Investing

The stock is on pace for its second-best day on Wall Street ever.

The South Korean tech giant Kakao’s founder has been accused of manipulating the stock price of SM Entertainment to prevent its takeover by rival HYBE—which manages BTS.

Microsoft CEO Satya Nadella, Reliance chairman Mukesh Ambani, and other deep-pocketed investors worth a collective $126 billion own franchises in Major League Cricket. But launching a new major sports league in the United States has long been a sticky wicket.

Two new-age insurers banked more than $100 million in funding in Q2, 2024. Forbes investigates whether this signifies a rising trend – or a bucking of.

Netflix had previously eliminated its ad-free subscription plan for new customers in the U.S., and the streaming giant will now scrap it for existing customers

Buy now pay later firm Zip Co has banked $217 million in equity, and says it’ll use the funds to pay off its corporate debts.

Large technology stocks flails as lower interest rates appear on deck and investors view a Trump presidency as increasingly likely.

Billionaire OpenAI CEO Sam Altman reportedly claimed developers of his $27 million San Francisco estate rushed to sell the property, even with shoddy construction.

Elon Musk is “hauling ass” on his supercomputer project in Memphis. But a whiplash deal, NDAs and backroom promises made to the city have lawmakers demanding answers.

“You can’t align the stars any better for a BTC price acceleration” than Trump’s economic blueprint, according to Cuban, who simultaneously predicted the decline of the dollar under Trump.