Nubank Is Now Worth $30 Billion After $750 Million Investment Led By Berkshire

On Tuesday, Berkshire Hathaway disclosed a $500 million investment in Brazil-based digital bank Nubank, which is among the most valuable private startups in the world. The investment came as part of a broader funding round that raised a total of $750 million and increased Nubank’s post-money valuation from $25 billion to $30 billion, according to a source familiar with the matter. This new valuation places the digital bank slightly behind Banco Bradesco, one of Brazil’s top banks, with a market value of $40.9 billion.

‘Pay In Doge?’—Elon Musk’s Surprise Twitter Plan Could Sideline Bitcoin And Ethereum In Favor Of Dogecoin After Boosting Its Price

Elon Musk, the dogecoin-backing Telsa billionaire who sent shockwaves through the bitcoin, crypto and tech world when he revealed he'd bought around 9% of Twitter this month, has posted a flurry of improvement suggestions in recent days.

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Amid a Twitter thread that called for everyone who signed up for Twitter's $3 per month paid service, Twitter Blue, to "get an authentication checkmark," Musk added, "maybe even an option to pay in doge?"—renewing his support for the meme-based bitcoin rival after its price has crashed dramatically from its 2021 highs.

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Top Stocks To Buy This Week

New Fortress Energy, Inc. (NFE)
New Fortress Energy, Inc. (NFE) closed down 0.5% Friday to $41.65 per share, boasting over 1.28 million trades. The stock still sits up a whopping 72.5% for the year. Our AI rates New Fortress Energy A in Growth, C in Low Volatility Momentum, and D in Technicals.

Tellurian TELL +1.8%, Inc. (TELL)
Tellurian, Inc. (TELL) closed up almost 2% Friday to $5.75, adding to the stock’s nearly 87% gains YTD. The company’s shares traded almost 16.55 million times throughout the trading session. Our AI rates the company B in Technicals, D in Growth, and F in Low Volatility Momentum and Quality Value.

Alibaba Group Holding Limited (BABA)
Alibaba Group Holding Limited (BABA) slipped 0.7% during Friday’s session, closing the day at $103.53 per share. The stock traded 20.8 million times during the day before ending down 12.85% for the year. Our AI rates Alibaba A in Quality Value, C in Growth, and D in Technicals and Low Volatility Momentum.

Snap SNAP -2.4%, Inc. (SNAP)
Snap, Inc. (SNAP) slipped 1.6% Friday, closing down 24% for the year at $35.67 per share. The stock saw over 21.7 million shares change hands on the day, with its final price falling nearly in line with its 22-day price average. Our AI rates Snap, Inc. D in Technicals, Growth, Low Volatility Momentum and Quality Value.

Seagen, Inc. (SGEN)
Seagen, Inc. (SGEN) dropped 2.7% Friday to $151.84 per share, slipping down 1.8% for the year. The company saw nearly 3 million trades on the day as shares remained nearly $9 over its 22-day price average. Our AI rates Seagen, Inc. C in Low Volatility Momentum, D in Growth, and F in Technicals and Quality Value.