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Elon Musk Neuralink

And More November 30, 2022

Elon Musk’s Boring Company Is Struggling to Retain Employees, The WSJ Reported

Elon Musk’s The Boring Company has battled to retain employees amid a culture of long working hours, The Wall Street…

By Rochdi Rais

U.S. Housing by Zachary Keimig - Via Unsplash

And More November 30, 2022

30-Year Mortgage Rate Sunk to Its Lowest Level Since September, Data from Mortgage Bankers Association Shows

The 30-year mortgage rate plunged to the lowest since September, and demand to purchase homes increased. According to data from…

By Rochdi Rais

Sam Bankman Fried FTX Collapse

America November 30, 2022

Temasek’s Loss of $275 Million in FTX’s Downfall was “Disappointing”, Says Singapore’s PM

Temasek’s investment loss of $275 million in the implosion of cryptocurrency exchange FTX was “disappointing” and detrimental to Singapore, said…

By Rochdi Rais

Sam Bankman-Fried

And More November 29, 2022

Sam Bankman-Fried Says He Used “Dark Money” to Become The Republicans’ Third-Biggest Donor

Sam Bankman-Fried, the founder of FTX, says he’s the Republicans’ third-biggest donor – but used “dark money” to avoid criticism.…

By Rochdi Rais

Bear Market

And More November 29, 2022

Investors Should Prepare for a Sharp Sell-Off In Stocks, Warns Morgan Stanley’s Mike Wilson

Investors should brace for a sharp selloff in US stocks within months, as earnings outlook downgrades cause prices to plunge,…

By Rochdi Rais

Michael Burry - American Investor

America November 28, 2022

“Big Short” Investor Michael Burry Warns of “Extended Multi-Year Recession”

Michael Burry has sounded the recession alarm, warning the US economic downturn will probably last several years as he sees…

By Rochdi Rais

US Dollar vs British Pound Sterling

And More November 28, 2022

US Dollar On Path to Mark Its Lowest Slump Since 2010, Sheds 4.2% In a Month

After hawkish Federal Reserve policy sparked a dramatic decline for the US dollar, the currency is now on pace for…

By Rochdi Rais

bank of america by javier haro via Javier Haro Unsplash

And More November 27, 2022

Markets Will Be Rattled By a Recession, Could Send Stocks 24% Lower, Says BofA

Markets will be crashed by a recession next year, with the benchmark US stock index potentially slumping 24% from its…

By Rochdi Rais

Elon Musk vs Tim Cook

And More November 26, 2022

Elon Musk to Create His Own Smartphone If Twitter Gets Banned From Apple’s App Store

Elon Musk is willing to build his own smartphone if Apple decides to kick Twitter out of its App Store. …

By Rochdi Rais

Cathie Wood - Elon Musk

America November 26, 2022

Cathie Wood Is Still Bullish on Cryptos and Tesla, Here are The 9 Best Quotes

Star investor Cathie Wood is confident about sharing her outlook for cryptocurrency and investment strategies. In an interview with Bloomberg…

By Rochdi Rais

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