Market recap for Monday, April 23rd
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Market recap for Monday, April 23rd
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Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
FortuneWhy Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
You won't believe the amount of money that the bottler intends to return to shareholders.
Motley FoolBill Gates Harvests $113 Million In Nebraska Farmland, Takes Out $700 Million In Loans
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
BenzingaRivian reports mixed Q1 results but trims capex forecast and sees Q4 'gross profit'
Rivian reported mixed quarterly results for the first quarter, but will see further cost savings from shifting its upcoming R2 production to its Normal, Ill., plant and trimming its capital expenditure forecast.
Yahoo FinanceIf You'd Invested $10,000 in General Electric Stock 10 Years Ago, Here's How Much You'd Have Today
Prepare yourself for a big shock.
Motley FoolWhy Palantir Technologies Crashed on Tuesday
The company delivered blockbuster results, so why is the stock price plunging?
Motley FoolWhy Nvidia Stock Briefly Plunged and Then Recovered Today
Comments from Stanley Druckenmiller caused a quick plunge in the stock.
Motley FoolSigns of the Top? Warren Buffett Selling His Biggest Holding
Warren Buffett is selling his largest holding, and that's a huge deal.
Motley FoolArista Earnings, Revenue Top Estimates Amid New $1.2 Billion Buyback
Arista Networks reported first-quarter earnings and revenue that topped consensus estimates and announced a new $1.2 billion stock buyback.
Investor's Business DailyThe Results of this $550 Million Foreclosure Case Could Reshape the Commercial Real Estate Industry
Fortress Investment Group provides high-dollar financing for real estate developers. This group is planning to initiate one of the largest foreclosures in American history. The foreclosure targets the Cohen Brothers, who owe Fortress nearly $550 million in loans. Their asset portfolio spans from New York to Florida. For such a significant foreclosure, the method being employed is unique too. The typical foreclosure process is a lengthy one, involving court hearings, and resulting in the foreclos
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