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Derek Saul, Forbes Staff

Asides

Billionaire investor Sam Zell dead at 81

“The key to my success is that my focus is never on how good it’s going to get. My focus is on the percentage that it doesn’t work,” Zell told Forbes in 2013.

  • By Derek Saul
  • Forbes Staff

Google insiders are US$9 billion richer after AI-fuelled stock rally

Google cofounders Larry Page and Sergey Brin surged back into the ranks of the 10 richest people in the world Thursday.

  • By Derek Saul
  • Forbes Staff

Disney earnings: Stock slips as Disney+ bleeds millions of subscribers

The entertainment conglomerate lost four million subscribers for Disney+ last quarter while raking in $2 billion in profits from its theme parks.

  • By Derek Saul
  • Forbes Staff

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.

  • By 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.

  • By Derek Saul
  • Forbes Staff

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.

  • By Derek Saul
  • Forbes Staff

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.

  • By Derek Saul
  • Forbes Staff

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.

  • By 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.

  • By Derek Saul
  • Forbes Staff

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.

  • By Derek Saul
  • Forbes Staff
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