Bitcoin's recent price drop has some folks scratching their heads, but not everyone is worried. Jordi Visser, a seasoned investor with over three decades of experience, has a different take. He thinks what's happening now is similar to what happens after a big initial public offering (IPO). Early in
Tom Lee, a well-known Wall Street strategist, has become a key figure in the Ethereum community. His background in traditional finance has helped bring a sense of trust and credibility to the cryptocurrency world. Michael Saylor, a prominent Bitcoin advocate, recently praised Lee's influence, statin
Meta, the company behind Facebook, has been putting a lot of money into AI. They just upped their spending plan for the year. But not everyone is happy about it. Some experts on Wall Street are worried. They think Meta is spending too much, too fast. They're not sure if this AI stuff will pay off. ...
Stocks worldwide are on the rise as traders keep an eye on the Federal Reserve's upcoming interest rate decision. Before markets opened, the S&P 500, Dow Jones, and Nasdaq were all up, following record highs the day before. This surge comes as investors hope for a rate cut due to a slowing job marke
The finance world is getting a makeover, and it's not just about the suits and ties anymore. For the past eight years, a spotlight has been shining on the young guns making waves in finance. These aren't your typical old-school bankers. They're the deal closers, the fundraisers, and the disruptors w
Big banks from the U. S. are making a move to Saudi Arabia. Citigroup just opened its new regional office in Riyadh. This is a big deal because it shows that Wall Street is getting more serious about doing business in the Middle East. The new office is in the famous Kingdom Tower. This is different
Ken Griffin, the big boss of Citadel, recently shared his thoughts on AI at a big finance conference. While many on Wall Street are excited about using AI to pick stocks, Griffin isn't convinced it's the magic solution. He said AI can help with some tasks, but it's not great at finding those specia
Warner Bros. Discovery's stock has been on a wild ride. It recently hit a three-year high, and not just because of a single bidder. Multiple parties are now showing interest in buying all or part of the company. This news has investors excited, especially after a rough few years. Paramount has been
The 1929 Wall Street crash was a big mess. It all started with too much easy money and people betting crazy on stocks. On Black Thursday, things went downhill fast. Panic spread, and soon, the whole world felt the pain. It wasn't just about numbers; real people lost jobs and homes. The crash wasn't
Wall Street has been quick to jump on the crypto bandwagon, especially when prices were soaring. They rushed to create and sell ETFs linked to altcoins, which are known for their wild price swings and low trading volumes. But the recent crypto crash has shown just how risky these investments can be.
