Elon Musk net worth surges past $300B as Tesla crosses $1 trillion
Elon Musk's support for President-elect Donald Trump has paid off in spades, with his net worth topping $300 billion on Friday, much of it for Tesla, whose market capitalization exceeds $1 trillion. It depends. Musk has donated nearly $120 million to pro-Trump super PACs, valued at $302 billion as of Friday. According to ForbesThis calculated […]
Trump Media shares plummet, costing former president more than $1 billion in net worth
Jeff Sica of Circle Squared Alternative Investments talks about Wall Street CEOs focusing on President Trump and five of the Magnificent Seven stocks to be reported this week. Trump Media & Technology Group's stock price reversed this week after more than a month of gains, a correction that reduced the net worth of former President […]
Grand Sierra Resort issues statement on $97 million tax request from City of Reno – Nevada Sports Net
Grand Sierra Resort, which is seeking $97 million in tax increment financing, released a statement Wednesday afternoon during a Reno City Council meeting ahead of a meeting with the Redevelopment Agency board. GSR plans a $1 billion private investment in the resort, including $400 million to house Nevada men's basketball and an AHL team owned […]
Analyst Backs Spot Bitcoin ETFs To Surpass Gold ETFs In Cumulative Net Inflows – TradingView
Nate Geraci, market analyst and president of ETF Store, supported the US-based Spot Bitcoin ETF to overtake the gold ETF in cumulative net flows. This prediction comes amidst incredible performance over the past few days as these Bitcoin ETFs attracted more than $2 billion in weekly net flows. Analyst says Spot Bitcoin ETF will surpass […]
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AI will tamp down inflation, provide greater ‘social safety net,’ Silicon Valley businessman says
Sarah Ponchek and Luke Lloyd discuss the outlook for technology and AI, the impact on air cargo and shipping rates from Shane and Tem, and the Fed's treatment of interest rates. A prominent Silicon Valley businessman and venture capitalist believes that artificial intelligence can drive deflation and generate enough growth to help people who are […]
NYC’s first ‘smart’ basketball hoop stripped of ‘Net features for this reason
Internet live streaming capabilities have been removed from New York City's first public “smart” basketball hoop, at least in part because New Yorkers can't be trusted not to do lewd things on camera. ah Portal. Paul Anton, Huupe's CEO, said the Huupe, which was donated by the manufacturer to Manhattan's Tompkins Square Park last month, […]