Opening Bell: 3.27.24



Finance.yahoo.com/personal-Finance/robinhood-gold-credit-card-230059735.html”>Robinhood launches Gold Card with rewards for member buyers [Yahoo!]
The cardboard (at the moment waitlist-only) is reserved for members of Robinhood Gold…. The Robinhood Gold Card has a novel provide for cardholders who worth premium steel card design. In case you full 10 referrals to Robinhood Gold membership (and meet the provide phrases), you may qualify for a “Stable Gold Card” fabricated from 10 karat gold.

Finance.yahoo.com/video/fisker-set-possible-default-stock-143816628.html”>Fisker set for potential default, inventory enters NYSE delisting [Yahoo!]
IT‘s going to maneuver over to OTC markets quickly. However, yeah. I imply, inventory has been beneath a greenback for since January….”

Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages [Reuters via Yahoo!]
Proxy advisory agency Institutional Shareholder Companies, which has the facility to affect a whole lot of buyers, had additionally backed Peltz final week, saying that he may make sure the board does its job and tackles questions of CEO succession and technique…. Disney’s enterprise mannequin is “constructed for the final decade, however not ahead trying and versatile sufficient to make sure success within the subsequent,” Trian quoted Egan-Jones as saying in an announcement.

ExodusPoint Hedge Fund Clients Yanked $1 Billion in 2023 [Bloomberg]
That adopted a whole lot of tens of millions of {dollars} of withdrawals in 2022 and prompted ExodusPoint to lift recent capital after being closed to new money for 3 years. IT gathered $1 billion final yr to offset the redemptions, one of many individuals mentioned. The hedge fund, beset by a stretch of lackluster returns, manages about $12 billion.

Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90 [NYT]
“His central message couldn’t be extra necessary,” the Harvard psychologist and writer Steven Pinker advised The Guardian in 2014, “particularly, that human cause left to its personal gadgets is apt to interact in a variety of fallacies and systematic errors, so if we wish to make higher selections in our private lives and as a society, we ought to concentrate on these biases and search workarounds. That’s a strong and necessary discovery.”

Taylor Swift Joins Elon Musk on Global Billionaire Rankings [Penta]
Musk’s US$231 billion fortune catapulted him above Amazon govt chairman Jeff Bezos (US$185 billion) and LVMH CEO Bernard Arnault (US$175 billion), who ranked second and third, respectively, on the thirteenth Hurun World Wealthy Report…. Swift made her debut on the listing, her wealth, estimated at US$1.2 billion, propelled by her Eras Tour and royalties from re-recording her albums.



Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top