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Investing

Asides

Foot Locker shares plummet 33% after sales decline

The company attributed a dip in comparable sales to “consumer softness.”

  • By Ty Roush
  • Forbes Staff

The Aussie hydrogen conglomerate eyeing a North American listing

United H2 Limited (UHL) launched in 2019 and has since formed the world’s largest hydrogen conglomerate. Now, it’s planning a dual listing, and expects to achieve a valuation of $1 billion.

  • By Anastasia Santoreneos
  • Forbes Staff

X will start hiding news headlines as Musk urges journalists to ‘publish directly’ on platform

Musk reportedly wants to change how news links currently appear on Twitter by removing the headline and only displaying the article’s lead image.

  • By Siladitya Ray
  • Forbes Staff

Nvidia stock hits all-time high after 315% surge – easily outpacing its peers

Led by the “godfather of AI,” Nvidia is expected to report a quadrupling of EBITDA this quarter.

  • By Derek Saul
  • Forbes Staff

New York to Paris in 90 minutes. Can this startup make it happen?

Hermeus’ audacious plan to build a passenger plane able to travel at Mach 5 is a longshot, but it’s won Pentagon backing.

  • By Jeremy Bogaisky
  • Forbes Staff

Follow the funds: Australia’s daily VC deals

Forbes Australia presents the latest in the world of Venture Capital every day. For the latest news on funds, innovation and the businesses attracting the money, visit us here.

  • By Jane Lindhe
  • Forbes Staff

Blockchain Capital’s Bart Stephens lost $6.3 million in SIM-swap crypto hack

Bart Stephens, cofounder and managing partner of crypto fund Blockchain Capital who was an early and prominent evangelist for cryptocurrencies, has filed a lawsuit against an anonymous hacker who stole $6.3 million of bitcoin, ether and other cryptocurrencies from his digital wallets.

  • By Iain Martin

Why Elon Musk removed the ‘blocked’ feature on X in latest Twitter change-up

X owner Elon Musk said users will still be able to mute other accounts, but said blocking “makes no sense.”

  • By Brian Bushard
  • Forbes Staff

LinkedIn says ChatGPT-related job postings have ballooned 21-Fold since November

Fear over artificial intelligence replacing jobs has dominated many of the headlines around AI and work. But job boards LinkedIn, ZipRecruiter and Indeed are seeing the number of new AI-related jobs grow exponentially, too.

  • By Emmy Lucas

The average Aussies’ net-worth revealed

Australian adults lost more than US$80,000 across 2022 compared to 2021, due in large part to stock market losses, the 2023 UBS Global Wealth Report has revealed.

  • By Anastasia Santoreneos
  • Forbes Staff
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