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Tag: Takes

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Finance
State sues Colorado 'house flipper' for lying to investors, losing their money

State Takes Legal Action Against Colorado Property Investor for Fraud and Losses

A Colorado guy found himself in hot water for allegedly pitching $4.8 million worth of bunk investments to about 80 folks to fund his house-flipping hustle. Here’s the scoop. Mack Jamie Sprouse, a 57-year-old from the Rocky Mountain state, turned himself in after a probe by the Colorado Division of Securities. They laid out their […]

June 9, 2025
Finance
Nasdaq clobbered, S&P 500 tumbles as AI fears rock Nvidia, tech stocks

Nasdaq Takes a Hit, S&P 500 Falls Amid AI Concerns Impacting Nvidia and Tech Stocks

Monday was a rough day on Wall Street as the Nasdaq plummeted, leading a seismic stock sell-off. Investors are antsy, spooked by a hotshot Chinese upstart making waves in the highly competitive AI market. Yeah, I’m talking about DeepSeek, which has everyone rethinking their faith in US dominance and big profits from AI. Even Nvidia […]

January 27, 2025
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