Stock Market Today An afternoon rally helped the major indexes snap their short skid. But Twitter accepting Elon Musk’s bid stole the spotlight.U.S. equities followed up last week’s losses with a comeback in this week’s opening session, but the day’s biggest news was a deal cementing an M&A Monday for the ages. Numerous global bourses… Continue reading Stock Market Today: Twitter Buyout Outshines Relief Rally | Kiplinger
Tesla’s stock plunged $126 billion the day after Elon Musk struck a deal to buy Twitter for $44 billion
On Tuesday, Tesla lost $126 billion in value after its CEO, Elon Musk, clinched a deal to buy Twitter. Investors fear that Musk may sell some of his Tesla stock to fund his Twitter takeover. Musk’s personal stake in Tesla has fallen by $40 billion in value this month. Loading Something is loading. Tesla’s stock… Continue reading Tesla’s stock plunged $126 billion the day after Elon Musk struck a deal to buy Twitter for $44 billion
Michael Saylor calls bitcoin the ‘perfect asset’ for retirement accounts and safer than bonds as Fidelity moves to let investors put the crypto in their 401(k)
MicroStrategy CEO Michael Saylor told CNBC on Tuesday bitcoin is is the “perfect” asset for retirement plans. Saylor made his comments as Fidelity on Tuesday became the first major retirement company set to include bitcoin as an option for 401 (k) plans. MicroStrategy is working with Fidelity to incorporate bitcoin into its 401 (k) program. … Continue reading Michael Saylor calls bitcoin the ‘perfect asset’ for retirement accounts and safer than bonds as Fidelity moves to let investors put the crypto in their 401(k)
Nasdaq sinks 4% to lowest since Dec. 2020 ahead of key tech earnings and as investors weigh threat of a global economic slowdown
The Nasdaq plunged 4% Tuesday as investors looked ahead to key after-hours tech earnings. The three major indexes are all on track for losing months, with the Nasdaq more than 20% of its high. Morgan Stanley’s Mike Wilson predicted that the S&P 500 will enter a bear market within weeks. Loading Something is loading. US… Continue reading Nasdaq sinks 4% to lowest since Dec. 2020 ahead of key tech earnings and as investors weigh threat of a global economic slowdown
GE falls to 17-month low after earnings reveal inflation and supply-chain challenges are weighing on industrial giant’s profit outlook
GE stock slid 13% on Tuesday after the industrial conglomerate issued weak profit guidance. The company said inflationary and supply-chain issues were weighing on its 2022 outlook. GE sees its full-year profit at the low end of its $2.80-$3.50 forecast range. Loading Something is loading. General Electric shares tumbled more than 10% on Tuesday,… Continue reading GE falls to 17-month low after earnings reveal inflation and supply-chain challenges are weighing on industrial giant’s profit outlook
Russia halts gas shipments to Poland, signaling escalation against EU, report says
Polish news site Onet.Pl said Tuesday that Russia stopped gas shipments to Poland. The move signals escalation as the Kremlin looks to retaliate against EU sanctions. Russian President Vladimir Putin previously threatened to cut off countries not paying for gas in rubles. Loading Something is loading. Russia cut off natural gas supplies to Poland, government… Continue reading Russia halts gas shipments to Poland, signaling escalation against EU, report says
15 Shark Tank Products We Can’t Stop Using
We’re suckers for an entertaining reality show, and Shark Tank has it all — driven entrepreneurs, eager investors, and a whole lot of interesting ideas. If you’re not familiar with it, people pitch their products to the investors, who then decide whether or not they want to support the individuals with their own money. Despite… Continue reading 15 Shark Tank Products We Can’t Stop Using
Best Hotels for Kids to Make Your Trip One to Remember
Whether you’re planning your spring break getaway or getting a jumpstart on summer vacation plans, if you’re a parent you’re looking for something fun for the whole family. While activities will no doubt center around keeping the kids busy, it’s also nice to find a hotel that offers amenities adults and children alike will love.… Continue reading Best Hotels for Kids to Make Your Trip One to Remember