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3 megacaps unite to tackle AI buildout, while Meta gets a big nod from the Street
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 4h -
Auto Legends adds $1M to its funding round in Coinbase Ventures deal
Auto Legends, a social drag racing Web3 game, has added $1 million in a strategic investment from Coinbase Ventures' Base Ecosystem Fund.VentureBeat - Mar. 6 -
Trish Costello is Harnessing the Financial Power of Women
Trish Costello is the founder and C.E.O. of Portfolia, a women-focused investment platform that is fueling health care innovations aimed at improving women’s lives.The New York Times - Mar. 7 -
Abrdn’s Rebrand Reversal and a History of Corporate Missteps
A British investment firm restored most of the vowels to its name after a widely ridiculed revamp that showed the pitfalls of trying to look cool in the digital age.The New York Times - Mar. 8 -
PGA Tour willing to 'integrate' aspects of LIV Golf without compromising 'exceptional' game, commissioner says
A deal between PGA Tour Enterprises and Saudi Arabia's Public Investment Fund appears closer than ever, though specifics remain outstandingCBS Sports - Mar. 11 -
Justin Thomas 'past the level of exhaustion' with PGA Tour-LIV Golf negotiations: 'I'm glad I don't know more'
PGA Tour commissioner Jay Monahan didn't have much of an update regarding the negotiations with Saudi Arabia's Public Investment Fund and Liv Golf on Tuesday.Yahoo Sports - Mar. 11 -
Man Utd CEO: New stadium poses 'risk' to team
Manchester United CEO Omar Berrada has admitted the club "risk" falling further behind their rivals while they invest in their new stadium.ESPN - Mar. 12 -
David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
The White House memo revealed that AI and Crypto Czar David Sacks divested over $200 million in digital asset-related investments.CNBC - 5d -
The Rising Cost of Trump’s Chaos
Confusion over trade policy is a drag on the economy as businesses slow hiring and reduce investments. Four entrepreneurs explain exactly how they’re being hit.Inc. - 5d -
How Some Investors Are Protecting Their Money Amid Stock Market Woes
Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain their savings and wait out the angst.The New York Times - 3d -
UBS lifts gold price forecast after metal tops $3,000
UBS’s chief investment office has lifted its gold price forecast to $3,200 from $3,000, saying it could reach that threshold by June.MarketWatch - 2d -
Germany's likely next leader seeks approval for huge defense and infrastructure package
Germany’s would-be next chancellor, Friedrich Merz, is asking lawmakers to allow the country to put “whatever it takes” into defense and to authorize an enormous fund for investment in its creaking ...ABC News - 1d -
Hong Kong Adds to China’s Growing Criticism of Panama Canal Deal
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”The New York Times - 1d -
E.U. Hatches a Plan to Lure Investors Back to Europe
Each year, Europeans invest roughly $325 billion in companies and financial assets outside the region. Officials in Brussels say they have a plan to end that “capital flight.”The New York Times - 1d -
Hollywood Filmmaker Charged With $11 Million Conspiracy to Defraud Netflix
Prosecutors say Carl Erik Rinsch used funds for a science-fiction series for personal investments. An arbitrator ruled in Netflix’s favor last year.The New York Times - 23h -
Poch: USMNT can be world's best in 5 or 10 years
Mauricio Pochettino has said the U.S. men's national team can be the best in the world within "five or 10 years" due to the growth and investment in soccer in the country.ESPN - 18h -
Big Tech's big bet on nuclear power
Faced with increasing demand for energy to fuel artificial intelligence, and the need to cut down on carbon emissions, companies like Microsoft, Google and Amazon have announced major investments ...CBS News - Mar. 9 -
Big Tech's big bet on nuclear power to fuel artificial intelligence
Faced with the need to cut carbon emissions, and an increasing energy demand to power AI, companies like Microsoft, Google and Amazon are investing in nuclear, from restarting Three Mile Island, to ...CBS News - Mar. 9 -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - Mar. 10 -
Cracks are emerging in the idea of America's economic exceptionalism
The U.S. economy and equity markets may be underperforming this year due to a surge in policy uncertainty, a decline in consumer sentiments, a delay in business investment, and a gradual weakening ...The Hill - Mar. 11 -
Ubisoft Is "Horribly Managed," Investor Says, Report Claims EA And Microsoft Might Buy Franchises
Ubisoft is "horribly mismanaged" and has failed to inform the public about supposed conversations with Microsoft and EA regarding possible acquisition deals. That's according to the Ubisoft ...GameSpot - Mar. 12 -
Manchester United to meet Fenerbahce in June to work out a deal for Yusuf Akçiçek
Manchester United are very interested in Fenerbahce defender Yusuf Akçiçek and are expected to make an offer of around £10-15 million for the young centre-back in June.The Red Devils have invested ...Yahoo Sports - 5d -
In the battle for blockchain leadership, American innovation is the answer
China has been investing heavily in blockchain technology, but the U.S. has the capacity to outcompete them and should continue to develop responsible regulations for blockchain to maintain its ...The Hill - 5d -
Brad Biggs: ‘Unlimited money’? No, but Bears have division rivals’ attention with offseason roster rebuild.
CHICAGO — The Chicago Bears aren’t the only NFC North team that invested in the line of scrimmage during a whirlwind start to the NFL’s new year. They’re just the team that has done the most work ...Yahoo Sports - 3d -
Guess could become the next fashion company to go private after stock price halves in a year
Guess Inc.’s stock soared 30% on Monday after the maker of clothing, footwear and accessories said it received an offer from New York-based investment company WHP Global to take it private for $13 ...MarketWatch - 1d -
Taiwan's president hails Arizona chips project in meeting with visiting governor
Taiwan’s President William Lai Ching-te said that a Taiwanese semiconductor company’s massive investment in Arizona is the “best model” for the island’s effort to build computer chips supply lines ...ABC News - 14h -
Netflix paid $55 million for a show. Prosecutors say the creator blew it on Rolls Royces and crypto.
Netflix paid Carl Erik Rinsch top dollar during the peak streaming boom for a sci-fi series he never delivered, losing it all on bad investments and luxury goods, prosecutors sayMarketWatch - 11h -
Disney Teases Theme Park Integration With Disney X Fortnite Project
One year ago, Disney invested $1.5 billion into Epic Games to create a massive Disney x Fortnite experience that has yet to come to fruition. But at South by Southwest, one of Disney's Imagineers ...GameSpot - Mar. 10 -
New Manchester United stadium a ‘risk’ to team’s competitiveness, admits CEO
Berrada hopes investment in team will not be affected Plan to build £2bn stadium in five years has this in mind Omar Berrada has admitted it is a “risk” for Manchester United to try to build a ...The Guardian - Mar. 12 -
David Sacks sold $200M in crypto-related holdings before taking White House job, ethics memo says
David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, Craft Ventures, before starting the ...NBC News - 5d