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Shreyas SinhaObserver |
Tesla's stock price has surged more than 90 percent since Trump’s election win in November.
Lina Khan is known for her efforts to modernize antitrust enforcement.
Americans living in expensive cities overwhelmingly support the idea of affordable housing—until it’s built near them.
On Monday (Nov. 18), Boeing (BA) announced it would cut 2,500 workers in Washington State, Oregon, South Carolina, and Missouri as part of a plan to...
Is this high-return, lightly regulated asset class too good to be true? Top financial voices are warning of a potential bubble.
Germany, Europe’s largest economy once hailed as the continent’s unshakable economic titan, is stumbling through a period of political turmoil and...
The Walt Disney Company (DIS) is gearing up for the most-watched casting decision of the decade: Who will replace Bob Iger in 2026? After decades of...
Professional investors often assume they are free of political bias. However, research suggests this is far from true. Political bias is proven to...
An ongoing legal battle offers a rare glimpse of the lucrative trading firm's financial details.
"When you have over two billion iOS devices, you can afford to be late," Wedbush analyst Dan Ives told Observer.
Last week, the 2024 Nobel Prize in Economic Sciences was awarded to three prominent economists— The MIT’s Daron Acemoglu and Simon Johnson, and...
India's IPO market has reached an all-time high.
China’s stimulus package is a strong monetary response, but fails to address structural issues.
OpenAI CEO Sam Altman, who has famously claimed he doesn’t own any equity in the $157 billion A.I. company he runs, could soon be a multibillionaire...
The U.S. IPO market continues its downward slide in 2024, with just 151 listings so far. While on track to beat 2023’s decade low of 154 IPOs, it...
Bill Ackman loaded up three million of Nike shares this spring.
Jamie Dimon, who has served as the CEO of JPMorgan Chase (JPM) since 2005, said at an event in New York that looking for his successor is among his...
After Federal Reserve Chair Jerome Powell has all but promised interest rate cuts at the upcoming Federal Open Market Committee meeting held on Sept....
Apple (AAPL) today (Sept. 9) revealed its latest iPhone 16 lineup, along with the new Apple Watch and AirPods, all available on Sept. 20. This will be...
Hedge fund mogul Paul Singer’s Elliott Investment Management has officially accumulated enough shares of Southwest Airlines to start pushing for a...
Last week, hundreds of economists, central bank officials and journalists from around the world gathered at the annual Jackson Hole Economic Symposium...
At the 2024 Jackson Hole Economic Symposium in Wyoming this morning (Aug. 23), Federal Reserve Chair Jerome Powell signaled that the central bank is...
Hindenburg Research alleged that head of India's securities regulator has an interest of conflict with Adani Group.
In an interview with CNBC last week, JPMorgan Chase CEO Jamie Dimon said he is skeptical that the Federal Reserve will be able to reduce inflation to...
Japanese stock markets saw their worst day since 1987 last Monday, with the Nikkei 225 index plummeting 12.4 percent.
On Monday (Aug. 5), the S&P 500 saw its worst day in two years, falling 3 percent. The Dow Jones Industrial Index and Nasdaq also shed 2.6 percent and...
Hedge fund billionaire Bill Ackman’s Pershing Square USA (PSUSA) has officially canceled its initial public offering just one day after filing with...
CrowdStrike and its co-founder, CEO George Kurtz, have a scarcely discussed meteoric rise to the helm of cybersecurity.
As the presidential race heats up, 73 percent of voters say the economy is at the top of their minds. If the S&P 500 index indicates the robustness of...
Saudi Arabia continues to lurk as a dominant force in Silicon Valley. This year, it is developing a $40 billion A.I.-focused fund with the venture...
Ireland, despite its small land size and population, is among the wealthiest countries in the world. The island nation boasted a GDP per capita of...
OpenAI, the San Francisco-based A.I. powerhouse now valued at $80 billion, operates by a unique structure where it is a nonprofit entity that runs a...
Take a look at the map above. At first glance, you might think it’s showing countries as warmer or colder; in reality, it is a map of countries by...
Shein, the Chinese-founded fast-fashion retailer once valued at $100 billion, is looking to file with U.K. regulators to list an initial public...
Paul Singer, the billionaire founder and president of Elliott Management, one of the world’s most formidable activist funds, recently made waves...
Elon Musk’s $56 billion pay package is up for a vote again at Tesla (TSLA)’s shareholder meeting this Thursday (June 13), despite it previously...
On May 12, Keith Gill, often referred to by his YouTube and X account name “Roaring Kitty,” posted on social media for the first time in nearly...
With a new U.S. IPO plan, Ackman is further solidifying himself as more of an asset manager than a typical hedge fund manager.
xAI's investors include Cathie Wood and Saudi Prince Alwaleed bin Talal.
Ken Griffin, the founder and CEO of Citadel, is the third highest-earning hedge fund manager of 2023, trailing only TCI Fund’s Chris Hohn and...
Evidence is mounting that the American consumer’s back is starting to break. Accounting for almost 70 percent of the U.S.’s GDP, consumer...
"I was around for stagflation. I don’t see the ‘stag’ or the ‘flation,’” Powell said after the latest Fed meeting.
Apple (AAPL) reported the worst quarter of iPhone sales in China, its largest market outside the U.S., since the Covid-19 pandemic. iPhone sales,...
Amazon (AMZN)’s first quarterly earnings of 2024 are out. The retail and tech giant yesterday (April 30) reported $143.3 billion in revenue for the...
Elon Musk was in China for less than 24 hours, he revealed in an X post yesterday (April 28). The Tesla CEO met with Chinese Premier Li Qiang and...
If the United Kingdom or France joined the United States, they would become the poorest states in the country, with a GDP per capita lower than even...
Andrew Forman, deputy assistant attorney general for antitrust, stated at a Washington D.C. conference that the U.S. Department of Justice is closely...
Yesterday (April 11), Japanese Prime Minister Fumio Kishida addressed a joint session of the U.S. Congress in an important expression of U.S.-Japan...
Every spring, JPMorgan Chase (JPM) CEO Jamie Dimon pens a letter to shareholders to reflect on the bank’s business in the past year and share his...
Ray Dalio, the founder of the world’s largest hedge fund Bridgewater Associates, believes now is the time to buy Chinese stocks despite warning...
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