Elon Musk sent a letter to Twitter TWTR, +12.67% indicating he will move forward with his original proposal that he acquire the company for $54.20 a share, according to a Read more
Tag: Corporate Actions
More than half of Silicon Valley residents still want to move away, poll finds
There is growing pessimism in Silicon Valley and the Bay Area as residents continue to deal with the high cost of housing, the high cost of living, homelessness, drought and Read more
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, Read more
Twitter stock jumps after report says Elon Musk now wants to buy Twitter at original offer price
Twitter Inc. shares were halted in midday trading Tuesday after reports indicated that Tesla Inc. Chief Executive Elon Musk was now proposing to purchase the social-media company at his original Read more
Twitter stock jumps after report says Elon Musk now wants to buy Twitter at original offer price
Twitter Inc. shares were halted in midday trading Tuesday after reports indicated that Tesla Inc. Chief Executive Elon Musk was now proposing to purchase the social-media company at his original Read more
Elon Musk sparks outrage in Ukraine over Russia tweets
Elon Musk’s tweets saying that Crimea rightfully belongs to Russia and proposing a referendum in Russian-occupied parts of Ukraine have provoked a firestorm of criticism from Ukraine and its supporters — and Read more
Chinese EV maker Nio’s stock resumes selloff, even as quarterly deliveries rise to a record
Shares of Nio Inc. resumed its recent selloff toward a more than four-month low on Monday, reversing an earlier intraday gain, after the China-based electric-vehicle maker reported an uptick in Read more
Box stock enjoys best day this year after Morgan Stanley analyst says ‘value is underappreciated’
Shares of Box Inc. had their biggest daily percentage gain this year Monday, after Morgan Stanley analysts said the cloud-storage platform was “underappreciated” and is holding up despite a wobbly Read more
Itochu Corp. shares surge after guidance upgrade, buyback plan
Itochu Corp. shares 8001, +6.40% rose sharply Tuesday morning after the Japanese trading house boosted its fiscal-year earnings guidance and announced a share buyback plan. The shares were recently 7.1% Read more
Poshmark to be bought by South Korean internet company Naver in $1.2 billion deal
Online secondhand-fashion marketplace Poshmark Inc. has agreed to be bought by South Korean internet company Naver in a $1.2 billion deal, the companies announced Monday, a move that executives said Read more