Money, Wealth & Power—A Daily Look at the Financial World
Elon Musk is trying to pull off a tricky maneuver ahead of Tesla’s next earnings call: keep the dream of a driverless Cybercab alive while quietly telling investors not to expect miracles overnight. The same chief executive who once framed robotaxis as an “epic” profit engine is now talking about “agonizingly slow” early production and…
Elon Musk is moving SpaceX closer to the public markets, lining up four of Wall Street’s most powerful banks to steer what could be one of the largest stock offerings in history. The company is targeting a 2026 debut, setting the stage for a test of investor appetite for a space and satellite business that…
President Donald Trump has opened a new front in his long running clash with Wall Street, filing a $5 billion lawsuit that accuses JPMorgan Chase and its chief executive of punishing him for his politics. The complaint centers on the bank’s decision to close accounts tied to Trump and his businesses in early 2021, a…
Bitcoin is stuck in a tight trading band, but behind the flat price chart a furious repositioning is under way as whales, platforms and banks all try to lock in their next move. The result is a week where a bitcoin spending spree sits alongside shrinking liquidity and a new race to build bigger, more…
Nvidia’s surge to the center of the artificial intelligence boom has turned graphics processors into the hottest commodity in technology, but the most strategic winner is not another GPU designer. As demand for advanced chips overwhelms global manufacturing capacity, the real leverage is shifting to the companies that can actually build this hardware at scale….
Tariffs usually sound like a distant fight between Washington and foreign capitals, but the current clash over President Donald Trump’s trade agenda and a pending Supreme Court decision could land right in your fuel tank. The longer the legal uncertainty drags on, the more importers, refiners, and shippers have to price in risk, and that…
Market crashes are usually described in terms of fear, not opportunity, yet history suggests the most brutal sell‑offs often plant the seeds of the next generation of wealth. If a 2026 stock market crash does arrive, the real story for disciplined savers could be the chance to buy strong assets at rare discounts and reset…
Bond markets are flashing a message that is hard to misread: the era of costless borrowing is over, and the United States, with roughly $34 trillion in federal debt, is running out of room for error. Citadel founder Ken Griffin argues that the latest turmoil in government bonds abroad is not a distant drama but…
The discovery of a vast new trove of minerals valued at around six trillion dollars is not just another resource story, it is a shock to the wiring of the global economy. When a single find rivals the annual output of major economies, trade flows, industrial strategies, and geopolitical alliances all start to shift. I…
Palantir co-founder Billionaire Peter Thiel has walked away from one of the hottest trades in markets, selling his Nvidia stake and concentrating his money in a small basket of artificial intelligence winners. Regulatory filings show that 100% of his portfolio is now committed to just three AI-focused Stocks, a level of conviction that stands out…