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Christiaan HetznerFortune |
The price tag for shedding its nonprofit shell could run into the tens of billions of dollars.
“I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the hedge fund billionaire told reporters.
Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for...
Jensen Huang's company retains its absolute dominance in artificial intelligence microchips, but longer term demand is eventually expected to...
Together with DOGE partner Vivek Ramaswamy, they are targeting ‘mass headcount reductions across the federal bureacracy’
Tesla CEO Elon Musk mockingly asked, “Do you sell cars?” after Jaguar release rebrand video.
The AI chip darling will once again take center stage for Wall Street when it reports after the bell on Wednesday.
Lawyers for the disgraced whale don't believe a U.S. federal court should order any restitution to banks that agreed to lend him money under false...
Goldman Sachs sees plenty of upside in the price of bullion over the next thirteen months amid concerns over U.S. tariffs and debt sustainability...
Sending business to X may be a way of placating Musk now that the entrepreneur has the ear of the president-elect, someone with a history of punishing...
Only the smartest Americans most ideologically dedicated to the cause of shrinking government should consider polishing up their resumés, DOGE says.
Shayne Coplan makes light of the Kafkaesque early morning search and seizure after the 26-year-old's mobile is confiscated: “New phone, who...
Elon Musk plans to make the process of eliminating government waste as transparent and interactive as possible: 'The entertainment value will...
A reversal of Biden's decision four years ago to return to the landmark U.N. climate agreement would create a harmful yo-yo effect for businesses that...
No matter how you value Tesla, the $1 trillion company trades at an eye-watering premium to all other peers—including tech stocks.
One senior executive from the healthcare sector told the Financial Times his influence on policy would be “awful on a lot of levels."
With her long purple hair obstructing half her face and matching lilac-colored eyeshadow, the chatbot looked, acted and sounded like a bored teenager
President-elect Trump has vowed to launch the biggest deportation in American history—this could translate to big bucks for companies like CoreCivic...
The Tesla CEO is a rising force in the Republican Party after playing a pivotal role in helping Donald Trump cruise to victory in Tuesday's election.
Amendment 4 won a clear majority among Florididians, but fell short of the 60% support needed to pass.
On the eve of the election, data suggests women voters even in America's heartland may be flocking to Kamala Harris in larger numbers than initially...
Walz’s meager finances match his background as a small-town coach from America’s heartland.
The difference between Trump's proposed tax policies and those of his opponent, Kamala Harris, amount to a potential 12% swing in corporate net...
CBS denies the claims.
Substituting dairy for plant-based milks is the second most popular customization option, and the move will lead to an effective 10% price cut.
The drop comes after a scorching hot October rally and concerns that the Trump campaign may have committed an unforced error with less than a week...
Y Combinator co-founder Paul Graham calls Trump a 'crook' that cannot be trusted with the nation's highest office.
"I don’t think he’s in any serious amount of trouble, and if Trump wins, he’s obviously not in any trouble at all."
TMTG is now worth about $8.3 billion, not far from the estimated value of Musk's far larger X despite revenue equivalent to the sales of four...
Musk has held repeated talks with high-ranking Kremlin officials, including an official responsible for spreading disinformation on social media.
The CEO is betting heavily on a 2025 rollout of autonomous Tesla vehicles not yet approved for use. His newfound political connections may grease the...
Buy gold and Bitcoin, the October 1987 crash oracle Paul Tudor Jones recommends.
Polymarket odds offer a useful gauge for predicting the upcoming election, but there are significant caveats.
Following the disappointing robotaxi unveil, analysts expect the market will now focus on near term catalysts such as the underlying profitability...
Signing petition could muddy up Musk’s database, draining valuable resources and diluting its ability to micro-target voters.
His most important future product was acting very much thanks to human intelligence with critics calling it a "parlor trick."
Accusing OpenAI of everything from fraud and racketeering to false advertising and unjust enrichment may look like the legal equivalent of throwing...
Ryan Salame announced he was moving on from the fraudulent crypto exchange to his next challenge at Maryland federal penitentiary.
Key Square hedge fund manager Scott Bessent’s plan to sideline Jerome Powell aligns with Trump’s declared aim of eroding the U.S. central bank’s...
The 76-year-old argued it’s ‘unfortunate’ that Altman has put profits over AI safety.
“If he loses, I’m f----d,” a jovial Elon Musk told the conservative commentator and former Fox News host.
The Tesla CEO has launched a petition in support of the Constitution that will help him harvest data for micro-targeting voters—and that could be...
It’s a bold claim given the only empirical evidence available suggests they cannot drive for more than 125 miles on average before a driver must...
Flights to Beirut will now be suspended up to and including November 30, while those to Tel Aviv will be cancelled until October 31, the group said in...
According to German daily Bild, Winterkorn recently slipped in the shower and broke his right leg.
The software and cloud computing giant currently allows employees remotely with many new hires promised the flexibility of working from home at least...
Once celebrated, CEO Carlos Tavares has to worry about his job amid a dealer revolt and a new successor search by his own board.
Andrew Litinsky and Wes Moss, both former 2004 reality TV contestants on Trump's Apprentice show, liquidated over 7.5 million shares worth around $100...
“I obviously won’t pretend it’s natural for this one to be so abrupt, but we are not a normal company,” Altman told staff in a letter he...
Had Trump moved to liquidate part of his 59% stake at the first available opportunity to meet heavy legal costs, the parent of Truth Social would have...
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