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Twitter ( NYSE: TWTR ) is set to have its first hearing Tuesday on a motion to expedite a trial again Elon Musk for his decision to terminate the $44 billion acquisition. The hearing is set for 11am in Wilmington, Delaware, according to a legal filing. The hearing is sched...
Pinterest ( NYSE: PINS ) shares popped more than 15% on Friday on a report that activist hedge fund Elliott Management has taken a stake in the social-media company, though analysts were quick to downplay the prospects of short-term changes. KeyBanc Capital Markets analy...
Pinterest ( NYSE: PINS ) shares popped more than 15% on Friday on a report that activist hedge fund Elliott Management has taken a stake in the social-media company, though investment firm KeyBanc Capital Markets was quick to downplay the prospects of short-term changes. ...
Steadily growing, highly free-cash-flow-generative and more moderately valued companies enabled the Strategy to outperform through a sharp market pullback. Heightened volatility provided opportunities to purchase shares in growth companies on our watchlist, as well as add to existing ...
ARK Invest’s 13F portfolio value decreased from $23.96B to $16.91B this quarter. Coinbase Global, Roku, Shopify, and Ginkgo Bioworks were increased while decreasing Spotify, Ionis Pharma, Vertex Pharma, and Sea Limited. The top three positions are Tesla, Zoom Video, and Rok...
Elon Musk "terminated" his deal with Twitter on three grounds. Twitter argues Musk doesn't have these grounds and should fulfill his obligation to close the deal. New facts released in the Twitter suit seem to strengthen Twitter's position. My read of the situation - Musk will...
Twitter Inc ( NYSE: TWTR ) shares have upside to $52 that translates to about a 45% increase in the stock price, says Barton Crockett. He’s a Senior Research Analyst at Rosenblatt Securities. Twitter has a better chance of winning against Elon Musk Interestingly, he h...
A new regulatory filing shows that the U.S. Securities and Exchange Commission raised questions about Elon Musk's commitment to his $44B acquisition of Twitter ( NYSE: TWTR ) almost two months before Musk said he was scuttling the deal. The Thursday filing includes a lette...
Stock Market Today Mid-Morning Updates On Thursday, the Dow Jones Industrial Average is down by over 590 points as major banks begin reporting their earnings. This would allow investors insight into the state of the economy as they also weigh together monetary policy from the ce...
Elon Musk is pulling out of the deal with Twitter. He may, however, have to pay a $1.0B tax-deductible break-up fee. While a prolonged court battle about the take-over may loom, an acquisition is now highly unlikely. New bot account disclosures could lead to a decline in advertisi...
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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...