Saudi Arabia's money is making big waves in Hollywood. Recently, the kingdom's sovereign wealth fund stepped in to help finance a massive takeover bid for Warner Bros. Discovery. This isn't the only big move they've made. They've also shown interest in buying out Electronic Arts, a major gaming comp
Laurene Powell Jobs, the widow of Steve Jobs, is stepping back from her role in sports ownership. She's selling her share in Monumental Sports & Entertainment, the company that owns the Washington Wizards and other sports teams. This news comes from reports by Scott Soshnick and Eben Novy-Williams.
Cathie Wood's Ark Invest made some big moves in the crypto world recently. They bought a lot of shares in Bitmine Immersion, Coinbase, and Bullish. But they also sold some shares in Shopify and a few other companies. This all happened while Bitcoin and Ethereum were losing value. Bitmine Immersion
BP is shaking things up with a new boss. Meg O'Neill, who's been running Woodside Energy in Australia, is stepping into the big chair. This makes her the first woman to lead a major oil company worldwide. The change comes fast. Murray Auchincloss, the current CEO, is leaving after less than two yea
In Hungary, a rush to build battery factories is causing a stir. Chinese companies are investing heavily, with plans to make Hungary a big player in Europe's shift to electric vehicles. But not everyone is happy about it. Locals are worried about the impact on their health and the environment. They
Markets have been on a wild ride lately, leaving many investors confused and frustrated. With just two weeks left in the year, it's a good time to take a step back and look at the bigger picture. The S&P 500 and Nasdaq have been trading in a tight range for over two months, which is not ideal for an
Women's sports teams are making serious cash these days. Just a few years ago, these teams were often given away for free with the purchase of men's teams. Now, there are 25 women's sports teams worth over $100 million each, adding up to a whopping $5. 6 billion. The WNBA is leading the pack, with
Investors often look for problems that need solving. Theo Ludwick and his team at NosTerra Venture Capital saw a big one. Artificial intelligence was using up a lot of electricity. But no single energy source could keep up with the demand. This was a puzzle. But it was also a chance to invest in som
In a surprising turn, Jared Kushner's investment group, Affinity Partners, has decided to exit the race to back Paramount Skydance's ambitious bid for Warner Bros. Discovery. This move comes after a significant shift in the investment landscape since they first got involved last October. The firm's
The stock market had a wild ride recently. The Dow Jones Industrial Average took a hit after some confusing news about jobs. This isn't great for investors who were hoping for a steady climb. But not all sectors were down. Cannabis stocks, for example, saw a big jump. This shows how different parts
