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Derek Saul, Forbes Staff

Asides

Alphabet Earnings: Google parent stock slides despite profit, sales beats

Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.

  • By Derek Saul
  • Forbes Staff

Netflix earnings: Subscribers swell to record 247 million as stock soars

Netflix reported nine million net subscriber additions exceeded analyst estimates.

  • By Derek Saul
  • Forbes Staff

Lululemon stock rallies to 52-Week high after joining S&P 500

The Canadian athleisure firm is on track for its second-largest share price surge of 2023.

  • By Derek Saul
  • Forbes Staff

Qatari Sheikh revokes US$6 billion bid for Manchester United – opening door for UK billionaire James Ratcliffe

Britain’s richest man Ratcliffe may now be on the cusp of taking over the Premier League’s most valuable team, though Bloomberg reports he may initially buy only a quarter of the club.

  • By Derek Saul
  • Forbes Staff

Trump’s SPAC loses nearly US$200 million in stock purchase deals

Shares of Digital World Acquisition Corp. are down more than 80% from last spring as its merger with Truth Social’s parent company faces increased hiccups.

  • By Derek Saul
  • Forbes Staff

Birkenstock shares tank 13% from IPO price in rare debut unlacing

The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.

  • By Derek Saul
  • Forbes Staff
Sam Bankman-Fried

Sam Bankman-Fried thought he had 5% chance of becoming US president, ex-girlfriend testifies

Caroline Ellison, the former CEO of FTX’s sister hedge fund Alameda Research, said her former colleague and love interest Bankman-Fried had high political ambitions.

  • By Derek Saul
  • Forbes Staff

Israeli shekel slumps to 7.5-year low amid war with Hamas

The shekel has shed 3% since Friday before the Hamas attack on Israel.

  • By Derek Saul
  • Forbes Staff

Donald Trump erupts after being left off The Forbes 400 list

Former President Donald Trump responded Monday to being left off of The Forbes 400 list of the richest Americans, levying several false allegations against Forbes.

  • By Derek Saul
  • Forbes Staff

General Motors stock slides: 3-year low amid $5 billion strike slump

General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker.

  • By Derek Saul
  • Forbes Staff
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