Peter Schiff Says ‘Smart Money Is Selling’ And Dumb Money Is Buying It Through ETFs: ‘They Set Up Bitcoin ETF Investors To Be The Bag Holders’ Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. On Sunday, Schiff took to
(MENAFN) On Tuesday, July 9, 2024, the cryptocurrency market experienced a collective rise in prices, spearheaded by Bitcoin, following a period of significant decline that had left trading platforms awash in red. Despite earlier forecasts suggesting that Bitcoin could reach the USD100,000 mark by the end of the year,
Elon Musk has warned Bill Gates against betting against Tesla again. Musk’s warning also comes along with an ambitious target to transform Tesla into a $30 trillion AI giant. In a post on X, Musk responded to a tweet by sharing his plans for Tesla. Musk envisions Tesla growing by moving from selling electric vehicles (EVs)
Protestors outside BlackRock headquarters in New York last year. About 80 activists shut down the … [+] fund giant’s entrance to demand that the company – the world’s largest investor in fossil fuels – end new investments in coal, oil and gas, in line with the basic scientific requirements of avoiding global climate catastrophe. (Photo
Billionaires like Tesla CEO Elon Musk (TSLA) and Amazon founder Jeff Bezos (AMZN) are pouring their cash into exploring space. Space exploration is expensive, labor-intensive, time-consuming, and risky. Nothing is guaranteed. The Franklin Institute Chief Astronomer Derrick Pitts says it’s “exciting” that private money is flowing into space exploration, but the question remains: How will
A YouTube Live broadcast that ran for five hours today used a deepfake of Elon Musk to push a cryptocurrency scam, in the latest of a series of similar bogus streams. The video, which has has since been taken down, showed a clip of Musk that was meant to look like a livestream from a
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The broadening of the stock market rally hasn’t yet arrived as investors keep piling into (just about) anything AI touches. Elon Musk revealed earlier this week that Super Micro (SMCI) will provide hardware
Elon Musk’s latest plot to access your wallet involves—quite literally—becoming one. New details have emerged of Musk’s plans to launch the payments network “X Payments” later this year, according to 350 pages of documents and emails related to money transmitter licenses, submitted to regulators in 11 states, obtained by Bloomberg. But despite Musk’s reputation as
Though Tesla (TSLA) shareholders voted to reinstate Elon Musk’s pay package on Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “The whole thing is a game of chicken and the shareholders blinked,” early Tesla investor Ibrahim AlHusseini said. “Fear of loss is a big motivator and Elon wielded that psychological mechanism
US stocks pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk’s pay package win thrust Tesla (TSLA) center stage. The Dow Jones Industrial Average (^DJI) sank about 0.5% to lead the declines, while the S&P 500 (^GSPC) shed 0.4%. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.3%.