Home
> business
business
Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff
The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.
DeepSeek Could Shatter Overvalued US Stocks as America's AI Spending Comes Under Scrutiny
DeepSeek's R1 AI model claims to match OpenAI's o1 model by multiple benchmarks for a fraction of the development costs.
Mark Cuban Mulls Launching His Own Meme Coin Like $Trump But Focusing On National Debt
Mark Cuban is considering the launch of a meme coin like Donald Trump's but would send the proceeds from token sales to the US Treasury to reduce the national debt.
Morgan Freeman's Tesla Stock Profits Surged By 3,000%: 'I'm A Huge Fan Of Elon Musk'
Morgan Freeman disclosed owning Tesla shares in 2016. Since then, Tesla share prices have jumped by over 3,000% to close at £326.27 on 24 January.
Crypto Czar David Sacks Celebrates Trump's Crypto Order, Says Trump Coin Is a Collectable
David Sacks explained that Trump's executive order on cryptocurrencies will establish a Presidential Working Group to devise federal regulations governing digital assets and stablecoins.
Trump's Davos Speech, Stargate AI Plan, and Robust Earnings Lift S&P 500 To All-Time High
Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.
Warren Buffett Makes Sharp U-Turn as Berkshire Hathaway Discloses £893M Stake in Crypto Bank Stock
Berkshire Hathaway holds over 86 million shares of Brazilian bank Nu Holdings, which has its own crypto platform that supports assets like Bitcoin and includes Uniswap and Chainlink for investors to transact and convert digital tokens.
Survey Reveals Top 10 British Companies To Work For—Did Yours Make The List?
A survey by Zensai ranks the top UK employers based on work culture, benefits, and opportunities.
XRP Prices Rise On Trump Naming Mark Uyeda As Acting SEC Chief Who Wants To End 'War On Crypto'
Uyeda seeks to end crypto enforcement actions solely based on a failure to register with no allegation of fraud, which could finally end Ripple's years-long legal battle with the US SEC.
Pelosi Sells 31K Apple and 10K Nvidia Shares, Eyes New AI and Utility Firm in a Major Portfolio Reshuffle
Pelosi sold Apple and Nvidia shares while betting on Tempus AI and Vistra Corp. She also bought call options for both Amazon and Alphabet Class A stocks.
Investors Panic as Trump Coin Nosedives by Over 40% After Launch of Melania Coin
Trump coin prices sharply declined within minutes of the Melania meme coin launch yesterday. However, the Trump coin has rebounded over 100% since the crash.
How To Buy Trump Coin: Surges Over 1000% To Become 14th Largest Crypto in Record Time
The $Trump meme coin surged over £60 since Friday night as crypto enthusiasts scrambled to buy the token in anticipation of Trump enforcing pro-crypto policies on Inauguration Day.
The Official Trump Coin Jumps 600% Overnight To Reach a £27 Billion Market Cap, Lifts Solana by 15%
The $TRUMP coin launched late yesterday on the Solana blockchain is officially endorsed by the President-elect and offers a chance for people to join a community that encourages a culture of success and optimism.
Billionaires, Tech Giants, and Celebrities Donate to LA Wildfire Victims: How Much Did They Give?
Celebrities like Leonardo Di Caprio and Beyoncé and billionaires like Mark Zuckerberg and Steve Ballmer are working alongside Amazon and Google to support Los Angeles wildfire victims.
Anduril's £819K Arsenal-1 Facility Is the Largest Single Job-Creation Project in Ohio
Autonomous weapons developer Anduril will create a 5 million square feet facility to manufacture vertical take-off drones called Roadrunner, Ghost helicopters, Barracuda cruise missiles, and their biggest aircraft, Fury.
XRP Prices Surge Over 30% After Leak of Trump's America-First Strategic Reserve Plans and ETF Buzz
XRP prices reached an all-time high of £2.76 this week after reports emerged that Trump could establish the America-First Strategic Reserve to prioritise the Ripple-backed coin.
CPI Report for December Jumps 2.9%, Core Prices Come In Cooler To Lower Yields and Propel US Stocks
Better-than-expected Core CPI for December led to a sharp fall in US Treasury yields as stocks gained premarket, boosted by phenomenal banking results.
Rednote Gains 700K Users in 2 Days as US Downloads Surge 200% Amid TikTok Ban Talks
RedNote app developers are scrambling to moderate the English language in the Mandarin-dominated interface amid a massive influx of US users. Meanwhile, reports emerged that Elon Musk could buy TikTok US to avert a nationwide ban on the app.
'In America, Just Breathing Costs Money': Netizens Shocked By US Mum's £604K Hospital Bill
Janice Hernandez was slapped with a £604,000 hospital bill due to her baby's seven-week stay at a neonatal intensive care unit due to a rare genetic disorder called Prade-Willi syndrome.
Single Mum Pays £12K Yearly to Adviser Despite Losses on £812K Portfolio—What Are Her Options?
The mother of three pays a financial adviser 1.5% of AUM as annual fees but is clueless about the questions to ask, how the money is managed, or how fees affect her returns.
Thousands of Californians Uninsured: What Happens When Wildfires Destroy Their Homes?
Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.
Here's Why Shark Tank's Mark Cuban Prefers Bitcoin Over Gold During a Major Economic Crisis
Cuban believes Bitcoin is an upgraded version of gold in terms of store of value and can be more portable and exchangeable than the precious metal during economic downturns.
Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt
US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.
62-Year-Old With Master's Degree Works as Retail Manager for £17/Hour, Too Scared To Retire
Ted doesn't desire to work as a retail manager but cannot plan to retire anytime soon due to high levels of credit card debt.
'I Was Ready To Lose It All': UK Man Recovers From Crypto Addiction That Almost Led to Suicide
Alex neglected his family, started stealing from them, and was about to sell his home without informing his wife to trade cryptocurrencies and bet his holdings at online casinos.
Four Underrated Tax Benefits All US Retirees Over 65 Should Avail Of
US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.
Nancy Pelosi's Portfolio Beats Top Hedge Funds With 54% Gains in 2024
Nancy Pelosi's investment portfolio jumped 54% in 2024, beating popular investment portfolios like Inverse Cramer and hedge funds like Discovery Capital Management, DE Shaw Oculus, and Bridgewater China.
US Boomers 'Unretiring' Due to Low Social Security Payments Could Face Even More Benefit Cuts
As more US retirees return to the workforce to supplement their monthly income, their Social Security benefits could drop until they reach the full retirement age if job wages exceed the annual threshold of £18,572.
30-Year-Old Rejects Office Jobs and Struggles With Income Due to Dog's Separation Anxiety
Caleb Hammer struggles to help a dog parent create a financial budget as she refuses to work remotely despite having an irregular income.
Multi-Millionaire Reveals His Ex of 7 Years Still Has Full Access to His £118m Bank Account
Dave said of his ex-partner Renee Portnoy that she won't "abuse" her access to his fortune, given she is much more frugal than him. He still considers her as his best friend.