Twenty social media influencers in the UK were interviewed by the Financial Conduct Authority under criminal powers for promoting unlawful financial activities. The FCA also issued alerts against 38 social media accounts for potential illegal promotions. The crackdown comes as the regulator warns of increasing scams targeting young people influenced by ‘finfluencers’ and the risks associated with following financial advice on social media.
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Nvidia's Stock and Business: How Did I Do With My 5-Year Predictions Made in 2020?
In March 2020, predictions were made regarding Nvidia's business and stock performance over five years, concluding with a self-assessed grade of B or B+. From March 1, 2020, to March 1, 2025, Nvidia stock achieved a remarkable total return of 1,760%, significantly outperforming the S&P 500's 118% return, transforming a $1,000 investment into $18,600. As of June 4, while Nvidia's five-year return has adjusted slightly, the overall success of the predictions remains evident. Full Article
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