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Derek Saul, Forbes Staff

Asides

Billionaires—Musk, Cuban, Ackman—clash over DEI. Here’s how it became a target

Mark Cuban and Elon Musk quarreled on social media this week over the intent of diversity, equity and inclusion initiatives following the controversial resignation of Harvard University’s first Black president.

  • By Derek Saul
  • Forbes Staff

Apple stock downgraded again citing iPhone sales concerns

Apple has lost roughly $160 billion of market value so far in 2024 as analysts warn about the stock’s growth potential.

  • By Derek Saul
  • Forbes Staff

Stocks decline again as US Fed won’t budge on rate cuts

The tech-heavy Nasdaq has shed almost 3% so far in 2024, its worst two-day stretch in more than two months.

  • By Derek Saul
  • Forbes Staff

Apple stock’s plunge spurs $200 billion big tech rout as Nasdaq tallies worst day in months

In its first trading session after finishing out an explosive 2023, the tech-heavy Nasdaq tumbled 2%.

  • By Derek Saul
  • Forbes Staff

Pfizer stock sinks to 10-year-low: Here’s why investors have soured on the Covid-era giant

Pfizer stock’s struggles continued Wednesday, as shares of the healthcare titan dropped to their lowest level since before the Covid-19 pandemic,

  • By Derek Saul
  • Forbes Staff

Here’s Charlie Munger’s simple advice about estate planning—as tributes pour in for Berkshire Hathaway legend

The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.

  • By Derek Saul
  • Forbes Staff

Microsoft stock hits all-time high after hiring OpenAI’s fired CEO Sam Altman

Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.

  • By Derek Saul
  • Forbes Staff

‘Grand Theft Auto’ hype sends Take-Two stock to 2023 high

Shares of the “Grand Theft Auto” maker are up 13% since the company said last week it will soon release a trailer for the series’ sixth installment.

  • By Derek Saul
  • Forbes Staff

Pfizer stock hits 3-year low — down 50% from 2021 peak

Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.

  • By Derek Saul
  • Forbes Staff

Will the Ozempic weight loss craze hit fitness stocks? Here’s what analysts predict

Analysts say early evidence suggests weight loss drugs will help, not hurt, the exercise sector as the trickle down effects of weight loss can “trigger” beneficial consumer behaviour changes.

  • By Derek Saul
  • Forbes Staff
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