Zuckerberg’s fortune drops $18 billion as Wall Street sours on Meta’s AI spending
Shares of the Facebook parent have plunged over what could be an 11-day losing streak.
Ty Roush, Forbes Staff
Apple briefly surpasses $5 trillion market value—joining Nvidia
The iPhone maker recently regained its spot as the world’s most valuable company.
Nvidia and OpenAI in talks over $500 billion data centre, with funding from Japan
The development would become the world’s largest data center by power capacity.
‘Former trillionaire’ Elon Musk’s wealth sinks as SpaceX shares slide
The Tesla and SpaceX CEO recently acknowledged his fortune’s decline, calling himself a “former” trillionaire.
EU approves Paramount’s $110 billion Warner Bros. takeover—despite pushback in the U.S.
A federal judge paused the merger, ruling states had raised “serious questions” about antitrust law.
Mark Zuckerberg overtakes Michael Dell as 5th richest amid Dell selloff
The hardware firm’s stock has cooled since skyrocketing to an all-time high last month.
Alphabet rally boosts Google cofounder fortunes by $15 billion
A new AI chip from Google’s parent company could reportedly be up to 10 times more energy-efficient.
Chinese AI startup Moonshot unveils Kimi K3 Model—Will it challenge OpenAI and Anthropic?
The Chinese startup called its AI model the “new frontier of intelligence.”
Apple briefly unseats Nvidia as world’s largest company
The iPhone maker is once again the world’s largest company by market value.
IBM shares crashed 25% in worst day ever. Here’s why
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.