Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Household Net Worth Hits Record $137 Trillion, Up $25.6 Trillion Since COVID

Another quarter, another record high in (mostly 0.01%er) household net worth. The Fed’s latest Flow of Funds report released at noon today showed…

Two Pins Threatening Multiple Asset Bubbles

Inequality and Financial Stability: Two Pins Threatening Multiple Asset Bubbles “Powell Says Fed Policies “Absolutely” Don’t Add To Inequality” -Bloomberg May…

El Salvador Blazes The Path To Bitcoinization

El Salvador Blazes the Path to Bitcoinization. On Saturday, El Salvador’s president [Nayib Bukele] shook the Bitcoin world by announcing a plan to…

The Curse Of The IPO

One of the best contrarian indicators are major IPOs (or ETF listings) in a particular sector. Looking back, the recent Coinbase…

Entrepreneurs Are Motivated By Profit, Not Risk

According to modern portfolio theory (MPT), financial asset prices fully reflect all available and relevant information, and any adjustment to new…

Wall Street Struggles To Gain Support For Bitcoin In Congress And By The SEC

There is bipartisan resistance in Congress to Bitcoin ETFs in addition to major skepticism by the SEC. This article was originally…

Copper Is The New Oil

It turns out copper, not data, is the new oil. This prompted us to dust off an old Insider Weekly issue from March…

Investigating The Charge “Bitcoin Price Is Dependent On $60 Billion Accounting Fraud”

Investigating The Charge “Bitcoin Price Is Dependent On $60 Billion Accounting Fraud”. This article was originally published by Mish Talk. Is…

The Most Profitable Company In The World

You can thank the most profitable company in the world for the recovery in corporate profits. More importantly, with asset prices near…

Four Myths About Money That Ought To Die Forever

With the possible exception of international trade, no topic in economics contains more myths than monetary theory. In the present article…

It Took Nearly 10 Years, But The Battle For $15 Has Mostly Been Won

A new battle cry is coming. Guess the date and amount. “Rapid” Success Flashback On July 24, 2015, the Guardian commented…

NFT Robot Art Is Now A Thing

With NFTs of everything from tweets, artwork and even a clip of LeBron James attracting top dollars lately, it shouldn’t be…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.