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Derek Saul, Forbes Staff

Asides

Amazon stock hits all-time high—Bezos’ net worth climbs $3.3 billion

Amazon hit a new record share price Thursday for the first time since July 2021, completing its dramatic recovery from its 2022 doldrums as investors seemingly can’t get enough of big technology stocks.

  • By Derek Saul
  • Forbes Staff

Google hits all-time high with US$2-trillion valuation in sight

Google parent Alphabet registered its highest share price ever on Tuesday, as the search engine titan rides the artificial intelligence wave to a historic valuation.

  • By Derek Saul
  • Forbes Staff

‘Poor man’s Twitter’: Reddit gets lukewarm Wall Street welcome

Reddit’s long-run vision of growing advertising revenues and profitability “are promises we’ve heard too many times,” according to Bernstein analysts.

  • By Derek Saul
  • Forbes Staff

Here’s why Tesla is the worst-performing major stock this year

It was a “nightmare quarter” for Elon Musk’s electric vehicle titan.

  • By Derek Saul
  • Forbes Staff

Reddit IPO: Stock rallies 60% in Wall Street debut

It’s arguably the most notable initial public offering of 2024 thus far.

  • By Derek Saul
  • Forbes Staff

Magnificent seven adds $250 billion on Gemini’s reported iPhone deal

An epic reported artificial intelligence partnership out of Silicon Valley sent stocks off to a hot start Monday ahead of a crucial week for markets.

  • By Derek Saul
  • Forbes Staff

Nvidia slump headlines broader stock losses as inflation fears creep back

Don’t look now, but semiconductor chip stocks are in a major slump.

  • By Derek Saul
  • Forbes Staff

Elon Musk falls further down rich list after Tesla tanks to 10-month low

Musk’s net worth is down almost $60 billion in 2024 alone, according to Forbes’ estimates, as Tesla stock tanked and a judge swatted down Musk’s record compensation package.

  • By Derek Saul
  • Forbes Staff

Ozempic maker Novo Nordisk now more valuable than Tesla

Novo Nordisk and Eli Lilly each have a higher market capitalization than Tesla, a dramatic shift from the end of 2021, when Tesla was worth four times more than each of the weight loss kingpins.

  • By Derek Saul
  • Forbes Staff

Apple stock near 4-month low as AI questions linger

Apple shares have underperformed the broader market on a 6-month, 12-month and 2-year basis as rival Microsoft surpassed Apple as the world’s most valuable company.

  • By Derek Saul
  • Forbes Staff
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