Century-old shipwreck found in Antarctic

The wreck of Anglo-Irish explorer Ernest Shackleton’s Endurance ship has been found, 106 years after it sank east of Antarctica trying to reach the pole. A team of marine archaeologists, technicians, and “adventurers” dubbed Endurance22 reported it found on Wednesday, having spent over two weeks searching the ice-choked area using undersea drones.

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Netflix’s unbelievable cash burn just got 60% worse

If you’re a big fan of shows like Narcos, Stranger Things, House of Cards, or Orange is the New Black, you might want to think about sending a fruit basket to anyone you know who is a Netflix shareholder. Netflix reported its quarterly earnings again yesterday afternoon. And, as expected, the company is losing a […]

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Billionaire Steven Cohen Flips the Script: Picking Up Facebook (FB) Stock, Tuning Out Roku (ROKU)

Back in November, billionaire Steve Cohen predicted a bear market was approaching. The time frame he gave during an interview with the Financial Times (FT) was for it to come in 18 months. Did his prediction come early? Cohen’s remarks were spoken to the FT as his new hedge fund Point72 raised $5 billion since […]

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