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Meet the Queenslander named a Forbes Power Businesswoman

Amanda Lacaze has been at the helm of ASX-traded Lynas Rare Earths for a decade. The stock shot up 120% over the last year, amid China/U.S. trade tensions. Now, Lacaze is spearheading the capacity, certainty, and speed of the Australian/U.S. rare earth supply chain.

  • By Shivaune Field
  • Business Journalist
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders have become the youngest self-made billionaires ever.

The world’s youngest self-made billionaires are a trio of 22-year-old AI founders

With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires ever.

  • By Richard Nieva

Apple tops Microsoft as world’s second-most valuable company after stock rally

The surge in shares was fueled by the iPhone 17 outselling the iPhone 16 in China and the U.S., according to a report from Counterpoint Research.

  • By Antonio Pequeño IV

AMD shares surge 30% after multibillion-dollar deal with OpenAI

OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.

  • By Siladitya Ray
  • Forbes Staff

Asides

Elon Musk is now worth $500 billion. Image: Getty

Elon Musk just became the first person ever worth $500 billion

Musk is now half-way to becoming the first ever trillionaire.

  • By Matt Durot
  • Forbes Staff
Tesla

Tesla’s full-self driving software is a mess. Should it be legal?

Elon Musk hypes the AI-enabled system, and getting more people to buy it is key to his new pay package. But in a recent test, it ignored some street signs and squashed a mannequin child.

  • By Alan Ohnsman
  • Forbes Staff

Google shares hit record high after judge doesn’t order it to be broken up

The ruling also boosted Apple’s shares, as Google will be allowed to continue paying the iPhone maker billions every year to remain the default search engine on its devices.

  • By Siladitya Ray
  • Forbes Staff

Qantas profits soar 28% to $1.6 billion

Australia’s national carrier Qantas has seen statutory profits take off thanks to strong demand across all market segments.

  • By Anastasia Santoreneos
  • Journalist & List Editor
Why AI stocks are giving some investors dotcom bubble déjà vu

Why AI stocks are giving some investors dotcom bubble déjà vu

In 2000, internet darling Cisco was the world’s most valuable company. Today it’s worth half as much. Buyer beware for AI juggernauts like Nvidia and Palantir.

  • By Hank Tucker
  • Forbes Staff
Next Billion Dollar Startups

Next Billion-Dollar Startups 2025

This Forbes list highlights 25 venture-backed companies likely to become unicorns. Learn more about the founders and investors behind these fast-growing tech startups.

  • By Amy Feldman
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