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Stocks

Asides

Apple design guru Jony Ive set to become a billionaire thanks to Open AI deal

The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.

  • By Phoebe Liu

Trump administration says it reached a trade deal with China—though details remain unknown

Representatives from China and the U.S. met for a second day Sunday to discuss trade policies amid fallout from President Donald Trump’s tariff plan.

  • By Molly Bohannon
Billionaire investor Warren Buffett, 94, announced Saturday he will leave his role as Berkshire Hathaway’s CEO by the end of the year

Warren Buffett says he will step down as Berkshire Hathaway CEO

Billionaire investor Warren Buffett, 94, announced Saturday he will leave his role as Berkshire Hathaway’s CEO by the end of the year.

  • By Antonio Pequeño IV

Apple stock slips as Tim Cook says he expects $900 million Q2 tariff hit

The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share buyback program.

  • By Derek Saul
  • Forbes Staff

‘Absolutely false’: Musk and Tesla Chair dismiss report saying carmaker sought to replace CEO

Concerns about Tesla’s plunging stock prompted board members to hunt for a successor to CEO Elon Musk, according to the Wall Street Journal.

  • By Siladitya Ray
  • Forbes Staff
Hundreds of billionaires are poorer since Trump took office. Here are the few who have lost—or gained—the most.

The biggest billionaire winners and losers of Trump’s first 100 days

Hundreds of billionaires are poorer since Trump took office. Here are the few who have lost—or gained—the most.

  • By Chase Peterson-Withorn
  • Forbes Staff

The top US stock of Trump’s first 100 days: Peter Thiel’s Palantir

Up 54% since Trump took office, Palantir has emerged unscathed from the S&P 500’s worst start to a presidency in 51 years.

  • By Derek Saul
  • Forbes Staff

Tesla Earnings: Elon Musk’s firm reports worst quarterly profit since 2021

Tesla’s $19.3 billion revenue was far below analyst forecasts of $21.3 billion.

  • By Derek Saul
  • Forbes Staff

7 key diversification strategies to secure your investment portfolio

Diversification reduces risk and increases the likelihood of more stable, long-term returns. 

  • By True Tamplin

The tenacious trio behind Treasury Wine Estate’s female-focused Drop of Sunshine

Seeing a gap in the market for a female-focused wine, TWE and Reese Witherspoon’s Hello Sunshine teamed up to introduce a new wine brand to US and Australian audiences. The red, white, and sparkling results are just as sunny as you might imagine.

  • By Shivaune Field
  • Business Journalist
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