Nvidia in talks with Elon Musk about investing in xAI: source
Semiconductor giant Nvidia is in talks to invest in Elon Musk's fast-growing artificial intelligence startup xAI, people familiar with the matter said. XAI, which powers the insidious Grok chatbot on Musk's X social network, is in talks with some investors to raise billions of dollars. Approximately $40 billion valuationWSJ reported this week. Information reported that […]
Crypto index investing to start? U.S. asset managers seek SEC approval – AMBCrypto News
Hashdex and Franklin Templeton compete for US crypto index ETF. The diversification benefits of cryptocurrency indexes make them highly profitable. Based on recent filings from potential issuers, crypto index investing appears to be gaining momentum. On October 1, Hashdex filed an amended registration. filing (S-1) Filed with the U.S. SEC after the SEC requested more […]
EXCLUSIVE: Bill Cassidy To Introduce Bill To Stop Left-Wing Investing From Taking Over Retirement Funds
Sen. Bill Cassidy, Republican of Louisiana, on Thursday introduced a bill that would override a Biden-Harris administration rule that allowed retirement funds to consider factors such as racial justice and climate change when making investments. We plan to do so. The bill would require retirement funds to make investment decisions solely based on “financial factors,” […]
Black political firms ‘frustrated’ Harris campaign isn’t investing in minority businesses: ‘Pretty insulting’
Black Democratic activists have reportedly accused the Harris campaign of shunning minority-owned political organizations in favor of white-owned ones. The Allbritton Institute for Journalism's NOTUS reported on a call between Vice President Kamala Harris' presidential campaign and NAACP President Derrick Johnson, in which Johnson and others were frustrated with the campaign's progress on spending plans, […]
Robots are taking over New York, and Bill Gates is investing
New York City is becoming a boom city for the robot business, as companies develop robots and use them to provide massages. Installing roof shinglesautomation of medical testing, etc. “New York benefits from being a global city, with access to global capital customers in other cities,” said Jacob Hennessy, who runs the New York Robotics […]
Warren Buffett doesn’t pay attention to macro factors when investing, and here’s why – CNBC
Weakness in the job market, changing expectations for the Federal Reserve's next move, worries about a hard landing, risks of prolonged inflation, and a looming presidential election. None of this macroeconomic stuff matters to Warren Buffett. The Oracle of Omaha, who turned 94 last week, is a firm believer that successful investing is about finding […]
Biden investing $100M to spur housing construction
Biden Administration Announced $100 million investment Tuesday aimed to combat barriers to affordable housing construction. The funding will be provided through the Pathways to Removing Barriers to Housing program, which provides grants to state and local governments and other entities. Greater Effort “Identifying and removing barriers to the creation and preservation of affordable housing.” The […]
The Future Of Woke Investing
Estimated Reading Time: 2 minutes “Environment, Social and Governance” is a confusing mouthful of terms, but it’s the driving force behind making American businesses compliant to the left-wing agenda. As Justin Danhof, Esq., recently noted, it’s a “wildly important topic that’s not talked about enough.” Justin — who until recently was Director of the National […]
Kyla Scanlon explains Gen Z's divided attitudes toward investing – CNBC
Economic commentator Kayla Scanlon has noticed some potentially worrying trends in the investment outlook of younger generations. “It’s a polarized world,” she said this week on CNBC’s “ETF Edge.” Scanlon, 26, who rose to prominence through her social media videos about the markets and the economy, explained why some members of Gen Z are saving […]
Jim Cramer’s guide to investing: Use rallies to raise some cash – CNBC
CNBC’s Jim Cramer told investors that it’s important to take advantage of big rallies to prepare for a down day in stocks. In other words, you should raise some cash when stocks are rising. “The next time you see a big rally for a day or two, please take advantage of the momentum and raise […]