Investing
Billionaire Investor Carl Icahn Accused of Running Ponzi Scheme
In a bombshell report released on Monday, short-seller Hindenburg Research accused billionaire investor Carl Icahn of running a Ponzi scheme. The report alleges that Icahn Enterprises, Icahn's holding company, has been artificially inflating its stock price by using money...
Business
Sequoia and Paradigm invest $1.15 billion in Citadel securities
Obrian -
Paradigm Capital and Sequoia Capital is investing $1.15 billion into Citadel Securities valuing the company at $22 billion. Citadel Securities is a behemoth within the space of electronic trading. They are fundamental to Robinhood’s success as they assist in...
Crypto
Bitcoin’s recent rise spurs optimism among traders
Obrian -
Bitcoin has been on a bull run recently and analysts are positive that it will continue. It has been up 12.7% from the previous week as of Friday. Other cryptocurrencies such as dogecoin and Ethereum also show a positive...
Blog
When we talk about investing, banking, and the overall Financial market - for a lot of women they think it is predominantly a "man's world" and they are in large part correct. Hearing phrases like 'high risk' can sound...
Business
Opensea bans insider trading after employee takes advantage
Obrian -
Opensea finally succumbs to the pressure of banning employees who were profiting off insider information. A high-level executive was accused of profiting off artworks quickly after they were promoted on the website’s front page.
In the report, they said that...
Business
Robinhood stock drops over fear of banning payment for order flow
Obrian -
On Monday Robinhood shares fell by 6.9% over news that a ban is on the table for its payment for order flow practice. The main catalyst behind this is the SEC Chairman, Gary Gensler.
He doesn’t feel at ease...
Latest News
Twitter Rebrands to ‘X’
In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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