Stocks

Berkshire Hathaway, the conglomerate helmed by billionaire Warren Buffett, did not in fact lose almost its entire $900 billion market capitalization.

Move over Bernard Arnault. There’s a new wealthiest person on the planet.

The return to social media of the pandemic era meme stock captain didn’t just boost shares of fabled meme stock GameStop, it sent several other meme stocks up big, helping make the fortunes of billionaires linked to the entities even richer.

Tech stocks on Wall Street defied sticky inflation Friday to post their biggest gain in more than two months—easing market anxiety about a slowdown in economic activities—after blockbuster first-quarter earnings and continued betting on artificial intelligence fired up the valuations of major companies.

The Jersey-based owner of Petco and Swiss watchmaker Breitling is slated to start trading on the Amsterdam stock exchange on Friday with a valuation of up to $16 billion, enough to mint 10-figure fortunes for at least two co-founders.

Tesla stock notched another grim milestone Friday, extending stock year-to-date dive to over 40%, and there remains plenty of cause to remain highly cautious about the stock in the near term even as it grows cheaper.

“There is nothing I hate more, but it must be done,” Tesla’s centibillionaire CEO Elon Musk reportedly said about his company’s decision to eliminate more than 10% of its workforce.

The price of bitcoin surged to an all-time-high in March this year – and it’s expected to rise again as the cryptocurrency approaches its halving event in April.

Reddit’s long-run vision of growing advertising revenues and profitability “are promises we’ve heard too many times,” according to Bernstein analysts.

An epic reported artificial intelligence partnership out of Silicon Valley sent stocks off to a hot start Monday ahead of a crucial week for markets.