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Stocks

Asides

Next Billion-Dollar Startups 2023

There are more than 50,000 venture-backed startups in the U.S., and only the tiniest fraction will ever reach a $1 billion valuation. Here are the 25 we think most likely to succeed.

  • By Amy Feldman

PayPal stock jumps nearly 3% after launching crypto stablecoin—here’s what to know

PayPal became the first online payment giant to enter the cryptocurrency arena on Monday by rolling out a stablecoin pegged to the U.S. dollar, sending its shares up nearly 3% despite a turbulent crypto market and as PayPal’s stock dipped to a six-year low in the wake of decreased consumer spending last year.

  • By Brian Bushard
  • 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

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

Activision Blizzard stock surges 11% after judge allows Microsoft merger

Activision Blizzard’s stock price peaked around $92 a share Tuesday after a federal judge in California ruled it could merge with Microsoft.

  • By William Skipworth

Forbes World’s Billionaires List 2023: The Top 200

Falling stocks, wounded unicorns and rising interest rates translated into a down year for the world’s wealthiest people.

  • By Forbes Wealth Team

Best US stocks of 2023’s first half: Nvidia leads big tech renaissance

Companies powering the generative AI rush are the top returners for all three major stock indexes this year.

  • By Derek Saul
  • Forbes Staff

These billionaires sold the most stock so far in 2023

Twenty-one of the world’s richest people, including Larry Ellison and Rob Walton, have unloaded shares worth more than $9 billion combined in the first half of this year.

  • By Matt Durot
  • Forbes Staff

The best and worst US small cap stocks of first half 2023

Bitcoin miners are surging thanks to a strong year for crypto, while ChatGPT is slamming stocks like online study-help company Chegg.

  • By Hank Tucker
  • Forbes Staff
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