Larry Fink, CEO of BlackRock Inc. (NYSE: BLK), has proposed a novel investment strategy that could potentially reshape the traditional 60/40 portfolio.
The Ultimate Fighting Championship (UFC), a subsidiary of TKO Group Holdings (NYSE: TKO), has entered into a multiyear partnership with tech giant Meta to transform fan engagement using Meta's advanced technology.
As US President Donald Trump lights the global economy on fire in his bid to reduce America's $1.2 trillion annual trade deficit, a few astute intellectuals on Twitter have uncovered the math that went into arriving at the tariffs that other countries charge the United States, which ultimately led to the reciprocal tariffs that the US will now be imposing on them.
The research firm surmised that the design contract Vishay Precision Group secured in late 2023 with an unnamed, leading humanoid robot developer is none other than Tesla's Optimus.
Investor sentiment was also boosted by Lucid reporting a 58% jump in first-quarter deliveries to 3,109 cars, taking its year-to-date tally to over 5,300.
