Nvidia shares surged 171% in 2024, creating newly minted billionaires like Tench Coxe, who is now worth $5.4 billion as Nvidia’s third-largest individual shareholder. Board members Mark Stevens and Harvey Jones also became billionaires, with Stevens worth $9.3 billion and Jones holding a $1 billion stake. Nvidia’s stock jump has also made long-term employees millionaires, with 76% being millionaires and one-third worth over $20 million, despite the company’s intense work culture noted in a Bloomberg report.
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Stagwell (STGW) Q2 Revenue Rises 5%
Stagwell (NASDAQ:STGW) reported Q2 fiscal 2025 earnings on July 31, revealing GAAP revenue of $707 million, surpassing estimates and marking a 5% year-over-year increase, alongside an adjusted EPS of $0.17. Despite a slight GAAP net loss of $0.02 per share, the results highlight growth in digital sectors and reaffirm the company's full-year guidance amidst varied segment performances. Want More Context? 🔎
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