Long and Short

President Trump announced a Crypto Strategic Reserve, naming Bitcoin, Ethereum, XRP, Solana, and Cardano. This caused their prices to surge. Cardano jumped 70%, XRP and Solana rose to 62%, and Bitcoin and Ethereum gained over 10%. More details will be revealed on Friday at Trump’s first Crypto Summit at the White House. Read the most important news of the day: longandshort.com #Crypto #Bitcoin #Ethereum #Solana #XRP

Decoding key investing terms and their core principles is like learning the rules of a high-stakes game—except your chips are real money. Strategic knowledge can better judgment when navigating the investment world. Stick around for more. Note: This is not financial advice Learn and know more about finance: longandshort.com #Investing #Finance #Money #Stocks #Wealth

Katy Perry will join an all-women Blue Origin spaceflight, led by Jeff Bezos’s fiancée Lauren Sanchez, set to launch this spring. The crew includes Gayle King (journalist), Aisha Bowe (rocket scientist), Amanda Nguyen (activist), and Kerianne Flynn (film producer) on the 11-minute autonomous NS-31 mission. Read the most important news of the day: longandshort.com #Space #BlueOrigin #KatyPerry #WomenInSTEM #JeffBezos

Meta plans to raise $35B, led by Apollo Global, to build AI data centers across the US. This is part of its broader $65B AI investment for 2024, as announced by CEO Mark Zuckerberg. Meta also plans a $10B AI data center in Louisiana, powered by renewable energy. Read the most important news of the day: longandshort.com #Meta #AI #Tech #Investment #DataCenters

Izzy Englander, CEO of Millennium Management, is 2024’s highest-earning hedge fund manager, making $4B. His earnings came from $2.4B in investment gains and $1.4B in performance fees. Managing $75.8B in assets, he edged out Citadel’s Ken Griffin, who earned $3.2B. Read the most important news of the day: longandshort.com #HedgeFund #Finance #Investing #Billionaire #Markets

Seven & i shares plunged up to 12.5% after a $60B management buyout led by its founding family collapsed. The Ito family and Itochu Corp. failed to secure financing, forcing the retailer to abandon the deal. The buyout was initially planned to block a $47B takeover bid from Alimentation Couche-Tard. Read the most important news of the day: longandshort.com #Stocks #Finance #Retail #Business #Investing

El Salvador plans to build “Bitcoin City,” funded by Bitcoin-backed bonds and volcanic geothermal energy. The $17.7B project aims to attract investors and expand crypto use. In September, El Salvador became the first country to adopt Bitcoin as legal tender. Read the most important news of the day: longandshort.com #Bitcoin #Crypto #ElSalvador #BitcoinCity #Blockchain

American farmers will plant more corn and fewer soybeans this spring to boost profits. Corn remains the best option, with prices just above production costs. As the top corn exporter, the US could help replenish decade-low global stockpiles. Read the most important news of the day: longandshort.com #Corn #Farming #Agriculture #USA #Crops

Lucid CEO Peter Rawlinson has stepped down, with COO Marc Winterhoff taking over as interim CEO. Rawlinson said it was the right time to leave after launching the Gravity SUV. His departure was unexpected, given his strong stake and role in taking Lucid public. Read the most important news of the day: longandshort.com #Lucid #EV #autos #CEO #business

Tesla's sales in Europe plunged 45% in January despite the region’s EV market growing by 37%. Sales fell sharply in Germany and France, down 63% in France. In the UK, Tesla was overtaken by Chinese automaker BYD. Growing competition from European automakers and stricter emissions regulations add pressure on Tesla. Read the most important news of the day: longandshort.com #Tesla #EV #BYD #autos #Europe