Mamdani economic advisor is reparations activist who says 'devaluation of Black lives' ingrained in US system
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New York City mayor-elect Zohran Mamdani announced a new economic and workforce development transition team that will be headed by, among others, reparations activist Darrick Hamilton, who argues the U.S. economy and governmental policies related to it are racist.
Read MoreIs McDonald's Stock Underperforming the Dow?
Valued at $217.1 billion by market cap, Chicago, Illinois-based McDonald’s Corporation (MCD) owns, operates, and franchises over 38,000 restaurants in more than 100 countries across the globe. McDonald’s offerings include burgers, sandwiches, fries, shakes, desserts, soft serve cones, cookies, and more.
Companies worth $200 billion or more are generally described as “mega-cap stocks.”
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Read MoreNuScale Stock Could Be a Hidden Gem for Nuclear Energy Investors in 2025
Key Points
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NuScale’s SMRs could make it easier and cheaper to deploy nuclear power plants.
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Its advanced designs were approved,
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Read MoreWhy the crypto market is crashing
New York
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Even by crypto standards, it’s been a rough few weeks.
Investors in digital assets are accustomed to extreme volatility, but a $1 trillion wipeout over the past six weeks has tested even crypto’s diehard believers and alienated many of its newest converts.
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Read More1 Top Cryptocurrency to Buy Before It Soars 21,750%, According to Strategy's Michael Saylor
Key Points
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After starting the year off very strong, Bitcoin has now given back those gains.
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Funding concerns and uncertainty about the Federal Reserve’s path forward have led to a pullback.
The Burst
Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock
David Einhorn has made a name for himself as the founder of Greenlight Capital, which manages around $1.7 billion at last count in Q3 2023.
Interestingly, the fund has made a massive bet on another company with Green in its name, Green Brick Partners. It’s an unfamiliar name to many investors and even those who do know of it may wonder why such a huge position was established by Einhorn and his investment team.
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Read MoreThe Ivy
Is This Buffett Stock Doomed?
With over 33 million subscribers as of 2024, Sirius XM seems like a company that has scaled and locked in a wide moat, but is there more to this Buffett stock than meets the eye.
After all, Buffett may be famous for making billions but he’s not immune to picking poor stocks from time to time.
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