Derek Saul, Forbes Staff

Reddit’s long-run vision of growing advertising revenues and profitability “are promises we’ve heard too many times,” according to Bernstein analysts.

It was a “nightmare quarter” for Elon Musk’s electric vehicle titan.

It’s arguably the most notable initial public offering of 2024 thus far.

An epic reported artificial intelligence partnership out of Silicon Valley sent stocks off to a hot start Monday ahead of a crucial week for markets.

Don’t look now, but semiconductor chip stocks are in a major slump.

Musk’s net worth is down almost $60 billion in 2024 alone, according to Forbes’ estimates, as Tesla stock tanked and a judge swatted down Musk’s record compensation package.

Novo Nordisk and Eli Lilly each have a higher market capitalization than Tesla, a dramatic shift from the end of 2021, when Tesla was worth four times more than each of the weight loss kingpins.

Apple shares have underperformed the broader market on a 6-month, 12-month and 2-year basis as rival Microsoft surpassed Apple as the world’s most valuable company.

More friendly market conditions and the launch of spot bitcoin ETFs have propelled bitcoin prices to triple over the last 16 months.

Shares of Warner Bros. Discovery slid Friday to their lowest level ever, even after the HBO and CNN parent’s streaming unit became the first major streamer aside from Netflix to record a profitable year on record, exemplifying the struggles of legacy media companies to return shareholder value in the era of streaming.