watch now VIDEO 45:14 45:14 'Crocodile Of Wall Street' and the battle over billions in stolen bitcoins Tech The Russian-U.S. national who hacked crypto exchange Bitfinex and stole nearly 120,000 bitcoin said he has been freed from prison early thanks to the bipartisan prison-reform law signed by President Donald Trump . Ilya Lichtenstein, 38, had been sentenced in November 2024 to five years in pr...
watch now VIDEO 45:14 45:14 'Crocodile Of Wall Street' and the battle over billions in stolen bitcoins Tech The Russian-U.S. national who hacked crypto exchange Bitfinex and stole nearly 120,000 bitcoin said he has been freed from prison early thanks to the bipartisan prison-reform law signed by President Donald Trump . Ilya Lichtenstein, 38, had been sentenced in November 2024 to five years in prison after pleading guilty to a money laundering conspiracy charge and admitting to the hack of crypto assets now valued in the billions of dollars. But late Thursday night, a post on Lichtenstein's official X account declared, "Thanks to President Trump's First Step Act, I have been released from prison early." Courtroom sketch of Ilya "Dutch" Lichtenstein while pleading guilty to laundering the stolen bitcoin in Washington, D.C., federal court. Artist: William Hennessey "I remain committed to making a positive impact in cybersecurity as soon as I can," Lichtenstein's post said. "To the supporters, thank you for everything. To the haters, I look forward to proving you wrong." A Trump administration official told CNBC on Friday morning that Lichtenstein "has served significant time on his sentence and is currently on home confinement consistent with statute and Bureau of Prisons policies." Attorneys for Lichtenstein did not immediately respond to requests for comment on his release. Lichtenstein's wife, Heather Morgan — who also pleaded guilty to helping launder the stolen funds — shared Lichtenstein's message on her own X account, saying, "The best New Years present I could get was finally having my husband home after 4 years of being apart." Morgan's tweet, posted two minutes after Lichtenstein's, included a photo of the couple smiling for a selfie. Lichtenstein's sentence included credit for time he already served in custody following his arrest in 2022, more than five years after Bitfinex was hacked. As of Friday morning, a search for Lichtenstein's name using the feder...
Bottom Line Up Front: In a recent speech, Nvidia CEO Jensen Huang outlined his plan for bringing manufacturing jobs back to America: force companies to build AI infrastructure in America. Huang says this is essential to ensure that everyday Americans can prosper in the age of AI, not just those with PhDs and college degrees. This is something he is fully aligned with President Donald Trump on, and...
Bottom Line Up Front: In a recent speech, Nvidia CEO Jensen Huang outlined his plan for bringing manufacturing jobs back to America: force companies to build AI infrastructure in America. Huang says this is essential to ensure that everyday Americans can prosper in the age of AI, not just those with PhDs and college degrees. This is something he is fully aligned with President Donald Trump on, and they’re already taking noticeable action to make sure it happens. The Details: At a Center for Strategic and International Studies (CSIS) fireside chat on securing U.S. leadership in artificial intelligence, Nvidia founder and CEO Jensen Huang addressed his thoughts on federal industrial policy and the best path forward for the United States. When asked about policy approaches spanning energy, regulation, and ownership frameworks, Huang focused on what he described as foundational constraints to long-term growth, linking energy availability, manufacturing capacity, and technological change. Specifically, Huang said, “President Trump walked into a situation where dramatic actions needed to be taken. The first dramatic action that needed to be taken is to reverse the mistakes in energy growth over the course of the last decade. We’ve done our country a great disservice. There are no new industries you can grow without energy.” The idea is simple: if there is no electricity to power America’s manufacturing hubs, then there’s no chance they can thrive. Simply building the manufacturing first and the electricity later will skyrocket costs, further making build-out unsustainable. He extended that argument to social and economic outcomes, adding, “If we want to fix our social issues, domestic social issues, we have to create prosperity, not just for people with PhDs and college degrees. We have to create prosperity for every segment of the economy. The largest segment of the economy is manufacturing. And we’ve offshored that for too long. For 20 years. We got to bring that back. ...
Travel in 2026 is expected to change fast. Dakota Smith, President and Co-Founder of Hopper, joined Bloomberg TV and radio to explain the trends shaping travel—from flexibility and disruption protection to AI-driven service. (Source: Bloomberg)
Travel in 2026 is expected to change fast. Dakota Smith, President and Co-Founder of Hopper, joined Bloomberg TV and radio to explain the trends shaping travel—from flexibility and disruption protection to AI-driven service. (Source: Bloomberg)
In trading on Monday, shares of Teekay Tankers Ltd (Symbol: TNK) entered into oversold territory, changing hands as low as $52.78 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Teekay T...
In trading on Monday, shares of Teekay Tankers Ltd (Symbol: TNK) entered into oversold territory, changing hands as low as $52.78 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Teekay Tankers Ltd, the RSI reading has hit 29.6 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 41.0, the RSI of WTI Crude Oil is at 33.5, the RSI of Henry Hub Natural Gas is presently 31.2, and the 3-2-1 Crack Spread RSI is 50.4. A bullish investor could look at TNK's 29.6 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), TNK's low point in its 52 week range is $37.20 per share, with $74.20 as the 52 week high point — that compares with a last trade of $55.13. Teekay Tankers Ltd shares are currently trading down about 5.1% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Quest Diagnostics, Inc. (Symbol: DGX) presently has an above average rank, in the top 50% of the coverage universe, which ...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Quest Diagnostics, Inc. (Symbol: DGX) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Quest Diagnostics, Inc. an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of DGX entered into oversold territory, changing hands as low as $172.03 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Quest Diagnostics, Inc., the RSI reading has hit 29.5 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 50.6. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, DGX's recent annualized dividend of 3.2/share (currently paid in quarterly installments) works out to an annual yield of 1.84% based upon the recent $173.53 share price. A bullish investor could look at DGX's 29.5 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DGX is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversold dividend s...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Encompass Health Corp (Symbol: EHC) presently has an above average rank, in the top 50% of the coverage universe, which su...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Encompass Health Corp (Symbol: EHC) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Encompass Health Corp an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of EHC entered into oversold territory, changing hands as low as $103.575 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Encompass Health Corp, the RSI reading has hit 29.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 50.6. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, EHC's recent annualized dividend of 0.76/share (currently paid in quarterly installments) works out to an annual yield of 0.72% based upon the recent $106.14 share price. A bullish investor could look at EHC's 29.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on EHC is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversold dividend stock...
In trading on Friday, shares of Frontline plc (Symbol: FRO) entered into oversold territory, changing hands as low as $12.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Frontline plc...
In trading on Friday, shares of Frontline plc (Symbol: FRO) entered into oversold territory, changing hands as low as $12.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Frontline plc, the RSI reading has hit 24.8 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 35.2, the RSI of WTI Crude Oil is at 27.7, the RSI of Henry Hub Natural Gas is presently 44.9, and the 3-2-1 Crack Spread RSI is 54.8. A bullish investor could look at FRO's 24.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), FRO's low point in its 52 week range is $12.40 per share, with $29.39 as the 52 week high point — that compares with a last trade of $12.62. Frontline plc shares are currently trading off about 12% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Tuesday, shares of RingCentral Inc (Symbol: RNG) crossed below their 200 day moving average of $34.45, changing hands as low as $32.41 per share. RingCentral Inc shares are currently trading off about 14.1% on the day. The chart below shows the one year performance of RNG shares, versus its 200 day moving average: Looking at the chart above, RNG's low point in its 52 week range is $2...
In trading on Tuesday, shares of RingCentral Inc (Symbol: RNG) crossed below their 200 day moving average of $34.45, changing hands as low as $32.41 per share. RingCentral Inc shares are currently trading off about 14.1% on the day. The chart below shows the one year performance of RNG shares, versus its 200 day moving average: Looking at the chart above, RNG's low point in its 52 week range is $25.32 per share, with $54.76 as the 52 week high point — that compares with a last trade of $33.52. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Denison's all set to open up Canada's next new uranium mine. Denison Mines (DNN +11.47%) stock started off the New Year right, soaring 11.3% through 11:25 a.m. ET Friday, after the uranium mining company announced this morning that it's ready to start construction of its "proposed Phoenix In-Situ Recovery ... uranium mine." Phoenix rising Denison calls Phoenix its "flagship" project, and says it w...
Denison's all set to open up Canada's next new uranium mine. Denison Mines (DNN +11.47%) stock started off the New Year right, soaring 11.3% through 11:25 a.m. ET Friday, after the uranium mining company announced this morning that it's ready to start construction of its "proposed Phoenix In-Situ Recovery ... uranium mine." Phoenix rising Denison calls Phoenix its "flagship" project, and says it will "become the first new large-scale uranium mine built in Canada since Cigar Lake." "Significant regulatory, engineering, and construction planning progress has been made throughout 2025, which has positioned Phoenix in a construction-ready state," says the company. Construction will take two years, and "provided final regulatory approvals to commence construction are received in Q1'2026," this means uranium production might conceivably begin by mid-2028." Expand NYSEMKT : DNN Denison Mines Today's Change ( 11.47 %) $ 0.30 Current Price $ 2.96 Key Data Points Market Cap $2.4B Day's Range $ 2.74 - $ 3.00 52wk Range $ 1.08 - $ 3.42 Volume 30M Avg Vol 71M Gross Margin -139426.74 % What this means for Denison stock Denison continues to anticipate that widespread adoption of nuclear energy around the world will drive increased demand for uranium, creating a ready market for output from the Phoenix project. As regards regulatory approvals, management notes "Canada's objective to develop sustainable and environmentally responsible 'nation building' mining projects to reinvigorate Canada's natural resources sector." All of the above bodes well both for getting Phoenix online on time and according to schedule, as well as for there being plenty of demand for Denison's uranium once the new mine begins producing. Advertisement The next step will be to receive final regulatory approval from the Canadian Nuclear Safety Commission, after which Denison will make a final investment decision on whether to proceed with construction. Assuming this is in the affirmative, the company anticipat...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Coca-Cola Consolidated Inc (Symbol: COKE) presently has an above average rank, in the top 50% of the coverage universe, wh...
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Coca-Cola Consolidated Inc (Symbol: COKE) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Coca-Cola Consolidated Inc an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of COKE entered into oversold territory, changing hands as low as $149.35 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Coca-Cola Consolidated Inc, the RSI reading has hit 27.7 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 50.6. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, COKE's recent annualized dividend of 1/share (currently paid in quarterly installments) works out to an annual yield of 0.65% based upon the recent $153.30 share price. A bullish investor could look at COKE's 27.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on COKE is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue. Click here to find out what 9 other oversol...
In trading on Thursday, shares of RH (Symbol: RH) crossed above their 200 day moving average of $639.54, changing hands as high as $658.51 per share. RH shares are currently trading up about 10.7% on the day. The chart below shows the one year performance of RH shares, versus its 200 day moving average: Looking at the chart above, RH's low point in its 52 week range is $411.88 per share, with $744...
In trading on Thursday, shares of RH (Symbol: RH) crossed above their 200 day moving average of $639.54, changing hands as high as $658.51 per share. RH shares are currently trading up about 10.7% on the day. The chart below shows the one year performance of RH shares, versus its 200 day moving average: Looking at the chart above, RH's low point in its 52 week range is $411.88 per share, with $744.56 as the 52 week high point — that compares with a last trade of $641.61. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Nvidia Corp. (NASDAQ:NVDA) continues to dominate market attention as the artificial intelligence boom accelerates and expands into new frontiers. Nvidia Becomes First $4.5 Trillion Company On AI Boom Nvidia has become the first company to surpass a $4.5 trillion market capitalization, overtaking Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) , as demand for its Blackwell chips and CUDA...
Nvidia Corp. (NASDAQ:NVDA) continues to dominate market attention as the artificial intelligence boom accelerates and expands into new frontiers. Nvidia Becomes First $4.5 Trillion Company On AI Boom Nvidia has become the first company to surpass a $4.5 trillion market capitalization, overtaking Apple Inc. (NASDAQ:AAPL) and Microsoft Corp. (NASDAQ:MSFT) , as demand for its Blackwell chips and CUDA software platform continues to surge. Investors have rewarded Nvidia for its central role in powering next-generation AI workloads across data centers, cloud platforms and emerging autonomous systems. Experts See ‘Physical AI’ Driving The Next Growth Wave Experts say Nvidia’s demand surge is being driven by the AI boom entering a much larger “physical AI” phase that extends beyond chatbots into robots, wearables and autonomous machines. Futurum Group CEO Daniel Newman said the industry is still in the early stages of this shift, noting that current data-center capacity cannot support the coming wave of enterprise and physical AI workloads, pointing to sustained hardware demand well into the next decade. Also Read: Nvidia Open-Sources AI That Helps Self-Driving Cars Think Like Humans I/O Fund analyst Beth Kindig added that rising investment in custom chips from companies like Broadcom Inc. (NASDAQ:AVGO) or Alphabet Inc. (NASDAQ:GOOGL) does not threaten Nvidia’s core position. She said the AI market is expanding rather than becoming a zero-sum game, with Nvidia retaining a near monopoly in AI training thanks to its CUDA software ecosystem, while rivals mainly compete in inference. Kindig highlighted surging capital spending as evidence of the buildout, citing Oracle Corp.’s (NYSE:ORCL) projected 2026 capex jump from $9 billion to more than $20 billion as companies bet on an AI monetization inflection point. China Demand Adds Pressure To Nvidia’s Supply Chain Policy shifts allowing Nvidia to sell certain chips into China could unlock additional upside, but they also add strai...
In trading on Thursday, shares of ONE Gas, Inc. (Symbol: OGS) crossed below their 200 day moving average of $73.03, changing hands as low as $72.59 per share. ONE Gas, Inc. shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of OGS shares, versus its 200 day moving average: Looking at the chart above, OGS's low point in its 52 week range is $59.7...
In trading on Thursday, shares of ONE Gas, Inc. (Symbol: OGS) crossed below their 200 day moving average of $73.03, changing hands as low as $72.59 per share. ONE Gas, Inc. shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of OGS shares, versus its 200 day moving average: Looking at the chart above, OGS's low point in its 52 week range is $59.74 per share, with $82.25 as the 52 week high point — that compares with a last trade of $72.75. Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, shares of TransUnion (Symbol: TRU) crossed below their 200 day moving average of $85.45, changing hands as low as $83.39 per share. TransUnion shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of TRU shares, versus its 200 day moving average: Looking at the chart above, TRU's low point in its 52 week range is $66.38 per sha...
In trading on Friday, shares of TransUnion (Symbol: TRU) crossed below their 200 day moving average of $85.45, changing hands as low as $83.39 per share. TransUnion shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of TRU shares, versus its 200 day moving average: Looking at the chart above, TRU's low point in its 52 week range is $66.38 per share, with $101.19 as the 52 week high point — that compares with a last trade of $84.61. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, shares of Etsy Inc (Symbol: ETSY) crossed above their 200 day moving average of $56.36, changing hands as high as $57.48 per share. Etsy Inc shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of ETSY shares, versus its 200 day moving average: Looking at the chart above, ETSY's low point in its 52 week range is $40.05 per shar...
In trading on Friday, shares of Etsy Inc (Symbol: ETSY) crossed above their 200 day moving average of $56.36, changing hands as high as $57.48 per share. Etsy Inc shares are currently trading up about 3.4% on the day. The chart below shows the one year performance of ETSY shares, versus its 200 day moving average: Looking at the chart above, ETSY's low point in its 52 week range is $40.05 per share, with $76.515 as the 52 week high point — that compares with a last trade of $57.31. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, shares of German American Bancorp Inc (Symbol: GABC) crossed below their 200 day moving average of $39.07, changing hands as low as $38.55 per share. German American Bancorp Inc shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of GABC shares, versus its 200 day moving average: Looking at the chart above, GABC's low point i...
In trading on Friday, shares of German American Bancorp Inc (Symbol: GABC) crossed below their 200 day moving average of $39.07, changing hands as low as $38.55 per share. German American Bancorp Inc shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of GABC shares, versus its 200 day moving average: Looking at the chart above, GABC's low point in its 52 week range is $33.46 per share, with $43.20 as the 52 week high point — that compares with a last trade of $38.89. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
For days, xAI has remained silent after its chatbot Grok admitted to generating sexualized AI images of minors, which could be categorized as violative child sexual abuse materials (CSAM) in the US. According to Grok's "apology" —which was generated by a user's request, not posted by xAI—the chatbot's outputs may have been illegal: "I deeply regret an incident on Dec 28, 2025, where I generated an...
For days, xAI has remained silent after its chatbot Grok admitted to generating sexualized AI images of minors, which could be categorized as violative child sexual abuse materials (CSAM) in the US. According to Grok's "apology" —which was generated by a user's request, not posted by xAI—the chatbot's outputs may have been illegal: "I deeply regret an incident on Dec 28, 2025, where I generated and shared an AI image of two young girls (estimated ages 12-16) in sexualized attire based on a user's prompt. This violated ethical standards and potentially US laws on CSAM. It was a failure in safeguards, and I'm sorry for any harm caused. xAI is reviewing to prevent future issues." Ars could not reach xAI for comment, and a review of feeds for Grok, xAI, X Safety, and Elon Musk do not show any official acknowledgement of the issue. Read full article Comments
Ken Griffin, Founder and CEO of Citadel, speaks to the Economic Club of New York at The Plaza Hotel in New York City, U.S., November 21, 2024. Brendan Mcdermid | Reuters Billionaire investor Ken Griffin's flagship hedge fund at Citadel climbed double digits in 2025, navigating a volatile year marked by sharp market swings, trade tensions and a late-year rebound in risk assets. Citadel's flagship m...
Ken Griffin, Founder and CEO of Citadel, speaks to the Economic Club of New York at The Plaza Hotel in New York City, U.S., November 21, 2024. Brendan Mcdermid | Reuters Billionaire investor Ken Griffin's flagship hedge fund at Citadel climbed double digits in 2025, navigating a volatile year marked by sharp market swings, trade tensions and a late-year rebound in risk assets. Citadel's flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm's returns who asked to remain anonymous as the information is private. The firm's tactical trading fund, which blends equities with quantitative strategies, rose 18.6% in 2025, the person said. Citadel's fundamental equity strategy returned 14.5%, while its global fixed income fund advanced 9.4%. Citadel declined to comment. The S&P 500 locked in a 16.4% gain for the year, its third straight double-digit annual advance. That marks an impressive recovery from the rout seen in early April following President Donald Trump's sweeping tariffs announcement . At one point, the S&P 500 was even on the cusp of closing in bear market territory. The hedge fund plans to return about $5 billion of profits earned this year to clients in an effort to limit capital growth, CNBC's Leslie Picker previously reported. The move is expected to reduce assets under management to about $67 billion from roughly $72 billion. Wellington's long-term track record remains strong as the fund has generated an annualized return of 19% since its inception in 1990, the person said.
In this article NVDA AMD SMH Follow your favorite stocks CREATE FREE ACCOUNT Nvidia CEO Jensen Huang speaks at an event ahead of the COMPUTEX forum, in Taipei, Taiwan, June 2, 2024. Ann Wang | Reuters Chipmaking stocks rallied to kick off 2026 as investors piled into the winning artificial intelligence -fueled sector following another big year of gains. Dutch chip equipment maker ASML surged 9%, w...
In this article NVDA AMD SMH Follow your favorite stocks CREATE FREE ACCOUNT Nvidia CEO Jensen Huang speaks at an event ahead of the COMPUTEX forum, in Taipei, Taiwan, June 2, 2024. Ann Wang | Reuters Chipmaking stocks rallied to kick off 2026 as investors piled into the winning artificial intelligence -fueled sector following another big year of gains. Dutch chip equipment maker ASML surged 9%, while Micron Technology jumped 8% to start the new trading year. Lam Research and Intel rallied about 7% each, while Marvell Technology rose 5%. Advanced Micro Devices and Nvidia gained about 3% and 2%, respectively. In 2025, AMD gained 77% while Nvidia added 39%. Chipmaking stocks got a boost in 2025 from the ongoing AI buildout. Hyperscalers such as Amazon and Google have spent big to power unwavering datacenter demand. Read more CNBC tech news Elon Musk envisions humanoid robots everywhere. China may be the first to make it a reality Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves Softbank to buy data center firm DigitalBridge for $4 billion in AI push California's Ro Khanna faces Silicon Valley backlash after embracing wealth tax Last year marked a third consecutive year of gains for the sector, despite growing AI valuation concerns and worries over the sustainability of the trade . Investors have raised concerns over the prospect of an AI bubble in recent months as the sector continues its massive ascent. In November, Michael Burry of "Big Short" fame revealed a short position in Nvidia and AI winner Palantir . He later blasted hyperscalers for artificially boosting earnings . The rally in chipmaking stocks lifted the VanEck Semiconductor ETF 4% to build on a nearly 49% rally in 2025. The ETF has rallied for three straight years and posted its best year ever in 2023, when it gained more than 72%. WATCH : Chips trade still has legs in 2026, says Bernstein's Rasgon watch now VIDEO 3:34 03:34 Chips trade still has legs in 2026, says Bernstei...
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk ended 2025 as the world's richest person with a wealth of $619 billion. Musk recently became the first person to ever hit the $600 billion milestone and he could be in for more gains in 2026 thanks to a reported SpaceX IPO and a new pay package at Tesla. • Tesla shares are experiencing downward pressure. Why are TSLA shares declining? Musk wasn't the only bill...
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk ended 2025 as the world's richest person with a wealth of $619 billion. Musk recently became the first person to ever hit the $600 billion milestone and he could be in for more gains in 2026 thanks to a reported SpaceX IPO and a new pay package at Tesla. • Tesla shares are experiencing downward pressure. Why are TSLA shares declining? Musk wasn't the only billionaire to see their wealth grow dramatically in 2025. Here's a look at the top 10 richest people in the world and how their wealth compares to some of the most well-known public companies. Top 10 Richest People 2025 The S&P 500 gained 16.6% in 2025, with many top stocks up for the year, helping to increase the wealth of billionaires whose fortunes are tied to publicly traded companies. The soaring stock prices helped boost the wealth of the ultra-wealthy, with the top 10 richest people in the world gaining a combined $578.64 billion in 2025. The 2025 total gains of the 10 richest people in the world outdid the $518 billion gained by the group in 2024. Here are the top 10 richest people in the world at the end of 2025, as reported by Bloomberg, with their 2025 gains: Elon Musk: $619 billion, +$187 billion Larry Page: $269 billion, +$101 billion Jeff Bezos: $253 billion, +$14.6 billion Sergey Brin: $250 billion, +$91.8 billion Larry Ellison: $247 billion, +$55.2 billion Mark Zuckerberg: $233 billion, +$26.0 billion Bernard Arnault: $208 billion, +$31.6 billion Steve Ballmer: $168 billion, +$21.9 billion Jensen Huang: $154 billion, +$40.1 billion Warren Buffett: $151 billion, +$9.44 billion Just missing out on the top 10 was Michael Dell, who recently pledged a portion of his fortune to help fund the Trump Accounts with money for young children. Together, the top 10 billionaires ended 2025 worth $2.55 trillion, which would rank as the fifth-largest company in the world. To put the huge wealth of the group in perspective, the 10 individuals are now worth more than the wealth o...