Ukraine’s wealthiest man donating US$25 million to war effort after securing record transfer fee from soccer club
Rinat Akhemetov said he will dedicate US$25 million of the payout from Chelsea toward a fund supporting soldiers.
Derek Saul, Forbes Staff
Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
Energy stocks outshone peers in 2022 on US markets
During the stock market’s worst year since 2008, energy stocks have greatly outperformed other assets.
Billionaire Alibaba co-founder Joseph Tsai selling 8% stake in retailer
Billionaire Alibaba executive vice chairman Joe Tsai plans to sell an 8% stake in the Chinese online retailer he cofounded.
SpaceX, Tesla, Twitter CEO Elon Musk: ‘I frankly don’t want to be CEO of any company’
Musk said he hopes to find “someone else to run Twitter,” reducing the number of multibillion-dollar companies he helms back to two.
‘Beware’ of Crypto investing or risk bankruptcy court, SEC Chair warns
The head of the Securities and Exchange Commission cautioned Americans about the risks of investing in the lightly regulated cryptocurrency industry
Binance bails on FTX acquisition — Here’s what led to the FTX crypto crash
The crypto industry shed US$176 billion in market capitalization since Sunday, a 19.5% decline.
Dow jumps 400 points – here’s why this is normally a good time for the market
Republicans have an 83% of flipping one chamber of Congress, according to FiveThirtyEight, and investors eat up the legislative headaches caused by a split in power in Washington.
Musk meme fuels US$2 billion gain for Dogecoin
Musk’s tweet of a Shiba Inu wearing a Twitter shirt sent dogecoin up 12%.