Airbnb stock craters as co-founders lose US$3 billion in one day
Airbnb cofounders Nathan Blecharczyk, Brian Chesky and Joe Gebbia are now $12 billion poorer than they were two years ago.
Derek Saul, Forbes Staff
Apple beats quarterly profit and sales estimates—led by record services revenue
Apple, which accounts for 7% of the S&P 500’s breadth, made $24.2 billion in profit during the first three months of 2023.
JPMorgan stock set for second-best day this year after First Republic takeover
Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.
Mark Zuckerberg gets $10 billion richer after Meta’s latest home run
“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.
Meta stock surges to 14-month high even as Metaverse bleeds billions
The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.
‘Danger zone’: First Republic Bank shares plunge 50 per cent amid $100 billion exodus
“First Republic is still in the danger zone,” one analyst warned Tuesday.
Arnault’s LVMH is now more valuable than Musk’s Tesla—as gap widens between world’s wealthiest men
Elon Musk has nearly $75 billion of ground to make up to become the planet’s richest person again.
How Taylor Swift avoided a $100 million FTX nightmare
“Taylor is Smart,” the world’s second-wealthiest man Elon Musk said about the singer’s due diligence.
Twitter Inc. ‘no longer exists’ As Elon Musk inches closer to ‘X’
Musk wants to transform Twitter/X into the “biggest financial institution in the world,”a bold ambition for the company now purportedly valued at $20 billion.
Why billionaire LeBron James won’t shell out $8 a month for a blue tick on Twitter
The four-time NBA MVP will no longer have a blue check on Elon Musk’s Twitter after the company axes its legacy verification program Saturday.