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Investing

Asides

Cardano NFTs become third-largest NFT protocol by trading volume

Cardano is now the third-largest nonfungible token (NFT) protocol by trading volume

  • By Maria Gracia Santillana Linares
  • Forbes Staff
Jeff Bezos, Amazon Founder & Executive Chair and Laura Sánchez attend the Los Angeles premiere of Amazon Prime Video's "The Lord of The Rings: The Rings of Power" at The Culver Studios on August 15, 2022 in Culver City, California.

Jeff Bezos’ fortune drops US$66 billion so far this year

At Thursday’s quarterly earnings call, Amazon’s revenue projections for the current quarter fell significantly short of analysts’ expectations

  • By Rachel Sandler
  • Forbes Staff
Elon Musk. I

Musk takes over Twitter and fires CEO—Here’s what it could mean

Musk fired Twitter CEO Parag Agrawal and other top executives as his US$44 billion deal closed, CNBC first reported.

  • By Derek Saul
  • Forbes Staff

Mark Zuckerberg’s fortune drops US$11 billion in one day

Shares of Meta plunged after the company reported dismal quarterly earnings.

  • By Rachel Sandler
  • Forbes Staff
Deauville Legend ridden by Kieran McEvoy during trackwork at Werribee Racecourse on October 21, 2022 in Werribee, Australia. (Reg Ryan/Racing Photos via Getty Images)

Coming up on the markets

The upside surprise in inflation could mean an RBA cash rate increase of either 40 or 50 basis points.

  • By Stephen Miller
  • Contributor
Mark Zuckerberg, Chairman of Facebook,

Meta sticks to metaverse plans as already-meager sales evaporate

Focus on the metaverse comes as advertising revenues are under pressure.

  • By Maria Gracia Santillana Linares
  • Forbes Staff

Microsoft and Alphabet’s US$250 billion stock plunge fuels fears of earnings recession

One analyst predicts a slew of bad corporate earnings will continue through next quarter.

  • By Jonathan Ponciano
  • Forbes Staff
Elon Musk and Twitter

Twitter losing its most active users, report says

The number of “heavy tweeters” is in “absolute decline” amid a downturn in interest for news, sports and entertainment content, Reuters reported.

  • By Nicholas Reimann
  • Forbes Staff
Alibaba sign

Chinese top stocks shed nearly US$70 billion in US

The Nasdaq Golden Dragon China Index fell 14% Monday and is down nearly 80% from its February 2021 peak.

  • By Derek Saul
  • Forbes Staff
wind turbines on a hill

The $5 billion renewables fund backing the big green superpower opportunity

The new deals will be the catalyst for transformation of what is currently a Quinbrook portfolio business into a platform business.

  • By Richard Gluyas
  • Author
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