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Investing

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Apple, Nvidia lead Big Tech’s $500 billion slump as Nasdaq limps to worst day since 2022

Large technology stocks flails as lower interest rates appear on deck and investors view a Trump presidency as increasingly likely.

  • By Derek Saul
  • Forbes Staff

Billionaire Sam Altman claims US$27 million San Francisco mansion is a total ‘lemon’

Billionaire OpenAI CEO Sam Altman reportedly claimed developers of his $27 million San Francisco estate rushed to sell the property, even with shoddy construction.

  • By Brian Bushard
  • Forbes Staff

Inside Elon Musk’s mad dash to build a Giant xAI supercomputer

Elon Musk is “hauling ass” on his supercomputer project in Memphis. But a whiplash deal, NDAs and backroom promises made to the city have lawmakers demanding answers.

  • By Sarah Emerson
  • Forbes Staff

Mark Cuban’s theory for Trump’s Silicon Valley support: Instability will help Bitcoin

“You can’t align the stars any better for a BTC price acceleration” than Trump’s economic blueprint, according to Cuban, who simultaneously predicted the decline of the dollar under Trump.

  • By Derek Saul
  • Forbes Staff

Elon Musk says X and SpaceX are moving headquarters from California to Texas

Musk said the decision was made because of a bill signed by California Gov. Gavin Newsom that prevents school districts from requiring employees to notify parents if a student wants to use different pronouns.

  • By Molly Bohannon

JD Vance and Peter Thiel: Inside the relationship between Trump’s VP and PayPal billionaire

Vance once worked for Thiel in venture capital and later received millions of dollars in donations from the billionaire during his Senate run.

  • By Antonio Pequeño IV

Elon Musk will give about US$45 million a month to support trump, reports

Musk is reportedly expected to donate to a new super PAC backed by his friends in the tech industry.

  • By Sara Dorn
  • Forbes Staff

Tesla boosts stocks to record highs as markets react to Trump assassination attempt

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.

  • By Derek Saul
  • Forbes Staff

The Candy Crush guys are secretly building a new startup

After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.

  • By Iain Martin

Meet the most powerful philanthropists in America: Warren Buffett’s kids

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.

  • By Lindsey Choo
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