The Dow Jones Industrial Average’s DJIA, +1.01% 307-point rally in morning trading Thursday was unanimous, as all 30 components were gaining ground. The top performers were shares of Walt Disney Read more
Tag: media
These 20 energy stocks are worth a look if you think oil prices will soar in 2023
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market Read more
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% Read more
AMC stock plunges after $110 million capital raise, 1-for-10 reverse split proposal
Shares of AMC Entertainment Holdings Inc. AMC, -15.00% plunged 20.6% toward 22-month lows, after the movie theater operator announced a $110 million equity capital raise and said it was seeking Read more
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it Read more
House Jan. 6 select committee expected to advise Justice Department to hit Trump with criminal charges
WASHINGTON (AP) — The House Jan. 6 committee is wrapping up its investigation of the violent 2021 U.S. Capitol insurrection, with lawmakers expected to cap one of the most exhaustive Read more
Twitter bans accounts that promote other social networks
Twitter on Sunday announced it will ban accounts that post links or usernames for certain “prohibited” third-party social media platforms. “We will no longer allow free promotion of certain social Read more
Tesla’s ‘Twitter nightmare’ to continue, analyst says
Tesla Inc. stock edged higher Thursday, but Wedbush analyst Dan Ives minced no words to decry what he called an ongoing Twitter Inc. “funding nightmare,” accusing Chief Executive Elon Musk Read more
Elon Musk just sold $3.6 billion more in Tesla stock as Twitter turmoil continues
Tesla Inc. Chief Executive Elon Musk just sold nearly $3.6 billion more of the company’s stock, according to a filing with the Securities and Exchange Commission released late Wednesday. Musk Read more
Elon Musk says he’s taking ‘legal action’ against owner of Twitter account that tracked his plane
Twitter owner Elon Musk has gone back on a “commitment” made just over a month ago. Since taking over Twitter, Musk has vowed to make the platform more oriented to Read more