Tag: AI

Posts with tag: AI

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Asset Managers Jump Into Bitcoin ETFs as Cryptocurrency Soars

Institutional investors boosted allocations to U.S. bitcoin ETFs in Q4 2024 amid a 47% surge in the cryptocurrency's value. The State of Wisconsin Investment Board doubled its holdings, while Tudor Investment Corp, Mubadala Investment Co., Hunting Hill Capital, and other financial firms increased their exposure.

Matthews Int'l Unveils Governance Changes Amid Proxy Fight

Matthews International announces corporate governance changes ahead of shareholder vote in boardroom battle. Company to appoint new independent board chair, director with EV expertise, and amend bylaws ensuring annual director elections.

Airbnb Looks Beyond Vacation Rentals

Airbnb stock soared over 14% on Friday after the company reported strong earnings and announced plans to expand beyond vacation rentals.

Berkshire Hathaway Discloses Constellation Brands Investment, Reduces Citigroup and Bank of America Holdings

Warren Buffett's Berkshire Hathaway invests in Constellation Brands, while reducing stakes in Citigroup and Bank of America.

Intel Stock Rallies on Domestic AI Chip Production Hopes

Intel's stock surges 23% on AI chip speculation and potential TSMC joint venture. Vice President JD Vance's bullish comments and reports of a US-backed collaboration with TSMC fuel the rally.

Tesla Stock Finds Support Above 100-Day Moving Average

Tesla's stock rebounds after falling over 30% YTD; analysts remain bullish despite production challenges in China and declining used car prices.

The Founder of TIGER 21 on How Ultrawealthy Individuals Manage Their Money and Kids

TIGER 21, founded by Michael W. Sonnenfeldt, is a membership organization for high-net-worth individuals to connect and discuss finances, investments, and legacy planning. With nearly 1,600 members, TIGER 21 helps individuals navigate the complexities of wealth preservation, family governance, and estate planning.

Nvidia's Portfolio Changes Drive Wild Stock Swings

Nvidia's latest equity holdings disclosure triggers wild swings in stock prices, with WeRide and Nebius Group soaring and Serve Robotics and SoundHound plummeting.

Nissan-Honda Merger Falls Through

Nissan and Honda's planned merger is off, leaving Nissan in search of new partnerships. Despite Honda's higher share prices, Nissan's CEO warns of survival challenges without a major partner.

Trump's Reciprocal Tariff Plan: India's Exemption Prospects Amidst Global Negotiations

Trump announces reciprocal tariffs, delays implementation to pursue negotiations