Investing

The Reserve Bank of Australia is expected to keep rates on hold at 4.35% when it meets this afternoon after softer-than-expected inflation data and a share market bloodbath.

The price of Bitcoin hit its lowest mark since February, reversing months of gains.

Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.

The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.

Christian Angermayer is seemingly behind every flashy investment of the last decade. With boundless bravado and a roster of famous friends—including Peter Thiel, Uma Thurman, and the president of Rwanda—he’s getting ready to launch an Olympiad for athletes on steroids.

Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.

Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.

Founder Tim Fung has turned his jobs marketplace, Airtasker, into a household name thanks to shrewd deals giving media companies a slice of the action, but cracking the US hasn’t been quite so simple

As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.

A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.