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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. An emboldened Fed The Federal Reserve minutes of the May meeting gave investors a pretty clear roadmap for the summer. The minutes, out Wednesday afternoon...
Stock Market Futures Moving Sideways Ahead Of First-Quarter GDP Revision U.S. stock futures are largely unchanged in early morning trading on Thursday. In the larger scheme of things, stocks continue to experience choppiness amidst growing investor concerns. The likes of which w...
Jim Breyer, a noted venture capital and CEO of namesake Breyer Capital said he believes Twitter's (NYSE:TWTR) intrinsic value is $25 to $30/share. Elon Musk "is paying too much for Twitter," Breyer said earlier in an interview with CNBC from Davos, Switzerland. "I think the fair value o...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap’s ( SNAP ) ad-driven sales threat triggers wider sell-off and sets up three stocks to short. Meta Platforms ( FB ): Is troubled and holds downside risk and bearish opportunity. Twitter ( TWT...
Twitter (NYSE:TWTR) on Wednesday held what could end up being its final annual shareholders meeting as a publicly traded company. And while there were a few surprises in the first half hour, the one thing on everyone's mind - Elon Musk's proposed $44 billion acquisition - barely came up at al...
Elon Musk doesn't gain any additional leverage because Snap is performing badly or because the macro economy is deteriorating. "A deal is a deal," and the Snap news did not take anything away from that. The Snap implosion does likely impact the standalone Twitter price IF the deal...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips An analyst has issued a highly bearish price target for Tesla (NASDAQ: TSLA ) If TSLA stock hits it, or comes close, it could jeopardize Elon Musk’s Twitter (NYSE: TWTR ) deal Shares are rising today...
We think the QQQ is no longer overvalued. Over the past six months, the massive value compressions have brought down the tech generals. Despite that, we think tech is still not undervalued. Therefore, a deep global depression remains the most significant risk to its valuation. Our...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMC Entertainment ( AMC ) stock has fallen 37% over the past 30 days. Bridgewater Associates bought a starter position in AMC. AMC management continues to grow its passive portfolio. Investors in AMC (NASDA...
San Francisco-based fintech Stripe (STRIP), through payments infrastructure platform OpenNode's app, will let merchants instantly convert incoming fiat payments into bitcoin (BTC-USD), according to a twitter post Tuesday. Moreover, businesses will be able to convert a fixed percenta...
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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...