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1 min read

Trump Media stock is down 70% since going public. One expert says its $3 billion valuation is still 'unjustifiable.'

"They had sales of $837,000 last quarter and a net loss of $16.4 million. The numbers don't jive," …

Matthew Fox   


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2 mins read

Stock market today: Stocks snap the 9-day rally as investors gear up for key labor report

The S&P 500 failed to extend its rally to a ninth day. Investors are adrift while they wait for new…

Filip De Mott   


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5 mins read

The future of the S&P 500 has everyone divided

Some banks see an end to the era of big gains in the stock market while others believe there is sti…

Dan DeFrancesco   


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4 mins read

Why the election felt like the 2021 meme stock rally — but way bigger

Elon Musk and Mark Cuban rallied both memesters in 2021 and voters this year, traders made big bets…

Theron Mohamed   


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2 mins read

GameStop stock tanks 24% as weak earnings trump Roaring Kitty's planned livestream

GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment off…

Theron Mohamed   


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2 mins read

The South Park jinx could be coming for high-flying weight-loss stocks

An analysis found that a stock underperformed the S&P 500 by a median of 7% in the year after being…

Matthew Fox   


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4 mins read

Inside Roaring Kitty's 3 insane weeks of hyperactive social media posting that sparked a feeding frenzy for GameStop stocks

Keith Gill, better known as Roaring Kitty, reignited the craze for GameStop shares after he started…

Kwan Wei Kevin Tan   


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4 mins read

Trump Media's stock is almost certain to crash

Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…

Emily Stewart   


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4 mins read

Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal

Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …

PTI   


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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   


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2 mins read

Trump's social media stock is tanking. Here are 2 possible reasons.

It's hard to make sense of a meme stock's moves. But let's try, anyway.

Peter Kafka   


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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   


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2 mins read

Tesla's record deliveries in Q2 were driven by price cuts and are already priced into its stock, short seller Jim Chanos says

Tesla delivered 20,000 more vehicles than expected last quarter, but outperformance is already refl…

Theron Mohamed   


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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   


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2 mins read

Twitter jumps 4.5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal

Musk had previously declared his Twitter takeover "on hold" - but has now upped the amount of equit…

George Glover   


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1 min read

Twitter drops 5.6% after Elon Musk walks away from $44 billion takeover bid and a legal battle brews

Musk agreed to buy the social media company back in April, but has now walked away from that deal.

George Glover   


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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   


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1 min read

Twitter jumps after the company tells employees its deal with Elon Musk is still on and that it won't renegotiate the $54.20 takeover price

There is "no such thing as a deal being on hold," Twitter's top lawyer, Vijaya Gadde, told employee…

Matthew Fox   


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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   


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1 min read

Twitter's stock has fallen so much that Elon Musk's $1.1 billion profit is now a $40 million loss

Twitter has fallen 31% over the past four weeks, wiping out the entirety of Elon Musk's $1.1 billio…

George Glover