Zip Co raises $217 million to pay off debts
Buy now pay later firm Zip Co has banked $217 million in equity, and says it’ll use the funds to pay off its corporate debts.
Buy now pay later firm Zip Co has banked $217 million in equity, and says it’ll use the funds to pay off its corporate debts.
Large technology stocks flails as lower interest rates appear on deck and investors view a Trump presidency as increasingly likely.
After suffering a 33% price-drop from their 2022 all-time-high, natural diamonds are in a bit of a funk. Their lab-grown counterparts, however, and the businesses that sell them, are experiencing high demand.
Tesla stock, viewed by analysts as a beneficiary of a Trump Administration, gained 5% in the first day of trading after its CEO Elon Musk endorsed Trump following the attempt on Trump’s life.
Apple can generate a whopping $485 billion in iPhone revenues over the next two years as users upgrade to AI-enabled devices, according to Morgan Stanley analyst projections.
The three children of the Oracle of Omaha, already among the nation’s biggest givers, could end up giving away as much as $130 billion of their father’s fortune. Here’s what you need to know about their philanthropy so far.
Chris Kirchner was arrested in 2023 following a Forbes investigation that revealed he overstated company financials and spent lavishly on personal expenses.
Australia’s average wealth-per-adult increased by nearly 10% to $388,000 in 2023, more than twice the growth-rate of USB’s sample of 56 countries, according to the latest UBS Global Wealth Report.
A Forbes analysis found the country, with a 276% inflation rate, has the highest crypto adoption rate in the Western Hemisphere, but little use of the most trustworthy exchanges.
Quarterly funding has hit a six-quarter high thanks to a surge in mega-deals, but AI is not attracting as many investors at the hype would have you believe, Cut Through Ventures’ latest report shows.