Shares

The drop in share price began in after-hours trading Friday after the company released earnings.

Shares of artificial intelligence leader Nvidia are up more than 400% since the beginning of last year, adding about $1.5 trillion to its market capitalization.

The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.

L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.

Disney’s latest earnings report left Wall Street “incredibly encouraged” after the entertainment king projected its best annual profit since 2018.

Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.

With $1 trillion in assets and unrivaled returns, the private equity giant has conquered Wall Street, but its 76-year old founder, Steve Schwarzman, isn’t finished. He wants total domination overseas as well— and the firm’s crown prince, Jonathan Gray, has built an ingenious weapon targeting vast amounts of global wealth.

Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.

The company is attempting to sell most of its remaining stock of Yeezy footwear at cost, instead of writing it off.

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.