Snapchat founders lose billions after ‘violent’ 35% stock crash
Snap stock’s “violent” 35% crash Wednesday was the third-worst daily drop in Snap’s history.
Derek Saul, Forbes Staff
Tesla is now worth $110 billion less than weight loss drug maker Eli Lilly
Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.
Tesla stock sinks to 9-month lows as Musk controversies leave ‘black cloud’
Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.
Tech Mania: Meta stock has best day in a decade as Amazon shares hit 2-year high
But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.
Tesla Stock Heads Toward 8-Month Low After 23% Annual Profit Decline
Tesla stock dipped 9% premarket after the EV giant registered its first annual profit decline since 2017 and reported a double miss for Q4 earnings.
Microsoft becomes second company ever to top $3 trillion valuation
Microsoft joined Apple in the highly exclusive $3 trillion club Wednesday.
Netflix stock soars toward two-year-high as subscribers surge
About a fifth of all Americans and Canadians subscribe to Netflix, boosting the streaming titan to record 2023 profits.
Meta stock sets record high – How it emerged from 77% plunge and Metaverse fiasco
Mark Zuckerberg’s social media giant has lost $25 billion in Zuckerberg’s pet metaverse division since 2022, but investors have been lured back by record profits in the core social media business.
First spot Bitcoin ETFs approved by US regulators in historic move for crypto industry
Investors no longer have to go through a crypto-focused exchange to directly invest in bitcoin.
Tiger Woods is leaving Nike after 27 years – a deal that helped him mint a billionaire
Woods reportedly pocketed $500 million over his 27 years with Nike.