More articles on this subject
Profile picture of Forbes
Books. Biometrics. Beauty products. These 100 entrepreneurs, executives and entertainers made their fortunes in every conceivable way ... Show more
Profile picture of PBS
Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Rooting for Trump to fail has made his stock shorters millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
  • An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.

  • Their bets are driven by the company's poor financials rather than personal feelings towards the former president.

  • Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.

  • Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
Profile picture of Reuters
Google parent announces first-ever dividend; beats on sales, profit; shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock ...
reut.rs/3UyBaJX
Google parent announces first-ever dividend; beats on sales ...
Profile picture of Reuters
Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
Profile picture of Robb Report
Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket Book: Shares in Kering are down 18 percent this year, and the company's founder ...
robbreport.com/lifestyle/news/kering-future-francois-pinault-1235596657/
Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket ...
Profile picture of Robb Report
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht: Jefferies CEO Rich Handler sold $65 million worth of stock in the company to buy a yacht ...
robbreport.com/motors/marine/rich-handler-yacht-tilman-fertitta-1235594863/
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht
Profile picture of Reuters
Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
Hertz Global eyes worst day on record as EV rental business falters
Profile picture of Reuters
Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club
Profile picture of CNN.com
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Profile picture of Reuters
Anglo American rejects BHP's $39 billion takeover proposal: Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on ...
reuters.com/markets/commodities/bhp-shares-fall-36-after-making-39-bln-bid-rival-anglo-american-2024-04-26/
Anglo American rejects BHP's $39 billion takeover proposal
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
Profile picture of Reuters
Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
Profile picture of CNN.com
Google surges after buying back billions of dollars of its own stock: Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for ...
cnn.com/2024/04/25/tech/google-tech-earnings-dividend/
Google surges after buying back billions of dollars of its own stock
Profile picture of NBC News
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Meta loses $200 billion in value as Zuckerberg focuses earnings call on ...
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
Profile picture of Global News
Meta stock sinks as investors ‘caught off guard’ by AI spending plans - National | Globalnews.ca
trib.al/koZAe0e
Meta stock sinks as investors ‘caught off guard’ by AI spending plans - ...
Profile picture of NBC News
A $1 million wealth gap now divides white families from Black and Hispanic ones, research shows
nbcnews.com/news/latino/1-million-wealth-gap-white-black-hispanic-families-rcna149252
A $1 million wealth gap now divides white families from Black and Hispanic ...
Profile picture of InStyle
Taylor Swift Repeat-Wears This Do-It-All Spring Staple That’s as Low as $8: Taylor Swift wore a square-neck tank top with cap sleeves in a YouTube Shorts video ...
instyle.com/taylor-swift-square-neck-tank-top-8638512
Taylor Swift Repeat-Wears This Do-It-All Spring Staple That’s as Low as $8
Profile picture of N-tv
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
Profile picture of Insider (news website)
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Profile picture of Reuters
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears
Profile picture of Reuters
Solar firm SunPower to cut jobs, shut business segments: SunPower said on Wednesday it plans to cut jobs and shut certain business segments as part of a ...
reuters.com/business/energy/solar-company-sunpower-reduce-workforce-shut-business-segments-2024-04-24/
Solar firm SunPower to cut jobs, shut business segments
Profile picture of NBC News
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
cnbc.com/2024/04/24/djt-trump-media-ceo-asks-house-gop-to-launch-stock-manipulation-probe.html
Trump Media jumps more than 9% after CEO asks House GOP to probe possible ...
Profile picture of CNN.com
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
cnn.com/2024/04/24/business/trump-media-truth-social-stock-manipulation/
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ ...
Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
  • Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.

  • In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.

  • Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.

  • In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
Profile picture of Reuters
Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading. Show more
Profile picture of Mashable.com
Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
Tesla's in trouble. Is Elon Musk the problem?
Profile picture of USA Today
Trump to receive 36 million additional shares of Truth Social parent company, worth $1.17 billion
usatoday.com/story/money/2024/04/23/trump-truth-social-stock-price-bonus/73423982007/
Trump to receive 36 million additional shares of Truth Social parent ...
Profile picture of NPR
Trump to score additional $1.2 billion windfall thanks to his Truth Social app: Trump is getting additional shares in his social media company ...
npr.org/2024/04/23/1246645808/truth-social-shares-windfall-trump-media-technology-group
Trump to score additional $1.2 billion windfall thanks to his Truth Social ...
Profile picture of ELLE
Beyoncé Shares Her Wash Day Ritual And Reveals Natural Hair Length: Beyonce shared an Instagram video breaking down how she maintains her signature blonde using ...
elle.com/beauty/hair/a60566731/beyonce-cecred-haircare-routine/
Beyoncé Shares Her Wash Day Ritual And Reveals Natural Hair Length
Profile picture of The New York Times
Meta’s Profits More Than Double, While Spending on A.I. Rises: The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend ...
nytimes.com/2024/04/24/technology/meta-profit-stock-ai.html
Meta’s Profits More Than Double, While Spending on A.I. Rises
Profile picture of The Verge
Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Tesla’s in its flop era
Profile picture of Neowin
New version of Tiny11 Builder lets you debloat any Windows 11 build or version: If you think the stock Windows 11 is cluttered too much and you want a more ...
neowin.net/news/new-version-of-tiny11-builder-lets-you-debloat-any-windows-11-build-or-version/
New version of Tiny11 Builder lets you debloat any Windows 11 build or ...
Profile picture of CNN.com
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO: Shares in Chinese bubble tea chain Sichuan Baicha Baidao failed to pop during their market ...
cnn.com/2024/04/23/investing/chabaidao-ipo-hong-kong-flop/
Is the tea bubble bursting? ChaPanda shares plunge in Hong Kong IPO
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
Profile picture of The Hollywood Reporter
Paramount CEO Bob Bakish’s 2023 Pay Falls to $31.3M: Paramount Global reported the 2023 compensation for CEO Bob Bakish and pay for top executives at the ...
hollywoodreporter.com/business/business-news/paramount-ceo-pay-2023-bob-bakish-compensation-1235836066/
Paramount CEO Bob Bakish’s 2023 Pay Falls to $31.3M
Profile picture of Fortune (magazine)
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab ...
Profile picture of Otago Daily Times
Kmart's size 'will surprise': Customers will be "surprised at the size" of Kmart Dunedin once the nearly four-year wait is over ...
odt.co.nz/news/dunedin/kmarts-size-will-surprise
Kmart's size 'will surprise'
Profile picture of Insider (news website)
DJT SPAC: Trump to get $1.3B in bonus shares if stock doesn't crash: If Trump Media can trade above $17.50 a share by Tuesday's closing bell ...
markets.businessinsider.com/news/stocks/trump-media-stock-crash-sell-shares-djt-truth-social-spac-2024-4
DJT SPAC: Trump to get $1.3B in bonus shares if stock doesn't crash
Profile picture of Fortune (magazine)
Nvidia will soar 21% to $1,000 as its new AI chip slams would-be rivals, Morgan Stanley says. It’s among 10 stocks set to surge
fortune.com/2024/04/23/nvidia-amazon-morgan-stanley-10-stocks-to-buy/
Nvidia will soar 21% to $1,000 as its new AI chip slams would-be rivals ...
Profile picture of Grazia
Dominic West Reveals His Wife's Reaction To The "Absurd" Lily James Scandal
graziamagazine.com/articles/dominic-west-wife-reaction-lily-james-rumours/
Dominic West Reveals His Wife's Reaction To The "Absurd" ...
Profile picture of Fortune (magazine)
A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company’s surging shares
fortune.com/crypto/2024/04/20/michael-saylor-net-worth-microstrategy-stock-bitcoin-holdings-btc-mstr/
A dot-com entrepreneur who once lost $6 billion in one day has made ...
Profile picture of N-tv
Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.html
Record value for financial assets: German private households are richer ...