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2 mins read
Tesla's stock plunge could turn around quickly if it gets a 'real CEO,' investor Ross Gerber says
"This could turn around very quickly if either Tesla gets a real CEO who's actually going to help t…
Filip De Mott
2 mins read
Tesla stock is plunging back to earth because Elon Musk has too many unfinished projects, investor Ross Gerber says
Elon Musk has effectively "stepped aside" as Tesla CEO and is "delusional" for wanting more ownersh…
Jennifer Sor
1 min read
Roaring Kitty post of a dog sparks brief rally in shares of Chewy and Petco
Gill posted an image of a dog on his X account, causing the petcare stocks to spike Thursday aftern…
Jennifer Sor
3 mins read
Here's how moguls like Rupert Murdoch control their companies — without owning their companies
The Murdoch family is fighting over the future of its empire. Their special voting shares mean regu…
Peter Kafka
2 mins read
Trump takes near-$4 billion hit on Truth Social since May — and the stock faces a fresh selling spree
Donald Trump's Truth Social holding has tanked in value since his return to X and Kamala Harris' no…
Theron Mohamed
2 mins read
Elon Musk diverting Nvidia chips from Tesla to X shows the EV maker is not his priority, longtime Tesla investor Ross Gerber says
"Tesla is kind of the bottom of the pecking pole of Elon's companies," longtime shareholder Ross Ge…
Jennifer Sor
1 min read
Keith Gill scored a one-day gain of $79 million after disclosing his GameStop stake on Reddit
Gill's GameStop call options expire on June 21 and give him the option to acquire 12 million shares…
Matthew Fox
2 mins read
Elon Musk tells X staff to write a one-page summary of their achievements to get stock options, report says
In an email to staff reported by The Verge, Elon Musk told staff to submit a summary of their contr…
Tom Carter
1 min read
Tesla stock jumps after Elon Musk says he's stepping down as CEO of Twitter
The billionaire tech mogul tweeted his announcement Thursday afternoon and said he would transition…
Phil Rosen
1 min read
Trump Media picks new accountants after last ones were charged with 'massive' scam
Trump Media has engaged a new Phoenix-based firm after its previous auditors, BF Borgers, settled w…
Geoff Weiss
2 mins read
Trump Media's auditor charged with 'massive fraud' by SEC
The SEC said Trump Media's accounting firm, BF Borgers, committed fraud in more than 1,500 filings …
Geoff Weiss
4 mins read
Trump's stock bust came even quicker than I expected
Trump Media's DJT stock price has plunged since its SPAC merger. And it's probably going to get wor…
Emily Stewart
2 mins read
Wall Street analyst defends Nvidia from 'Twitter randos' spreading bearish conspiracy theory
"We can't believe we feel the need to write this note today. And yet, here we are," Bernstein analy…
Matthew Fox
2 mins read
Elon Musk slams one wealth measure as flawed, as he owns stock in his companies not a 'giant pile of cash'
Elon Musk says it's "silly" to look at his wealth gain per minute, as he owns stakes in companies l…
Theron Mohamed
1 min read
US stocks end higher but Wall Street closes out losing week amid interest rate concerns
A tighter-than-expected labor market renewed worries that the Federal Reserve may have to raise int…
Filip De Mott
1 min read
Elon Musk only sold Tesla stock because it was 'desperately needed' for the Twitter deal - and says he doesn't know his net worth
"I sold a lot of Tesla stock to close this deal. I did not want to sell the Tesla stock," Musk told…
Zinya Salfiti
1 min read
Short-seller Hindenburg Research has built up a large stake in Twitter - and is betting against Elon Musk
"Musk has squandered much of his leverage, largely through misadvised and compulsive tweets," Hinde…
George Glover
1 min read
Elon Musk promises 'very significant' Twitter stock awards for remaining employees after latest round of layoffs, report says
"Those who remain are highly regarded by those around them," CEO Elon Musk said in a memo to Twitte…
Filip De Mott
2 mins read
Elon Musk bemoans selling Tesla stock to buy Twitter - and pokes fun at Michael Burry for deleting his profile
The Tesla, SpaceX, and Twitter CEO warned investors against buying stocks using margin debt, as the…
Theron Mohamed
2 mins read
US stocks trade mixed as the Fed begins its 2-day policy meeting
Tuesday marks the start of the Fed's FOMC meeting for July, while investors can also look forward t…