Palantir Technologies (NASDAQ: PLTR) has been one of the biggest winners of the artificial intelligence (AI) boom of the last few years. If you had invested $10,000 in the stock at the start of 2023, you’d have about $200,000 worth of the company, as of this writing. At its current rate, it seems like only
President Donald Trump didn’t share many details in his announcement this week about a massive $600 billion deal with Saudi Arabia, but he did shout out one Michigan company. A relatively new corporation, Shamekh IV Solutions, LLC earned a mention for pledging to invest $5.8 billion in the U.S. and Saudi Arabia. A piece of
AI AMBITIONS The White House also said both countries inked an AI agreement that will see the UAE invest in US data centres and commit to “further align their national security regulations with the United States, including strong protections to prevent the diversion of US-origin technology”. The UAE is seeking to become a leader in
When you cover the sports business beat, you hear a lot of jargon — discounted cash flows, enterprise values, revenue multiple — usually from people trying to convince you that the amount they paid for a team is the result of a mathematical equation. An alternative translation: stop asking stupid questions, the number is the
Getty Images For as high-scoring and high-flying as they came to known during the regular season, the Cleveland Cavaliers‘ “Cavalanche” settled to a stop when it mattered most. Despite being the No. 1 seed, the Cavaliers were bounced from the second round of the NBA playoffs in five games to the Indiana Pacers, bringing a disappointing
Federal authorities are accusing the owner of a Providence-based investment company in what they claim “has many hallmarks of a Ponzi scheme.” The Securities and Exchange Commission filed the complaint against former Marine Christopher Aubin and his company Anchor State Capital, previously Anchor State Investments. The feds claim Aubin, 30, of Walpole and previously Lincoln,
Alexis Ohanian is the new co-owner of Chelsea Women but, aside from being married to tennis icon Serena Williams, who is he? According to his LinkedIn page he is a “Business Dad” (he has a podcast of the same name) but in broader terms he is an American entrepreneur, best known for being a co-founder
Thierry Brunel is the Chief Investment Strategist at Matter Family Office, advising families and institutions on long-term wealth strategy. getty When people talk about family offices, they often think of tailored service models for ultra-high-net-worth families. But beyond the concierge approach and multigenerational trust structures lies a powerful investment discipline that anyone managing meaningful capital
ATLANTA — The Georgia Department of Community Affairs announced they’d awarded nearly $14 million to programs across the state to fund more affordable housing. According to DCA, the grants were given to 15 local communities around Georgia as part of the 2025 Community HOME Investment Program, or CHIP. Funding comes from the U.S. Department of
President Donald Trump arrives with Saudi Crown Prince Mohammed bin Salman for the group photo with Gulf Cooperation Council leaders during the GCC Summit in Riyadh, Saudi Arabia, Wednesday, May 14, 2025. (AP) RIYADH, May 14: President Donald Trump commenced his Gulf tour with a landmark announcement: the United States will lift all sanctions on