Software stocks—Oracle, Intuit, more—fall as Anthropic’s latest Claude model fuels AI concerns
The Google- and Amazon-backed AI startup fueled a global selloff in software stocks earlier this month.
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Netflix shares sink 6.5% in premarket after earnings—CEO talks up Warner deal
While Netflix’s earnings managed to beat Wall Street estimates, the company noted that increased spending on programming and the Warner deal could eat into profits.
Elon Musk closes in on US$800 billion net worth after XAI’s latest funding round
The world’s richest person added $62 billion to his fortune after private investors more than doubled the valuation of his AI and social media firm to $250 billion.
Elon Musk just became the first person ever worth $600 billion
The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.
Netflix ‘super confident’ in Warner Bros. deal after Paramount’s hostile bid
Netflix last week announced it would acquire Warner Bros. in a $83 billion deal.
What Australia’s wealthiest are doing with their money
Australia’s high-net-worth population is growing – fast – and the wealthiest of those saw their portfolios rise across 2025 despite episodes of volatility, a new LGT Wealth Management Report shows.
Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
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.
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.
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.