Here is why Warner Bros. Discovery's stock is struggling and two reasons it might be a good time to buy. What happened to Warner Bros. Discovery's stock? Warner Bros. Discovery formed last April when AT&T spun off Warner Bros. Media to merge with Discovery, Inc. The market almost immediately soured on the new entertainment conglomerate as its debt became a primary concern. Read More...
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How Jeff Bezos Became One of the World’s Richest Men
As of early 2023, Jeff Bezos is the third-richest person on Earth, with his personal fortune eclipsing the wealth amassed by Microsoft Corp. co-founder Bill Gates and legendary investor Warren Buffett. According to the Bloomberg Billionaires Index, Bezos has a net worth of $126 billion as of this writing. The founder, former chief executive officer (CEO), and now executive chair of global e-commerce behemoth Amazon was responsible for running a platform that accounted for up to 6.5 of all U.S. retail sales and a whopping 44.9% of digital retail spending in 2022.
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