Shares

Spot bitcoin ETFs are finally here, attracting billions and challenging all pre-existing crypto-based ETFs. Does that spell the end for bitcoin futures funds? Not so fast. ProShares is doubling down.

Seven Group Holdings—controlled by billionaire Kerry Stokes—is offering to buy the rest of construction giant Boral for A$1.9 billion ($1.2 billion).

Shares of Super Micro Computer nosedived Friday as an analyst threw some cold water on the U.S.’ hottest stock, but shares of the company viewed as among the top pure artificial intelligence plays remain up an eye-popping level.

The drop in share price began in after-hours trading Friday after the company released earnings.

Shares of artificial intelligence leader Nvidia are up more than 400% since the beginning of last year, adding about $1.5 trillion to its market capitalization.

The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.

L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.

Disney’s latest earnings report left Wall Street “incredibly encouraged” after the entertainment king projected its best annual profit since 2018.

Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.

With $1 trillion in assets and unrivaled returns, the private equity giant has conquered Wall Street, but its 76-year old founder, Steve Schwarzman, isn’t finished. He wants total domination overseas as well— and the firm’s crown prince, Jonathan Gray, has built an ingenious weapon targeting vast amounts of global wealth.