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Bitcoin rallied about 1.6% Friday, coming close to setting a new record despite widespread economic uncertainty. The cryptocurrency traded at over $122,000 – just below the all-time high of about $124,000 that it notched in August. The rally is a signal that investors may be viewing Bitcoin as another safe-haven asset, like gold, as the […]
NFL MVP Josh Allen signs with New Balance. Courtesy of New Balance NFL MVP Josh Allen has left Nike to sign an endorsement deal with New Balance. The Buffalo Bills quarterback announced the news on Friday in a letter to his hometown of Firebaugh, California. The deal is a major win for Massachusetts-based New Balance. […]
It has been a rough week for Nvidia – the chip giant powering the AI revolution and just about every American’s 401(k) – and it’s not just recent headlines that are threatening the stock, On The Money has learned. OpenAI Sam Altman helped spark a selloff in shares with his talk of “overexcited” investors and an artificial […]
Sequoia Capital’s Shaun Maguire interviews with CNBC. CNBC Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against a Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of […]
