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🚨 $110 million liquidated from the cryptocurrency market in the past 60 minutes.
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After a dreadful start to the year, Tesla's share price surged as much as 10% following the news as Wall Street proclaimed the company's worst days are behind it. From the market's perspective, that seems to be the case. After dropping more than 42% and bottoming out in late April, Tesla's stock has rebounded sharply. It's up more than 60% in a little over two months. Tesla's CEO also notched a massive victory when investors approved Elon Musk's $55 billion pay plan. #ElonMuskUpdates
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Jeff Bezos is cashing out some of his Amazon shares as the stock hit an all-time high this week. The Amazon cofounder filed a notice with the SEC to sell 25 million Amazon shares worth close to $5 billion on Tuesday. Bezos filed the notice after Amazon stock prices hit $200.43. Last week, Amazon's market cap also reached $2 trillion for the first time. Bezos will still have over 900 million Amazon shares after this share sale, so he's nowhere near handing off his stake in the company.
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Robert F. Kennedy Jr. has been linked to numerous bizarre headlines - including that a doctor once told him he had a worm in his brain but things just got a lot weirder. A Vanity Fair article published Tuesday contained an allegation that the independent presidential candidate once ate a barbecued dog. The article featured a picture that Kennedy an environmental lawyer -had sent to a friend in 2010, which showed him holding a crisp carcass of an animal and posing with an unidentified woman. Vanity Fair had a veterinarian examine the picture, and the vet told the outlet it was likely a canine carcass based on the number of ribs seen in the photo. The outlet added that Kennedy had told his friend who was traveling in Asia that he might like a restaurant that had dogs on the menu. Kennedy said: "The picture that they said is of me eating a dog it's actually me eating a goat in Patagonia on a white-water trip many years ago on the Futaleufú River." He added that the vet's assessment that the carcass was a dog was "just not true."
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Nvidia CEO Jensen Huang's indefatigable work ethic has helped turn the chip giant into one of the most valuable companies in the world. So it's perhaps no surprise that Huang's client and fellow billionaire, Elon Musk, is a fan of his management style. "Absolutely the right attitude," Musk said in an X post on Sunday. "During the toilet paper shortages of Covid, I was making sure that our factories and offices had toilet paper." Musk was responding to a clip of an interview Huang gave in March to Stanford's Graduate School of Business, where he talked about his experience working at the breakfast chain Denny's.
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