Published on August 1, 2025 Booming tech stocks lifted the fortunes of eight of the world’s top 10 wealthiest. Nvidia’s Jensen Huang hit a high mark. Here are the richest people in the world, right now. Nvidia CEO Jensen Huang is now the xxxx Key Takeaways Elon Musk is the richest person in the world,…
Berkshire Hathaway, the conglomerate led by revered investor Warren Buffett, has sold roughly one-third of its stake in Verisign, a U.S.-based provider of domain name registry services and internet infrastructure. On Monday, Verisign made the announcement that Berkshire will be selling 4.3 million shares on Monday. In a subsequent release, the company said that these…
Entrepreneurial success in the traditional startup playbook — be it for beauty, consumer goods or tech — usually looks like scaling a business, gaining external investment and eventually exiting after it’s acquired. This pathway is less common (and harder) in creative industries. But experts and investors agree that small to medium-sized fashion brands have a…
Analysts say global financial markets are entering a euphoric but potentially dangerous speculative phase. Such phases are typically characterised by investor mania for so-called meme stocks, made popular on the share market by social media posts. But investors are also chasing after cryptocurrencies, gold and small-cap stocks, or stocks with relatively low prices. Adelaide woman…
Key Points Rivian(NASDAQ: RIVN) and Lucid(NASDAQ: LCID) were both hot electric vehicle (EV) stocks. Rivian went public with an IPO price of $78 on Nov. 10, 2021, and its shares more than doubled to a record closing price of $172.01 just a week later. Lucid went public by merging with a special purpose acquisition company…
Meme stocks. They’re back! This time around it’s GoPro, Beyond Meat, Kohl, Krispy Kreme and Opendoor Tech. Think short squeezes, sudden price moves (Opendoor up 300% in a few months and down 50% in a week), lots of Reddit chat and much money made and lost. It’s all a lot of fun (bar the losing…
Swaths of California are seeing housing prices drop, thanks largely to the combination of increased inventory and sky-high interest rates. Even markets that are typically somewhat immune to general trends and consistently robust — like Mountain View and San Diego — have softened over the past year. But there are still plenty of places in…
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PR Newswire – Wed Jul 16, 7:55AM CDT NEW YORK , July 16, 2025 /CNW/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. Caroline Woods delivers the pre-market update on July 16th Stocks are…
Lucid Group(NASDAQ: LCID) shares closed at $2.30, rising 9% in today’s session while the S&P 500 and Dow Jones Industrial Average both posted mild declines of 0.07% and 0.37%, respectively. The luxury electric vehicle (EV) manufacturer saw heightened trading activity with approximately 205 million shares changing hands — roughly 60% higher than its 50-day average…