Bill Gross says Tesla is the new meme stock
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…
‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials
One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…
Biden revoked 8 licenses for China’s Huawei in 2024, document shows
The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported…
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…
Crypto takes its fight with SEC directly to Biden and Trump
On a cool, sunny June evening in San Francisco, the Pacific Heights mansion of venture capitalist David Sacks was the…
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of…
Democrats ask Raimondo to step up enforcement on CHIPS funding
WASHINGTON — A group of Democrats are raising concerns as to whether companies that received federal funding for semiconductors used…
Growth, value stocks could see boost from Russell rebalancing
A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…
Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.
HANGZHOU, China — Apple‘s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than…
Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy
HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of…
