The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Tesla Stock Tumbles 6.6% Amid Broad Tech Sell-Off, Down 10% Since Musk Awarded $1 Trillion Pay Package

Tesla shares tumbled on Thursday as the broader tech sector sold off, with shares now down 10% since Elon Musk received his $1 trillion pay package.

Robinhood CEO Vlad Tenev Says Prediction Market Is Company's Fastest-Growing Business Ever

Robinhood (HOOD) CEO Vlad Tenev said on Thursday that the company's entry into prediction markets has been its biggest product launch this year.

Palantir CEO Alex Karp Warns Some AI Investments 'May Not Create Enough Value' To Justify Cost

Palantir (PLTR) CEO Alex Karp warned that in large swaths of the artificial intelligence market, the cost to build the technology may not be worth it.

Delta CEO Calls Government Shutdown 'Inexcusable', Assures Flights Will resume 'Very, Very Soon'

The ongoing government shutdown has ensnarled US airports just weeks away from the holiday travel season. The shutdown officially ended Wednesday.

Michael Burry’s Scion Fund Is Deregistered, SEC Filing Shows

Michael Burry’s Scion Asset Management has terminated its registration status with the SEC.