stocks Elon Musk buying Twitter has social media stocks in focus. Here’s what the pros think about the three primary players remaining.Social media stocks are in the limelight following news that one of their own will soon be taken private. Specifically, Twitter (TWTR) put out a press release late in the day on April 25… Continue reading 3 Social Stocks Standing Out in a Narrowed Field | Kiplinger
Musk’s Coup Complete With $44B Buyout of Twitter | Kiplinger
Elon Musk is buying Twitter (TWTR, $51.70) for $44 billion and taking the social media platform private. Twitter’s board of directors accepted the Tesla (TSLA) CEO’s offer of $54.20 a share late Monday. Thus marks the likely end to a three-week drama that at times appeared to veer between comedy and even farce. After all,… Continue reading Musk’s Coup Complete With $44B Buyout of Twitter | Kiplinger
Nasdaq futures drop after disappointing Amazon and Apple earnings, while Asia techs soar
Nasdaq futures dropped 0.9% Friday as investors weighed disappointing Amazon and Apple earnings. Amazon fell 8.5% in Friday’s premarket after posting an unexpected loss and a weak second-quarter outlook. Oil rose after Germany said it’s ready to stop buying Russian oil, pointing to the possibility of a full EU embargo. Loading Something is loading. Nasdaq… Continue reading Nasdaq futures drop after disappointing Amazon and Apple earnings, while Asia techs soar
Amazon tumbles 8.5% in premarket after posting first loss in 7 years
Amazon stock dropped 8.5% in premarket trading after the tech giant posted its first quarterly loss in seven years. The drop put the e-commerce leader on track to lose around $130 billion of market value when trading opens. Amazon is grappling with inflation and supply-chain problems, after spending big during the pandemic. Loading Something is… Continue reading Amazon tumbles 8.5% in premarket after posting first loss in 7 years
Elon Musk sold $4 billion of Tesla shares over 2 days but says he’s now done selling, as he closes his Twitter buyout deal
Elon Musk sold 4.4 million Tesla shares worth $4 billion over two days this week, SEC filings show. The billionaire is raising funds to complete his $44 billion deal to acquire Twitter. “No further Tesla sales planned after today,” Musk tweeted after the filings were made public. Loading Something is loading. Tesla founder and CEO… Continue reading Elon Musk sold $4 billion of Tesla shares over 2 days but says he’s now done selling, as he closes his Twitter buyout deal
Nasdaq leaps 3% as investors cheer tech earnings and sidestep weak GDP report
US stocks popped higher Thursday, cementing a gain of 3% for the Nasdaq Composite. Investors piled into Meta Platforms’ shares after the social media company reported results on Wednesday. Apple and Amazon shares gained before quarterly results were released late Thursday. Loading Something is loading. Stocks soared Thursday, paced by tech shares after Meta Platforms’… Continue reading Nasdaq leaps 3% as investors cheer tech earnings and sidestep weak GDP report
Fidelity just announced a massive hiring spree, targeting more than 12,000 new staffers as the investment giant bets on the power of retail investors
Fidelity Investments said Thursday it would add more than 12,000 new employees by September. The new hires will bring Fidelity’s headcount to 68,000 by year’s end, up 19% from the start of this year. The move is a stark contrast to competitors like Robinhood, which announced it is laying off hundreds of employees. Loading Something… Continue reading Fidelity just announced a massive hiring spree, targeting more than 12,000 new staffers as the investment giant bets on the power of retail investors
When is Amazon Prime Day 2022?
You’ve heard of Amazon Prime: It’s the shopping giant’s paid subscription service that gives users access to many features like fast shipping, a music streaming platform, a selection of video content, and access to an exclusive deal event. Yes, we’re talking about Prime Day — the retailers “for members-only” sale event that provides significant discounts… Continue reading When is Amazon Prime Day 2022?
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