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.
Derek Saul, Forbes Staff
‘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.
Sam Bankman-Fried accused of paying US$40 million bribe to Chinese official
It’s yet another jarring allegation for the former crypto mogul.
Banning TikTok would boost Alphabet, Meta and Snap—Here’s how much their stocks could jump
The three American companies tacked on $47 billion in market capitalization Thursday as Congress upped the pressure on security concerns posed by TikTok.
Only the ‘first domino to drop’: Grim warning in wake of SVB collapse
US bank stocks shed tens of billions of dollars in market value as their nightmarish week continues.
Facebook parent Meta axes another 10,000 jobs
Shares of the Facebook parent rose 4% following the announcement and are up 50% year-to-date.