Oracle Corp
Binance is backing Elon Musk’s Twitter acquisition — here’s why it’s a big deal for crypto enthusiasts
Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Bitcoin exchange Binance’s move to participate in Elon Musk’s $44 billion takeover of Twitter could boost digital currency evangelists’ hopes for the development of a more “decentralized,” crypto-friendly social media platform. […]
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Elon Musk expected to serve as temporary Twitter CEO after deal closes
Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan. Rebecca Cook | Reuters Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC’s David Faber. An SEC […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after a strong Fed-driven relief rally A screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New […]
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Larry Ellison, crypto exchange Binance back Elon Musk’s $44 billion bid to buy Twitter
Oracle chairman of the board and chief technology officer Larry Ellison. Justin Sullivan | Getty Images A new filing shows that Oracle co-founder Larry Ellison, venture capital firm Sequoia and crypto exchange platform Binance are among a cohort of investors that plan to support Elon Musk’s $44 billion Twitter takeover. The SEC filing, published Thursday, […]
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These ETFs offer protection to investors worried about a recession, Citi says
Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says. Source
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Elon Musk will be the most indebted CEO in America if the Twitter deal goes through
The world’s richest person could soon add another title to his name – America’s most leveraged CEO. Two-thirds of Elon Musk’s financing for the $44 billion deal to take Twitter private will have to come out of his own pocket. That pocket is deep. He has a net worth of about $250 billion. Yet because […]
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Warren Buffett’s charity lunch auction is back – and it’s your last chance to bid on a meal with the billionaire investor
If you’re looking for an opportunity to break bread with Warren Buffett, this could be your last chance to bend his ear. The 91-year-old billionaire investor is raising money for charity by auctioning off a lunch with himself, reviving an annual tradition after a two-year hiatus due to the Covid-19 pandemic. And according to the […]
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These stocks look attractive in a beaten-down tech sector, analysts say
The tide is turning for tech stocks, according to a number of analysts who reveal their top stock picks in the sector. Source
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These are the stocks to own if a recession hits, Citi says
Citi has named a raft of stocks it thinks will do well if a recession comes to town. Source
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Germany’s SAP joins western corporate exodus from Russia
Uwe Anspach | picture alliance | Getty Images Business software group SAP plans to exit Russia completely in response to Moscow’s invasion of Ukraine, although it said on Tuesday it might be possible for Russian users to run its software for years without support. SAP joined a long list of companies, including rival Oracle last month in […]
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