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Digital World continues to work on a business combination with Trump's media empire. The SPAC deal appears headed for failure as Truth Social has gotten off to a slow start. The stock has a valuation of at least $4 billion here and the documented valuation of Trump to a fully func...
How often can you say this? Never? Constantly? Rarely? Rational reactions to each. For further details see: 'The Market Is Wrong, I'm Right'
Making the media rounds in Cannes, France, Snap (NYSE:SNAP) CEO Evan Spiegel talked up his company's approach to augmented reality as a growth vector for the company, and addressed the "warning heard around the world": when Snap said it expected to miss Q2 guidance, sending the stock tumbling...
Zoom Video Communications (NASDAQ:ZM) said that an outage that affected thousands of its users beginning on Monday appeared to have been fixed and the service was back to normal operations on Tuesday. Zoom (ZM) used its Twitter (TWTR) account to apologize for the disruption. "We were experien...
Speaking at the Qatar Economic Forum hosted by Bloomberg, Tesla (NASDAQ:TSLA) Chief Executive Elon Musk said there are a few obstacles to overcome for him to complete his $44B acquisition of Twitter (NYSE:TWTR), including the previously mentioned issue with fake accounts. Musk, who spoke to T...
Twitter Inc ( NYSE: TWTR ) is up more than 2.0% this morning after its board has unanimously approved the $54.20 a share buyout offer from Elon Musk. Board recommends that shareholders do the same The board also said the $44 billion agreement with Tesla CEO is in the best in...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Thursday was another miserable day for Tesla Inc (NASDAQ: TSLA ) shareholders. TSLA stock dropped 8.54% on the day. That makes it a 46.5% decline in value since the start of the year. A drop of that magnitude is eno...
Speaking at the Qatar Economic Forum hosted by Bloomberg, Tesla (NASDAQ:TSLA) Chief Executive Elon Musk said there are a few obstacles to overcome for him to complete his $44B acquisition of Twitter (NYSE:TWTR), including the previously mentioned issue with fake accounts. Musk, who spoke to T...
The headline returns masked significant levels of intra-month volatility as investors debated the economic impact of additional interest rate increases and prospects of a domestic recession. Technology, growth-oriented, and thematic-related equities have been among the hardest hit dur...
The outlook for stocks in the second half of 2022 is very uncertain with at least a 50% probability of a recession in 2022 or 2023. Investors should have at least a 5-10 year time horizon. The S&P 500 (with dividends included) has had a positive return in 80% of the years from 194...
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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...