In a stunning development that further expands his sphere of influence, Elon Musk is leading a $97.4 billion bid to acquire the nonprofit organization controlling OpenAI, escalating his ongoing conflict with Sam Altman over the future of the influential AI company behind ChatGPT. It was reported that Musk’s attorney Marc Toberoff submitted the bid for all of the nonprofit’s assets to OpenAI’s board of directors on Monday. This bold move comes as Musk has taken on yet another transformative role: head of the Department of Government Efficiency. Created by President Donald Trump in January 2025, DOGE represents a bold experiment…

With SEC fines and Congressional reprimands over meme stocks and gamified trading in its rearview mirror, Robinhood has emerged as the biggest traditional broker trading crypto, especially meme coins. By Javier Paz, Forbes Staff The world’s 8th most valuable crypto, $39 billion (market cap) dogecoin has been on a tear. In the last 12 months the token, which represents nothing more than faith in the digital image of an adorable shiba inu dog, has gained 220%. That’s wonderful news for Menlo Park, CA’s Robinhood, because recent SEC filings revealed that the crypto-friendly discount broker’s customers owned about 35 billion dogecoin…

Porsche was once almost Ferrari-like in its ability to weather financial storms with impunity but the storied luxury sportscar and SUV maker’s profitability is under threat after over-estimating electric vehicle sales. And problems are multiplying. Analysts want Porsche to concentrate on its still highly successful and profitable 911s sports cars and cut back on the luxury sedans and SUVs. Porsche’s huge profits from China are melting away as local brands raise their game. Porsche could also find itself under tit-for-tat tariff pressure as China and the EU squabble over EV exports. As EV sales fall behind expectations, the U.S. would…

The company’s valuation appears attractive with a 26% margin of safety, but moderate growth prospects offset this By Oliver Rodzianko Summary LMT’s Q4 results disappointed, with 2025 guidance below expectations; valuation offers a 26% margin of safety, but 5-year CAGR of 12.6% limits upside. AI-driven defense disruption, U.S. fiscal policy shifts, and geopolitical uncertainty could pressure margins and limit long-term re-rating. Despite a strong backlog and shareholder returns, LMT’s future growth relies on sustained geopolitical tensions and defense spending priorities. Lockheed Martin (LMT, Financial) recently released its fourth-quarter (‘Q4′) results, with management offering fiscal 2025 guidance below analysts’ expectations. The…

Key News Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed. Alibaba gained +8% in Hong Kong overnight on news that Apple will tap the company for the rollout of AI tools in new iPhones sold in China. Alibaba Cloud won out against Baidu and Tencent. Apple’s selection is a testament to the conglomerate’s leading role in the AI space, supported by new models, including those using DeepSeek’s underlying technology. Real estate was the top-performing sector in both Hong Kong and Mainland China. State-owned (SOE) developer Vanke is said to have secured…

January Consumer Price Index inflation rose 0.5% month-on-month, likely delaying any Federal Reserve plans for interest rate cuts. Core inflation has now risen sequentially each month since September 2024. January’s acceleration in rising prices was a result of a combination of factors including housing costs, food, and services. The Federal Open Market Committee was already suggesting that interest rates were unlikely to be cut in the near future. The FOMC never wants to read too much into a single month of data. Nonetheless, January’s inflation data doesn’t support near-term interest rate cuts, especially as the jobs market remains strong with…

Ford Motor has been named as a Top 10 dividend stock, according the most recent Dividend Channel ‘’DividendRank” report. The report noted that among the coverage universe, F shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent F share price of $9.24 represents a price-to-book ratio of 0.8 and an annual dividend yield of 6.49% — by comparison, the average company in Dividend Channel’s coverage universe yields 4.3% and trades at a price-to-book ratio of 2.7. The report also cited the strong quarterly dividend history at Ford Motor , and favorable long-term multi-year growth rates…

Contrarians that we are, we know when we hear things that sound like “common wisdom,” we need to look just a little bit deeper. Today, that’s what we’re going to do, with a common refrain we’re hearing a lot—that tariffs will lead to a spike in interest rates. Then we’ll look at a bond play that’s set to benefit from this misunderstood mantra. This smartly run fund pays a dividend that yields 10.4% and comes our way monthly, too. Tariffs Here, Tariffs There … To be sure, tariffs have arrived. President Trump has imposed a 10% levy on all products…

Name: Kimberlee Orth Firm: Ameriprise Financial Services Location: Wilmington, DE Team Custodied Assets: $940 million Background: Kimberlee Orth grew up in New Jersey and studied business at the University of Delaware. She first started her career working in the budgeting department at a hospital in Philadelphia before deciding to take the CFP program and become an advisor. She joined Ameriprise 38 years ago and has been at the firm since. Orth began as a sole practitioner, but today she works with her husband and three of her four children and has a team of 21 staffers in total and 1,200…

Earnings season is well underway, and investors are getting a glimpse at how companies have performed in the last quarter of 2024 and, more importantly, how firms are reacting to the potential policy changes in and the shifting macro landscape. The continuous stream of news relating to tariffs, AI adoption, immigration, and government spending could impact inflation, economic growth, and the strength of the U.S. dollar. While the impact of these factors is still unknown, analyzing the most recent S&P 500 earnings and management comments can provide insight into how corporate America is preparing for the uncertainty. As of February…