Financial planners who serve newly liquid tech employees describe a predictable sequence of freeze, tax shock, real estate temptation, and slow diversification

5 min read

What happens when 12,000 tech employees become millionaires overnight

The essential business news, delivered fresh every morning.

Join 500,000+ readers who start their day with Quartz.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Business News

View all

Business News

Augustus CEO Ferdinand Dabitz $180 million raise to help ‘dollarize the world’

1 min read

Pharma

Rohto is recalling nearly 12 million eye drop bottles over sterility concerns

Lifestyle

Travel

The 8 best times to book a hotel to get the lowest price From booking six months out for carnival season to shifting dates by a week to cut festival prices in half, hotel timing strategies worth knowing

The most important things to know before you visit Cancún

Business News

Amazon received $600 million in tariff refunds and will pass some back to customers The company said refunds were limited because it stockpiled inventory ahead of tariffs and is not the importer of record for most goods in its store

A.I.

Anthropic's Claude AI models breached three real companies during cybersecurity tests The incidents involved 3 Claude models operating in an evaluation environment that was inadvertently connected to the internet

2 min read

Politics & Government

New York sued Kalshi for running an illegal gambling operation

2 min read

Politics & Government

House lawmakers are pressing DoorDash to explain its use of a Chinese AI model

2 min read

Autos

GM is building its own in-vehicle AI assistant to go beyond Google's Gemini

2 min read

Pharma

Moderna beat earnings expectations but its norovirus vaccine trial hit a wall

2 min read

Pharma

AbbVie beat profit estimates but cut its forecast — and the stock sank

2 min read

Autos

Rivian topped its delivery forecast and raised its full-year outlook as the R2 SUV launched

2 min read

Money & Markets

Markets

Roblox stock posted its worst day ever after pulling its full-year outlook

2 min read

Markets

An ex-OpenAI researcher's AI hedge fund collapsed from $45 billion to $10 billion in a week

2 min read

Economic Indicators

U.S. economy slowed in the spring as Iran war weighed on growth — but consumers held up

2 min read

Markets

Coinbase missed Wall Street's expectations for the third straight quarter — and the stock sank

2 min read

Travel

The most important things to know before you visit Cancún From sargassum surges that turn beaches brown to tipping customs that vary by role, ten things every Cancún visitor should know

Lifestyle

6 ways to train your cat Discover six simple, ways to train your cat using positive reinforcement, treats, and consistency, and build better bonds

Cars

The best SUVs to buy instead of the 2026 Subaru Outback From a budget-friendly Honda CR-V to a Jeep Wrangler for buyers who want genuine off-road ability, the best alternatives to the 2026 Subaru Outback

Travel

The most beautiful fall destinations in America From golden aspens above Jackson Hole to Salem's Halloween streets and Hocking Hills' autumn gorges, the best fall destinations for every traveler

Travel

The 10 best Greek islands to visit in 2026, ranked From a remote Ionian island cloaked in olive groves to a Cycladic volcano still worth climbing, the Greek islands that reward every kind of traveler

What happens when 12,000 tech employees become millionaires overnight

Top Stories

The essential business news, delivered fresh every morning.

Business News

Lifestyle