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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Twitter’s (NYSE: TWTR ) acceptance of Elon Musk’s $54 billion bid also significantly improves the prospects of Dogecoin ( DOGE-USD ), Musk’s favorite cryptocurrency. Bitcoinist notes ...
Elon Musk's acquisition of Twitter announced last Monday was the largest deal announced last week. The spread on the Twitter-Musk deal is 10.57%, indicating that investors are concerned about the deal being consummated. The merger agreement includes a termination fee of $1 billion...
Inflation, rising interest rates and fear are moving the markets and prompting investors to unsubscribe to streaming services. Post-pandemic, people are spending less time glued to their televisions which led to a loss of 200,000 Netflix subscribers in Q1 2022. Other streaming service...
The Market has yet to discount +3% interest on the 10-year. The market is also discounting the possibility of .75% rate rise. The highly elevated VIX of +30 is telling us that we should expect 1% to +2% swings every day. All this is going to be compacted into just 3 days. We c...
The spread between where Twitter (NYSE:TWTR) is trading and the $54.20/share Elon Musk agreed to pay indicates that investors appear to be concerned if the $44 billion deal will ever close. Twitter is currently trading at a 9.6% discounts to Musk's $54.20 deal, wider than the 4.6% discount on...
In business, there haven't been too many instances of one person running two major companies simultaneously. But, the few times that has occurred have been notable. Probably the best-known of such situations was when Steve Jobs concurrently served as chief executive officer of both Apple (AAP...
Elon Musk's planned takeover of Twitter (NYSE: TWTR) for $44 billion recently stunned investors. It's unclear whether Musk can actually close that audacious deal, but some investors have already started speculating about other social media buyouts. At first glance, Pinterest ...
Elon Musk's agreement to purchase Twitter (NYSE: TWTR) for an estimated $44 billion could bring stockholders a significant cash infusion. Assuming the deal goes through, shareholders will receive $54.20 for each share. This provides an opportunity for them to look for another ne...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dogecoin ( DOGE ) got a brief bounce higher on news that Elon Musk is buying Twitter (NYSE: TWTR ). The original meme coin still remains a joke of a cryptocurrency and serves no purpose. Beyond news that El...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This week has been interesting for crypto. The spotlight is falling away from Bitcoin’s ( BTC-USD ) quest toward new all-time highs in favor smaller tokens. Overall, trends suggest a return to last springȁ...
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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...