Morgan Stanely, the largest wealth manager in the United States, will soon allow its 15,000 financial advisers to start recommending Bitcoin (BTC) exchange-traded funds (ETFs) to clients, according to a CNBC report. Starting Aug. 7, Morgan Stanley wealth managers can begin advising eligible clients to buy shares of two BTC...

Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report

Cybersecurity company Abnormal Security announced Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion. The round is being led by Wellington Management and includes existing investors Greylock Partners, Menlo Ventures, Insight Partners, as well as the venture arm of CrowdStrike.

Abnormal Security, valued at $5.1 billion amid email security push, eyes eventual IPO

Mog Coin has experienced a significant price decline of 20% in recent days, mirroring a broader downturn in the meme coin market. While this presents challenges, the coin’s newly formed partnership with Faze offers a potential catalyst for recovery. Should investors maintain their position in Mog Coin, banking on...

Could Mog Coin Survive the Market Dip as the FaZe Collaboration Ignites Hype, or Should Investors Shift to $PEPU for a Better Investment Option?

On Aug. 5, Bitcoin dropped to as low as $49,000, rebounded, then fell again. However, as the US market opened, the price of digital assets began to recover, reaching around $52,000. In parallel to Bitcoin’s market movements, BlackRock’s IBIT saw remarkable trading activity, registering over $1 billion in volume within...

Bitcoin bounces back as BlackRock registers $1 billion in trading volume

Business Times

President Joe Biden's health concerns lead to flight cancellations, fueling speculation about his condition and potential power transition.

'Dying' Joe Biden Cancels Nine Flights As 'Final Preparations' Are Allegedly Made: 'Kamala Harris Will Be Made President Soon'

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

TheStreet

The tech-heavy Nasdaq Composite index has gained 10% year to date.

Cathie Wood buys $28 million of battered tech stock

Business Insider

Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.

Cathie Wood says she wouldn't have sold Nvidia stake 'had we known that the market was going to reward it'

The Motley Fool

The AI revolution is reshaping the tech landscape, and these two stocks are at the forefront of the transformation.

2 Artificial Intelligence Stocks to Buy Hand Over Fist Right Now

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Learn how $500 a month can grow into a sizable nest egg. Everyone would like to have $1 million. However, earning that much money is far easier said than done. Yet it can be done. Anyone can build a fantastic nest egg with the right strategy, discipline, and investments. So...

These 2 Simple ETFs Could Turn $500 a Month Into $1 Million.

Saudi Aramco, the world's most profitable oil company and a cornerstone of Saudi Arabia's economy, reported a 3.4% decline in its second-quarter profits, primarily due to lower crude volumes and softer refining margins. Despite this dip, the company maintained its substantial dividend payouts, announcing $31.1 billion in dividends for the quarter, a move that highlights its commitment to shareholder returns amid fluctuating market conditions.

Saudi Aramco Faces Profit Drop Amid Lower Crude Volumes, Yet Commits to Massive $31.1 Billion Dividend Payout

Germany's Rossmann, one of Europe's largest drugstore chains, has announced it will cease purchasing Tesla vehicles for its fleet due to the political views expressed by Tesla CEO Elon Musk. This decision underscores growing concerns about the alignment between corporate values and executive actions, particularly in the context of Musk's vocal support for former President Donald Trump and his controversial social media platform X, formerly known as Twitter.

German Retail Giant Rossmann Cuts Ties with Tesla Over Musk's Politics

Oil prices continued their downward spiral on Monday, driven by mounting fears of a U.S. recession and broader market selloffs. Despite concerns that escalating conflict in the Middle East could disrupt crude supplies, the negative sentiment surrounding global economic prospects overshadowed these geopolitical risks.

Oil Prices Plummet Amid US Recession Fears and Broader Market Selloff

Elon Musk has reignited his legal battle against OpenAI, this time targeting its partnership with Microsoft. In a lawsuit filed in the Northern District of California, Musk accuses OpenAI's CEO Sam Altman and President Greg Brockman of fraud and breach of contract, alleging they swindled him out of $45 million. Musk claims the AI venture deviated from its original mission to develop technology "for the benefit of humanity" by forming a lucrative partnership with Microsoft.

Elon Musk Sues OpenAI Over Microsoft Partnership, Alleging Fraud and Breach of Contract

New York-based financial giant BlackRock has warned about cryptocurrency scams. Financial behemoth BlackRock has issued a warning about cryptocurrency-related scams on its social media account. "We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments," BlackRock said. BlackRock has stressed...

BlackRock Issues Major Crypto Warning

Multiple investment platforms, including Charles Schwab, Fidelity, Vanguard, Ameritrade, eTrade and Robinhood, reportedly went offline for a few hours beginning around 9 a.m. ET today. According to downdetector.com, reports spiked around 10 a.m. ET, with nearly 15,000 issues reported for Charles Schwab, 3,500 for Fidelity, 3,000 for Vanguard and 2,000 for Ameritrade.

Charles Schwab, Fidelity and Vanguard Among Investment Sites That Crashed This Morning

In a bombshell report, it has been revealed that former Secret Service Director Kimberly Cheatle and other top officials within the agency allegedly sought to destroy evidence of cocaine found in the White House in the summer of 2023. This plan, however, was thwarted by two divisions within the Service, leading to a significant internal conflict.

Former Secret Service Director Allegedly Wanted to Destroy White House Cocaine Evidence

‘For me, summer reading lists often start with big intentions and end with much less ambitious actions. A bit like New Year’s resolutions – or even investment stewardship on climate,’ writes Lindsey Stewart, director of stewardship research and policy at Morningstar, in his most recent LinkedIn newsletter. In it, he talks about everything from the power of proxy advisers to questioning the number of ESG proposals in the most recent proxy season, as well as offering up some summer listening.

‘Investors can still be taken by surprise’: Morningstar’s Lindsey Stewart talks ESG

Airbnb's shares fell sharply by 16.64% in after-hours trading on Tuesday, following the company's announcement of second-quarter earnings that missed analyst expectations and a warning of slowing demand from U.S. customers.

Airbnb Shares Plunge as Company Warns of Slowing U.S. Demand

NewsBreak

Groq Secures $640 Million in Funding Led by BlackRock, Valuation Soars to $2.8 Billion

Groq, a Silicon Valley startup specializing in AI chips, has successfully raised...

Groq Secures $640 Million in Funding Led by BlackRock, Valuation Soars to $2.8 Billion

Comments / 0