We recently compiled a list of the 10 Best Delivery Stocks to Buy According to Billionaires. In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against the other delivery stocks. The growth of global e-commerce is linked to a surge in demand for delivery services. According to research…
Twelve of the world’s 20 wealthiest individuals have seen their net worth tumble this year, with many posting declines in the tens of billions of dollars, according to Bloomberg. Why It Matters With Donald Trump‘s return to the White House and his campaign promises to cut regulations and lower taxes, many anticipated that 2025 would…
The Amazon founder and owner of The Washington Post once vowed to follow the example of publisher Katherine Graham. He changed his mind after Trump’s election. Tech execs attend Trump’s inauguration Elon Musk, Jeff Bezos, Mark Zuckerberg and other top tech executives attended Trump’s presidential inauguration. If you were a multi-billionaire – or even just…
An illuminated logo at the Star complex, operated by Star Entertainment Group Ltd., in Sydney, … [+] Australia, on Tuesday, Sept.3, 2024. Star Entertainment Group’s future hangs in the balance after an inquiry found the company had suffered from dysfunctional leadership, questionable ethics and culture, and remains unfit to operate its Sydney casino. Photographer: Brent Lewin/Bloomberg ©…
A BYD Seal EV is shown at the Geneva Motor Show 2024 as the company tries to expand sales outside of China. John Keeble/Getty Images BYD, the Chinese electric vehicle juggernaut headed by billionaire Wang Chuanfu, intends to raise HK$43.5 billion ($5.6 billion) in a share placement to deal with fierce competition at home and…
WASHINGTON — Donald Trump was inaugurated for his second term on Monday before the world’s richest people. Elon Musk, Jeff Bezos, and Mark Zuckerberg were among those seated closest to Trump as he demonized the most vulnerable members of our society, rewrote the history of his criminal prosecutions, and pledged to roll back Joe Biden’s…
There’s a dominant narrative in the media about why tech billionaires are sucking up to Donald Trump: Elon Musk, Mark Zuckerberg, and Jeff Bezos, all of whom have descended on the nation’s capital for the presidential inauguration, either happily support or have largely acquiesced to Trump because they think he’ll offer lower taxes and friendlier…
US billionaire businessman Frank McCourt is crafting a fundamental overhaul of TikTok’s business model as part of a plan to bid for the Chinese-owned short-form video app, he told Reuters. McCourt, who formerly owned the Los Angeles Dodgers baseball team, said he has received verbal funding commitments totaling $20 billion from a consortium of investors to…
Donald Trump said he is meeting with Amazon founder Jeff Bezos next week as the president-elect continues to strengthen his ties to billionaire tech leaders. On Thursday, Trump was revealed as Time magazine’s 2024 Person of the Year and rang the opening bell at the New York Stock Exchange to celebrate amid cheers of “USA”…
SpaceX and its investors have agreed to purchase as much as $1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about $350 billion, according to an internal email seen by Bloomberg. The per-share price of $185 is up substantially from the $112 set in a prior valuation less…