Anthropic is heading toward one of the most closely watched AI IPOs ever, and GraniteShares is preparing a way for traders to bet against it from day one. The ETF issuer has filed for the GraniteShares 2x Short Anthropic Daily ETF (ANS), which would seek -200% of Anthropic’s daily stock performance once the Claude maker […]
TikTok to Pay $100 Million to Alabama to Settle Child Safety Claims in First-Ever State Deal
TikTok has reached a settlement with Alabama over allegations that the platform was designed to addict children and mislead consumers about the safety of its platform. The state will receive a minimum of $100 million within 45 days and has the potential to get up to $300 million if certain unspecified conditions are met, according […]
JPMorgan Turns Contrarian on Interest Rates, Upgrades 3 REITs
JPMorgan Chase has issued a vote of confidence in U.S. real estate. On Thursday, September 24, the bank upgraded three real estate investment trusts (REITs) from Neutral to Overweight. The timing is contrarian. The 10-year Treasury yield sits near 5.11%, and the Real Estate Select Sector SPDR ETF (NYSE:XLRE) is a notable laggard, up just […]
Trump’s Strategy Stock Trades Draw Scrutiny as MSTR Surges 83%
President Donald Trump’s stock accounts sold Strategy (NASDAQ:MSTR) shares in June, bought back in late July, and the stock has since climbed 83%. What the Filing Shows A federal ethics filing posted September 22 shows the accounts sold Strategy shares worth $16,002 to $65,000 combined on June 23 and June 24, just before the stock […]
Telix Makes $1.65 Billion Bet on ITM to Build a Radiopharma Powerhouse
Telix Pharmaceuticals Limited (NASDAQ:TLX) signed a strategic agreement on Sunday to merge with ITM Isotope Technologies Munich SE, a major global producer of radioisotopes. Following the announcement, TLX stock fell nearly 10%. This acquisition will make the combined organization a vertically integrated industry leader equipped to develop, manufacture, and distribute radiopharmaceutical treatments worldwide. Financial Terms […]
Why Is XPeng Stock Gaining?
XPeng Inc. (NYSE:XPEV) stock is gaining Thursday following reports that the Chinese electric vehicle maker plans to expand its technology licensing and customization business to foreign automakers. Reuters reported that XPeng is seeking partners beyond Volkswagen AG (OTC:VWAGY) as it looks for new revenue streams. The company plans to offer its electronic architecture, cockpit systems, […]
Boeing Lands Record 103-Jet Korean Air Order
Boeing Co. (NYSE:BA) and Korean Air said Wednesday they finalized a record order for 103 Boeing jets, completing the carrier’s August 2025 procurement commitment. The deal includes 20 777-9s, 25 787-10 Dreamliners, 50 737-10s and eight 777-8 Freighters. The previously unidentified order will support Korean Air’s fleet modernization plans. Boeing said the agreement also highlights […]
Apple Stock Trending Up with Spotlight on Foldable iPhone Duo
Apple Inc. (NASDAQ:AAPL) is trending Monday, capping a busy stretch these past few weeks that included its product launch event and several new Mac announcements. Apple stock is showing upward bias. What’s the outlook for AAPL shares? The Product Launch Event At its event on September 9, Apple unveiled the iPhone Duo, described as the company’s […]
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Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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