Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation 

Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With […]

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Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 weeks’Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. […]

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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says

Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio SaysFewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that Western sanctions on Russia have highlighted new risks of keeping dollar assets. ‘Dollar Is Debt,’ […]

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Musk to Launch ‘Truthgpt,’ Says Microsoft-Backed Chatbot Is Trained to Lie

Musk to Launch ‘Truthgpt,’ Says Microsoft-backed Chatbot Is Trained to LieTech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft and Google. Elon Musk Slams Microsoft-Funded Openai, Google Founder for AI […]

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Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report

Musk Mulls AI Startup to Rival Chatgpt Maker Openai, ReportEntrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly Working to Establish Openai Rival, Registers X.AI Corp […]

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Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent InterviewFinance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child. Buffett Shares His Two Cents on Bitcoin, […]

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Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

Uncertainty Surrounds Federal Reserve's Future Plans for Rate HikesThe U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended […]

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‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent oil, and strategists from Morgan […]

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