Arthur Hayes, Chief Investment Officer of Maelstrom and co-founder of BitMEX, stuck to his $250,000 year-end price target and $1 million by 2028 for Bitcoin (CRYPTO: BTC) in a recent interview, driven by trillions worth of fiat liquidity injection. What Happened: In an…
Former President Barack Obama warned that artificial intelligence is "coming to your neighborhood faster than you think," saying the technology is already reshaping white-collar work and could accelerate economic disruption. What Happened: Speaking with historian Heather Cox Richardson at The…
Semler Scientific (NASDAQ:SMLR), one of the earliest publicly traded U.S. companies to adopt Bitcoin (CRYPTO: BTC) as a primary treasury reserve asset, announced Thursday that it plans to accumulate at least 10,000 Bitcoin by the end of 2025 and expand…
Elon Musk’s AI venture, xAI, is reportedly on the brink of securing a $5 billion debt raise, led by Morgan Stanley, despite modest investor interest. What Happened: The $5 billion debt offering—comprising a floating-rate term loan, a fixed-rate loan, and secured bonds—is scheduled to be…
Harvard and Yale Universities are offloading significant portions of their private equity (PE) holdings, a move that, despite occurring at a discount, highlights a booming secondary market where buyers employ a technique known as “NAV squeezing” for potentially massive returns,…
Bernstein analysts have identified the tokenization of real-world assets (RWAs) as a transformative trend that could reshape global finance, outlining how blockchain-based tokenized markets, though still early in development, are on track to become a multi-trillion dollar industry as infrastructure…
Tesla Inc. (NASDAQ:TSLA) battery supplier, Contemporary Amperex Technology Limited, or CATL, has delivered 1 million battery packs to Li Auto Inc. (NASDAQ:LI). What Happened: The Chinese battery giant delivered the 1-millionth battery pack in the presence of CATL founder and…
Billionaire hedge fund manager Bill Ackman is once again highlighting what he sees as one of the Federal Government’s most overlooked assets, its stake in mortgage finance giants, the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and the Federal…
The Mosaic Company (NYSE:MOS) shares slipped 5.3% at last check Friday during the pre-market trading session. The company revised its second-quarter and full-year 2025 outlook, adjusting phosphate guidance downward while raising price expectations. The company now sees Q2 diammonium phosphate…
Mastercard Incorporated (NYSE:MA) disclosed a collaboration with PayPal Holdings, Inc. (NASDAQ:PYPL) to enhance consumer choice and control during checkout. The partnership will now enable Mastercard and PayPal to co-develop new features leveraging Mastercard’s One Credential, bringing these solutions to a…
