Posts Tagged ‘Personal finance’
Goldman Sachs Says Nvidia to Post a Q4 Revenue Beat of $2B, but Stock Price Hinges on 2027 Guidance
AI giant Nvidia is set to announce its Q4 results on Feb. 25, and Goldman Sachs believes the chipmaker will deliver a $2 billion revenue surprise to post a quarterly revenue of $67.3 billion. ‘We expect Nvidia to deliver a ~$2bn revenue beat in 4Q, and we stand 8% above the Street for 1Q revenue,’…
Read MoreElon Musk’s Net Worth Races Towards $1T After SpaceX-xAI Deal Drives Up Wealth Above $850B
According to the Forbes Real-Time Billionaires List, Tesla (Nasdaq: TSLA) chief Elon Musk’s net worth surged to $852.5 billion (£621.9 billion) after SpaceX announced it would acquire xAI to create space-based data centres to meet growing demand for AI computing. Musk’s net worth has quadrupled since 2024. At this pace, he could become a trillionaire well before…
Read MoreMost Heartbreaking Lottery Story: Couple’s Attempt to Buy Lottery Tickets That Won $48M Never Went Through Due to Low Balance
Edwina and David from Fleetwood, Lancashire, have been regular players for years. The couple believed they had finally hit the $48 million jackpot when six of their chosen numbers — 01, 02, 04, 19, 28, 41 — matched those on the Lottomobile app. They participated in the draw on 23rd December 2015. However, excitement quickly…
Read MoreJim Cramer Urges Investors to Lock in Profits Amid Market Frenzy and Trump’s Greenland Plans
CNBC’s Jim Cramer has urged investors to consider taking profits from their holdings amid rising market speculation this year. US stocks declined sharply on Tuesday as tensions escalated over President Donald Trump‘s plans to take control of Greenland. Late last week, Trump announced a 10% tariff on eight NATO members starting 1st February, potentially rising…
Read MoreMAGA Lawmaker Accused of Insider Trading Musk’s xAI Shares Days Before US DoD, Pentagon Expansion
The debate over whether US Congress members should be permitted to trade stocks has intensified following allegations concerning Congresswoman Lisa McClain’s recent trading activity, which has raised questions about possible insider trading. McClain is an active stock trader, with trading volumes reportedly exceeding $13 million (£9.7 million) in 2025, according to Quiver Quantitative. The chairwoman…
Read MoreStripe Just Leveled Up Global Payments with Its New Crypto Move
Stripe has announced a new partnership with Crypto.com to introduce digital assets into mainstream commerce. Starting this month, Crypto.com, through an extended integration with Stripe, will enable users to spend their crypto holdings—including stablecoins—directly at online merchants. At the same time, Stripe-supported merchants will be able to accept crypto payments via Crypto.com Pay. When a…
Read MoreWells Fargo Lets $15K Vanish from Elderly Texan in Shocking Fraud
Billie Young cares for her husband, who is battling cancer. The Dallas resident has been banking with Wells Fargo since 1996. However, she decided to close her account after the bank refused to assist her in a fraud case where she lost $14,952.52 (£11,079). In August 2024, the 83-year-old wrote two cheques: one to pay…
Read MoreMichael Burry Says Venezuela Raid Signals Major Oil Market Shift
The founder of Scion Asset Management, Michael Burry, is known for making contrarian bets. His most popular trade was against the housing market during the 2008 financial crisis, which netted him $700 million (£517.1 million). The trade was chronicled in the award-winning film The Big Short. Burry recently shuttered his hedge fund amid AI bubble…
Read MoreMark Cuban Cleared as Crypto Lawsuit Over Bankrupt Lender Ends
Late last month, Judge Roy Altman of the US District Court for the Southern District of Florida dismissed a class action cryptocurrency lawsuit filed in 2022 against the Dallas Mavericks and former majority owner Mark Cuban. Altman stated in an order that the plaintiffs failed to establish personal jurisdiction over the team and the billionaire.…
Read MoreRetirees Lose $1.7B a Year to a Common IRS Mistake
US retirees face IRS penalties of up to 25% if they do not start taking required minimum distributions (RMDs) from their pretax investment accounts at age 73. The first RMD must be taken by 1st April of the year after turning 73, with subsequent withdrawals due by 31st December each year. If you do not…
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