The Money Maniac
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This week, all eyes are on Nvidia. The $3.5 trillion AI titan reports earnings, aiming to defend its jaw-dropping 187% rise this year. Expect the market to be on edge.
Exciting news! The latest 13F filings are out, giving us a glimpse of what Wall Street was up to last quarter. Think of these as hedge fund highlight reels.
But it's not just crypto! The S&P 500 and Dow also had their best weeks of the year as investors anticipate a more pro-growth and laissez-faire economic environment.
Remember, markets don't "root"—they react. And with Trump’s election victory now official, the market’s immediate reactions are in. All 3 major stock indices closed on Wednesday at record highs.
When your auditor resigns mid-audit, things get ugly fast. Super Micro’s stock plunged after Ernst & Young stepped down, saying it could no longer “rely on management’s and the Audit Committee’s representations.”
With Election Day around the corner, betting markets and polling data are in a heated debate that’s almost as intense as the actual race. why the discrepancy? Let’s break it down.
No, it's not Nvidia...
Goldman Sachs just rained on Wall Street’s parade with a prediction that the S&P 500’s returns could shrink to 3% annually over the next decade—down from the 13% gains of the past 10 years.
Coinbase is celebrating the return of “Uptober” as Bitcoin edges closer to all-time highs. Bitcoin ETFs had a huge week of inflows, pushing total net flows past the $20 billion mark—6x faster than gold reached that milestone.
The U.S. retirement system just got slapped with a C+ grade, ranking 29th out of 48 according to Mercer. Fortunately, you don’t have to settle for below average.
Tech enthusiasts geeked out over the walking, talking Optimus robot. But investors felt shorted on details about the autonomous Robotaxi.
According to the Congressional Budget Office, the 2024 budget deficit ended at a staggering $1.8 trillion—or about $12,000 per taxpayer.
