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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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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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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   


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Carla Mozée   


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Elon Musk's Twitter moves drove the biggest 2-day push by retail traders into the social media platform on record, research firm says

The Tesla CEO made a splash this week with the announcement of a passive stake that quickly became …

Carla Mozée   


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Twitter market value jumps more than $4 billion on news Jack Dorsey is stepping down as CEO; gains since erased

Parag Agrawal, who has been Twitter's CTO since 2017, will be the company's new CEO effective immed…

Carla Mozée   


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Twitter and Facebook have seen $51 billion in combined market value wiped out since booting Trump from their platforms

Both social-media giants said keeping the president on their platforms posed a risk of further inci…

Ben Winck   


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Twitter stock tumbles 11% after Elon Musk says $44 billion buyout deal is on hold

Elon Musk tweeted to say the $44 billion Twitter deal had been paused, pending more details about f…

Harry Robertson   


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Twitter jumps 6% after the social media giant buys Substack competitor Revue

Twitter announced the acquisition of Revue for undisclosed terms. The newsletter service will help …

Will Daniel   


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Twitter jumps 5% after Elon Musk offers to buy company for $54.20 a share

"Twitter has extraordinary potential. I will unlock it," Musk told the company's shareholders as he…

Harry Robertson   


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Twitter tumbles 14% after 1st-quarter earnings disappoint on user-growth expectations

Twitter reported lower-than-expected monthly active users, and Wedbush lowered its rating on the st…

Emily Graffeo   


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Twitter jumps as social media site aims to 'at least' double revenue by 2023

Twitter outlined long-term goals to investors including "at least" doubling revenue by 2023, a move…

Carla Mozée   


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There's one big flaw in Elon Musk's argument that Tesla stock is falling because the Fed is raising interest rates

Tesla stock is down 39% since Elon Musk completed his purchase of Twitter, compared to a 1% decline…

Matthew Fox   


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Tesla and Twitter lead the 10 most talked about stocks on Reddit's WallStreetBets forum

After WallStreetBets gained notoriety during the meme-stock craze, one data aggregator is compiling…

Matthew Fox   


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Tesla and Nvidia lead the 10 most talked about stocks on Reddit's WallStreetBets forum

After gaining notoriety during the meme-stock craze, one data aggregator is compiling the most ment…

Matthew Fox   


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Tesla and Twitter lead the 10 most talked about stocks on Reddit's WallStreetBets forum

After gaining notoriety during the meme-stock craze, one data aggregator is compiling the most ment…

Matthew Fox   


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Tesla falls to its lowest level since May 2021 as Elon Musk turns attention to Twitter turnaround and fears grow of more stock sales

Investors aren't happy that Elon Musk has reportedly tapped a team of Tesla engineers to help turn …

Matthew Fox   


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$315 billion in market value has been erased from these 4 companies since Apple's iOS privacy changes went into effect last year

Meta Platforms expects the headwind stemming from Apple's IDFA privacy change to "moderately increa…

Matthew Fox   


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These were the top 10 stocks in billionaire investor David Tepper's hedge fund in the 2nd quarter

In May, billionaire investor David Tepper said that the stock market was overvalued, but his hedge …

Matthew Fox