Albert Siastes

Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Key Takeaways SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS stock. Bitcoin had approached $100,000 last week, but a drop of…

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Billionaire Ken Griffin Sold 91% of Citadel’s Stake in Palantir and Nearly Tripled His Position in This Cutting-Edge Artificial Intelligence (AI) Stock

Key Points Griffin’s Citadel hedge fund made some big moves in the artificial intelligence (AI) arena during the September-ended quarter. This has been a busy month on the news front for Wall Street. Between Election Day, earnings season, and the October inflation report, investors haven’t been hurting for catalysts. But among these various data releases,…

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Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street’s Most-Popular Reverse Stock Split of 2024

This unique stock split boasts a laundry list of competitive advantages, a robust capital-return program, and a historically cheap valuation. Over the past two years, there hasn’t been a hotter investment trend than the rise of artificial intelligence (AI). But in 2024, stock-split euphoria has played a very close second fiddle. A stock split is a tool…

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Melania Trump launches blockchain photo set for fans and collectors – costing $195

Former and incoming first lady Melania Trump is selling a digital photo collection on her website ahead of the holiday season. The set is called “On the Move” and shows different parts of President-Elect Donald Trump’s wife in a variety of settings. “From her office and the campaign trail to her home,” a description on the website states. The photos were taken…

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This Artificial Intelligence (AI) Stock Soared Since Trump Won the Election, but Is It a Buy?

In the days following Donald Trump’s return to the White House, the stock market has set record highs. While Trump has promised to cut taxes and boost business, he’s also expressed his desire to regulate certain big tech players, and his tariff-based trade policy could affect the artificial intelligence (AI) companies that rely on foreign-made components. We’ll…

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