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Magnificent 7 sheds over $1 trillion as Apple, Nvidia stocks head to worst days since 2020
Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.
Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.
The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.
Christian Angermayer is seemingly behind every flashy investment of the last decade. With boundless bravado and a roster of famous friends—including Peter Thiel, Uma Thurman, and the president of Rwanda—he’s getting ready to launch an Olympiad for athletes on steroids.
Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.
Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.
Founder Tim Fung has turned his jobs marketplace, Airtasker, into a household name thanks to shrewd deals giving media companies a slice of the action, but cracking the US hasn’t been quite so simple
As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.
A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.
Hours after entering a trading halt, Rex Airlines has entered voluntary administration, cancelling all flights between major airports.
An Australian generative AI platform that raised $47 million last year has been snapped up by design juggernauts Canva, but the numbers are hush-hush.