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ibotta
Business

Ibotta IPO Raises $577M, Tops Expected Range

Walmart-backed tech marketing firm Ibotta and its shareholders have successfully raised approximately $577.3 million through an initial public offering (IPO), surpassing the initially...

Google store, a play to reach more consumers
Business

Google’s Alphabet Hits Record High, $2 Trillion Valuation Nears

Alphabet, Google’s parent company, soared to new heights on Tuesday, reaching its highest share price ever. The tech giant’s stock hit an all-time...

2024 LIV Golf Florida
Business

Trump’s Social Media Stock Falls 50%, $3B Loss

Former President Donald Trump’s social media venture, Trump Media, continues its downward spiral in the stock market. Just two weeks ago, the company...

JPMorgan
Business

JPMorgan’s Dimon Warns of 8% Interest Rates and Recession Risk

Jamie Dimon, the CEO of JPMorgan Chase, has issued a detailed warning about the potential trajectory of the U.S. economy, painting a picture...

Musk Denies Tesla's Cheap EV Cancellation
Business

Musk Denies Tesla Scrapping Cheap EV for Robotaxis

Elon Musk, the billionaire CEO of Tesla, has vehemently denied recent reports suggesting that Tesla is scrapping plans for its long-awaited, affordable electric...

Los Angeles Economy
Business

Paramount Global Shares Surge 15% on Skydance Deal Talks

Paramount Global’s stock saw a sharp increase in the final moments of trading on Wednesday following news that Skydance Media, founded by Larry...

American Express Stock
Markets

American Express Stock Up 21% YTD: What’s Next?

American Express’ (NYSE: AXP) stock has surged 21% year-to-date, outpacing the S&P500’s 10% increase over the same period. Currently trading at $228 per...

Trump's Wealth Drops $1B as Truth Social Stock Tanks
Business

Trump’s Net Worth Plummets $1B as Truth Social-Linked Stock Crashes

Former President Donald Trump’s financial fortunes took a notable hit on Monday as the stock of his social media venture, Trump Media, experienced...

Billionairesworld's billionaires

The Visionary Journey of Yao Hsiao Tung: From Small Tool Maker to Manufacturing Giant

In the realm of business, the stories of transformational leaders who redefine the essence of innovation and success are both inspiring and instructive....

S&P 500 Notches Best February
Markets

S&P 500 Hits 9-Year High with Strong February Performance

In February, the stock market enjoyed a surprisingly robust performance, defying historical trends and delivering impressive gains across the board. The S&P 500,...