Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion
Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday.
Fortune1d
Nvidia’s market cap could more than triple to $10 trillion as it enjoys an ‘impenetrable’ advantage over AI rivals, analyst says
Nvidia CEO Jensen Huang gets ready to throw the ceremonial first pitch before a game between the CTBC Brothers and Wei Chuan ...
Fortune5h
We’re about to get central bank rate cuts soon—but not from the Federal Reserve: Here’s who is expected to ease in the coming week
The European Central Bank, led by Christine Lagarde, is expected to cut its benchmark rate on Thursday. Hannes P. Albert ...
Fortune2d
British supermarket Tesco is laser-tattooing avocados to cut plastic pollution. Will it make any difference?
Avocados have surged in popularity in Britain. Jason Alden/Bloomberg via Getty Images Britain’s largest supermarket, Tesco, ...
Rolex watches are getting more expensive because gold prices have soared to record highs
The price of gold has surged 14% this year, touching an all time high of $2,450 an ounce in May.
Fortune13h
Nvidia says next-gen AI platform Rubin to come in 2026 as CEO Jensen Huang touts chip giant’s tech to handle ‘computation inflation’
Nvidia CEO Jensen Huang said Sunday the company plans to upgrade its AI accelerators every year. Annabelle Chih—Bloomberg via ...
Fortune6h
Home prices could start dropping this summer, marking the ‘first domino to fall’ on the way to a weaker economy, strategist says
"The housing market is really the first domino to fall on what we think is going to be a slower growth story down the road," said ...
Rachel Romer built a $4.4 billion education unicorn by 34—then she had a stroke. Now her CEO successor reckons with Guild’s new chapter
Guild had always tried to develop a path forward for American workers, but Romer’s ordeal forced her and her team to contend with the startup’s own future.
As the climate heats up, meteorology emerges as the new hot degree on Wall Street
As financial firms seek an edge in commodities and energy markets, they’re increasingly turning to climate scientists for an ...
Fortune16h
Former Yum Brands CEO: How active learning took me from 30 trailer parks to the helm of a $32 billion global corporation
David Novak is the cofounder and former CEO and chairman of Yum Brands. He’s also the author of his latest book How Leaders ...
Fortune2d
This is the year to invest in women’s health. Here’s why
Female Founders Fund Anu Duggal, the founding partner at Female Founders Fund, guest wrote today’s Term Sheet essay on how ...
Fortune2d
U.K. millennials will probably never experience the same income boom as Gen X and baby boomers, major study shows
Whether you’re Gen Z, a baby boomer, or somewhere in between, if you’re an adult living in the U.K., you’ve probably had ...