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Shein CEO’s wealth slumps $15 billion after whittled-down IPO
NewsSeptember 7, 20264 min read

Shein CEO’s wealth slumps $15 billion after whittled-down IPO

Chinese fast-fashion business Shein Global Holdings Ltd. was once worth more than the parent companies of H&M and Zara, giving its reclusive boss Sky Xu a net worth of more…

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Why the head of Taiwan’s stock exchange wants you to look past TSMC—and embrace the ‘technology island’
NewsSeptember 7, 20267 min read

Why the head of Taiwan’s stock exchange wants you to look past TSMC—and embrace the ‘technology island’

The world’s largest chipmaker, Taiwan Semiconductor Manufacturing Company, released quarterly results that almost any company would envy: a 40% jump in revenue to $40.2 billion, and a 77% jump in…

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Airwallex president Lucy Liu on the company’s plans to be ‘IPO-ready’
NewsSeptember 7, 20265 min read

Airwallex president Lucy Liu on the company’s plans to be ‘IPO-ready’

Nicholas Gordon here. When is Airwallex, the Australian-born payments company, planning to go public? The company, which serves over 675,000 businesses and claims to have over $1 billion in annualized…

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Current price of Ethereum for August 31, 2026
NewsSeptember 7, 20269 min read

Current price of Ethereum for August 31, 2026

At 8:30 a.m. Eastern Time on August 31, 2026, the price of Ethereum (1 ETH) is $2,453.23. That marks a $15.95 decrease from yesterday morning—and approximately a $1,940 fall compared…

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Current price of Bitcoin for August 31, 2026
NewsSeptember 7, 20268 min read

Current price of Bitcoin for August 31, 2026

At 8:30 a.m. Eastern Time on August 31, 2026, the price of Bitcoin (1 BTC) is $78,414.14. That marks a $363.45 decrease from yesterday morning—and approximately a $29,846 fall compared…

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Current price of oil as of August 31, 2026
NewsSeptember 7, 20266 min read

Current price of oil as of August 31, 2026

As of 8:30 a.m. Eastern Time on August 31, 2026, oil sold for $93.03 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $1.06 higher than…

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Cash-strapped colleges are draining their endowments to survive
NewsSeptember 7, 20268 min read

Cash-strapped colleges are draining their endowments to survive

A college endowment is supposed to last forever, supporting students, professors and research in perpetuity. Recommended Video Instead, many cash-strapped schools are draining their nest eggs just to stay alive.…

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Gas topped $4 daily in August for the first time. New U.S. strikes on Iran are sending oil prices even higher again
NewsSeptember 7, 20263 min read

Gas topped $4 daily in August for the first time. New U.S. strikes on Iran are sending oil prices even higher again

The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. Recommended Video The S&P 500…

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Bitcoin is back—and so is Michael Saylor’s Strategy, which made its first buy in two months
NewsSeptember 7, 20263 min read

Bitcoin is back—and so is Michael Saylor’s Strategy, which made its first buy in two months

After a two-month dry spell, Strategy has resumed its Bitcoin buying spree. On Monday, the world’s largest digital asset treasury announced that it had purchased $370 million worth of Bitcoin…

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David Booth: AI may change the world. It just won’t change how you invest 
NewsSeptember 7, 20265 min read

David Booth: AI may change the world. It just won’t change how you invest 

At one point, you could make a living by sawing off a block of frozen river, transporting it to the city, storing it in straw and selling it to people…

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Featured

1 Jason Weaver’s mom once backed Aretha Franklin. She bet on royalties over Disney’s cash—and it’s paid more than the $2 million he gave up.

Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years later

October 12, 2026
2 David Sacks speaks at a press conference from the White House.

Trump endorses stablecoins after creating U.S. Bitcoin reserve

October 12, 2026
3 President Donald Trump raises his right hand into a fist.

Trump holds long-awaited crypto summit, calls for bill ‘on his desk’ before August

October 12, 2026
4

Technofascism is here. We have one way out

October 12, 2026

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