
Nvidia CEO Jensen Huang’s net worth rockets to $90 billion – now among top 20
The “godfather of AI” is a much richer man thanks to Nvidia stock’s more than 20,000% increase over the last decade.
The “godfather of AI” is a much richer man thanks to Nvidia stock’s more than 20,000% increase over the last decade.
Results are in for Nvidia’s monumental earnings report.
The return to social media of the pandemic era meme stock captain didn’t just boost shares of fabled meme stock GameStop, it sent several other meme stocks up big, helping make the fortunes of billionaires linked to the entities even richer.
Reddit’s first quarter as a public company was a strong one, with key metrics like its daily user count and average revenue per user smashing Wall Street estimates.
Q1 was the company’s best-ever quarterly profit thanks to whopping 62% year-over-year growth.
Former President Donald Trump is on the cusp of adding another $1.3 billion to his social media fortune, though the valuation of his company remains downright puzzling, likely putting in doubt how much of his stake he’ll ever be able to cash in on.
There are unusually high stakes surrounding Tesla’s upcoming earnings report, as Wall Street prepares for what is expected to be the company’s worst quarter in years by most mainstream metrics and investors prepare for more details on projects the company’s enigmatic CEO Elon Musk claims he’s close to betting the $450 billion company on.
Tesla stock notched another grim milestone Friday, extending stock year-to-date dive to over 40%, and there remains plenty of cause to remain highly cautious about the stock in the near term even as it grows cheaper.
Netflix faced a “tricky setup” heading into earnings as its stock already likely prices in much of the upside as its potential new consumer base dries up.
“There is nothing I hate more, but it must be done,” Tesla’s centibillionaire CEO Elon Musk reportedly said about his company’s decision to eliminate more than 10% of its workforce.