The Trump family reportedly earned around $2.3 billion from various crypto ventures including World Liberty Financial, TRUMP meme coin, ALT5 Sigma, and American Bitcoin. Meanwhile, retail investors involved in these cryptocurrencies have suffered significant losses. This highlights the risks retail investors face in crypto markets where insiders may profit heavily. The situation raises concerns about transparency and fairness in crypto investments linked to high-profile figures.
Economist Robert Reich criticized Elon Musk-led SpaceX's upcoming IPO, calling it the 'universe's largest Ponzi scheme' due to its high valuation at roughly 100 times projected 2025 revenue. Reich highlighted concerns about SpaceX's speculative goals...
US stock futures advanced on Friday with gains in Nasdaq 100, S&P 500, and Dow Jones, supported by strong corporate earnings and a high likelihood the Fed will keep interest rates steady. Investors are watching SpaceX's upcoming IPO debut, expected t...
ArrowMark Financial Corp. announced a monthly cash distribution of $0.15 per share for June 2026, payable on June 30 to shareholders of record on June 23. The company reported Q1 2026 net income of $0.52 per share based on average shares, surpassing ...
Nvidia has appointed Bruce Andrews, a seasoned Washington lobbyist and former Intel government affairs head, as Chief External Affairs Officer to manage its relations with US policymakers amid tightening export controls on AI chips to China. This mov...
The S&P 500 surged 1.75% to 7,394.30 following President Trump's announcement of a nearing peace deal with Iran, which eased fears of conflict and led to lower oil prices. Semiconductor stocks rebounded strongly, supporting the rally, although some t...
