Miley Cyrus has announced that she is collaborating with Cash App to allocate $1 million in stocks to fans, making her the first person in history to give away such a large number of shares en masse in such a near-instantaneous manner. “Nothing is more important than investing in yourself,” …
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NFTs are getting a lot of hype and headlines. New York rapper Ja Rule sold a 48-inch-by-60-inch oil-paint portrait of the Fyre Festival logo for $122,000. The artwork was sold as a non-fungible token (NFT). The rapper told TMZ that he wanted to get rid of the painting to create …
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Investor Warren Buffett is the sixth richest man in the world, according to the Bloomberg Billionaire’s Index. Buffett is worth $100 billion. The disclosure comes after investors drove up the stock price for his $600 billion company Berkshire Hathaway. The 90-year-old’s net worth would be higher if he did not …
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The popular trading app Robinhood has now restricted the purchase of 50 different stocks, including blue-chip stocks like Starbucks and General Motors. After the disastrous fallout from last week’s GameStop stock debacle. According to the Daily Mail, the move is an apparent act of desperation after the company’s cash reserves …
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Elon Musk is standing by Rep. Alexandria Ocasio-Cortez’s stance against the stock trading app Robinhood. Ocasio-Cortez has asked for a House Financial Services Committee hearing regarding the app’s decision to stop trading GameStop stock, a decision that angered investors. “This is unacceptable,” Ocasio-Cortez tweeted after the news of the halted …
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In just two days after getting drawn into the crazy Wall Street drama caused by the Reddit clan of WallStreetBets, which previously sent retailer GameStop into the price stratosphere, AMC Entertainment Holdings shares went from roughly $4 to $16. WSB is a semi-outlaw trading platform that often utilizes apps such …
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Bitcoin has reached its highest trading value ever, hitting nearly $20,000. According to Coindesk, Bitcoin traded at $19,920.53 Tuesday. It topped its previous high by $137, which was reached nearly three years ago. And since the start of this year, Bitcoin has risen in value by more than 170%. Although …
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