Tom Steyer invests $66 million in the race for California governor
Tom Steyer’s campaign for governor of California is spending money at a rapid rate, seemingly only able to be sustained by a continuous influx of cash. This month, Steyer contributed an additional $28.5 million to his campaign, bringing his total personal contributions to $66.7 million, based on recent campaign filings. Previously, he had donated $9.3 […]
Discover the Smart Vanguard ETF That Invests 45.3% of Its Holdings in Nvidia, Apple, Microsoft, and Alphabet
The Vanguard Mega Cap Growth ETF has shown a remarkable annual return of 18.8% over the past decade. It tracks the CRSP US Total Market Index, which includes all 3,498 companies listed on U.S. stock exchanges. Interestingly, the top 65 companies make up about 70% of the total value, illustrating a significant concentration of wealth […]
Mamdani invests millions in offices for racial equity and high-paying DEI positions.
New York City’s Budget Proposal Under Mayor Zoran Mamdani City officials have characterized parts of the new budget as a “last resort”. However, Mayor Zoran Mamdani is pushing forward with plans that significantly increase funding for a growing “racial equity” bureaucracy, including high-salaried diversity roles. To fund this ambitious $127 billion agenda, the proposal includes […]
Harvard Reduces Bitcoin Holdings by 21% and Invests $87 Million in Ethereum
As of December 31, the investment arm of Harvard University held 5.35 million shares of iShares Bitcoin Trust, valued at approximately $265.8 million, according to a Friday SEC filing. Bitcoin and Ethereum news Harvard Management Company made some significant changes in the fourth quarter, reducing its stake in BlackRock’s iShares Bitcoin Trust by 1.48 million […]
Kraft Heinz stops plans for separation and invests $600 million in revival efforts
Kraft Heinz Halts Breakup Plans, Shifts Focus to Growth Kraft Heinz is pausing its plans to split the company, with its new CEO affirming that the challenges the food giant faces are manageable. Instead, the focus will be on sparking profitable growth through a hefty $600 million investment strategy. In a recent company memo, CEO […]
Los Angeles invests vast sums in homelessness initiatives with minimal results.
Los Angeles Spending on Homelessness Faces Criticism Los Angeles is not exactly making strides to eliminate homelessness. In its 2025 budget, the city allocated $418 million, but only about 10% of that is aimed at truly getting people off the streets. A startling new report from City Hall indicates that a massive chunk of taxpayer […]
Peter Thiel, the billionaire behind Palantir, sells Tesla and invests in this consumer electronics company instead.
Key Takeaways Tesla’s stock is currently near peak levels despite challenges within the company. There’s a noticeable disconnect between stock market strength and the current shaky economic climate. Peter Thiel seems to prefer established blue chip stocks over growth options at this time. Peter Thiel, a prominent figure in entrepreneurship, has garnered attention on Wall […]
Louisiana Pension Invests $3.2 Million in Microstrategy
US Crypto News Morning Briefing Grab your coffee and take a deep breath. The developments surrounding Bitcoin, MicroStrategy, and pension funds are anything but ordinary. Institutional movements are subtle, and the recent filings illustrate a mix of opportunities, risks, and discussions. The Louisiana State Employees Retirement System (LSERS) recently revealed a $3.2 million investment in […]
Musk invests $10 million to support MAGA candidate in replacing ‘bad Trump’ Mitch McConnell
Elon Musk Donates to Kentucky Senate Candidate The world’s wealthiest individual, Elon Musk, has recently made a significant contribution to a Republican candidate looking to unseat Mitch McConnell from the Kentucky Senate seat, which McConnell has occupied for four decades. This news was reported by Axios. Just last week, Musk donated $10 million to the […]
Billionaire Bill Ackman Invests 39.5% of His Portfolio in These 3 Strong Stocks
You don’t need to be a hedge fund expert to gauge the value of certain stocks. Investing in stocks can be a solid way to build wealth over time, but with so many companies out there, picking the right one can be tricky. One method to find ideas is to see what successful investors are […]