(RTTNews) - Twitter, Inc. (TWTR) said it has entered into a letter agreement with Elon Musk, under which the company will appoint Musk to the Board to serve as a class II director with a term expiring at the 2024 Annual Meeting of Stockholders.
The first quarter of 2022 proved to be one of the most volatile quarters in recent U.S. stock market history as inflation issues combined with valuation concerns, rising interest rates, and ongoing supply chain constraints.
Did Elon Musk break securities laws again? Former securities officials and professors said Musk may have missed a key disclosure deadline when he bought 9% of Twitter. And Securities and Exchange Commission regulators could use any shortfall to try to punish Musk more for other lapses, some believe.
HONG KONG (Reuters Breakingviews) - In “America Second”, Isaac Stone Fish lays into executives who suck up to Beijing. He and Pete Sweeney discuss how politics and economics are forcing U.S. companies to reframe their approach, what
In her popular book The Scout Mindset, Julia Galef offers an insightful test for whether we are processing new information with an open mind. For statements that support your belief, are you asking yourself, "Do I have to believe this?" or are you asking yourself, "Is this true?"
Australian shares ended marginally higher on Tuesday, as surging oil prices lifted energy stocks and tech firms tracked Wall Street higher, although gains were capped by the central bank's signal of the first interest rate hike in more than a decade.
Asian stocks ticked up to their highest in more than a month supported by broad gains on Wall Street on Tuesday, while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.
Australian shares rose on Tuesday, as soaring oil prices lifted energy stocks and growth stocks tracked Wall Street peers higher, while investors awaited policy decision by the central bank, which is expected to stand pat on interest rates.
Amazon AMZN, the widely-hailed mega-cap technology giant, shocked the market by announcing a 20-for-1 stock split back in early March. Amazon shares have been in cruise mode over the last few years, soaring as high as $3,750 at all-time highs and significantly raising the
Market indexes put on a display of strength to kick off a fresh week of trading — looking, perhaps, for a fourth-straight week in the green. This after a mixed start in pre-market trading, without a lot of shifting winds to change course. The Dow, which was down a couple
What happened
Electric vehicle (EV) maker Nikola (NASDAQ: NKLA) wasn't affected by the Monday blues at all. The company's stock popped by just under 5% on the day, trouncing the S&P 500 index's 0.8% gain. The latest big deal in the EV segment pushed up stocks of affected comp
Stocks on global indexes rose on Monday, with the Nasdaq and growth names leading gains on Wall Street, while the U.S. dollar strengthened on talk of more sanctions against Moscow following international outrage over Ukraine civilian killings.
Wall Street's main indexes rose on Monday, boosted by megacap tech and growth stocks and a surge in Twitter after Elon Musk revealed his stake in the company, amid cautionary signals in the bond market and talk of more sanctions against Russia over Ukraine.
Technology stocks extended their Monday advance, with the SPDR Technology Select Sector ETF (XLK) rising 1.8% and the Philadelphia Semiconductor Index gaining 1.6% this afternoon.
The benchmark S&P 500 index rose on Monday, boosted by megacap tech and growth stocks and a surge in Twitter after Elon Musk revealed his stake in the company, amid cautionary signals in the bond market and talk of more sanctions against Russia over Ukraine.
Wall Street's main indexes rose on Monday, boosted by megacap tech and growth stocks and a surge in Twitter after Elon Musk revealed a stake in the company, despite cautionary signals in the bond market and talk of more sanctions against Russia over Ukraine.
One of Twitter's (TWTR, $39.31) bigger headaches developed into a full-blown migraine Monday after Tesla (TSLA) founder and world's richest person Elon Musk disclosed a 9.2% stake in Twitter stock.The mercurial billionaire is now the single largest shareholder in the social media
What happened
Shares of fast-growing automotive company Tesla (NASDAQ: TSLA) jumped in Monday afternoon trading, up 4.5% as of 1 p.m. ET despite missing on earnings over the weekend.
NEW YORK (Reuters Breakingviews) - Unlike Twitter, Edgar isn't a household name. But occasionally the latter - the Securities and Exchange Commission's public filing database - can be a more powerful platform. Tesla boss Elon Musk disclosed in a
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