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These 5 billionaires were the biggest net-worth winners today as stocks surged

A handful of billionaires saw their net worth rise by a combined $55 billion on Wednesday, driven b…

Kelly Cloonan   


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1 min read

Oracle's Larry Ellison is now the world's 4th-richest person after a $57 billion wealth surge this year

Larry Ellison has overtaken LVMH's Bernard Arnault, Microsoft's Bill Gates and Steve Ballmer, and G…

Theron Mohamed   


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Nvidia stock jumps after CEO Jensen Huang says 'demand for Blackwell is insane'

"Blackwell is in full production, Blackwell is as planned," Jensen Huang said. "Everybody wants to …

Matthew Fox   


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Nvidia stock has another 38% upside amid a 'generational opportunity' in AI, Bank of America says

Nvidia is well placed to provide the tech necessary to develop new AI models, and it's got an edge …

Kelly Cloonan   


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3 mins read

Why the stock market's AI trade came back to life this week

Oracle cofounder Larry Ellison said the AI spending race will go on "forever" as the cost of large …

Matthew Fox   


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2 mins read

Billionaire investor David Einhorn says Warren Buffett's recent stock sales show just how overvalued the market is

Warren Buffett's turn to cash indicates that now is not the best time for high equity exposure, Dav…

Filip De Mott   


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18 mins read

How Oracle's biggest-ever acquisition turned deadly

Larry Ellison bet $28 billion that Oracle could revolutionize healthcare. So why are so many patien…

Ashley Stewart,Blake Dodge   


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2 mins read

Stock market today: Indexes close mixed as tech stumbles and traders brace for Fed meeting

Apple shares dropped Monday after an analyst warned of weaker iPhone 16 demand. The Fed begins its …

Max Adams   


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Stock market today: Indexes trade mixed as investors look forward to major Fed decision

The Fed is expected to deliver its first rate cut since 2020 on Wednesday, with markets seeing high…

Max Adams   


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Nvidia stock can climb for the next 12 months, S&P Global analyst says

Nvidia's partners are showing that the AI titan has "strong runway" for at least the next year, on…

Jennifer Sor   


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3 mins read

Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%

Warren Buffett's Berkshire Hathaway has cut its Bank of America stake by 23% since July, and it's n…

Theron Mohamed   


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Elon Musk is $100 billion richer than in April thanks to Tesla's stock surge — and worth more than McDonald's or Pepsi

Tesla CEO Elon Musk has staged a $100 billion comeback after a $65 billion wealth drop in the sprin…

Theron Mohamed   


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Jensen Huang is $60 billion richer this year thanks to Nvidia's soaring stock — and just rejoined the $100 billion club

Nvidia CEO Jensen Huang's wealth surged by about $14 billion in four days due to the chipmaker's st…

Theron Mohamed   


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1 min read

Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks

Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tif…

Matthew Fox   


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Stock market today: S&P 500 notches 5-day streak of gains ahead of next week's Fed meeting

Odds of a 50 basis point interest rate cut next week have surged as investors worry about a slowdow…

Matthew Fox   


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1 min read

How much Silicon Valley's richest CEOs and founders lost in the stock market wipeout

Tech leaders like Elon Musk, Jeff Bezos, Mark Zuckerberg, and Jensen Huang saw their net worth decl…

Kelsey Vlamis   


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8 mins read

Here's how much money I made as a software engineer at Meta, Apple, and Oracle

A 32-year-old software engineer shares how he went from making $15,000 as a fresh grad to nearly $7…

Robin Madell   


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2 mins read

Tech drags US stocks lower as Oracle drops and Apple slides after iPhone event

The Nasdaq dropped for the first time in three days and tech names broadly moved lower. Investors a…

Phil Rosen   


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Oracle's biggest critic, Goldman Sachs, admits it was wrong about rating the stock a sell

Goldman Sachs' analyst finally upgraded his rating on Oracle as the database giant surprised Wall S…

Julie Bort   


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1 min read

Stock market today: US stock futures dip as Wall Street waits for key inflation data

US stocks look set to start the week lower as traders await clues on the Federal Reserve's next int…

Polly Thompson