finance

Latest in finance

Grifters have been cold-pitching investors offering them chances to buy into OpenAI — and now, OpenAI is hitting back.

OpenAI Warns Against Investing in Its Stock

By Noor Al-Sibai

After landing a job at SpaceX's Starlink internet division at just 14, now-16-year-old Kairan Quazi is leaving satellites for finance.

Boy Genius Quits SpaceX for Greener Pastures

By Noor Al-Sibai

AI companies are pouring so much money into AI, it may be propping up the US economy, which could make a bubble pop an even bigger disaster.

Artificial Intelligence

If the AI Bubble Pops, It Could Now Take the Entire Economy With It

By Victor Tangermann

With $100 and a dream, one enterprising Redditor turned ChatGPT into a day trader, and the results so far have been pretty remarkable

Someone Gave ChatGPT $100 and Let It Trade Stocks for a Month

By Noor Al-Sibai

A Bitcoin account has cashed out cryptocurrency they originally bought for $54,000 for a staggering profit of over 17 million percent.

Someone Just Sold Their 2011 Bitcoin for a 17 Million Percent Profit

By Victor Tangermann

Investors snubbed Donald Trump Junior's GrabAGun when it opened for public trading on the NYSE Wednesday morning.

Trump’s Son Just Went Public With His Company and It Flopped Spectacularly

Tesla has been losing money hand over fist — and the culprit, Elon Musk, needs to take a long, hard look in the mirror.

The Reason Tesla Is Failing Is That Elon Musk Is an Extremely Unlikeable Person

By Noor Al-Sibai

Despite lofty claims from artificial intelligence soothsayers, the world's top chatbots are still quite bad at giving financial advice.

Artificial Intelligence

Top Chatbots Are Giving Horrible Financial Advice

By Noor Al-Sibai

The heads of banks get paid the big bucks for a reason — and the latest missive from JPMorgan CEO Jamie Dimon is a perfect exemplar.

JPMorgan CEO Says Something Everyone Can Agree On: “Kill Meetings” and Corporate Jargon

By Noor Al-Sibai

The seven largest tech companies may be headed into a slump as rampant AI spending delivers less-than-stellar results.

Artificial Intelligence

As Tech Companies Keep Pouring Money Into AI, Signs May Be Pointing to Disaster

New analysis of the memecoin TRUMP reveals that the vast majority of users broke even or lost money, while a handfull of whales made millions.

Virtually Everybody Who’s Ever Bought Trump’s Meme Coin Has Lost Money On It

Trump's meme coin has now made him vastly more in the past 24 hours than he did in his entire life previously.

The Vast Majority of Trump’s Net Worth Is Now in His Meme Coin

By Jon Christian

Trump is following in the footsteps of luminaries like Haliey "Hawk Tuah Girl" Welch, by launching a meme coin creatively dubbed $TRUMP.

Trump Launches Meme Coin, Just Like Hawk Tuah Girl, Days Before Inauguration

By Jon Christian

People who put their savings into fintech services are left holding the bag after a little-known firm went broke and took their life savings.

Online Bank Users Horrified as Their Savings Accounts Vanish Into Thin Air

By Noor Al-Sibai

The viral "glitch" that allowed people to withdraw "unlimited" money from Chase ATMs is simply a form of fraud, the bank said.

People Who Used “Glitch” to Get Free Money From Chase ATMs Are Now in Huge Trouble

By Frank Landymore

Bernstein analyst Toni Sacconaghi is predicting that shareholders likely won't vote in favor of approving Tesla CEO Elon Musk's pay package.

Analyst Predicts Tesla Shareholders Are Going to Vote Down Elon Musk’s Gigantic Pay Package This Week

By Victor Tangermann