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Michael Saylor’s MicroStrategy invests $1.1 billion to add 18,300 Bitcoins to its holdings

MicroStrategy, once known for its business software, continues its transformation into a “Bitcoin development company” by significantly expanding its Bitcoin holdings. The company, led by Executive Chairman Michael Saylor, has…

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Wells Fargo faces OCC enforcement, but Jim Cramer sees opportunity in stock

Shares of Wells Fargo & Co (NYSE: WFC) dipped following news of an enforcement action by the Office of the Comptroller of the Currency (OCC), citing the bank’s insufficient anti-money…

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Here’s why the Redfin, Compass, and Zillow stocks are rising

Redfin (RDFN) stock price has gone parabolic since I wrote about it in August. It soared to a high of $14.5 on Friday, its highest level since August 2023 and…

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Venezuela’s tourism paradox: Rich in resources, but struggling to attract tourists

Venezuela, a country blessed with natural wealth and stunning landscapes, faces a tourism paradox. Despite its abundant resources, the nation struggles to attract international visitors due to severely reduced aviation…

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Is Uber a buy following robotaxi deal with Waymo?

Uber Technologies Inc. (NYSE: UBER) saw its stock jump over 5% on Friday after announcing an expanded partnership with Waymo, the autonomous driving subsidiary of Alphabet Inc. The collaboration will…

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Flowcarbon, co-founded by WeWork’s Neumann, refunds investors after failed carbon credit token launch

In a setback for WeWork co-founder Adam Neumann’s latest venture, Flowcarbon, the climate-focused startup is refunding investors after failing to launch its Goddess Nature Token (GNT). The company cited unfavorable…

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Is Rivian truly ‘one or two programs away from bankruptcy’?

Despite Rivian Automotive Inc. (NASDAQ: RIVN) surpassing Wall Street expectations in its latest quarterly report, the electric vehicle (EV) maker remains at serious financial risk. Joe McCabe, President and CEO…

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CDC data highlights surge in obesity rates, driving demand for weight loss drugs

Recent data from the Centers for Disease Control and Prevention (CDC) underscores a dramatic shift in obesity trends across the US over the past decade. The 2023 figures highlight a…

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Are Lloyds Bank, NatWest, and Barclays at risk from Revolut?

UK bank stocks have done well this year, helped by the relatively strong economy and higher interest rates that have pushed their net interest income (NII) to their highest level…

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Boeing factory workers to strike, halting jet production

In its first major labour strike since 2008, thousands of Boeing’s US West Coast factory workers will walk off the job after 96% of them voted in favour of a…

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