The rise of cryptocurrency in 2020 has continued into 2021, as many are making their way too investing in Bitcoin. According to reports, Tesla has invested $1.5 billion into Bitcoin, and also noted they will begin to accept Bitcoin as a form of payment. Because of this, the cryptocurrency has seen a boost in value
Amazon CEO Jeff Bezos announced that he will be stepping down later this year. Bezos will transition to executive chairman of Amazon’s board, while the company’s top cloud executive Andy Jassy will be Bezos’ successor. “I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will
After an eventful week taking Wall Street by storm, GameStop shares have dramatically plummeted, driving the stock price below $100 after a peak of $483. Following Tuesday’s losses, GameStop saw its market value go from upwards of $30 billion last week to $6.4 billion by Groundhog’s Day. According to CBS News, the drop signals that
Mark Cuban recently did an AMA (Ask Me Anything) session on the WallStreetBets subreddit thatĀ has disrupted Wall StreetĀ in recent weeks. During the Q&A session, Cuban advised: “If you can afford to hold the stock, you hold. I donāt own it, but thatās what I would do. I have no idea. No one really does. I
Shares for struggling video game retailer GameStop have surged since the start of the year by more than 1,000% thanks to smaller investors banding together on subreddit r/WallStreetBets. Since the start of the year, GameStop’s stock prices have risen from around $17 a share to about $148 at market close on Tuesday (January 26). Shares
Percy āMaster Pā Miller continues to push forward with new business ventures, and now the No Limit mogul revealed that he is hopping into the world of supercars. Recently, Master P noted that he was coming together with Richard Patterson, a former engineer at Tesla who designed the Tesla Model S. Miller and Patterson are
Microsoft co-founder and philanthropist Bill Gates owns 242,000 acres in the United States, making him America’s largest private-farmland owner, according toĀ The Land Report. According to the report, Gates’ total farmland is enough to cover 18 states. His portfolio includes farmland in Arkansas (47,927 acre), Arizona (25,750 acre), California (4,905 acre), Colorado (2,270 acre), Florida (14,828),
Facebook CEO Mark Zuckerberg announced that Donald Trump is banned from Facebook indefinitely. A statement from Zuckerberg reads: “We believe the risks of allowing the President to continue to use our service during this period are simply too great. Therefore, we are extending the block we have placed on his Facebook and Instagram accounts indefinitely
Grant Cardone explained the public’s spending habits during the coronavirus pandemic. Using America’s housing boom after 9/11 as an example, Cardone explained that when people are scared, they buy real assets or things that they can understand. Cardone revealed that he accepted $80,000 in Bitcoin as payment for a speaking engagement despite not investing in
According to reports, Elon Musk has overtaken Jeff Bezos as the world’s wealthiest individual. The news came after Musk’s net worth broke the $185B threshold. Some outlets project Musk’s net worth to be $185 billion while others have it closer to $190 billion. Either way, Musk found a massive increase in his personal fortune after
