Posts Tagged ‘Rakes’
Couple rakes in US$9 billion as AI circuit board shares soar 530%
[HONG KONG] When Nvidia chief executive officer Jensen Huang hosted a private banquet for suppliers in Taiwan in May, the room was packed with some of the biggest names in global electronics. The chairmen of Taiwan Semiconductor Manufacturing Company and Hon Hai Precision Industry were there, surrounded by a sea of local manufacturing titans. In…
Read MoreWho Is Sachia Vickery? US Open Star Rakes in Millions Selling Her Steamy Photos on OnlyFans and Charges $1,000 for Going on Dates
American tennis player Sachia Vickery is trying to qualify for the US Open this week, where the winner will take home an impressive $5 million prize — but off the court, she’s already earning plenty. That’s because the 30-year-old says she “doesn’t date for free” anymore. Currently ranked No. 559, Vickery returned to competition on…
Read MoreTrump Meme Coin Dinner Contest Rakes in $148M from Global Investors
A cryptocurrency contest linked to Donald Trump’s meme coin has garnered media attention, attracting more than $148 million from eager buyers hoping to meet the US president. Promoted as a unique chance to attend a gala at Trump’s private golf resort outside of Washington, D.C., the event garnered international notice and significant investments in the…
Read MoreGoldman rakes in record wealth revenue from ultra-rich in Asia
GOLDMAN Sachs’s revenue from its Asia-Pacific wealth unit hit a record last year as ultra-rich clients turned to the bank to navigate volatile markets and political tension, according to a regional executive. The ultra wealthy have become less “self-directed” with a shift towards diversification and globalisation, Ronald Lee, a Goldman partner who leads the firm’s…
Read MoreWarren Buffett Rakes In $7 Billion From Bank Of America Stock Sales
Billionaire Warren Buffett’s recent run of Bank of America Corp. (BofA) stock sell-offs struck again this week, with his Berkshire Hathaway Inc. liquidating nearly $7 billion in BofA shares over the past two months. Buffett’s conglomerate, which is still the biggest shareholder of the second largest U.S. bank, has greatly reduced its BofA portfolio since…
Read MoreTesla rakes in US$9 billion from carmakers failing to sell enough EVs
TESLA continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away. The Elon Musk-led manufacturer generated US$1.79 billion in regulatory credit revenue last year, an annual filing showed last week. That brought the cumulative total Tesla has raked in since 2009…
Read MoreUBS US$1 billion AT1 sale rakes in nearly US$12 billion of orders
UBS Group sold US dollar-denominated Additional Tier 1 (AT1) notes just a day after setting out plans to sell billions more of the risky securities in the coming years. The Swiss lender priced US$1 billion of securities callable in April 2031 to yield 7.75 per cent, according to a source with knowledge of the sale,…
Read MoreBleu Royal Diamond Rakes In Nearly $44 Mn At Geneva Auction
An exceptionally rare blue diamond went under the hammer in Geneva Tuesday, selling for more than $40 million, making it one of the most expensive diamonds ever sold at auction, Christie’s said. Weighing 17.61 carats, the Bleu Royal is the largest internally flawless fancy vivid blue gem ever to appear for sale in auction history.…
Read MoreQuartet Of Statement Victories At UFC 290 Rakes In $9.75 Million
Alexander Volkanovski (right) stuns Yair Rodriguez (left) with a big right hand. UFC Handout KEY POINTS Alexander Volkanovski and Alexandre Pantoja’s wins put a nice bow to end UFC 290 Dricus Du Plessis also put away Robert Whittaker with ease in the undercard The event also featured Robbie Lawler’s retirement bout UFC 290 this past…
Read MoreAmazon Rakes in Massive Profits in First Quarter, Months After Cutting 27,000 Jobs
Amazon returned to profit and recorded better than expected profit of $3.2 billion for the first quarter. This return to profits came after reporting a loss of $3.8 billion in the year-ago quarter. Significantly, Amazon’s strong numbers and positive outlook for the next quarter came after the company cut more than 27,000 employees in the…
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