tl;dr
Changpeng Zhao, the founder and former CEO of Binance, has revealed his plans for the future following his release from a four-month prison sentence. He intends to focus on his education startup, Giggle Academy, which aims to provide free basic education worldwide in an entertaining manner. Addition...
Changpeng Zhao, the founder and former CEO of Binance, has revealed his plans for the future following his release from a four-month prison sentence. He intends to focus on his education startup, Giggle Academy, which aims to provide free basic education worldwide in an entertaining manner. Additionally, he plans to invest in blockchain, AI, and biotechnology while dedicating more time and funding to charity and education. Zhao also mentioned writing a book about his life, which is nearly two-thirds complete.
He was released on September 27th after serving time in a minimum security prison and a halfway house for violating US anti-money laundering laws, for which he was fined $50 million.
The founder and former CEO of Binance, Changpeng Zhao, is revealing his plans for the future following his release from prison after serving a four-month sentence. Zhao says that for the next few years, the Giggle Academy – his education startup focused on reducing the global illiteracy rate – will be a “big part” of his life. Launched as a non-profit earlier this year, Giggle Academy’s mission is to provide free basic (grade 1 to 12 level) education in a manner “entertaining to children all around the world.” The zero-revenue education platform, which is completely online, aims to offer an adaptive individualized curriculum.
On other ventures that he will be pursuing, the Binance founder says, “ Will continue to invest in blockchain/decentralized technologies, artificial intelligence (AI), and biotechnology. I am a long-term investor who cares about impact, not returns. I will also dedicate more time and funding to charity (and education). I have some rough ideas.” Zhao also says that he will continue writing a book on his life. “About 2/3 done, I think. Writing a book is a lot more work than I anticipated, but will see this one through.”
The Binance founder was reportedly released on September 27th after spending about two months at Lompoc II, a minimum security prison in California and the remainder of his sentence at a halfway house. He stepped down as the CEO of the world’s largest crypto exchange in November of 2023 after he pled guilty to violating US anti-money laundering laws. On top of the four-month jail sentence, Zhao was fined $50 million. Prior to starting his jail sentence, Zhao vowed to remain a passive investor in the cryptocurrency industry and a holder of crypto assets.
More about C3 Ai Inc
C3 Ai Inc (C3)
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: $3,078,010,000
Dividend Yield: None
EPS: None
Price Change: -2.28
Beta: 2.674
Volume: 325,433,000
Stock Price: $25.11
50-Day Moving Average: 0
200-Day Moving Average: 0.205
More about Seagate Technology PLC
Seagate Technology Holdings plc, an Irish public limited company (commonly referred to as Seagate) is an American data storage company.
Sector: Technology
Industry: Computer Storage Devices
Market Cap: 23.05 billion
Stock Price: $69.32
Dividend Yield: 2.8%
P/E Ratio: 1.58
EPS: $31.34
Beta: 0.0511
Volume: 6,551,000,000
Revenue: $11.85 billion
Net Income: -$939 million
ROE: 17.8%
More about Prudential Financial Inc
Company: Prudential Financial Inc
Description: Prudential Financial, Inc. is an American company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 40 other countries.
Sector: Finance, Life Insurance
Market Cap: 43.23 billion
PE Ratio: 15.47
EPS: 5.1
ROE: 7.83%
Stock Price: $171.7
Dividend Yield: 4.61%
Revenue: 61.83 billion
Net Income: 120.36
Debt to Equity: 1.377
Current Ratio: 0.103
More about General Dynamics Corporation
General Dynamics Corporation Summary
General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.
Sector: Manufacturing
Industry: Ship & Boat Building & Repairing
Market Cap: $83.04B
PE Ratio: 23.57
EPS: 5.48
ROE: 12.82%
Stock Price: $164.48
Dividend Yield: 0.0789
Revenue: $44.95B
Net Income: $3.23B
Debt to Equity: 0.207
Current Ratio: 0.18
More about Avista Corporation
Avista Corporation is a natural gas and electric utility company. The company is headquartered in Spokane, Washington.
ENERGY & TRANSPORTATION
ELECTRIC & OTHER SERVICES COMBINED
Revenue: 3049772000
Net Profit Margin: 15.62%
Operating Margin: 1.87%
Return on Assets: 2.48%
Return on Equity: 24.55%
Revenue Per Share: 0.101
Market Cap: 1908474000
PE Ratio: 40
Dividend Yield: 0.261
Beta: 0.058
More about Entergy New Orleans Inc Pref
Entergy New Orleans, LLC offers electric and gas services.
Sector: Technology
Market Cap: 196,785,000
Dividend Yield: 3.879
Support Level: None
Resistance Level: None
RSI: 0
Moving Average: 0
Bollinger Bands: 0
Pattern: None
Trend: Neutral
More about Orion Group Holdings Inc
Orion Group Holdings Inc
Orion Group Holdings, Inc. is a construction company specializing in the construction, industrial and infrastructure sectors in the continental United States, Alaska, Canada and the Caribbean Basin. The company is headquartered in Houston, Texas.
Sector: Real Estate & Construction
Industry: Heavy Construction Other Than Bldg Const - Contractors
Market Cap: 224.799B
Dividend Yield: None
Beta (5Y Monthly): -0.55
Price: 22.14
EPS: -0.0245
Volume: 722.909M
PE Ratio: 10.67
Forward Dividend & Yield: 0.629 (5.3%)
Ex-Dividend Date: None
More about Sun Life Financial Inc.
Sun Life Financial Inc. is a financial services company based in Toronto, Canada. It offers insurance, wealth, and asset management solutions globally. The company's market capitalization is approximately $33.49 billion, with a current stock price of $14.76. Over the past year, the stock has shown a 3.12% increase in value and a 3.93% dividend yield. With a price-to-earnings ratio of 54.75 and a beta of 0.099, the company's total cash flow stands at around $31.95 billion. Sun Life Financial Inc. has a book value per share of $56.52, with a negative earnings per share growth rate of -1.1% and a positive sales growth rate of 7.2%.