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'You're A Fool' Who Will 'Lose Everything' If You Take On Debt To Invest In Crypto, Mark Cuban Says
Monday, January 11, 2021 - 8:40pm | 477Mark Cuban weighs in on the recent crypto craze. What Happened: An investor, the Shark Tank host, and the Dallas Mavericks owner Mark Cuban has shared his thoughts on investing in crypto with his followers on Twitter, calling crypto trades a bubble “exactly like the internet stock” one...
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How To Invest Like Carlos Slim
Sunday, December 27, 2020 - 2:38pm | 631In 2010, Carlos Slim became the first non-U.S. resident to top Forbes' list of the world's richest people in 16 years, knocking Bill Gates from the top of the list. About Carlos Slim: Forbes now ranks Slim as the 12th richest person in the world, with a net worth of $59.4 billion....
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How Fisker's Media Coverage Could Boost EV Reservations For Tesla Rival
Wednesday, December 16, 2020 - 11:16am | 472A piece in Forbes over the weekend profiled Henrik Fisker and Geeta Gupta-Fisker as the “Billionaire Couple Taking On Tesla.” What Happened: The piece from Forbes profiled the pair as the first husband-and-wife power couple in the auto industry. Henrik is the leader of Fisker Inc (NYSE...
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5 Fun Facts You Might Not Know About Jack Dorsey
Sunday, December 13, 2020 - 12:18pm | 561Jack Dorsey is best known to investors as the co-Founder and CEO of Twitter (NYSE: TWTR) and the founder and CEO of Square Inc (NYSE: SQ). About Jack Dorsey: The entrepreneur has seen his wealth soar with the valuations of Square and Twitter climbing since going public. Forbes lists Dorsey’s...
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Fintech Focus For December 8, 2020
Monday, December 7, 2020 - 5:39pm | 1600Quote To Start The Day: There’s challenges with blockchain to date because it doesn’t have the scale to provide attractive economics. Source: Daniel Springer One Big Thing In Fintech: The fintech space is becoming increasingly crowded (since fintech is eating the world) with over $20...
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Discord Valued At $7B In Latest Funding Talks: Report
Tuesday, November 24, 2020 - 10:13pm | 310Gaming and online communications software company Discord Inc is nearing a deal to secure an undisclosed amount in a fresh round of funding. According to Forbes, if successful it would increase the company’s enterprise valuation to $7 billion. What Happened: The San Francisco-...
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5 Things You Might Not Know About Mark Cuban
Sunday, November 22, 2020 - 1:42pm | 701Mark Cuban is well-known for his role on CNBC's "Shark Tank," as the owner of the Dallas Mavericks and a dispenser of financial and career advice. Here are five other facts about Cuban that may be new to readers. 1. Mark Cuban The Actor: Cuban has 54 listed producer credits...
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Elon Musk Tweets 'Caution' On SPACs As Tesla Rivals Go Public
Thursday, November 19, 2020 - 3:45pm | 458A Forbes cover story called "How SPACS Became Wall Street Money Tree" highlights some of the negatives of the SPAC industry. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted in response to the article. What Happened: The article from Forbes highlights some former SPACs like Waitr...
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China Calls For Collaboration With US And Other Countries
Friday, October 30, 2020 - 9:30am | 499The Chinese central government officials extend an olive branch, calling for collaborated efforts with the other countries due to rising global uncertainties from the coronavirus pandemic and protectionism, CNBC reports. The comments were made in a high-level press conference on Friday...
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What Traders And Investors Should Know About The Utah Jazz Sale
Wednesday, October 28, 2020 - 5:38pm | 564The Utah Jazz and Vivint Smart Home Arena are being sold to lifelong fan and Qualtrics founder Ryan Smith. The sale could be a boost to a publicly-traded company that owns several sports teams, including the New York Knicks. What Happened: ESPN reported a sale price of $1.66 billion for the ...
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Meet Q.ai, A Robo Investing App That's Disrupting The Hedge Fund Industry
Friday, October 16, 2020 - 3:05pm | 641Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...
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Boston Red Sox, Liverpool Going Public Via Billy Beane SPAC: WSJ
Saturday, October 10, 2020 - 10:49am | 643A sports SPAC is set to take Fenway Sports Group public in a deal valuing the company at $8 billion, according to The Wall Street Journal. About Fenway Sports Group: Fenway Sports Group is the owner of MLB’s Boston Red Sox and Liverpool Football Club of the English Premier League. Fenway...
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MLB Playoffs, New York Mets Sale Could Boost Atlanta Braves Stock
Tuesday, October 6, 2020 - 7:24pm | 721The Atlanta Braves are one of only a few publicly traded sports teams. The team's run in the MLB Playoffs and rising MLB valuations could help boost shares. Atlanta Braves Franchise: The Atlanta Braves were purchased by Liberty in 2007 for $400 million. The Braves are now one of several...
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A Huge Week For Facebook Alums Peter Thiel, Dustin Moskovitz And Justin Rosenstein
Thursday, October 1, 2020 - 1:15pm | 556Two of the biggest names connected to Facebook Inc (NASDAQ: FB) are now connected through sharing Sept. 30, 2020, as the day of companies they founded going public via direct listings. Peter Thiel: The first big outside investor in Facebook was Peter Thiel. He has since sold most of his...
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Fintech Focus For September 29, 2020
Monday, September 28, 2020 - 4:40pm | 1775Quote Of The Day: When everything seems to be going against you, remember that the airplane takes off against the wind, not with it. - Henry Ford Fintech Movers: Financial health will become the new basis of competition in banking. - Forbes Finicity added to banking and credit tech. Wirex...