Robinhood launches Gold Card with rewards for member traders [Yahoo!]
The card (presently waitlist-only) is reserved for members of Robinhood Gold…. The Robinhood Gold Card has a singular provide for cardholders who worth premium steel card design. If you full 10 referrals to Robinhood Gold membership (and meet the provide phrases), you may qualify for a “Solid Gold Card” manufactured from 10 karat gold.
Fisker set for attainable default, inventory enters NYSE delisting [Yahoo!]
“It’s going to move over to OTC markets soon. But, yeah. I mean, stock has been below a dollar for since January….”
Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages [Reuters via Yahoo!]
Proxy advisory agency Institutional Shareholder Services, which has the ability to affect a whole lot of traders, 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 “built for the last decade, but not forward looking and flexible enough to ensure success in the next,” 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 hundreds of thousands of {dollars} of withdrawals in 2022 and prompted ExodusPoint to lift contemporary capital after being closed to new money for 3 years. It gathered $1 billion final yr to offset the redemptions, one of many folks stated. 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 could not be more important,” the Harvard psychologist and creator Steven Pinker informed The Guardian in 2014, “namely, that human reason left to its own devices is apt to engage in a number of fallacies and systematic errors, so if we want to make better decisions in our personal lives and as a society, we ought to be aware of these biases and seek workarounds. That’s a powerful and important 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 Global Rich Report…. Swift made her debut on the checklist, her wealth, estimated at US$1.2 billion, propelled by her Eras Tour and royalties from re-recording her albums.
