Billionaire Bill Gates Has 69% of His Foundation's $49 Billion Portfolio Invested in 3 Phenomenal Stocks

Billionaire Bill Gates Has 69% of His Foundation’s $49 Billion Portfolio Invested in 3 Phenomenal Stocks

The tech billionaire has some surprisingly un-tech investments in his trust’s portfolio. Bill Gates has sat near the top of the list of the wealthiest people in the world for decades. The Microsoft (MSFT -6.05%) co-founder became the first-ever centibillionaire in 1999, 18 years before anyone else would reach that level of wealth. Around that…

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China’s crowded and closed generative AI market is facing a shakeout, analysts say

China’s crowded and closed generative AI market is facing a shakeout, analysts say

China’s crowded and closed generative artificial intelligence (AI) market, in which at least 100 large language models (LLMs) are jostling for attention and revenues, is facing consolidation, according to analysts. One implication is that China’s AI start-ups will pivot to revenue-generating applications instead of pouring resources into basic research, an approach that would differentiate them…

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Canaccord Lauds Michael Saylor’s Leverage Strategy, Labels MicroStrategy (MSTR) One of the Best Bitcoin (BTC) Exposure Plays

“If stock price is the true test for any business model, then in our view MSTR is hard to beat,” analysts led by Joseph Vafi wrote, noting that since the firm adopted its bitcoin acquisition strategy in 2020 it has significantly outperformed both equities and the world’s largest cryptocurrency. Source link

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Nation and world news in brief for November 1

Nation and world news in brief for November 1

Trump sues CBS over Kamala Harris ‘60 Minutes’ interview WASHINGTON (Reuters) — Republican presidential candidate Donald Trump sued CBS on Thursday over an interview of his Democratic rival Kamala Harris aired on its “60 Minutes” news program in early October that the lawsuit alleged was misleading, according to a court filing. The complaint, filed in…

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Is China a hero or villain in the climate fight? 

Is China a hero or villain in the climate fight? 

Berlin —  China’s carbon emissions might peak before its target date of 2030 and its growing green economy could set an example for energy transition – even though the country relies heavily on coal and is currently the world’s biggest greenhouse gas emitter, experts say. The country’s seemingly contradictory position in the fight against global…

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