Unusual Whales

bank of japan

Bank of Japan plans to launch a "digital yen" pilot program in April for its CBDC

Per CNBC Japan is opening itself to launching a "digital yen" pilot program in April. The decision comes after the Bank of Japan has been testing out experiments for two years on whether or not a central bank digital currency (CBDC) should be launched. Japan is one of

Binance had secret access to a Silvergate, $SI, bank account belonging to its purportedly independent U.S. partner and transferred $400 million from the account to a trading firm managed by Binance CEO Changpeng Zhao

Binance had secret access to a Silvergate, $SI, bank account belonging to its purportedly independent U.S. partner and transferred $400 million from the account to a trading firm managed by Binance CEO Changpeng Zhao, per Reuters. Over the first three months of 2021, more than $400 million flowed from

Biden remains fit for duty, physician says following his physical

Biden remains fit for duty, physician says following his physical, per ABC News. “President Biden remains a healthy, vigorous 80-year-old male, who is fit to successfully execute the duties of the Presidency,” White House physician Kevin O’Connor said in a five-page memo. Biden’s previous physical was in November

Jeffrey Epstein documents with names of associates to be made public

Jeffrey Epstein documents with names of associates to be made public, per FOX. The Daily Mail reported that the material is expected to be made public in the coming months, nearly four years after Epstein's reported death. Recently, some have been named. Ex-JPMorgan, $JPM, executive Jes Staley'

Apple, $AAPL, has begun to fire contractors

Apple, $AAPL,  has begun to fire contractors, per the NYP. The New York Post further reported that the firings have come in the past few days and have impacted "hundreds" of contractors, some of whom work with Apple (AAPL) employees on projects. Apple reportedly fired the contracts outright

The SEC has charged Terraform, $LUNA / $UST, and CEO Do Kwon with defrauding investors

The SEC charged Terraform and its CEO Do Kwon with defrauding investors. Kwon and Terraform perpetrated a “multi-billion” dollar fraud against investors as part of marketing the TerraUSD and luna coins, which collapsed in May 2022, per the SEC. The SEC alleges that Kwon marketed those assets, including those mAsset

Norfolk Southern Company representatives did not show up to public meeting

Representatives of the Norfolk Southern railway company, whose train carrying the chemicals derailed 13 days ago causing a huge fire, cited security concerns when they pulled out. Residents of East Palestine, Ohio, returned to their homes after a train derailment on Feb 3rd. 50 train cars derailed, 10 of which

canada

Canada will stop funding projects connected to foreign military, including those with affiliations to China

Per Bloomberg Canada has decided to make a firm decision about funding projects that have affiliations with a foreign military. The government gave a decision regarding how it is making these decisions to protect itself. “This new action is one of many significant steps the government of Canada is taking

OpenAI's ChatGPT has reportedly predicted that the stock market will crash on March 15, 2023

OpenAI's ChatGPT has reportedly predicted that the stock market will crash on March 15, 2023, per BI. It has had other predictions that have been wrong, however. It often inputs whatever one wants to see. See BI who wrote the story: https://markets.businessinsider.com/news/stocks/chatgpt-predicts-stock-market-crash-next-month-rogue-chatbot-dan-2023-2

Reddit

Reddit could be looking at an IPO for the second half of 2023 after the 2021 confidential filing

Per Reuters Reddit submitted a confidential filing in 2021 with the US securities regulator, initially aiming for an over $15 billion valuation. Now the company could be coming closer as people familiar with the subject, per The Information, say the company is likely looking to go public in the second

real estate

Median home prices spiked 10.2% in 2022, but KPMG economists say there could be a 20% drop in home prices in 2023

Per Business Insider Home prices significantly increased in 2022, and KPMG economists say that home prices could drop by 20% this year. The National Association of Realtors revealed that median home sale prices in 2022 rose by 10.2%, per CNN. In December 2022, sales dropped by 34% year-over-year, with

Elon Musk

Elon Musk plans to build 110 homes for Tesla employees, with hundreds to follow

Per Business Insider Elon Musk is planning to build 110 homes for Tesla employees initially, per a document, with hundreds more to follow. The houses are being built by a construction company in Austin, Texas, along with the help of The Boring Company. The Austin Business Journal first reported that

shark tank

Shark Tank investor Kevin O'Leary shares how he starts to use ChatGPT more as his Google use decreases

Per Business Insider Shark Tank investor Kevin O'Leary has gotten himself in trouble for being a paid spokesperson of FTX, but now, the investor shares how he has started to use ChatGPT more. The investor shared how his use of Google has started to decrease. O'Leary

Charlie Munger of Berkshire Hathaway was asked about long-term valuations: "I don't worry about it too much, because I will be dead."

Charlie Munger of Berkshire Hathaway was asked about long-term valuations: "I don't worry about it too much, because I will be dead." “I might have different ideas [than Buffett],” Munger said. “Artificial intelligence is very important but there is a lot of crazy hype on the

Moderna, MRNA, says its COVID vaccine will remain free for all consumers, even those uninsured.

Moderna, $MRNA, says its COVID vaccine will remain free for all consumers, even those uninsured. Previously, Moderna considered price of $110-$130 for covid-19 vaccine, per WSJ. Initially, the original vaccines cost $15 to $16 per dose in earlier supply contracts. Moderna had previously estimated the commercial price expectations in

Tesla, TSLA, is sold out of Model Y in the US for the quarter

Tesla, $TSLA, is sold out of Model Y in the US for the quarter, per Electrek. Additionally, per Electrek, Tesla has completely run out of production build slots for the quarter for Model Y, which is now Tesla’s highest-volume model. The new base Model 3 vehicles can still be

Ex-JPMorgan, JPM, executive Jes Staley's newly revealed emails with Jeffrey Epstein show them referring to young women as Disney princesses, including Snow White, a lawsuit alleges

Ex-JPMorgan, $JPM, executive Jes Staley's newly revealed emails with Jeffrey Epstein show them referring to young women as Disney princesses, including Snow White, a lawsuit alleges per Bloomberg. Previously, A woman sued JPM for facilitating her sexual abuse by Jeffrey Epstein and claimed Jes Staley “personally observed” that

U.S. will default on its debt between July and September if Congress doesn’t raise debt ceiling

U.S. will default on its debt between July and September if Congress doesn’t raise debt ceiling, the Congressional Budget Office has said. If Congress does not pass a debt ceiling increase before these measures are exhausted, the government will have to delay certain payments, default on its debt,

Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic

Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic. "Yes, there is an economic downturn, but I do think there's a lot to be said about companies making strategic decisions to put power back in their hands and

The SEC has adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days to one

The SEC has adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days to one. “I support this rulemaking because it will reduce latency, lower risk, and promote efficiency as well as greater liquidity in the markets,” said SEC Chair Gary

Steve Cohen's Point72 has bought 606,000 shares of GameStop, $GME, a stake worth $11 million as of December 31

Steve Cohen's Point72 has bought 606,000 shares of GameStop, $GME, a stake worth $11 million as of December 31. In Jan 2021, Steven Cohen's Point72 suffered at least 15% due to shorting $GME, per Reuters. The losses at Point72 were mainly due to the company’

The US FTX judge has ordered the names of the two backers of Sam Bankman-Fried’s $250 million bail to be made public

The US FTX judge has ordered the names of the two backers of Sam Bankman-Fried’s $250 million bail to be made public. One is Andreas Paepcke. Paepcke is a Senior Research Scientist at Stanford. The other is Larry Kramer. Kramer is the former dean of Stanford Law School. The

Elon Musk

Elon Musk said he plans to hire a new CEO by the end of 2023 as long as a condition is met

Per CNBC Elon Musk once held a poll asking his audience on Twitter whether he should step down as CEO, and once again, the billionaire has said that he plans to step down, but this time he said that he would before the year ends. However, the CEO gave a

white house

White House asks for Elon Musk's help for EV charging station expansion despite Biden previously not mentioning Tesla

Per Washington Post Elon Musk had a private meeting with senior White House officials regarding the expansion of EV charging stations. This meeting came after Musk said that Tesla was ignored and more attention was given to other "legacy auto makers." In a previous report by CNBC on

ARK Invest

Ark Invest's Cathie Wood says the best way to 'cash in' on AI is through Tesla

Cathie Wood announced that the best way to "cash in" on AI is through Tesla. While Elon Musk's EV company has been dropping, Woods has decided to purchase more stock, capitalizing on the lower price. The Ark Invest CEO expects that Tesla's share price