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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Clifford Asness’ AQR Capital Management has had an exceptional year , and now, it’s taking on another challenge in the form of shorting AMC Entertainment (NYSE: AMC ). Asness did not shy away fro...
One of the more dramatic stories of 2022 is closing -- Elon Musk is terminating his deal to buy Twitter (NYSE: TWTR) . News of this sent Twitter's stock about 6% after hours to $34, still well short of the $54.20 per share Musk was offering. While Musk may be through, is this an...
Stock Market Today Mid-Morning Updates On Tuesday, the Dow Jones Industrial Average is up by over 90 points as the euro slides towards dollar parity. Fears of a recession have been increasing in the eurozone recently. This is mainly due to energy supply disruptions, with Russia ...
Wall Street analysts are too bullish on second quarter earnings expectations for most S&P 500 companies. We highlight five S&P 500 companies with overstated Street estimates likely to miss 2Q22 earnings. Below we detail the hidden and reported unusual items that caused Str...
Twitter ( NYSE: TWTR ) is expected to filed a lawsuit against Elon Musk over the billionaire's termination of his $44 billion acquisition of the social media company later Tuesday. Twitter ( TWTR ) will likely filed the lawsuit on Tuesday, CNBC's David Faber said on the ...
Musk's new statement changes the game for Twitter. Twitter's price could drop significantly soon now that hopes for acquisition are slim. Twitter's valuation is still not attractive enough when compared to its competitors. The premise On April 4, Elon Musk announced that...
The Twitter drama continues to unfold as management is determined to enforce the terms of its deal with Elon Musk. As a result, TWTR has fallen more than 30% since we cautioned previously. Our price action analysis suggests the market wasn't convinced of the deal's closure. Interestin...
Stock Market Futures Extend Previous Day’s Losses Ahead Of Second Quarter Earnings Season U.S. stock futures are trading lower in early morning trading on Tuesday this week. Overall, consumers appear to be taking a more defensive stance as several potential market movers are ...
Twitter falls 7% after Elon Musk announces plans to terminate the acquisition of the social media company for $54.20. The company appears to have a rock-solid contract to force Mr. Musk to complete the deal or settle for a sum in excess of the $1 billion breakup fee. Based on a pe...
So the Elon Musk- Twitter (NYSE: TWTR) deal is apparently moot, and the company's stock suffered for it on Monday. On Friday afternoon, the Tesla (NASDAQ: TSLA) CEO disclosed in a regulatory filing that he aimed to withdraw from the arrangement, and investors promptly traded...
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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...