Tech billionaires saw massive single-day wealth gains Monday as Wall Street rebounded sharply, according to Benzinga. Elon Musk added $2.7 billion, while Mark Zuckerberg and Jeff Bezos gained $6.55 billion and $3.36 billion, respectively, as the Nasdaq 100 jumped 1.52%, nearing record highs. The S&P 500 and Dow rose 0.94% and 0.75%, respectively, amid easing geopolitical fears after Iran signaled willingness to de-escalate tensions and resume nuclear talks. Meta, Amazon, and Tesla shares gained 2.90%, 1.89%, and 1.17%, with Meta rallying further after announcing ad and subscription features for WhatsApp. Musk’s net worth now totals $369 billion, $11.8 billion more than the combined value of several top automakers. Oracle’s Larry Ellison recently surpassed Bezos and Zuckerberg after Oracle stock surged post-earnings.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tech billionaires saw massive single-day wealth gains Monday as Wall Street rebounded sharply, according to Benzinga.
00:08Elon Musk got at $2.7 billion, while Mark Zuckerberg and Jeff Bezos gained $6.55 billion and $3.36 billion, respectively,
00:15as the Nasdaq 100 jumped 1.52%, nearing record highs.
00:20The S&P 500 and Dow rose 0.94% and 0.75% respectively,
00:24amid easing geopolitical fears after Iran signaled willingness to de-escalate tensions and resume nuclear talks.
00:31Meta, Amazon, and Tesla shares gained 2.9%, 1.89%, and 1.17%,
00:37with Meta rallying further after announcing added subscription features for WhatsApp.
00:42Plusnet worth now totals $369 billion, $11.8 billion more than the combined value of several top automakers.
00:49Oracle's Larry Ellison recently surpassed Bezos and Zuckerberg after Oracle's stock surge,
00:54post-earnings.
00:55For all things money, visit Benzinga.com.