Saturday, January 11

Tag: stock exchange

Elon Musk, Jensen Huang, and the other billionaires who made bank in 2024

Elon Musk, Jensen Huang, and the other billionaires who made bank in 2024

Business
(L-R) U.S. President-elect Donald Trump, Tesla CEO Elon Musk, and Vice President-elect JD Vance. Tesla stock-- and Musk's wealth-- has actually escalated thanks to his connections with the inbound administration.Photo: Kevin Dietsch (Getty Images)2024 was a significant year for the world's most affluent Americans as the stock exchange continued to notch brand-new highs. The S&P 500 struck more than 50 record highs over the previous 12 months, with its very first taking place as early as Jan. 19. That's indicated significant financial wins for both financiers and individuals who manage or have big stakes in a few of the biggest business on the planet, specifically those in the more comprehensive tech market. Here are the billionaires who won one of the most in 2024. Spoiler alert: None of t...
Airline company stocks had an amazing 2024

Airline company stocks had an amazing 2024

Business
An airplanePhoto: Kevin Carter (Getty Images)In This StoryRegardless of opening the year with a door plug blowout whose fallout resounded throughout the market, U.S. airline companies had a respectable year in the stock exchange. Bloomberg reports that the S&P Supercomposite Airlines index increased 57% this year, beating the S&P 500 by more than 30 portion points-- the most significant such space in a years.Recommended ReadingHow AI is redefining professions, according to Deloitte CTO Bill BriggsRecommended ReadingThe year had some especially huge Wall Street flops amongst providers, with the now-bankrupt Spirit Airlines entering your mind. Its shares were delisted by the New York Stock Exchange and now trade amongst so-called cent stocks; they have actually lost almost all their worth. A...