{
}
President Trump's announcement of new tariffs led to a significant market downturn, causing Elon Musk, Jeff Bezos, and Mark Zuckerberg to collectively lose over $80 billion in net worth. The tariffs, particularly affecting tech stocks reliant on international manufacturing, resulted in the largest two-day loss ever recorded for the world's richest individuals. While Musk's fortune dropped by $130 billion this year, some billionaires like Dan Gilbert and Carlos Slim saw gains amidst the turmoil.
Elon Musk believes AI could be instrumental in achieving a perfect March Madness bracket, potentially winning Warren Buffett's challenge. During the launch of his xAI model, Grok-3, Musk highlighted its research capabilities, suggesting that a $40 subscription could lead to a billion-dollar prize, despite the odds being 9.2 quintillion to one. However, only Berkshire employees are eligible for the grand prize, which has never been claimed since the contest began.
Rocket Mortgage is suing the U.S. Department of Housing and Urban Development (HUD) to dismiss allegations of discrimination related to low appraisals affecting a Black borrower. The lender argues that federal law prevents them from influencing appraisals while being required to use independent appraisers, leading to conflicting regulatory mandates.
Rocket Mortgage LLC
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
trump tariffs trigger historic losses for world's richest billionaires
United States Dollar
Amazon.com, Inc.
Grupo Carso, S.A.B. de C.V.
América Móvil, S.A.B. de CV
Tesla, Inc.
Rocket Mortgage LLC
IND
TWN
USA
Elon Musk
Jeff Bezos
Mark Zuckerberg
Carlos Slim
Dan Gilbert
Show more
15:05 05.04.2025
elon musk suggests ai could help win warren buffett's march madness challenge
United States Dollar
Rocket Mortgage LLC
Berkshire Hathaway Inc.
USA
Dan Gilbert
Warren Buffett
Elon Musk
Show more
18:06 18.02.2025
Rocket Mortgage Challenges Discrimination Claims Over Appraisal Practices in Court
17:47 05.12.2024
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Market Analysis and Predictions
Banking Regulations
Global Trade Developments
CEO Changes
Industry Mergers & Acquisitions
Supply Chain Management
Workplace Trends
Hedge Funds & Private Equity
Startups & Entrepreneurship
Central Bank Actions
Government Economic Policies
Financial Scams and Security
Banking & Investment Regulations
Government Policies
Countries:
Companies:
BNP Paribas SA
Barclays PLC
Deutsche Bank RV Global PP
Tesla, Inc.
Raiffeisen Bank International AG
Apple Inc.
Strabag SE
Citigroup Inc.
JPMorgan Chase & Co.
UBS Group AG
Bank of America Corporation
Morgan Stanley
The Goldman Sachs Group, Inc.
Kering S.A. (ADRs)
Berkshire Hathaway Inc.
Berner Kantonalbank AG
Lam Research Corporation
Boeing Co
HSBC Holdings plc
Healthcare Services Group, Inc.
Currencies:
United States Dollar
Euro
Chinese Yuan
Swiss Franc
Indian Rupee
British Pound Sterling
Japanese Yen
Vietnamese Đồng
Hong Kong Dollar
Australian Dollar
Russian Ruble
Brazilian Real
Filipino Peso
Malaysian Ringgit
United Arab Emirates Dirham
South African Rand
Indonesian Rupiah
South Korean Won
People: