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How udon noodles made Japanese college dropout a billionaire

Takaya Awata, founder and CEO of Tokyo-listed Toridoll Holdings, best known for its popular udon noodle restaurants, has joined the ranks of billionaires. 

  • By Zinnia Lee
  • Forbes Staff

Roger Federer-backed shoe brand on takes a big swing at tennis

With $1 billion in sales and a stable of players that includes No. 1-ranked Iga Swiatek and young American star Ben Shelton, the surging Swiss running shoe company wants to become a tennis powerhouse. But first, they need a sneaker.

  • By Matt Craig

Robinhood shares jump after buying back Bankman-Fried’s $605m in seized shares

Robinhood’s shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.

  • By Brian Bushard
  • Forbes Staff

A $43 billion value investor’s winning formula for buying unloved foreign stock

Sarah Ketterer’s Causeway Capital is trouncing the competition using a mix of quantitative and fundamental analysis to find bargains among European stocks like Rolls-Royce and Ryanair.

  • By Hank Tucker
  • Forbes Staff

Foot Locker shares plummet 33% after sales decline

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

  • By Ty Roush
  • 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

Covid vaccine makers’ stocks crash to multiyear lows as sales keep sliding

Moderna and BioNTech shares both cratered to their lowest price in years Monday as the companies behind the most widely-circulated mRNA Covid-19 vaccines grapple with investor disappointment with crashing revenues.

  • By Derek Saul
  • Forbes Staff

World’s 10 richest people lose US$27 billion as tech stocks sink

History suggests the federal debt rating downgrade won’t impact stocks for long, as stocks continued their upward trajectory after a brief blip in the aftermath of the S&P’s similar decision 12 years ago.

  • By Derek Saul
  • Forbes Staff

Hundreds of RTX-made jet engines recalled over metal contamination – sending stock tumbling

Hundreds of Airbus jets are being recalled for an inspection after an issue was discovered in the engines

  • By William Skipworth

Spotify hikes prices for Aussie users

Popular music streaming platform Spotify has confirmed that they will be raising their prices from $11.99 to $12.99 a month for Premium users.

  • By Rosie Whittaker
  • Forbes Staff
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