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Christiaan HetznerFortune |
A new Pershing Square hedge fund marketed to Americans wants you to ignore everything its billionaire Wall Street investment manager just told his...
Excessive AI spending and geopolitical risks are prompting investors to cash in their chips.
Half of Tesla's quarterly profits came from the sale of regulatory zero-emission vehicle credits, a resurgent pillar of its business at risk under a...
One broker tried to rush out a note recommending investors buy the dip, only to find out his bank's computers were CrowdStriked, too.
It's not just wealthy elites backing Harris—Democratic grassroots platform ActBlue raises a record amount of small dollar donations after Biden...
Musk does not appear to be doing Tesla any favors by constantly agitating against left-leaning issues popular among his mainly progressive customers.
A lukewarm commitment to the island nation's security could threaten the supply of Nvidia's vaunted AI training chips that power Big Tech data...
Marc Andreessen and Ben Horowitz fear an anti-capitalist wing of Biden's party threatens to wipe out innovative startups that fuel America's economic...
The announcement of an Aug. 8 robotaxi reveal helped form a bottom in the stock right when Musk needed shareholders to approve his record pay package.
The OpenAI CEO urged Americans to collectively step back from the edge after the attempted assassination of Donald Trump.
Real estate firm JLL confirmed it has been hired to sublease the entire 800,000 square foot complex housing the social media company's headquarters.
Federal jury finds Hwang lied to lenders over the size and scope of his bets on stocks like ViacomCBS in order to juice returns, causing $10 billion...
The Bridgewater founder despairs over America's choice in November between an 'unethical, almost fascist Republican Party' and a 'frail, untruthful'...
The AI trade has lifted the stock market to all-time highs despite weakening economic data, prompting fears the upcoming Q2 earnings season could...
Oracle founder Larry Ellison’s son, David Ellison, announced he reached terms to acquire a controlling stake in Paramount.
JPMorgan's Marko Kolanovic made a name for himself as a contrarian during the pandemic, but too many wrong footed calls finally caught up to him.
Investor faith in Tesla's once busted-growth story appears to have returned after a dire first-half that saw it become the butt of jokes.
If the Optimus robot somehow catapults Tesla to Musk's $30 trillion market cap target, bears like the Microsoft co-founder could be wiped out—but...
"For a number of reasons, I am not convinced that these models will achieve that type of breakthrough in the near future."
Emanuel, who built Endeavor from a talent agency into a fully-fledged media empire, believes Altman's behaviour shows he is not to be trusted with...
The 93-year-old gave another $4 billion to the foundation on top of the previous $39 billion already donated, but that may be the end.
Hype for AI is so feverish that even meeting expectations isn't enough for investors.
After years spent and billions lost in a vain attempt to narrow Tesla's considerable lead in software, Volkswagen is flat out desperate.
The undisputed leader in semiconductors used for AI training lost almost the equivalent of an entire Tesla since its stock peaked last week.
The CEO of the social media platform formerly known as Twitter is under heavy pressure by Elon Musk to turn around his loss-making company.
Softbank founder Masayoshi Son dumped his entire stake in Nvidia after a crypto downturn hurt sales to miners—now he wants to make good with a huge...
A star in the field, Sutskever left his former employer in May hinting he wasn't leaving AI research. His departure came almost six months to the day...
BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become...
Linda Yaccarino said the "best message I ever got of all time" was Elon Musk posting he had appointed a female CEO of X.
Americans nowadays would need to toil for nearly three centuries to make what their CEOs can often earn in one year.
GameStop investors believe the meme stock trader may be angling for a seat on the board after acquiring 2% of the company.
The Tesla CEO turned his pay deal into a confidence vote, knowing investors had no obvious successor in place as an alternative.
And GameStop has Roaring Kitty aka Keith Gill to thank for it.
The YOLO king of meme stock traders already suffered a $300 million loss on Friday after GameStop foiled his short squeeze.
Continued lobbying on Elon Musk's behalf all the way down to the wire suggests the risk of a ‘no’ vote at this Thursday's annual shareholder...
The brick-and-mortar retailer surprised with a plan to sell up to 75 million newly issued shares for no specific reason, sending the stock tumbling...
Users are being spoon-fed content that reinforces their biases. But if things are bad now, a remorseful Dorsey warns they're only going to get worse...
The timing of his latest conflict of interest is damaging, coming just days before a key shareholder vote over his record pay package on June 13.
Global sales of AR and VR headsets like Microsoft's HoloLens 2 dropped by nearly a quarter last year, continuing a trend that has seen interest fall...
The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not be the 'epic end of year'...
Trump has proven highly effective at spinning his numerous indictments and arraignments into grassroots donations, out-raising the Biden campaign in...
Peltz's proxy battle posed the greatest threat to a Disney CEO since Michael Eisner’s feud with family heir Roy Disney twenty years ago.
"We just couldn’t believe things that Sam was telling us," Toner said of the four board members who tried to fire Altman last year.
Musk's latest startup is barely a year old and already it is worth $24 billion. But Tesla shareholders fear it will compete with the carmaker for...
Faced with ballooning costs for movies, TV and video games, the entertainment industry prefers to bet on bankable franchises with built-in fan bases.
The ringing endorsement from Huang comes amid Musk's recent pivot to AI as the Tesla boss quietly scrapped his vision of growing volumes over tenfold...
The JPMorgan boss believes official data is not sufficiently reflecting price pressures that are in the pipeline but have yet to manifest.
Samsung joins the pile-on after everyone from actor Hugh Grant to startup angel Paul Graham blasted Apple for its 'Crush' ad.
The Bridgewater hedge fund founder recommends only investing in the 'best parts' of the United States and moving the rest to more stable and...
A rise in the use of recreational marijuana use in states that have legalized cannabis appears to be behind a spike in falsified workplace drug tests.
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