Oracle chairman Larry Ellison and Nvidia CEO Jensen Huang lost tens of billions on paper as shares of their AI-focused companies suffered as DeepSeek sent a chill through Silicon Valley.
The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective fortunes in just over two weeks, respectively. Arnault's net worth soared on Thursday as LVMH stock surged 9% to close at its highest price since September. Arnault ...
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results. View on euronews
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective fortunes in just over two weeks, respectively. Arnault's net worth soared on Thursday as LVMH stock surged 9 ...
The retailer reneged on a pledge to pay some bonuses, which current and former employees say hurt the jeweler’s reputation.
The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),
President Donald Trump's first days in office already offer signals about how his next four years in the White House may unfold.
Stocks slumped, with Nasdaq futures briefly losing more than 5%, on concern that a cheaper artificial intelligence model from China threatens the dominance of US technology.