Buy low, sell high: Investor and media entrepreneur Byron Allen has sold all of the shares in Starz that he had acquired earlier this year from Steve Mnuchin, the former Hollywood producer who served as Treasury Secretary during President Trump’s first term. He sold all 1.8 million shares of Starz he had owned over the
Forget a double-header. The market is about to get a quadruple-header that could reset the trajectory of stocks and bonds. By Thursday night, investors will have heard from the Fed and three of the biggest spenders in the AI trade: Alphabet, Microsoft, and Amazon. The throughline will be a familiar one: Can Big Tech keep
When Anthropic goes public, the stock its seven cofounders hold stands to be worth up to $200 billion between them, carved up into seven nearly identical piles. Each cofounder, including siblings Dario and Daniela Amodei, holds a stake of between 231 million and 244 million shares. Those stakes would be worth about $21 billion to
Neocloud companies are sliding even lower. Shares dropped further on Monday after Elon Musk warned that many of them face “guppy-level death.” CoreWeave and Nebius have both fallen more than 30% over the past month, largely due to growing concerns about the debt they’ve taken on to build more data centers. In early premarket trading
Apollo Chief Economic Torsten Slok was on a warpath this past week, issuing a series of warnings about the AI boom as Wall Street retreated from the sector. On Tuesday, he pointed to the recent slowdown in token spending growth, saying the demand curve for compute is flat and highly sensitive to price changes. Meanwhile,
We may earn revenue from the products available on this page and participate in affiliate programs. Learn more › TL;DR: Demystify investing even as you build your portfolio with this lifetime subscription to Sterling Stock Picker for $49.97 (reg. $399). People always say the best financial advice is to invest in stocks. However, understanding the
