Tag: mdash
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Bitcoin’s biggest fans are hedge fund baby boomers
Bitcoin is the best holiday gift for an underperforming hedge fund director. Just ask SkyBridge Capital’s Anthony Scaramucci, who’s diving after his fund of hedge funds submitted its worst annual performance as 2008. That’s going to become a coincidence.Whatever one’s misgivings about the sustainability of this cryptocurrency’s no cost rally — it has doubled in…
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‘One of the nuttier things I’ve seen’: MAGA civil war erupts in Georgia
Georgia’s Republican civil war just got a lot messier. A new schism — this one between MAGA compels — is taking shape, further threatening GOP unity in advance of the Jan. 5 runoffs for the state’s two Senate seats. In the center of the conflict is pro-Trump trial lawyer Lin Wood. His advocacy for President…
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Buffett bets big on an IPO for first time in 54 yrs
By Tae Kim and Tara LachapelleAs investors fret over whether high-flying technology stocks have gotten too frothy, the recent volatility isn’t scaring away Warren Buffett’s Berkshire Hathaway Inc. — at least not when it comes to getting in on the ground floor of what may be one of the year’s most sought-after tech IPOs. Yes,…
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You think FAANG is distorting the S&P? Consider ATM
By Shuli RenMany have lamented the lack of depth in the US stock market, marveling at how a handful of big tech companies have grown to dominate almost a quarter of the S&P 500 and become responsible for all of this year’s gain. But that lopsidedness is nothing next to China, where the top three…
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How to get the most bang for your buck when shopping for used vehicles from rental car companies
Justin Sullivan/Getty Images A brand new fleet of premium rental cars that are bargain-priced is flood the used auto market following the travel industry and major rental car companies, including Hertz and Avis, experienced an financial downturn that is enormous. If you’re looking to purchase a rental car, it’s crucial that you get some due…
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NASA added 6 HD video cameras to its next Mars rover so we can all watch the first footage of a spacecraft landing on another planet
NASA is planning to launch its own Perseverance rover, also a car-sized nuclear-powered robot, also into Mars on July 30. After hitting Mars, the rover will perform a descent into the surface that will require a heat shield, supersonic parachute, and crane. NASA is expecting to record a lot of shooting and the descent with…
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China’s military has become one of the world’s most powerful, but the US still has one big advantage
China has spent decades upgrading and modernizing its military, adding new, more sophisticated gear and expanding training. Despite that work and investment, China’s armed forces still lag behind the US in terms of actually putting that equipment and training to use in combat. Visit Business Insider’s homepage for more stories. February 1979 was the last…
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Tesla will surge another 24% over the next year as it grows to $100 billion in revenue by 2025, says new biggest bull on Wall Street (TSLA)
JMP Securities on Monday boosted its Tesla price target to $1,500, the most bullish goal on Wall Street. Stocks of Tesla surged as much as 11%, to a all-time high of $1,342. The target cost is according to a trajectory of Tesla getting a company with $100 billion in revenue by 2025. It is 24%…
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Elon Musk’s ex-wife Talulah Riley issued a statement denying she was procured for Musk as a ‘child bride’ by Ghislaine Maxwell
Actress Talulah Riley released an announcement Saturday denying rumors that she had been procured as a”child bride” for her ex-husband Elon Musk by Ghislaine Maxwell, the woman accused of trafficking heterosexual women for Jeffrey Epstein. Maxwell was detained by the FBI on Thursday, along with networking users started a photo on Twitter of Musk standing…
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The all-new Ford F-150 was just revealed — here’s a closer look at the market-leading pickup truck (F)
Ford Ford shown that the much-anticipated 2021 F-150 pickup truck on Thursday in Detroit. This is the 14th creation of the F-150, the best-selling car in the US for 43 consecutive years. Ford did not radically revamp the layout — the brand new F-150 is no Tesla Cybertruck — although the company did add numerous…