It’s no secret that Exchange it happened Cliff since the beginning of the year. Tech giants like Apple, Microsoft, Google and Amazon have not been helpful at all. All of its stocks fell by double-digit percentages. So far in 2022, the S&P 500 has dropped more than 12 percent and briefly dropped more than 20 […]
Tag: Stock
Twitter shareholders sue Elon Musk, says he’s ‘deflated’ stock price
Twitter shareholders have accused Elon Musk of engaging in “illegal behavior” aimed at casting suspicion over his bid to buy the social media company. The lawsuit, filed late Wednesday in the U.S. District Court for the Northern District of California, alleges that Twitter tried to lower its stock price because the billionaire Tesla CEO wanted […]
Bitcoin Is Increasingly Behaving Like Another Tech Stock
Unlike the idealists who fueled the initial enthusiasm for Bitcoin in the 2010s, these professional traders see cryptocurrency as part of a broader portfolio of high-risk, high-reward technology investments. Some are under pressure to deliver short-term returns for customers and less ideologically committed to Bitcoin’s long-term potential. And as they lose faith in the tech […]
Musk sells $8.5 billion in Tesla stock as he prepares to buy Twitter
Three days after Elon Musk devised a deal to buy Twitter, he sold nearly $8.5 billion worth of shares in Tesla to help finance the acquisition. Musk reported 9.6 million share sales in filings with the Securities and Exchange Commission on Thursday and Friday. Transactions were made at prices ranging from $822.68 to $999.13 per […]
Elon Musk sells $4 billion worth of Tesla stock, possibly for Twitter
DETROIT — Elon Musk has sold 4.4 million Tesla shares worth about $4 billion, most likely to help finance his acquisition of Twitter. Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. Shares were recently sold at prices ranging from $872.02 to $999.13. The richest man in the world, […]
How Can Tesla Stock Musk Sale Affect Markets?
Mr. Musk had previously sold large slices of Tesla’s stock. Last year, it sold 15 million shares worth more than $16 billion in two months. These sales did not measurably lower Tesla’s price, but it is unknown whether the price would have risen if it hadn’t. What happens to the rest of the market when […]
How Can Tesla Stock Price Affect the Markets?
Mr. Musk had previously sold large slices of Tesla’s stock. Last year, it sold 15 million shares worth more than $16 billion in two months. These sales did not measurably lower Tesla’s price, but it is unknown whether the price would have risen if it hadn’t. What happens to the rest of the market when […]
Elon Musk shook social media with a large share of Twitter stock
Billionaire Elon Musk is poised to become Twitter’s largest shareholder after questioning whether the social media platform needs a new competitor. Mr. Musk took a 9.2% stake in Twitter, buying about 73.5 million shares, according to one regulator. filing On Monday, that’s an estimated value of $2.9 billion. Twitter’s stock rose 25% during trading Monday […]
Stocks gain ground, Twitter Musk stock soars on news
Major tech and communications stocks posted solid gains in afternoon trading on Wall Street on Monday, helping the broader market rise. The S&P 500 was up 0.5% as of 1:54 p.m. East. The Dow Jones Industrial Average rose 22 points, or 0.1%, to 34,842 and the Nasdaq rose 1.6%. More stocks were losing value than […]
‘Nation’s Psychiatrist’ Thomas Insel Takes Stock
The nation’s mental health crisis is “a question of practice, not a question of research,” he said. Good treatments already exist for serious illnesses like schizophrenia and bipolar disorder, he said, and it’s not the job of scientists at NIMH to provide services. He said it had nothing to do with what they did. “He […]
