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Stock valuations are collapsing while earnings are improving, according to Credit Suisse. "While the median company has seen their stock price fall -24.4% since its peak, the median P/E multiple fell -27.5%," strategist Jonathan Golub wrote in a note. "This difference is explained by a health...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Ink Drop / Shutterstock.com Snap (NYSE: SNAP ) stock recently crashed following its warning about the outlook for its business. The stock dropped more than 40% following this disclosure, extending its loss...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Before November 2021, most investors and pundits believed that the Street’s favorite large-cap tech stocks — including Facebook (NASDAQ: FB ), Apple (NASDAQ: AAPL ) and ...
Earnings reports from the likes of Nvidia (NASDAQ:NVDA), Dell Technologies (DELL) and Alibaba (NYSE:BABA) garnered a lot of attention from investors last week, but the ongoing saga involving Twitter (NYSE:TWTR) and Elon Musk still found a way to remain in the sights of many on Wall Street and...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
Backers of %Terra have approved a plan to revive the failed %Luna %Cryptocurrency , but without the controversial %Stablecoin that triggered its $60 billion U.S. collapse. “With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for...
Elon Musk's filing irregularities around his building of a top stake in Twitter (NYSE:TWTR) have drawn extra scrutiny from the Securities and Exchange Commission, according to a letter the agency has published. The timing of Musk's filings leading up to the April 4 disclosure of Musk's invest...
Trump SPAC Digital World Acquisition (NASDAQ:DWAC), which is taking Trump's social media company and app Truth Social public, ticked down 1.3% after a new filing indicating the potential sale of 100 million shares by selling holders. DWAC filed for the resale of up to 100 million sh...
Twitter (NYSE:TWTR) says it has determined not to accept a resignation tendered by director Egon Durban - the Silver Lake co-CEO considered an Elon Musk ally who was voted down by the company's shareholders at Wednesday's annual meeting. Durban failed to get the requisite majority of votes ca...
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. Windfall tax Check out original Seeking Alpha show The Weekend Bite! This week we break down a hidden opportunity in the crypto sector, and give 3 stock pi...
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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...