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INVESTMENTS

Prometheus | June 15, 2022

Prometheus Alternative Investments, Inc., a premier fintech social marketplace and investment opportunities provider, has announced the launch of a new digital fund marketplace and social network focused on alternative investment funds. Based in Los Angeles, California, Prometheus was founded by hedge fund professionals. As a platform, it enables investors of all kinds to connect with well-known investment professionals through a built-in social network. The platform is democratiz...

Wells Fargo | January 14, 2020

The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...

Capital Report | June 01, 2020

While it is a cliche to observe that data is the gold of the 21st century, few have considered the role of processing in this metaphor: raw data must be processed to become precious. At the scale of most businesses, the volume of data is too great for human...

Tesla | February 13, 2020

Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million shares, of which Chief Executive Officer Elon Musk will buy up to $10 million in shares, while board member and Oracle co-founder Larry Ellison will purchase up to $1 million worth of Tesla shares. Tesla&rsq...