Software stocks—Oracle, Intuit, more—fall as Anthropic’s latest Claude model fuels AI concerns
The Google- and Amazon-backed AI startup fueled a global selloff in software stocks earlier this month.
Ty Roush, Forbes Staff
Mark Zuckerberg passes Jeff Bezos for no. 4 richest as Meta stock soars on earnings beat
The company reported quarterly revenue that exceeded Wall Street’s expectations.
Elon Musk’s net worth hits $788 billion in record-setting surge
Musk is closing in on the $800 billion mark as his net worth sets a new record.
Sergey Brin becomes world’s third-richest —overtakes Jeff Bezos, Larry Ellison after Alphabet hits US$4 trillion
The Google parent’s stock hit a new record after a new AI deal with Apple, pushing its market value above $4 trillion.
Larry Ellison—losing $31 billion—stumbles to no. 3 richest as Oracle shares plummet
The cloud services giant reported quarterly revenue that fell short of Wall Street’s expectations.
Larry Ellison jumps to No. 2 richest—passing Larry Page as Alphabet rally stalls
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 […]
Campbell’s fires executive for alleged racist rant claiming company products are for ‘poor people’
The brand, known for its canned soups, called Martin Bally’s comments “vulgar, offensive and false.”
Larry Page becomes No. 2 richest—bumping Larry Ellison—as Alphabet shares rally
The Google parent’s stock has accelerated over the last week and is now valued more than Microsoft.
The world’s 10 richest people became $40 billion richer as shutdown deal advances
Consumers have expressed growing concerns about the shutdown’s potential impact on the economy in recent weeks.
Tesla approves Musk’s potential trillion-dollar payday
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.