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The ongoing saga between Twitter ( NYSE: TWTR ) and Elon Musk over Musk's acquisition of the social network looks to be nearing an end , but some analysts believe the company's board of directors is now playing a game of "high stakes poker" with the deal in its final stages....
Summary CEOs sitting around in their ivory towers of idealism need a reality check, and activist investors play an important role when they get involved in mismanaged companies. If the Twitter deal closes at the agreed-upon price of $54.20, public market investors that bought righ...
Twitter Stock ( NYSE:TWTR ) Twitter stock ( NYSE:TWTR ) is down 2% today, giving up some of Tuesday’s 22% gain as the broader Internet sector bleeds a little red. However, Twitter’s stock is probably doing better than other competitor companies after develo...
Summary Bitwise Investments launched an ETF that aims to expose investors to publicly traded equities that will benefit from the rise of "Web3." Web3 is the evolution of the internet from centrally controlled walled gardens to more open platforms where community members own their ...
Apollo Global Management ( NYSE: APO ) is no longer looking to lead the preferred financing portion of Elon Musk's leveraged buyout of Twitter ( NYSE: TWTR ), Reuters reports. That comes after a dramatic 24 hours-plus in the saga of the $44B take-private deal. On Tue...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle (EV) stocks roared on Tuesday. Even as Tesla’s (NASDAQ: TSLA ) gains were cut in half, many others flew higher. However, the strong rally is being followed by another decline on Wednesday as vo...
Twitter ( NYSE: TWTR ) and Elon Musk are still on a collision course for an Oct. 17 trial to settle the fate of their $44B buyout, the judge presiding over the matter indicates, though the parties are in talks about what to do next. "The parties have not filed a stipulatio...
Summary Elon Musk changed his mind and the deal is back on. His initial approach leaves a lot to be desired from Twitter's perspective. Musk's turn seems genuine and makes sense in the context of the trial preparations. I expect the lawyers will hammer out the details and ...
Twitter Inc ( NYSE: TWTR ) is in focus on Wednesday after Elon Musk revived his $44 billion takeover deal with the social network. Twitter will likely return to the stock exchange If he follows through, Twitter could become a private company in the coming weeks. But Rohi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Elon Musk’s quest to acquire Twitter (NYSE: TWTR ) has come full circle. The Tesla (NASDAQ: TSLA ) CEO has announced that he wants to purchase the social media platform at $54 per share, the original term...
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2023-07-24 06:39:41 ET The little-known X token is riding on Elon Musk’s Twitter, Inc. ( NYSE:TWTR ) rebrand to X.com. It registered a monster 4004% surge in the early hours of Monday morning before pulling back. Although the token had dropped by more than 3000% in the past f...