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Penny Stocks – Definitions & Basics The definition of penny stocks includes stocks trading for less than $5. These types of investment vehicles are attractive to retail traders thanks to an innate ability to experience explosive gains. When it comes to finding the best penn...
Twitter ( NYSE: TWTR ) is paring some of its decline in the premarket on a report that the the White House is not aware of a national security review for Musk Ventures. Twitter has pared its decline to 3.5% after it had dropped 8% in the premarket after a Bloomberg headl...
Twitter ( NYSE: TWTR ) has told employees there are no plans for mass layoffs, Bloomberg reported , despite media reports indicating Elon Musk could remove the majority of the company's workforce once he takes control. According to Bloomberg, which cited a memo from Twit...
Summary Snap crashed as much as 27% following a worse than expected Q3 2022 report. During the September quarter, Snap recorded the slowest pace of growth since the company's IPO: revenues increased by only 6% year over year. Given that Snap's user growth and engagement contin...
Twitter ( NYSE: TWTR ) has told employees there are no plans for mass layoffs, Bloomberg reported , despite media reports indicating Elon Musk could remove the majority of the company's workforce once he takes control. According to Bloomberg, which cited a memo from Twit...
Summary Elon Musk said on Tesla's earnings call that Tesla would come to be worth more than Apple and Saudi Aramco combined. Going by today's valuations, this statement implies a greater than $4 trillion valuation. Given that Musk is going forward with buying Twitter, it appea...
The Biden administration is said to be weighting if some of billionaire Elon Musk's deal should be subject to national security reviews, including his planned $44 billion purchase of Twitter ( NYSE: TWTR ), and SpaceX's Starlink satellite network. The administration is said ...
Summary Snap reported a solid Q3, but the company guided to a potentially weak Q4 on some huge negative assumptions. The social media company now trades at only 3x sales with the market not accurately viewing the recent revenue slowdown in light of the massive growth the last 2 ye...
Billionaire Tesla ( TSLA ) CEO Elon Musk told prospective investors in Twitter ( NYSE: TWTR ) that he plans to cut the social media giant's employee count by about 75%. Musk plans to reduce the headcount of Twitter's 7,500 employees down to just over 2,000 in the coming ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After markets closed yesterday, Tesla (NASDAQ: TSLA ) reported earnings for the third quarter of 2022. After spending the month on a steady downward trajectory, TSLA stock needed a positive catalyst. Unfortunately f...
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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...