OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisers
The Securities and Exchange Commission is dropping the hammer on private fund advisers who allegedly mishandled millions in investor assets under the guise...
Rivian Stock Is Going to $19 According to This Wall Street Analyst. Here’s Why They May Be Right.
Analysts at Cantor Fitzgerald reiterated their "neutral" rating on Rivian (RIVN -0.20%) stock on Sept. 28. Curiously, however, the firm also reiterated its...
Wilbur Ross says New York’s pied-Ã -terre tax targets people who ‘can’t retaliate at the ballot box’
This week’s been rough for proponents of New York City’s pied-à -terre tax. On Monday, former Commerce Secretary Wilbur Ross filed a lawsuit against...
Boeing Landed a $131 Billion F-15 Order. Here’s What It Means for Lockheed Martin.
One need not be an avionics expert to understand that military aircraft are described in generational terms. That lesson was effectively taught in...
Robinhood rolls out OpenAI and Anthropic trading agents to millions of users
Starting this week, all of Robinhood’s roughly 29 million customers will have access to trading agents powered by OpenAI and Anthropic. Customers will...
With the Market Flashing Warning Signs Not Seen Since the Dot-Com Bust, Is Pfizer’s 6% Yield a Safe Haven or a Trap?
The Shiller CAPE Ratio is at its second-highest reading in 150 years. The last time it was this high was right before the...