Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Andreas Rentz | Getty Images Palantir shares continued their torrid run on Friday, soaring as much as 9% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from the New York Stock Exchange. The stock jumped past $64.50 in afternoon
WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday his nominee for interior secretary, North Dakota Governor Doug Burgum, will chair a new National Energy Council, which will oversee efforts to boost energy production. “This Council will oversee the path to U.S. ENERGY DOMINANCE by cutting red tape, enhancing private sector investments across all sectors of the Economy, and by focusing on INNOVATION over longstanding, but totally unnecessary, regulation,”
By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway (NYSE:) said on Thursday it made new investments in Domino’s Pizza (NYSE:) and Pool Corp (NASDAQ:) in the third quarter, even as it retrenched from stocks such as Apple (NASDAQ:) and Bank of America. Berkshire owned 1.28 million Domino’s shares worth about $549 million as of Sept. 30. It also owned 404,000 shares of Pool, a distributor of swimming pool supplies, worth
Blockaid scanned over 180 million transactions of Backpack’s users between June and September, detecting more than 71,000 malicious activities on the Solana network. Source link
A pack of Dogecoin investors who claimed Elon Musk rigged DOGE are dropping their appeal following a judge’s ruling against their case in August. Disgruntled DOGE investors first sued Musk in 2022, accusing the Tesla CEO of orchestrating a pump-and-dump scheme with his public praise of Dogecoin on Twitter (now X) and Saturday Night Live. In August, a US judge sided with Musk, failing to see any evidence to support the alleged
Trump’s Win, Economic Challenges Lead to Tougher Outlook for Renewable Energy Stocks: Morgan Stanley The recent U.S. presidential election results, including a Republican sweep, have raised questions about the future of renewable energy under President-elect Donald Trump’s leadership. Morgan Stanley’s report evaluates the economic impact on renewables under various policy scenarios and its effects on earnings. The analyst has adjusted its view on the clean tech industry to “In-Line” from
German Chancellor Olaf Scholz told Russian President Vladimir Putin on Friday that Russia’s deployment of North Korean troops against Ukraine was a “grave escalation” of the conflict, according to government sources. In the first phone call between the leaders in nearly two years, Scholz called on Putin to end the war and pull Russian troops out of Ukraine. The Kremlin described the conversation as “a detailed and frank exchange of
A warehouse for Texas Pool Supply, a company that’s part of SRS Distribution, carries pool parts such as filters and heaters, along with large buckets of pool chemicals. It’s an example of the specialized business that Home Depot includes after acquiring SRS. Melissa Repko | CNBC PLANO, Texas — In a suburban warehouse, giant buckets of pool sanitizer and boxed-up heaters and pumps line the shelves. This isn’t a Home
Billionaire investor Ron Baron, a longtime Tesla bull and shareholder, said he believes the electric vehicle company could hit a $5 trillion market capitalization in a decade, and that CEO Elon Musk has an even higher number in mind longer term. “Tesla, I think, is going to be worth $3 [trillion] or $4 trillion — $5 trillion in 10 years, based upon the business plan that I am aware of.
Other top-tier banks/wealth management operations, including Morgan Stanley, Cantor Fitzgerald, Royal Bank of Canada, Bank of America, UBS and HSBC, didn’t add to or subtract much from their positions. A new entrant was Australian investment bank Macquarie Group, which purchased 132,355 shares of IBIT worth $4.8 million. Wells Fargo, which has a very minor stake in the ETFs, held most of its shares in the Grayscale Bitcoin Trust (GBTC) and
