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Oracle’s Larry Ellison made his 5 billion fortune by breaking every rule of wealth management
Business

Oracle’s Larry Ellison made his $365 billion fortune by breaking every rule of wealth management

A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Larry Ellison built the world’s second-largest fortune by holding on to his Oracle shares over nearly five decades of ups and downs. At the […]

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Lyft shares pop on Waymo deal to bring robotaxis to Nashville next year
Technology

Lyft shares pop on Waymo deal to bring robotaxis to Nashville next year

Waymo has partnered with Uber to get its robotaxis into Atlanta and Austin, Texas. Now it’s teaming up with Lyft for the first time in a commercial deal to enter Nashville next year. Lyft stock climbed more than 10% on the news. Riders in Nashville will be able to hail a Waymo robotaxi through the […]

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Ten years after selling Periscope to Twitter, startup’s co-founder raises  million for Macroscope
Technology

Ten years after selling Periscope to Twitter, startup’s co-founder raises $40 million for Macroscope

Macroscope employees. Macroscope It’s been a decade since Kayvon Beykpour sold Periscope to Twitter for a reported $100 million, allowing the social media site to jump into livestreaming. Twitter shuttered Periscope in 2021, and the parent company, now called X and owned by Elon Musk, gravitated to a live events product called Spaces. Meanwhile, Beykpour, […]

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Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more
Finance

Stocks making the biggest moves premarket: Nvidia, Alibaba, Workday, Netflix and more

Check out the companies making headlines before the bell: Nvidia — The artificial intelligence chip darling dropped more than 1% after a report by the Financial Times , which cited three people with knowledge of the matter, said China’s internet regulator has banned the biggest tech companies in the country from buying Nvidia’s AI chips. […]

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Tesla FSD turns off more U.S. consumers than its attracts, survey finds
Technology

Tesla FSD turns off more U.S. consumers than its attracts, survey finds

Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk’s fervent promotion of Tesla‘s self-driving technology isn’t doing much to win over prospective buyers. According to a new survey, more U.S. consumers say that […]

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple
Technology

Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw […]

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Europe markets set to open higher as investors assess Nvidia results
World

Europe markets set to open higher as investors assess Nvidia results

European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial […]

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How China’s electric vehicle juggernaut is reshaping the global car market
World

How China’s electric vehicle juggernaut is reshaping the global car market

Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world […]

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Kimbal Musk on Elon’s Tesla pay package: ‘My brother deserves to be paid’
Technology

Kimbal Musk on Elon’s Tesla pay package: ‘My brother deserves to be paid’

FILE PHOTO: Kimbal Musk speaks onstage at Move Over NFTs. Here Come the DAOs during the 2022 SXSW Conference and Festivals at Austin Convention Center on March 14, 2022 in Austin, Texas. Chris Saucedo | Getty Images Kimbal Musk, the younger brother of the world’s wealthiest person, said Elon Musk “deserves to be paid,” as […]

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The AI party isn’t over — these will be the winners and losers, Wedbush’s Dan Ives says
World

The AI party isn’t over — these will be the winners and losers, Wedbush’s Dan Ives says

The artificial intelligence party isn’t over yet despite fears of a bubble, according to tech bull Dan Ives — and he’s got a handful of names in mind as winn ing and los ing from the trend . “My view is, you’re going to have these digestion periods, but you cannot get too nervous,” Ives, […]

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