Oracle chairman Larry Ellison became the world’s second-richest person Thursday, reclaiming the rank from Google cofounder Larry Page as a weekslong rally for Google parent firm Alphabet’s stock cooled. Key Takeaways Forbes Valuation Ellison’s estimated net worth grew to $264.8 billion, following a $5.2 billion increase Thursday. He ranks ahead of Page, whose fortune is […]
The brand, known for its canned soups, called Martin Bally’s comments “vulgar, offensive and false.”
The Google parent’s stock has accelerated over the last week and is now valued more than Microsoft.
Consumers have expressed growing concerns about the shutdown’s potential impact on the economy in recent weeks.
Tesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders.
A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.
The leading cryptocurrency has pared back historical gains in recent weeks.
President Donald Trump has claimed Kenvue’s pain reliever is a potential cause of autism, despite clear evidence.
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before a hefty tax charge.
The company, worth $10 billion a decade ago, has reached record milestones driven by growing AI demand.