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Billionaires Are Selling Nvidia and Buying a Bitcoin ETF That Cathie Wood Thinks Could Soar Up to 3,700%

Many billionaire investors loaded up on Nvidia‘s (NASDAQ: NVDA) stock as it soared over the past few years. That wasn’t surprising, since its soaring sales of artificial intelligence (AI)-oriented data center GPUs turned it into one of the market’s hottest growth stocks. Yet it also wasn’t surprising to see some of those big investors reduce […]

Sports

Real Madrid’s Vinícius Jr weighs buying Portugal club – source

Jan 10, 2025, 02:19 PM ET Real Madrid star Vinícius Júnior is considering buying a football club in Portugal’s second division, a source has told ESPN. The Brazil international — currently in Jeddah, Saudi Arabia, for the Spanish Supercopa — is thinking about diversifying his business interests with an eye to his future career plans […]

Technology

Disney makes antitrust problem go away by buying majority stake in Fubo

Fubo’s about-face Fubo’s merger with Disney represents a shocking about-face for the sports-streaming provider, which previously had raised alarms (citing Citi research) about Disney’s ownership of 54 percent of the US sports rights market—ESPN (26.8 percent), Fox (17.3 percent), and WBD (9.9 percent). Fubo successfully got a preliminary injunction against Venu in August, and a […]

World News

Biden blocks Nippon Steel from buying US Steel

US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership could pose risks for national security. The controversial decision comes a year after Nippon Steel first announced the $14.9bn (£12bn) deal, describing it as a lifeline for its smaller Pennsylvania-based rival. But the transaction soon […]

Business & Finance

Buying SpaceX Stock Has Never Been Easier, But Beware The Risks

SpaceX EntrepreneurShares LLC SpaceX, Elon Musk’s visionary aerospace company, has become synonymous with innovation. From reusable rockets to the Starlink satellite internet network, SpaceX is transforming industries and cementing its place as a leader in space exploration. Unsurprisingly, it has also become one of the most sought-after investment opportunities globally. However, as a privately held […]

Technology

Trump Will Reportedly Block the US Government and Military From Buying EVs

The incoming Trump administration has even more plans to delay electric vehicle adoption than previously thought. According to Reuterswhich has seen transition team documents, the Trump team wants to abolish EV subsidies, claw back federal funding meant for EV charging infrastructure, block EV battery imports on national security grounds, and prevent the federal government and […]

Sports

Mat and Justin Ishbia, owners of Phoenix Suns, have interest in buying Minnesota Twins, per report

Mat and Justin Ishbia, the billionaire brother owners of the NBA’s Phoenix Suns, are potentially interested in making a bid to purchase the Minnesota Twins, Bloomberg reports. The Pohlad family has owned the Twins since 1984, and the club has won two World Series titles during their tenure. In October, however, team chairman Joe Pohlad […]