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tech billionaires experience financial losses in first quarter of 2025

In the first quarter of 2025, prominent billionaires Elon Musk, Jeff Bezos, and Mark Zuckerberg experienced significant financial losses. This downturn highlights the volatility and challenges faced by even the wealthiest individuals in the current economic climate.

mobility technologies company streamlines operations and targets margin expansion by 2026

Gilbarco Veeder-Root's fuel dispenser business, valued at approximately $600-$700 million in North America, is positioned for long-term growth despite current low single-digit market expansion. The company has successfully diversified its supply chain, reducing reliance on China, and is focused on margin expansion through operational efficiencies and innovation in mobility technologies. With a strategic shift towards fewer global dispenser platforms, Gilbarco aims to enhance product standardization and improve profitability.
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