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Asides

Pfizer stock hits 3-year low — down 50% from 2021 peak

Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.

  • By Derek Saul
  • Forbes Staff

Block founder Jack Dorsey’s $3m pledge to Indigenous entrepreneurs

The $3 million investment into First Australians Capital was made through Block’s social impact fund. Block is the Dorsey-founded parent company of Australian fintech super unicorn Afterpay.

  • By Shivaune Field
  • Business Journalist

Nurse turned billionaire: This Subway heir is one of the biggest philanthropists you’ve never heard of

Elisabeth DeLuca has already doled out $250 million of her fortune toward conservation and education and earmarked another $600 million to charitable foundations.

  • By Jemima McEvoy
  • Forbes Staff
Sam Bankman Fried

Bankman-Fried awaits sentencing, but the blockchain scene is already doing time

Sam Bankman-Fried is an albatross around the neck of blockchain entrepreneurs – and that’s a problem.

  • By Jason Titman - Contributor

Why the Las Vegas Grand Prix is Formula 1’s biggest bet ever

After years stuck in neutral, F1 is finally getting into gear in America, thanks to a high-rolling, 200-m.p.h. gamble in Sin City.

  • By Suzanne Rowan Kelleher
  • Forbes Staff

Humane debuts its Ai Pin – a $1000 screenless smartphone alternative

White it is primarily voice activated, it has a tiny projector to beam out laser icons and text on a user’s palm.

  • By Richard Nieva

Billionaire investor predicts when SpaceX’s Starlink will go public

Ron Baron, who reportedly owns a $1.7 billion stake in SpaceX, also expects the company to be worth $250 billion to $300 billion by that time.

  • By William Skipworth

Will the Ozempic weight loss craze hit fitness stocks? Here’s what analysts predict

Analysts say early evidence suggests weight loss drugs will help, not hurt, the exercise sector as the trickle down effects of weight loss can “trigger” beneficial consumer behaviour changes.

  • By Derek Saul
  • Forbes Staff

Turning amateurs into millionaires: Epic Games’ unreal money engine

In the battle royale of video game development, the gaming giant behind Fortnite is betting that crowdsourcing will lead to its next blockbuster title. And in just six months, the new program has turned a handful of amateur developers into millionaires.

  • By Matt Craig

Glasses full for Sydney brewery after $2 million crowdfunding raise

Its a David versus Goliath battle for the beers. Independent Sydney brewery Philter says the $2 billion Aussie craft beer sector is under assault.

  • By Shivaune Field
  • Business Journalist
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