November 8, 20240 Comments

Donald Trump says he has no plans to sell DJT stock, calls for probe into “market manipulators”

President-elect Donald Trump took to Truth Social on Friday to reiterate that he doesn’t plan to sell shares of Trump Media & Technology Group. He also called for an investigation from “the appropriate authorities” into “market manipulators or short sellers,” whom executives at the company and shareholders have previously blamed for volatility in the stock, which trades under the ticker symbol DJT. DJT shares jumped shortly after Trump’s post, gaining

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November 8, 20240 Comments

Jim Cramer on Apple after more selling from Warren Buffett’s Berkshire

Another day. Another Apple headline. The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company’s earnings report Saturday. The Omaha-based conglomerate reduced its stake by about 25% during the third quarter. But it still held roughly $69.9 billion worth of Apple shares at the end of September. Apple remains, by far, Berkshire’s biggest position. Berkshire, which has also been selling down its

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November 8, 20240 Comments

How Samsung fell behind in the AI boom behind rival SK Hynix

A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday, April 4, 2024.  SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics was once the dominant player in a type of semiconductor known as memory, putting it in a great position to capitalize on the boom of artificial intelligence. But the South Korea electronics giant has now fallen behind its long-time rival

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November 8, 20240 Comments

Musk joined Trump’s call with Ukraine’s Zelenskiy, media reports say By Reuters

WASHINGTON (Reuters) – Elon Musk joined a congratulatory call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskiy on Wednesday, according to media reports. During the 25-minute call, Trump told Zelenskiy he would support Ukraine, without providing details, while Musk said he would continue to support the country with his Starlink satellites, Axios reported, citing unidentified sources. News of the call comes as Trump moves closer to choosing his top

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November 8, 20240 Comments

$80,000 Bitcoin Incoming in November, Predicts Crypto Trader Michaël van de Poppe – But There’s a Catch

A closely followed crypto analyst believes Bitcoin (BTC) is gearing up for the next leg up. In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X that Bitcoin could soon soar more than 5% from its current value. However, the analyst says that Bitcoin may first retest the $71,679 level before potentially hitting $80,000. “Bitcoin is consolidating around a new

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November 8, 20240 Comments

BlackRock’s IBIT Bitcoin ETF Surpasses iShares Gold ETF in Net Assets, Reaching Over $33,000,000,000

New data reveals that asset management titan BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has surpassed its gold counterpart in terms of net assets. In a new thread on the social media platform X, Nate Geraci – co-founder of the ETF Institute – notes that BlackRock’s iShares Bitcoin Trust ETF (IBIT) took only 10 months to surpass the IShares Gold Trust (IAU), which launched many years ago. “iShares Bitcoin ETF (IBIT)

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November 8, 20240 Comments

Will Trump and Musk unleash a small government revolution?

Breadcrumb Trail Links News Economy Political outsider like Musk could help cut regulation and rein in bureaucracy, even if moves unpopular Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 08, 2024  •  7 minute read You can save this article by registering for free here. Or sign-in if you have an account. The idea that Elon Musk, left, could play a direct role in

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