Tesla stock hits 4-month high as Elon Musk’s net worth soars
Musk is about $70 billion richer Friday than he was in January.
Investing
Record $32 million play to launch Australia’s ‘Shopify for banks’
The founders of banking software platform Constantinople have raised a $32 million seed round – the largest in Australian history.
Nvidia joins exclusive club after hitting US$1 trillion market value
Nvidia joins Apple, Saudi Aramco, Microsoft, Alphabet and Amazon in the exclusive club.
What you need to know about the US debt ceiling deal
The agreement, which raises the debt ceiling for two years, still needs congressional approval.
This tech stock joins Nvidia as analyst’s favourite after CEO predicts AI revenue boom
Investors should consider Silicon Valley chipmaker Marvell a “safer way to gain exposure to the AI wave,” one analyst said.
Nvidia nears US$1 trillion market capitalisation—closing in on these other companies
The chipmaker’s stocks are surging after an expectations-shattering financial report, bringing its market cap close to $1 trillion—a status shared with a handful of other companies.
By the numbers: Where did it all go wrong for Vice Media?
As it nears bankruptcy, Vice Media is far from its days of 3,000 employees and a peak valuation of $5.7 billion in 2017.
‘Good to be back’: Failed grocery delivery startup Milkrun bought by Woolies
Australian grocery delivery startup Milkrun, which closed its doors in April, has been bought by Woolworths.
Rokt adds Square Peg co-founder Paul Bassat to board
Square Peg has been a key investor in Rokt since 2013, and will join the company’s board ahead of its anticipated IPO.
Disney stock surges amid reports ESPN plans to launch streaming service
ESPN plans to maintain its cable channel even with its streaming service, according to anonymous sources.