Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark Monday, making it the first publicly traded company in history to hit such a market valuation. Shares were bouncing above and below the number during the day. Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its market cap hit $2 trillion. Microsoft (MSFT) is also potentially on its way to the $3 trillion mark after topping $2… Source link
Read More »Mavs owner Mark Cuban buys small Texas town of Mustang
Dallas Mavericks owner Mark Cuban, in a plot that feels way too similar to the hit show “Schitt’s Creek,” is now the owner of a small town in Texas. Cuban purchased the town of Mustang, Texas, this week, according to The Dallas Morning News, and now controls all 77 acres of the Navarro County, Texas, community. The longtime “Shark Tank” investor said a good friend needed to sell it, which is why he went through with the deal in the first place. “I don’t know what, if anything, I… Source link
Read More »Mark Zuckerberg’s metaverse could fracture the world as we know it — letting people ‘reality block’ things they disagree with and making polarization even worse
Facebook CEO Mark Zuckerberg shows off his vision for the metaverse during Facebook’s Oculus Connect conference on October 28, 2021.Facebook/Handout via REUTERS The so-called metaverse could give us our own virtual echo chambers and tailored realities. Advertisers and third parties could inject someone’s virtual world with ads and overlays unique to them. Experts told Insider the result could be a fractured reality where we all exist in different worlds. In the metaverse of the future, two… Source link
Read More »Facebook’s Mark Zuckerberg just ruined one of the biggest investing abbreviations ever
Facebook. Apple. Amazon. Netflix. Google. Five Big Tech giants known in investing circles simply as FAANG for years. That was until Mark Zuckerberg channeled his inner meta on Thursday. The FAANG investing acronym was created in 2013 by Jim Cramer, the founder of TheStreet (full disclosure, my former boss who also created the term “Cloud Kings“). It was both catchy as hell and true to form for the companies it represented. Think of a fang on a rabid dog and it’s not unlike all five tech… Source link
Read More »Mark Cuban just tripled his stake in Dogecoin — but his bet on these 2 stocks is 667x larger
Mark Cuban just tripled his stake in Dogecoin — but his bet on these 2 stocks is 667x larger Mark Cuban just tripled his stake in popular cryptocurrency Dogecoin — from $500 to $1,500. Of course, for a billionaire shark and owner of the Dallas Mavericks, that’s not exactly a big chunk of change. While Cuban has been highly supportive of Dogecoin, calling it the “people’s way to pay” back in August, he recently told Fox Business that he owns the token just “for fun.” “I’ve… Source link
Read More »Facebook CEO Mark Zuckerberg ‘starting to plant the seeds’ to step down: Author
When Amazon (AMZN) Chairman Jeff Bezos stepped down as CEO earlier this month and wasted no time launching into space, some may have wondered when Facebook (FB) CEO Mark Zuckerberg would step down from the tech giant he founded. In fact, Zuckerberg is already starting to prepare for his own exit, says Cecilia Kang, a New York Times technology reporter and co-author of a new insider account of Facebook called, “An Ugly Truth: Inside Facebook’s Battle for Domination.” Kang, whose book draws on… Source link
Read More »Investors are not pumped for Mark Wahlberg-backed fitness chain
F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link
Read More »Phillies RHP Aaron Nola ties Tom Seaver strikeout mark
Any time you tie a pitching record from Tom Seaver, it was probably a good day. Philadelphia Phillies pitcher Aaron Nola entered the history books on Friday by striking out 10 consecutive batters, tying but not breaking the New York Mets legend’s 51-year-old record. It was the first game of a planned doubleheader. Facing Seaver’s own Mets team, Nola opened the game by hitting Jeff McNeil with a pitch and allowing a double to Francisco Lindor, but then a run of sheer dominance began. Nola… Source link
Read More »Packers president Mark Murphy calls Aaron Rodgers ‘a complicated fella’
There’s still no movement on the situation between Aaron Rodgers and the Green Bay Packers. He didn’t report for the team’s mandatory minicamp earlier in the week, and the Packers haven’t given any clues about what they have done or plan to do to get him back on the field. So in the absence of any new information (or any information he wanted to share), Packers president Mark Murphy broke out an old quote from the late, legendary Packers GM Ted Thompson to describe Rodgers at a Lambeau… Source link
Read More »Mark Eaton, Jazz legend, dies at 64
Former Utah Jazz center has died. He was 64. (Mike Powell/Getty Images) Mark Eaton — one of the best defensive players ever — died Friday. The Utah Jazz confirmed the news to the Salt Lake Tribune on Saturday. Eaton was 64. Police received a call from one of Eaton’s neighbors Friday. That neighbor found Eaton unconscious with his bicycle on a road in Summit County. Eaton was taken to a hospital, where he was pronounced dead. His cause of death is not known at this time, though police do… Source link
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