26 per share. The stock sale was completed between 3rd and 9th July across four trades.
Citadel's Ken Griffin Invests $124M in Medicare Advantage Firm Days Before Its Victory in Ratings Case
Citadel Advisor's Ken Griffin bought over 9.1 million shares of the Alignment Healthcare stock days before the tech-enabled Medicare Advantage company announced a partial victory in a legal battle against the Centers for Medicare and Medicaid Services.
Bitcoin Prices Reach Record High of $118,705 Days Before Congress' Crypto Week
Bitcoin prices surged to new highs days before Congress debates bills to shape the industry's regulatory framework, and coincides with a tech stocks rally.
Trump's One Big, Beautiful Bill to Eliminate Taxes on Social Security Benefits for 90% of Recipients
The Social Security Administration stated that US President Donald Trump's bill will eliminate federal income taxes on Social Security benefits to offer immediate relief to seniors.
Mustang Bio Stock Jumps 180% After FDA Grants Orphan Drug Status to Brain Cancer Drug
Mustang Bio stock surged over 180% on Monday after the FDA granted its brain cancer drug candidate an orphan drug designation.
Tesla Short Sellers Make $1.4B in Profits on the Stock Price Crash, Musk's Net Worth Drops $15.3B
Tesla short seller made $1.4 billion in profits on the latest stock price decline as Elon Musk's net worth fell $15.3 billion in a single day to $346 billion.
Tesla Stock Tanks Over 7% After Elon Musk Announces Plan to Form a New Political Party
Tesla shares fell over 7% in early Monday trading, days after CEO Elon Musk said he was forming a new political party.
California Man Steals $100K From Mother to Invest in Bitcoin: What are Her Options?
A California man with access to his retired parents' financial accounts transferred $100,000 from his mother's account without her knowledge to invest in bitcoin and gave them used cars in return.
Warren Buffett Donates 9.4M Berkshire Shares to the Gates Trust Despite Rumoured Rift With Bill Gates
Buffett converted 8,239 class A shares of Berkshire Hathaway into 12.35 million class B shares out of which, 9.4 million were given away to the Gates Foundation while the remaining were donated to family foundations.
Mark Cuban's Tips on Selling Businesses Helped Robert Herjavec Make a Fortune on His Cybersecurity Deal
Robert Herjavec followed Mark Cuban's advice on selling businesses to postpone a $100 million sale in 2021, which enabled him to close the deal four years later at a significantly higher price.
Virginia Man Wins Jawdropping $384M Jackpot: Should He Take the Lump Sum or Annual Payout?
A person from Virginia won the $348 million Mega Millions jackpot, but can receive only $155.5 million if he chooses the one-time lump-sum payout option.
47-Year-Old Generated 7-Figure Net Worth Simply By Investing In This One Stock Since 2020
Étienne Breton aggressively bought the Palantir stock since 2020. He now owns close to 20,000 shares worth over $2.5 million.
Nvidia's $3.7T Market Cap Boosts CEO Huang's Wealth to $135B as he Offloads 200K Shares at Peak Price
Nvidia's market cap reached $3.7 trillion as the stock price reached an all-time high. The rally boosted the value of Jensen Huang's 4% stake in the company to $135 billion.
80% of 5.8M Delinquent US Student Loan Borrowers Could Reach Default Status in Months
Around 31% or 5.8 million of US student loan borrowers with outstanding debt are in late-stage delinquency, and over 80% of them could reach a default status by September, facing risks of wage garnishment and credit score declines.
Steve Cohen's Point72 Goes Heavy on Tech and Pharma Stocks, Investing Over $330M in Two Trades
Point72 Asset Management recently purchased over 10 million shares of Confluent and Amylyx Pharma common stock, worth more than $334.17 million.
US Social Security Retirement Age Raised to 67 Starting 2026—What Does This Mean for You?
Amendments to the Social Security Act decades ago ensured that the retirement age rises by two-month increments annually, and it reached 67 for those turning 65 in 2026 and after.
Social Security Trust Funds to Run Dry 1 Year Earlier Than Projected; Benefits to Drop by 19%
The Social Security Board of Trustees said in an annual report that Social Security Trust Funds, comprising Old-Age and Survivors Insurance and Disability Insurance, will have revenue to pay all scheduled benefits only until 2034, which is one year earlier than previous projections.
Trump's Deputy Chief of Staff Shaping Immigration Policies Holds Significant Stake in ICE Contractor Palantir
Donald Trump's deputy chief of staff, Stephen Miller, known for shaping the administration's stringent immigration policies, owns up to a $250,000 stake in Immigration and Customs Enforcement contractor Palantir Technologies, per a recent disclosure.
Tesla Stock Price Surge on Robotaxi Debut Boosts Elon Musk's Net Worth by $15B Overnight
Elon Musk's net worth reached $423.9 billion on Monday after Tesla shares jumped over 8% after it finally launched robotaxis after years of delay.
Marjorie Taylor Greene Buys Stocks Focusing on Tech, Energy, and a Biotech Firm That Recently Received FDA Approval for HIV Drug
US Congress member Marjorie Taylor Greene purchased shares of Adobe, Netflix, Snowflake, ServiceNow, NextEra Energy, and Gilead Sciences on 6th June.
Social Security to Stop Issuing Paper Cheques By End Of September, Affecting Half a Million Recipients: Here's What They can do
The Social Security Administration will stop issuing paper cheques starting 30th September to reduce fraud and misplacement while improving cost savings and overall operational efficiency.
Why This Chinese Herbal Medicine Stock Backed by BlackRock and Morgan Stanley Gained 50,000% in 6 Months Despite Posting Losses
Regecell BioScience Holding shares jumped 49,637% in the past six months on seemingly no news. The company develops traditional Chinese medicines to treat ADHD.
200 Central Banks, Foreign Entities Dump $48B in US Treasuries as Confidence in US Assets Falters
Global central banks continue to withdraw US Treasuries from the New York Federal Reserve since Trump's tariff play in late March. This trend could force the Treasury to hike yields to attract bond buyers, which could drive up borrowing costs.
Shares of This Tiny Herbal Medicine Company With No Profits Rallies 72,000%, Boosts CEO Wealth to $25 Billion
Regencell Bioscience Holding stock continues its blistering rally despite recording no profits from its traditional herbal medicines to treat ADHD since going public in 2021.
Amex Platinum Card Refresh in 2025 to Have Major Travel, Lifestyle, and Dining Upgrades
American Express is planning the largest investment to revamp its Amex platinum cards, which are expected to be rolled out in the latter half of 2025.
