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We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owne...
Twitter Inc ( NYSE: TWTR ) is trading up in extended trading after it sued Elon Musk for terminating the $44 billion takeover deal. Twitter is seeking a trial in September Twitter says the billionaire was deliberately contemptuous of the social network that resulted in a...
Saying that Elon Musk has engaged in "bad faith" efforts, Twitter ( NYSE: TWTR ) on Tuesday filed suit against the Tesla ( TSLA ) chief executive in an effort to keep him from walking away from his $44B agreement to acquire the social-media giant. Twitter ( TWTR ) fi...
Twitter ( NYSE: TWTR ) has sued Elon Musk over the incomplete $44B acquisition of the social media company. The lawsuit was expected . The board has filed a lawsuit in the Delaware Court of Chancery "to hold Elon Musk accountable to his contractual obligations...
Margins in focus due to multiple headwinds. Investors expecting a major production update. The Twitter saga continues to provide a major overhang. We're only about a week away from electric vehicle maker Tesla ( TSLA ) reporting its Q2 results on Wednesday, July 20th...
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 ...
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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...