Fortune 500

Jack Hidary, CEO of SandboxAQ, recently emphasized the critical role of AI in determining the future of various industries. What Happened: Hidary stated during CNBC’s “Last Call” on Wednesday, “AI… it’s a do-or-die moment right now.” He highlighted that AI...

Crypto analytics firm Nansen reported a breach involving one of its third-party vendors. The hack exposed 6.8% of user emails and some blockchain addresses. What Happened: Nansen CEO Alex Svanevik told Benzinga, "Our team has been working day and night in the last 48 hours to mitigate the...

Unlike Invesco QQQ Trust (NASDAQ: QQQ) that is all about the tech stocks changing the world, the S&P 500 is more about what makes the world, as as its members, also held by SPDR S&P 500 ETF Trust (NYSE: SPY) that is designed to follow the index, tell the tale of economic health and...

Tesla Inc's (NASDAQ: TSLA) Elon Musk is reportedly the highest-paid Fortune 500 CEO in the United States. Apple Inc (NASDAQ: AAPL) Nvidia Corp (NASDAQ: NVDA), and Netflix Inc (NASDAQ: NFLX) chief executives are some of the others who...

Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year. Cryptocurrency Earns Its Place: For the first time ever, a cryptocurrency company landed...

Coinbase Global Inc (NASDAQ: COIN) has become the first cryptocurrency company to enter the Fortune 500 list. What Happened: Coinbase was included in the 68th Fortune 500 list, which ranks the largest U.S.-based corporations by revenue each year. The company was ranked 437th on the list in terms of...

Apple, Inc.'s (NASDAQ: AAPL) all-around product momentum has taken it to the top of the charts in terms of profitability. Cupertino Tops On Profits: Apple, with $67 million in profits for the fiscal year 2020, was the leader in the Fortune Global 500, released today.  Apple wrested the No...

A disruptive cloud manufacturing and supply chain company announced plans to go public Monday.  The SPAC Deal: Fast Radius announced a SPAC merger with ECP Environmental Growth Opportunities Corp (NASDAQ: ENNV). The deal values the company at a post-transaction equity value of $1.4 billion. A...

The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization. ExxonMobil was also recently passed by rival Chevron (NYSE: CVX) as America’s most...

Three companies are expected to go public via a traditional IPO the week of Oct. 19. Here's a look at the details.  Datto Holding: Cloud based software company Datto Holding (NYSE: MSP) plans on selling 22 million shares at a price point of $24 to $27. The company is the leading global...

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Apple Inc (NASDAQ: AAPL) continues to make new enemies over its 30% commission charged on apps, in-app purchases and subscriptions paid through the iOS app store. The Apple Tax: Apple is well-known for taking a 30% commission from companies, a fee that is sometimes referred to as the...

Workday Inc (NYSE: WDAY)'s earnings report Wednesday helped boost shares to a new 52-week high of $111.45 Thursday but wasn't good enough to win over some of Wall Street's skeptics. Credit Suisse's Michael Nemeroff maintains a Neutral rating on Workday's stock, with a price target boosted from $94...

The financial services industry is one of the last frontiers new technology has yet to fully conquer. Despite a heavily regulated banking industry, fintech companies are estimated to capture 17 percent of banks' revenue by 2023. While there is no shortage of fintech startups out there,...