Stupid Fat Loss Trends

Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg. He’s looking to place a portion of his personal holdings into an exchange-traded fund, using a method that has become increasingly attractive for wealthy investors seeking to postpone capital gains taxes. As co-chair of the Charlotte Hornets, Plotkin is expected to contribute most of the starting assets for a proposed vehicle called the Snowball ETF, according to people familiar with...

Google Deepens Anthropic Bet With Up To $40 Billion Investment The AI funding frenzy continues, with Google planning to invest $10 billion in Anthropic at a $350 billion valuation, deepening its relationship with the San Francisco-based AI company best known for building Claude. Bloomberg reports that Google's deal with Anthropic includes an initial $10 billion investment at a $350 billion valuation, with the potential for another $30 billion if certain performance milestones are achieved. That would bring the potential deal size to as much as $40 billion. Part of the deal includes...

US Allies Loudly Reject Trump's Scheme To Blockade Hormuz: 'Not Getting Dragged In' The United Kingdom and several other countries rejected Washington's plan to impose a blockade on Iranian ports and target ships transiting the Strait of Hormuz, which has gone into effect Monday. Prime Minister Keir Starmer made clear his stance that "we are not supporting the blockade" in a fresh interview with BBC Radio. He emphasized that the UK is not "getting dragged in" to the US-Israeli war against Iran, but still stated that it's "vital that we get...