Browsing: Finance
Supermicro Chairman and CEO Charles Liang triumphantly announced to investors in early December 2024 that a special investigation spurred by…
Seahawks head coach turned down a cushy career in finance at KPMG for a football internship—12 years later, he won the Super Bowl at 38
The Seattle Seahawks just triumphed over the New England Patriots in Super Bowl LX, taking home the Lombardi Trophy after…
Tesla stock has never been more expensive by this measure—now boasting a ‘core’ PE of 632
Somehow, Elon Musk managed to garner pretty good notices from both Tesla’s performance in Q4, unveiled after the market close…
Archer Daniels Midland hit with $40M fine in price-fixing probe, 30 years after fraud scandal
In the 1990s, the agricultural giant was implicated in a price-fixing conspiracy that became the basis for the book—and later…
OpenAI CFO: There’s a ‘mismatch’ between AI’s abilities and what companies are capturing
Artificial intelligence is now being treated as core economic infrastructure, and OpenAI CFO Sarah Friar says most organizations are barely…
Ray Dalio warns that the monetary order is breaking down, leaving us with a terrible choice
Ray Dalio never misses an opportunity to cut to the chase. On Wednesday at Davos, speaking to Kamal Ahmed, Fortune’s executive…
The alphabet soup of interpretations for today’s economy has lately landed on the letter “K” to describe the diverging ways…
Last year was a roller coaster ride, but a market rebound has pushed mega banks’ stock growth nearly 30% and…
Robinhood’s CFO transition played out over 7 years and included a powerful mentorship story
Robinhood is known for propogating memestock mania, making its founders billionaires, and changing how Americans invest. But a model of…
Goldman Sachs expects layoffs to keep rising—and says investors are punishing the stocks of companies that slash staff
There used to be two types of layoffs: Those that investors cheered, and those that they panned. The first category—which…











