Stocks

Twenty-one of the world’s richest people, including Larry Ellison and Rob Walton, have unloaded shares worth more than $9 billion combined in the first half of this year.

Bitcoin miners are surging thanks to a strong year for crypto, while ChatGPT is slamming stocks like online study-help company Chegg.

The Macquarie Technology Group is halting trading whilst it raises $130m to expand its data centres

McDonald’s is the highest-ranked restaurant on the Global 2000, and Chipotle is one of the year’s big winners. Large listed companies predominantly featured in this year’s Forbes list of the world’s largest hotel, restaurant and leisure companies.

The Magic Kingdom has had a roller-coaster year in the middle of a political firestorm but posted strong enough results to remain in the top 100 of the Global 2000.

Innovative firms serving the back office needs of Wall Street and other large enterprises continue to prosper, with promising new startups in a crucial niche–fraud prevention–sprouting.

Nvidia joins Apple, Saudi Aramco, Microsoft, Alphabet and Amazon in the exclusive club.

The agreement, which raises the debt ceiling for two years, still needs congressional approval.

Investors should consider Silicon Valley chipmaker Marvell a “safer way to gain exposure to the AI wave,” one analyst said.

Netflix could add as much as nine million paid subscribers thanks to the password crackdown, according to analysts.