TikTok is expected to generate over $10 billion in ad revenue this year, which would eclipse Twitter and Snapchat. ikTok might not rake in as much money as Meta or Google yet, but the company is still rapidly growing and showing resilience in an economic slowdown.
Yesterday was a big one for stocks. All major indices subsequently had their best day since 2020 because inflation cooled.
Amazon set the record as the first company in history to wipe $1 trillion off its valuation. Amazon saw double-digit revenue growth during 2020 and 2021, but the company couldn't sustain that pace forever.
An Oregon man made $300 million over the past few years, but his business came to a screeching halt when he was charged with fraud last week. Americans are investing in sneakers as alternative assets while the stock market wavers.
Musk’s Twitter takeover got even more chaotic this weekend. After firing 3,700 workers last week, the company is now asking some of the fired workers to come back.
