Veteran investor and cryptocurrency advocate Cathie Wood referred to Bitcoin (CRYPTO: BTC) as the “pure cryptocurrency” in an interview aired Saturday, indicating that it will always have an edge over Ethereum (CRYPTO: ETH).‘Bitcoin Owns The Crypto Space’Speaking to Wilfred Frost on The Master Investors podcast, the Ark Invest CEO expressed confidence that Bitcoin would be the “biggest” cryptocurrency by far.“Bitcoin owns the cryptocurrency space when it comes to pure crypto,” Wood added. “It’s a monetary s ...

With commodities like gold and silver becoming the leading performers year-to-date, financial markets have caught a precious metal bug again. Yet, the latest research shows that nature-related risks could undermine the sector’s earnings by as much as 25%.According to new analysis from Barclays, the sector is particularly exposed to biodiversity and ecosystem challenges, and this vulnerability could reshape how miners operate within the current commodity cycle."We hope that in sharing our work we can start a ...

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?Loading...Loading...Read Next: ...

It’s that time again. The weekend is over, and it’s time to catch up on the latest news. Here’s a quick roundup of the top stories that you might have missed.What Happened With Lucid’s Gravity SUV?Lucid Group (NASDAQ: LCID) has seen a surge in demand for its Lucid Gravity SUV, despite reports to the contrary. The company has dismissed the rumors and stated that it has delivered a significant number of SUVs.Lucid’s Gravity SUV was introduced in late 2024. The company’s response to the alleged low demand sugg ...

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?Loading...Loading...Read Next: ...

The U.S. economy grew at a 3.8% annual rate in the second quarter, its fastest pace since the third quarter of 2023 and above the long-term trend.That marked a sharp rebound from the first quarter's 0.5% contraction, when tariff fears curbed business activity. The acceleration contrasts with softer summer labor readings that signaled some cooling.With days left in the fiscal year and no full-year funding or stopgap deal, the government could shut down at 12:01 a.m. Oct. 1, stalling services, furloughing wor ...

Mike Bezos, father of Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, is significantly expanding his family office to manage the family's multi-generational wealth, reflecting the growing trend of private family offices in the U.S.Aurora Borealis Hires CEO To Manage Multi-Billion-Dollar Family WealthMike Bezos' family office, Aurora Borealis, recently hired Valeria Alberola as CEO to oversee operations from Miami and is searching for a Chief Investment Officer to manage the family's investment portfolio, ...

The Boeing Co. (NYSE: BA) reached a $50,000 settlement on Friday with the mother of John Barnett, a deceased whistleblower, resolving wrongful death claims in U.S. District Court in South Carolina. The settlement also includes undisclosed terms related to Barnett's ongoing retaliation lawsuit against the aerospace company.Check out the current price of BA stock here. Whistleblower Found Dead During DepositionAccording to Reuters, Barnett died by suicide on March 9, 2024, while participating in depositions f ...

Microsoft Corp. (NASDAQ: MSFT) co-founder Bill Gates highlighted how a small group of IIT graduates helped transform Microsoft's engineering capabilities at a time when U.S. visa policies are sparking global debate.IIT Engineers Played Key Role In Building Microsoft's Early Engineering TeamIn a 2024 video from IIT Delhi, Gates said, "In a sense, my first connection with India came because of the IITs."He added, "One of the great people who worked for me said that he would go over to India and hire about 15 ...

Chinese auto maker BYD Co. Ltd. (OTC: BYDDY) (OTC: BYDDF) thanked Warren Buffett and Charlie Munger for believing in the company, while confirming the exit of Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) from the company earlier this year, ending a 17-year investment relationship.Check out the current price of BYDDY stock here. BYD Confirms Exit, Credits Munger’s VisionAccording to CNBC, BYD executive Li Yunfei shared on Weibo that Berkshire started cutting its stake in August 2022, with the holding drop ...