Finance faces
Found 282 articles
SpaceX short sellers pocket $5 billion as valuation craters
Betting against Elon Musk’s rocket company has become a lucrative trade, with short sellers netting $5 billion in paper profits. The shift follows a dramatic share price slide that pushed the stock below its $135 IPO price, marking a sharp reversal from the initial post-offering euphoria that briefly rivaled Amazon.
SpaceX Stock Slips Below IPO Price Amid Starship Delays
Five weeks after a record-breaking market debut, SpaceX shares have dipped below their $135 IPO price, marking a turbulent period that has seen $1 trillion in market value evaporate since the company’s June peak. The slide intensifies as investors weigh technical hurdles against the looming expiration of share-selling restrictions.
How two brothers turned a $4,000 truck into a $5 million junk business
When Kirk and Jacob McKinney pooled their savings to buy a used Ford F-150 in 2021, they were just two teenagers hauling away old furniture. Today, their company, Junk Teens, operates seven dump trucks and 25 employees, with annual revenue projected to exceed $5 million by the end of 2026.
White House Teleprompter Operator Suspended Over Betting Scandal
Hedge funds pivot to external alpha as traditional edges vanish
Brad Gerstner calls on Warren Buffett to seed Trump Accounts
Kalshi Seeks to Turn Flight Cancellations Into Tradable Assets
Jamie Dimon warns against reckless AI spending
Trump attacks New York moratorium on AI data centers
Tim Ryan’s Strategy to Scale AI at Citi Without Micromanagement
Warren Buffett Credits Remarkable Fortune for His Century of Success
Warren Buffett Ends Gates Foundation Donations Amid Epstein Scrutiny
Stripe and Advent weigh $53 billion bid for PayPal
How a Top-Performing Trader Uses After-Action Reviews to Beat the Market
Wall Street’s Record Quarter Hits a Ceiling of Caution
Michael Burry: Why your home is a poor investment
Warren Buffett Sets 2034 Deadline to Liquidate Berkshire Fortune
Jamie Dimon on AI: Efficiency Gains Won't Fatten Bank Margins
Jamie Dimon Rules Out White House Bid for Post-JPMorgan Life
Gavin Baker Welcomes Michael Burry’s Bearish AI Warnings
Blackstone President Jon Gray on the 1% Path to Success
Winning the Lottery: Why I Spent Every Penny Instead of Saving
New ETF Suite Offers Investors a Musk-Free Portfolio
Fed Chair Kevin Warsh Recruits Industry Titans for Policy Overhaul
Arthur Fery: Wimbledon's Wild Card With a Hedge Fund Pedigree
Gwynne Shotwell pledges $325 million in SpaceX stock to Trump Accounts
Quant Giant Qube Pivots to Human Stockpickers
Hedge funds turn to AI startups to replace human analysts
OpenAI hunts for Wall Street expertise to refine AI banking tools
