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The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year

The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year

The 20 richest tech billionaires have collectively lost nearly half a trillion dollars this year amid the stock market’s sharp tumble, a loss of wealth that is more than the market values ​​of all but seven companies in the S&P 500. The world’s richest tech moguls—including Mark Zuckerberg, Bill Gates and Larry Ellison—have seen more …

The 20 Richest Tech Billionaires Have Lost Nearly Half a Trillion Dollars This Year Read More »

US stocks mostly higher as strong economic data lifts sentiment ahead of Powell's speech

US stocks mostly higher as strong economic data lifts sentiment ahead of Powell’s speech

US stocks traded mixed at the noon hour on Thursday with the S&P 500 and Nasdaq Composite headed for back-to-back gains following a batch of strong economic data as investors waited to hear from Federal Reserve Chairman Jerome Powell. How stocks are trading S&P 500 SPX rose 18 points, or 0.4%, to 4,158. Dow Jones …

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Elon Musk's legal team has publicly filed its official response to Twitter's lawsuit  CNN Business

Elon Musk’s legal team has publicly filed its official response to Twitter’s lawsuit CNN Business

New York CNN Business — Elon Musk’s legal team on Friday made public its official response to Twitter’s lawsuit attempting to force him to complete their $44 billion acquisition deal. In the answer to Twitter’s complaint, which includes counter-claims against the company, Musk’s team attempts to refute the company’s allegations that the Tesla CEO is …

Elon Musk’s legal team has publicly filed its official response to Twitter’s lawsuit CNN Business Read More »