Microsoft becomes second company ever to top $3 trillion valuation
Microsoft joined Apple in the highly exclusive $3 trillion club Wednesday.
Derek Saul, Forbes Staff
Netflix stock soars toward two-year-high as subscribers surge
About a fifth of all Americans and Canadians subscribe to Netflix, boosting the streaming titan to record 2023 profits.
Meta stock sets record high – How it emerged from 77% plunge and Metaverse fiasco
Mark Zuckerberg’s social media giant has lost $25 billion in Zuckerberg’s pet metaverse division since 2022, but investors have been lured back by record profits in the core social media business.
First spot Bitcoin ETFs approved by US regulators in historic move for crypto industry
Investors no longer have to go through a crypto-focused exchange to directly invest in bitcoin.
Tiger Woods is leaving Nike after 27 years – a deal that helped him mint a billionaire
Woods reportedly pocketed $500 million over his 27 years with Nike.
Billionaires—Musk, Cuban, Ackman—clash over DEI. Here’s how it became a target
Mark Cuban and Elon Musk quarreled on social media this week over the intent of diversity, equity and inclusion initiatives following the controversial resignation of Harvard University’s first Black president.
Apple stock downgraded again citing iPhone sales concerns
Apple has lost roughly $160 billion of market value so far in 2024 as analysts warn about the stock’s growth potential.
Stocks decline again as US Fed won’t budge on rate cuts
The tech-heavy Nasdaq has shed almost 3% so far in 2024, its worst two-day stretch in more than two months.
Apple stock’s plunge spurs $200 billion big tech rout as Nasdaq tallies worst day in months
In its first trading session after finishing out an explosive 2023, the tech-heavy Nasdaq tumbled 2%.
Pfizer stock sinks to 10-year-low: Here’s why investors have soured on the Covid-era giant
Pfizer stock’s struggles continued Wednesday, as shares of the healthcare titan dropped to their lowest level since before the Covid-19 pandemic,