Tesla Inc. Chief Executive Officer Elon Musk has decided to let go of $5 billion worth of stock in the company. This comes after the billionaire created a poll on Twitter to ask his followers whether or not they thought it would be a good idea for him to...
Amazon founder Jeff Bezos has reclaimed the title of the world's richest person this week, unseating Tesla and SpaceX pioneer Elon Musk. This comes after Tesla Inc. stocks slipped by 2.4% during Tuesday's trading.
Having help at the top spot for six weeks, Elon Musk lost approximately $4.5 billion as...
Elon Musk cashed in on his Tesla stock holdings earlier this week, selling 7.9 million shares worth approximately $6.9 billion. This is the second time this year that the CEO of the electric car maker offloaded Tesla stock. He previously sold 9.6 million shares back in April and got...
90-year-old business tycoon Warren Buffet has become the latest billionaire to reach a net worth of $100 billion according to the Bloomberg Billionaires Index. There, he joins Amazon founder Jeff Bezos, Tesla and SpaceX CEO Elon Musk, and close friend and Microsoft co-founder Bill Gates.
This came as Berkshire Hathaway...
Whitney Tilson invested in Netflix when it was only at $7.78 a share. Now that Netflix is the massive streaming giant it is today, everyone wants to know what this man's secret is. Thankfully, he's more than willing to give his pearls of wisdom.
But investing in Netflix wasn't his...
The desire to save money has been more popular than ever amongst Americans lately. What with the coronavirus pandemic, lockdowns, and unemployment skyrocketing in 2020, last year caused a panic that led citizens to (smartly) save their hard-earned cash as much as possible.
Although we didn't necessarily need anyone to...
In what was a highly unexpected move, the Warren Buffett-led company Berkshire Hathaway Inc decided to shed its investment in Wells Fargo, selling the vast majority of its stocks in the bank. Berkshire first invested in Wells Fargo, the 4th largest U.S. bank, in 1989. This decision was largely...
Extend, a startup aimed at helping businesses offer product warranties, revealed on Tuesday that it had raised as much as $260 million in its latest round of fundraising efforts, which were led by SoftBank Group Corp's Vision Fund 2. In response to the company's overwhelming success, Nagraj Kashyap, managing...