As expected, Tesla shareholders did a truly unprecedented thing, approving a pay package for Elon Musk that could, over the next decade, turn the CEO into the world’s first trillionaire.

Elon Musk became a half trillionaire at exactly 3:30 p.m. in New York on 1 October 2025, driven by a 4% surge in Tesla’s share price that added over US$9 billion (A$13.87 billion) in a single day.

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Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.

OpenAI (OPAI.PVT) is gearing up for a potential IPO in 2026, according to Reuters reporting, which could give the artificial intelligence developer a market cap of $1 trillion. This headline comes after OpenAI agreed to new partnership terms with Microsoft (MSFT) that now value the latter's 27% stake at $135 billion.

Broadcom is challenging Nvidia's supremacy with its custom AI accelerators. Taiwan Semiconductor manufactures the chips for nearly all players in the AI race. Broadcom and Taiwan Semiconductor are among the best AI investments. When investors are looking ...

LONDON (Reuters) -The adoption of stablecoins could generate an additional $1.4 trillion in demand for U.S. dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan said in a note on Tuesday. WHY IT'S IMPORTANT ...

Robinhood's stock has been skyrocketing this year and it has plenty of levers to pull on for even more growth in the future.