A Texas based investment adviser has been sentenced to eleven years in federal prison after orchestrating a massive Ponzi scheme that targeted high profile clients, including Kansas City Chiefs superstar Travis Kelce. Siddharth Jawahar, thirty eight, was ordered by a judge to pay over thirty one million dollars in restitution to his victims following his
Many investors believe that buying into index funds is a foolproof way to eliminate risk, operating under the assumption that diversifying across a whole market removes the danger of loss. While these funds offer undeniable advantages through low fees and consistent performance compared to many active managers, this mindset creates a dangerous blind spot. Diversification
Dell stock retreated in the premarket session as investors dumped technology shares amid concerns about artificial intelligence (AI). It retreated to $550 from last Friday’s close of $567 also as investors started to book profits. Still, on the positive side, some bullish catalysts may boost the stock in the near term. Dell stock slips amid
Kioxia share price remained under pressure on Tuesday as companies in the artificial intelligence (AI) industry slip. It was trading at ¥51,720, down modestly from last week’s high of ¥61,300. This stock will be in the spotlight as the company plans to follow in SK Hynix’s footsteps by launching a US listing. Kioxia could raise
Etsy stock rose by over 3% on Tuesday as analysts started turning bullish on the company. It rose to $76.45, up by nearly 10% from its lowest level this month. But it also remains in a technical correction after falling by 13% from its highest point this year. Analysts are turning bullish on Etsy stock
Joby Aviation stock remains in a freefall this week and is hovering at its lowest level since May 2025. It slipped to $6.30, down more than 70% from its high last year, with its valuation falling from over $17.4 billion to $6.2 billion today. This retreat may continue, even as the company’s commercialization nears. Joby
Coinbase stock jumped by nearly 10% on Monday after President Donald Trump made a major concession on the CLARITY Act and as Bitcoin and other tokens held steady. COIN jumped to $191.50, up by over 37% from its lowest level this year. Coinbase stock jumps after CLARITY Act concession COIN stock jumped by nearly 10%
Tilray Brands stock has remained under pressure and is underperforming the market this year. TLRY was trading at $4.15 after falling by 55% since January and by 62% in the last 12 months. Still, a contrarian case can be made despite its ongoing challenges. Tilray Brands is doing fairly well despite challenges The cannabis industry
The Nikkei 225 Index moved sideways as the Japanese yen retreated to its lowest level since September 7 and as traders predicted that the Bank of Japan (BoJ) and the Federal Reserve will hike interest rates in their meetings this week. Japan stocks are also reacting to the ongoing divisions on the future of the
Transocean stock jumped by 9% after the company announced a major contract for its Ultra-Deepwater drillship, signaling that its business was seeing substantial traction. RIG soared to $5.94, up by over 22% from its lowest level in July. Transocean is seeing strong demand this year Transocean is a top company in the energy industry, where