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Investing

Asides

Tiger Woods is leaving Nike after 27 years – a deal that helped him mint a billionaire

Woods reportedly pocketed $500 million over his 27 years with Nike.

  • By Derek Saul
  • Forbes Staff

How ChatGPT and Billions in investment helped AI go mainstream in 2023

As investors poured billions into generative AI tools, society started facing difficult questions about a technology that’s quickly becoming transformational.

  • By Rashi Shrivastava

BioPak expands into Hong Kong on $486 billion green packaging wave

BioPak, which aims to disrupt the 3.5 million tonne plastic packaging industry, talks exclusively with Forbes about its expansion.

  • By Anastasia Santoreneos
  • Journalist & List Editor

‘Not even trace amounts’: Elon Musk’s alleged drug use sparks concern among Tesla, SpaceX execs

The billionaire claimed he has been taking random drug tests since he smoked marijuana on an episode of the “Joe Rogan Experience.”

  • By Zachary Folk

Billionaires—Musk, Cuban, Ackman—clash over DEI. Here’s how it became a target

Mark Cuban and Elon Musk quarreled on social media this week over the intent of diversity, equity and inclusion initiatives following the controversial resignation of Harvard University’s first Black president.

  • By Derek Saul
  • Forbes Staff

McDonald’s blames ‘misinformation’ about stance on Gaza War for hurting Middle East business

McDonald’s CEO Chris Kempczinski said “war and associated misinformation” was hurting the company’s performance in the Middle East—as more American companies feel coll…

  • By Zachary Folk

Apple stock downgraded again citing iPhone sales concerns

Apple has lost roughly $160 billion of market value so far in 2024 as analysts warn about the stock’s growth potential.

  • By Derek Saul
  • Forbes Staff

This CEO led Affirm to its US$24 billion IPO. Now she’s with an Aussie tech company – and plans to take it big

Silvija Martincevic is the CEO of Deputy – an Aussie HR software firm for shift workers. Martincevic, who joined Affirm when it was worth about US$100 million, led the company to its US$24 billion IPO. She says Deputy is on a similar trajectory to ‘massive global scale’.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Stocks decline again as US Fed won’t budge on rate cuts

The tech-heavy Nasdaq has shed almost 3% so far in 2024, its worst two-day stretch in more than two months.

  • By Derek Saul
  • Forbes Staff

Why Is TikTok obsessed with Stanley Cups? The water bottle craze racks up millions of views and lots of revenue

Stanley’s annual revenue reportedly jumped tenfold over the last four years, largely thanks to the mega-viral TikTok craze.

  • By Conor Murray
  • Forbes Staff
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