Investing

Investing
Investing

Trading Nvidia’s mega moment: The Investment Committee weighs in

Wall Street is once again buzzing after Nvidia delivered another blowout earnings report that has left investors questioning whether there is any ceiling to the artificial intelligence boom. The chipmaking giant continues to act as the primary engine for the broader market, turning every financial disclosure into a high stakes event that can sway indices

Read More
Investing

‘I gave him my life savings’: Woman alleges $80K investment loss

An Atlanta woman is speaking out after losing her entire life savings in what she describes as a fraudulent investment scheme. Monticha Hawkins claims that she and three friends were swindled out of a combined 80,000 dollars after being lured into an oil and gas venture by her former business partner, Vincent Carter. Trusting a

Read More
Investing

Democrats to investigate ‘miraculous’ rise of Trump Jr’s investment firm

Democratic members of a powerful congressional committee have launched an investigation into the meteoric rise of 1789 Capital, a venture capital firm that saw its fortunes shift dramatically shortly after recruiting Donald Trump Jr. as a partner following his father’s 2024 election victory. According to SEC filings highlighted by Representative Jamie Raskin, the firm’s assets

Read More
Investing

Heritage Park Apartments crisis: NAACP demands Minneapolis take action

The City of Minneapolis is moving toward a multi-million dollar rescue effort for the Heritage Park Apartments following an intense campaign led by the NAACP and local residents. For months, tenants have sounded the alarm over harrowing living conditions, describing homes plagued by mold, pest infestations, and sweltering indoor temperatures during recent heat waves. Some

Read More
Investing

Arrive Logistics plans 1,000 hires after Mubadala majority investment

Austin based Arrive Logistics is preparing for a massive wave of growth following a majority investment from Mubadala Capital, the global asset management arm of Mubadala Investment Company. While financial details of the deal remained private, the partnership signals a major turning point for the freight brokerage. The company plans to lean heavily into recruitment

Read More
Investing

There are a record 3,795 billionaires in the world right now—and just like Jeff Bezos, their favorite investments are sports and philanthropy

The world’s wealthiest individuals have reached an unprecedented peak, with the number of billionaires hitting an all time high of 3,795 people. According to recent data from wealth intelligence firm Altrata, these individuals now hold a combined fortune of 15.1 trillion dollars, marking a jump of nearly thirteen percent. Much of this staggering growth can

Read More
Investing

Factor Investing Is Very Much Alive

For years, a persistent narrative has circulated through financial circles suggesting that factor investing is effectively dead. The argument is simple and intuitive: once academic researchers discover a market anomaly and package it into a tradable product, waves of investor capital flood the trade, driving up prices and erasing any potential profit. Critics argue that

Read More
Investing

How Cigna’s AI chief is investing in the technology to cut costs and address some of health care’s biggest problems

When Katya Andresen stepped into her role as chief data, digital and AI officer at Cigna Group in 2021, she found an industry obsessed with a single question: how do we use AI? For Andresen, that approach was too narrow. Instead of simply chasing various tools or functions, she shifted the internal conversation toward how

Read More
Investing

Salesforce stock jumps 12% on AI growth and Anthropic investment gain

Salesforce shares surged 12 percent in extended trading Wednesday after the cloud giant delivered a financial report that comfortably beat Wall Street expectations. The company reported quarterly revenue of 11.35 billion dollars, reflecting an 11 percent increase from the previous year. However, the real story lay in the net income, which skyrocketed 87 percent to

Read More
Investing

NSF launches three new Science and Technology Centers with $90M investment in transformative research

The National Science Foundation is doubling down on the future of American innovation with a fresh 90 million dollar investment aimed at launching three new Science and Technology Centers. Spanning a five year period, this funding is designed to cement U.S. leadership in critical sectors like artificial intelligence, biotechnology, and fusion energy. According to Brian

Read More