Report: Elon Musk Set To Be First Trillionaire By 2027
Elon Musk is on pace to become the world’s first-ever trillionaire by 2027, according to a new report.
Elon Musk is on pace to become the world’s first-ever trillionaire by 2027, according to a new report.
TIME Magazine placed actress Scarlett Johansson in the running, but left out tech mogul and AI program creator Elon Musk off of its yearly list of the “100 Most Influential People in AI.”
Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway has sold nearly $1 billion worth of shares in Bank of America in the past week.
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Wall Street’s stock indexes increased substantially on Friday, with the S&P 500 index climbing towards a record high, after Federal Reserve Chair Jerome Powell said “the time has come” to reduce interest rates.
Wall Street somewhat rebounded from a disaster on Tuesday, as main stock indexes grew over 1%. Investors searched for bargains after a global stock selloff and panic of a possible recession occurred on Monday.
Wall Street’s main indexes plummeted on Monday, as fears are continuing to grow that the United States is going into a recession following last week’s economic numbers ripping through global markets.
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Wall Street’s main indexes fell on Friday, while investors assessed the impact of a global cyber outage that knocked down CrowdStrike’s shares to an over two-month low.
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.