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Investing

Asides

Elon Musk says new AI chatbot Grok will rival ChatGPT

Musk debuted xAI’s AI chatbot Grok over the weekend, though it is in a “very early beta” stage and only available to certain X subscribers.

  • By Robert Hart
  • Forbes Staff

Rinehart could be the world’s first lithium queen

She’s not there yet but iron ore billionaire Gina Rinehart is on her way to being crowned the world’s first lithium queen.

  • By Tim Treadgold - Contributor

Get ready for a Melbourne Cup day rate rise

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

  • By Stewart Hawkins
  • Managing Editor

How not to invest stupid and other smart money lessons from a Shark Tank billionaire

John Paul DeJoria went from living out of a car to becoming a shampoo and tequila billionaire. Some forty years after he struck it rich, he shares investing wisdom he’s gained along the way.

  • By Maneet Ahuja

How a false shoplifting charge inspired this entrepreneur to build an empire

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.

  • By Diane Brady
  • Forbes Staff

Beauty giant Estée Lauder’s stock crashes 19% to 6-year low—Heirs lose nearly $3 billion

The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.

  • By Derek Saul
  • Forbes Staff

WeWork stock plummets 50% after impending bankruptcy reports

WeWork, a company once valued at $47 billion, now sells for around $1.12 per share at a market capitalization of $59 million.

  • By William Skipworth

‘Did a lot of damage’: Tim Gurner’s on-stage admission at Forbes Australia Business Summit

Tim Gurner admits he deserved the intense backlash he received after suggesting Australia’s unemployment rate should increase 40 – 50%.

  • By Samuel Hussey
  • Head of News & Life

How much is X worth? Half what Elon Musk paid

A new employee stock plan revealed the company is worth $19 billion, 55% less than the $44 billion Musk paid for it last year.

  • By William Skipworth

Meta launching paid subscriptions to use Facebook and Instagram Ad-Free In Europe

Subscriptions will be available for any user over 18, while Meta explores providing younger users with a “useful and responsible ad experience.”

  • By Ty Roush
  • Forbes Staff
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