Trump Media Execs Take Home Windfall Whist Share Price halved

Tump Media Executives are receiving massive financial gains despite a continuously falling share price for the company’s stock. The corporate Securities and Exchange Committee (SEC) filings posted this month show us how executives in the company are being compensated in salary and promissory notes. What is a promissory note? A promissory note is a halfway […]

Buy these data center stocks to tap big growth, AI needs, says UBS

The data center sector is poised for fast growth in the years ahead, according to UBS. The investment bank predicts growth of between 15% and 20% for 2024 and 2025, and “healthy” double-digit growth in the following years. That’s partly based on the projected growth of hyperscalers, which are doing much of the cloud computing […]

AI stock could fall 50% and has an ‘exaggerated’ narrative,’ Morningstar says

Arm , the British semiconductor design company, has seen its share price skyrocket since reporting third-quarter earnings in February. The stock has risen by 65% this year, driven by what Morningstar calls the “AI buzzword” narrative and the company’s ability to increase royalty fees after its latest chip architecture launch. Arm develops and designs the […]

Boom times for US green energy as federal cash flows in

Signed into law by President Biden in August 2022, the IRA, along with the so-called Bipartisan Infrastructure Law (BIL) enacted in November 2021, are intended, amongst other things, to funnel billions of federal dollars into developing clean energy. Source link

How much Truth Social app executives make

The merger that led to Trump Media shares becoming publicly traded is also paying off for top executives and other insiders at the company, which owns the Truth Social app regularly used by former President Donald Trump. Corporate filings from Trump Media — which reported a net loss of $58 million last year on revenue […]

Newspaper Criticizes Meta, Gets Temporary Block on Facebook

Meta blocked all posts from The Kansas Reflector on Thursday after the nonprofit newspaper called out Facebook, which Meta owns, and other forms of social media in an article. The article, titled “When Facebook fails, local media matters even more for our planet’s future,” directly calls out Meta and Facebook for suppressing posts related to […]

He Made Millions Buying Airbnb Properties, Rental Arbitrage

This article originally appeared on Business Insider. This as-told-to essay is based on a conversation with Syed Lateef, a 36-year-old Airbnb Superhost in Chicago. It’s been edited for length and clarity. I’m the CEO of SyedBnb, a short-term rental company with over 300 units and 100 employees. After dropping out of college for one year […]