Tesla Inc
Elon Musk’s Twitter board seat raises questions about his plans for the company
BRITTA PEDERSEN | AFP | Getty Images Twitter said on Tuesday that Elon Musk is joining its board. A day earlier, Tesla’s CEO and the world’s richest person disclosed that he’s the social media company’s biggest shareholder. Beyond becoming the latest Silicon Valley drama, investors are trying to figure out what it all means. Twitter’s […]
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There’s a new way to quickly send U.S. dollars around the world with bitcoin
A visual representation of Bitcoin cryptocurrency. Edward Smith | Getty Images There’s a new and low-cost way to quickly send U.S. digital dollars around the world without a bank. And it’s built on bitcoin. Blockchain start-up Lightning Labs announced Tuesday that it’s launching the Taro protocol, a technology that will route fiat-pegged stablecoins and other […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after two-session winning streak Traders on the floor of the NYSE, April 4, 2022. Source: NYSE U.S. stock futures dipped Tuesday after back-to-back gains on Wall Street. The Nasdaq advanced nearly 2% to […]
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Elon Musk asks Twitter users if they want an edit button; shares rise in premarket trading
Elon Musk’s investment in Twitter comes after he said he was considering building a new social media platform. Jim Watson | AFP | Getty Images Elon Musk has asked Twitter users if they want an edit button to be added to the platform — hours after taking a 9.2% passive stake in the company, making […]
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Jim Cramer on how 9 ‘pandemic plays’ that rallied Monday will perform going forward
CNBC’s Jim Cramer on Monday said that some of the pandemic-era winners that rallied on Monday will be able to hold onto their recovery while others will flounder. “When you see all the so-called pandemic plays roaring, without any kind of upsurge in Covid, you’ve got to take them on a case-by-case basis,” the “Mad […]
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Elon Musk just bought 9% of Twitter—here’s how much money you’d have if you invested $1,000 five years ago
Twitter shares soared in Monday morning trading after filings revealed that Tesla CEO Elon Musk had purchased a 9.2% stake in the social network. Musk’s 73,486,938 shares make him Twitter’s largest shareholder, and were valued by CNBC at $2.89 billion at Friday’s closing price — a fraction of the world’s richest man’s $273 billion fortune, […]
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Elon Musk thumbs his nose at the SEC again with Twitter stake
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images The Securities Exchange Commission has another reason to come after Elon Musk. The world’s richest man disclosed Monday that he’s acquired […]
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Twitter on track for its best day since IPO after Musk buys in
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Twitter stock is on track for its best day since its IPO, with shares up more than 29%, after an SEC filing revealed Musk acquired a 9.2% passive stake in the […]
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared […]
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