Bernard Arnault’s fortune up $19 billion as LVMH earnings boost stock
The stock surge also pushes LVMH’s market cap to €304.89—making it Europe’s second most valuable company by market cap.
Siladitya Ray, Forbes Staff
Hamas releases all 20 surviving hostages under Gaza ceasefire deal
Hamas has released all 20 living hostages in its custody as part of a ceasefire deal brokered by President Donald Trump who arrived in Israel on Monday.
AMD shares surge 30% after multibillion-dollar deal with OpenAI
OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.
‘Send them off’ the planet: Jane Goodall criticised Musk and Trump before her death
The renowned conservationist’s last major interview, recorded back in March, has received a posthumous release on Netflix.
Nvidia will invest $5 billion in rival chipmaker Intel
Nvidia’s investment in its struggling rival comes less than a month after the U.S. government took a 10% stake in Intel.
Meta shares rise in premarket after it unveils new $799 AI smart glasses
CEO Mark Zuckerberg claimed the company’s new Meta Ray-Ban Display are “ideal form factor for personal superintelligence.”
Elon Musk threatened to quit Tesla before $1 trillion compensation deal
To receive the maximum compensation, Musk would be required to boost Tesla’s market cap from $1 trillion today to $8.5 trillion in the next 10 years.
Google shares hit record high after judge doesn’t order it to be broken up
The ruling also boosted Apple’s shares, as Google will be allowed to continue paying the iPhone maker billions every year to remain the default search engine on its devices.
Death toll in Afghanistan earthquake rises to 800—More than 2,500 injured
The epicenter of the 6.0 magnitude temblor struck near the Afghan-Pakistan border, and the death toll is expected to rise.
Tesla approves $30 billion stock award for Elon Musk
The move comes after a Delaware court voided an early multibillion-dollar compensation package for Musk following a shareholder lawsuit.