Discover investing guides, market trends, and resources for informed decisions.
Funding
Despite a surge in investments in artificial intelligence (AI) startups, venture capital firms are experiencing historically low profits. In 2023, U.S. venture capital firms returned only $26 billion to investors, marking the lowest figure since 2011. This trend has persisted into 2024, with significant investments but limited acquisition deals
Investing
Bill Gates, co-founder of Microsoft and renowned philanthropist, manages a substantial investment portfolio through the Bill & Melinda Gates Foundation Trust. As of November 2024, the trust's portfolio is valued at approximately $45 billion, with a significant concentration in a few key holdings. Disclaimer: The information in this
Assets
Our online presence encompasses a vast array of assets, from social media accounts to digital currencies. Establishing a digital estate plan ensures these assets are managed according to your wishes after your passing. Why You Need a Digital Estate Plan Without a digital estate plan, your loved ones may face
Business Insights
Warren Buffett's Berkshire Hathaway has made notable adjustments to its investment portfolio, reflecting strategic shifts in response to current market conditions. New Investments * Domino's Pizza: Berkshire acquired approximately 1.28 million shares of Domino's Pizza, valued at $549.3 million as of September 30,
Real Estate
The decision to buy a home is significant, and timing plays a crucial role. Recent data indicates that the median age of first-time homebuyers has risen to 36, the highest on record. This trend suggests that many are postponing homeownership. Let's explore the advantages and disadvantages of delaying
Assets
Investing in gold can be a prudent strategy for diversifying your portfolio and safeguarding against economic uncertainties. However, it's essential to avoid common pitfalls that can undermine your investment. Here are 4 mistakes to watch out for: 1. Overconcentration in Gold Allocating too much of your portfolio to
Business Insights
In March 2024, Home Depot announced its acquisition of SRS Distribution for $18.25 billion, marking the largest purchase in the company's history. SRS Distribution, based in McKinney, Texas, operates over 760 branches across 47 states, supplying materials to professional roofers, landscapers, and pool contractors. This strategic move
Artificial Intelligence (AI)
Elon Musk's artificial intelligence startup, xAI, is in the process of raising up to $6 billion to acquire 100,000 Nvidia H100 GPUs for its forthcoming data center in Memphis, Tennessee. This facility aims to become one of the world's most powerful supercomputers, significantly enhancing xAI&
Business Insights
The Walt Disney Company reported strong fiscal fourth-quarter results for 2024, surpassing Wall Street expectations and highlighting significant growth in its streaming and film divisions. Financial Highlights * Earnings Per Share (EPS): Adjusted EPS rose by 39% to $1.14, exceeding analyst projections. * Revenue: The company generated $22.57 billion in
Media
In a surprising development, the satirical news outlet The Onion has acquired Infowars, the far-right conspiracy website founded by Alex Jones, through a bankruptcy auction. This acquisition, supported by the families of the Sandy Hook Elementary School shooting victims, aims to transform Infowars from a platform known for spreading misinformation
Real Estate
The New York City Council has passed the Fairness in Apartment Rentals Act (FARE), shifting the responsibility of paying broker fees from tenants to landlords. The legislation, approved by a 42-8 vote, aims to alleviate the financial burden on renters by prohibiting brokers representing landlords from charging fees to tenants.
Economy
The U.S. dollar has experienced significant strengthening, reaching its highest levels in years. This surge is attributed to robust economic growth, higher interest rates, and increased investor confidence in the U.S. economy. A strong dollar has both advantages and disadvantages. On the positive side, it makes imports cheaper