Author: Henry Kanapi

Billionaire investor Mark Cuban says he’s following in the footsteps of Warren Buffett in the midst of a war of geopolitical tensions. In a new interview with Big Short investor Steve Eisman, Cuban says he’s selling assets and prefers to stay on the sidelines for now, despite believing the stock market will continue to move higher. According to Cuban, there’s no telling what could go wrong as the war in the Middle East enters its third week. “I’m really concerned. I’m more in cash. I’m more in the Warren Buffett category, where when the shit hits the fan, and the…

Billionaire investor Ray Dalio says the US could lose its financial might on the global stage if President Trump fails to control one critical shipping route in the Middle East. In a new post on X, Dalio says the United States could follow in the footsteps of Great Britain after failing to control the Suez Canal in 1956. According to Dalio, the trade route in question today is the Strait of Hormuz, and he says the world is watching whether the US wins the “final battle.” “I can tell you here that there are innumerable cases in which a perceived…

A billionaire investor and venture capitalist believes that seven assets are primed to outperform in an AI disruption scenario. In a new post on X, Chamath Palihapitiya says AI is forcing a rethink of how American businesses operate. According to the billionaire, AI could completely disrupt moats that allowed brands and businesses to compound growth over time. “Here is a scenario worth taking seriously: AI lowers the cost of disruption so dramatically, and raises the pace of innovation so relentlessly, that no company can credibly project its free cash flow beyond five years. Because in the time you use AI…

Layoffs in the tech industry are on the rise, and the United States is leading the charge, according to a UK-based foreign exchange provider. RationalFX says its team looked at the wave of layoffs in the tech sector for the first three months of this year by analyzing data from TrueUp, TechCrunch and multiple state WARN databases. The firm finds that 45,363 tech employees around the world have already been laid off, with the United States accounting for 30,846, or about 70% of the global total. According to RationalFX, Amazon leads tech layoffs by a wide margin. “After cutting nearly…

The chief executive of cybersecurity firm Rubrik warns that Iranian hackers are hitting American businesses instead of the defense industry in response to escalating tensions. In a new Fox Business interview, Bipul Sinha says the cybersecurity attack on the medical equipment firm Stryker claimed by the Iranian-linked hacking group Handala is a prime example of how nation-state actors are targeting businesses rather than government agencies. “Anytime you have a geopolitical kinetic action, there is always a retaliatory cyber attack by associated nation-state actors, and we are starting to see that build up. Both our customers and prospects in the region,…

Rich Dad Poor Dad author Robert Kiyosaki is warning that a market collapse is in sight as the conflict in the Middle East enters its third week. In a new post on X, the best-selling personal finance author says he’s looking at the strategy of legendary investor Warren Buffett, who has amassed $373 billion in cash for Berkshire Hathaway before stepping down as its CEO. “CASH is not TRASH in a CRASH. Q: Why has Warren Buffett sold stocks and bonds and is sitting with billions in cash? A: Because he is ‘keeping his powder dry’ a.k.a. He is in…

The Organisation for Economic Co-operation and Development (OECD) says borrowing costs are soaring as hyperscalers compete with governments to get funds from the debt markets. In its Global Debt Report 2026, OECD says governments and companies across the globe are projected to borrow a record $29 trillion from bond markets this year, about 17% higher than the figure recorded in 2024. Looking specifically at hyperscalers, the OECD says the nine major AI players are projected to borrow $1.2 trillion from bond markets to finance their AI ambitions from 2026 to 2030. According to the international organization, hyperscalers’ appetite for debt…

Banking giant Morgan Stanley warns that soaring oil prices have historically put one stock group under immense pressure. In a new episode of the bank’s Thoughts on the Market podcast, Morgan Stanley head of Asia technology research Shawn Kim says semiconductors have been hit hard during periods of rising oil prices. According to Kim, higher oil prices typically impact consumer spending while increasing the costs of goods and services across the economy. “History also offers some lessons learned about how technology markets react when energy prices spike. During periods of major oil price surges, such as in 2008 and again…

Accounting firm KPMG says the majority of businesses with at least $50 million in revenue are losing income to scammers using AI. In a study conducted between February 4th and 13th, KPMG polled business owners or executive-level C-suite decision-makers at 251 Canadian companies with annual gross revenues from $50 million to over $1 billion to gain insights on fraud and AI use. The accounting firm finds that in the last 12 months alone, 72% of businesses had lost 5% of their profits to AI-powered attacks, with 94% saying they are bracing for the risk of attacks in the coming year.…

Social media titan Meta is rolling out new tech and tools to combat scammers using its platforms to drain money from victims. In a new update, Meta says it removed 159 million scam ads on its platforms that violated the firm’s policies and took down 10.9 million accounts on Facebook and Instagram that had ties with criminal scam centers. According to Meta, scammers are now evolving their tactics, and the company is responding by using AI to fight off celeb-bait and brand impersonation. “Our experts and specialists in combating scams built advanced AI systems that can analyze multiple signals —…