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Derek Saul, Forbes Staff

Asides

World’s 10 richest people lose US$27 billion as tech stocks sink

History suggests the federal debt rating downgrade won’t impact stocks for long, as stocks continued their upward trajectory after a brief blip in the aftermath of the S&P’s similar decision 12 years ago.

  • By Derek Saul
  • Forbes Staff

Spotify stock losses intensify after earnings miss and price hikes

Shares of the Swedish music streaming giant tanked 11% Tuesday after reporting earnings, set for their worst day in nine months.

  • By Derek Saul
  • Forbes Staff

Netflix stock hits 17-month high as analysts forecast ‘competitive advantage’ from Hollywood strike

The surge in share price comes amid an industry standoff with Hollywood actors and writers demanding fair contracts that one analyst deemed a major win for Netflix.

  • By Derek Saul
  • Forbes Staff

Best US stocks of 2023’s first half: Nvidia leads big tech renaissance

Companies powering the generative AI rush are the top returners for all three major stock indexes this year.

  • By Derek Saul
  • Forbes Staff

Apple hits $3 trillion market value—and could soar another $800 billion

The iPhone maker is as valuable as Tesla, Berkshire Hathaway, Meta and Netflix– combined.

  • By Derek Saul
  • Forbes Staff

AI will make 2024 election a ‘mess,’ billionaire ex-Google chief Schmidt says

Social media is not “protecting us from false generative AI,” Eric Schmidt said Monday.

  • By Derek Saul
  • Forbes Staff

Meme glory days fade as GameStop stock crashes — now set for worst day in 2 years

“We remain convinced that GameStop is doomed,” one analyst warned after the video game retailer fired its CEO and revealed another quarter of losses.

  • By Derek Saul
  • Forbes Staff

Who is Yasir Al-Rumayyan? The new king of global golf also chairs US$2.1 trillion oil behemoth

The Saudi official, who also sits on Uber’s board of directors and chairs Newcastle United, has been described as a “technocrat” who executes the “vision” of the country’s de facto ruler, Mohammed bin Salman.

  • By Derek Saul
  • Forbes Staff

Apple unveils new VR headset, revamped MacBook and iOS 17 – as stock hits 43-year high

Shares of the iPhone maker are still up more than 1,000% over the last decade.

  • By Derek Saul
  • Forbes Staff

Tesla stock hits 4-month high as Elon Musk’s net worth soars

Musk is about $70 billion richer Friday than he was in January.

  • By Derek Saul
  • Forbes Staff
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