November 9, 2022
Via: ABC NewsTwitter’s new owner and Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to […]
Capital, Enterprise, Finance Tech, Industries
July 11, 2022
Via: The Wall Street JournalElon Musk’s showdown with Twitter Inc. has set the stage for what could become one of the most unusual courtroom battles in corporate-takeover history—a spurned acquisition target that never sought to be bought potentially trying to force the buyer who […]
Capital, Enterprise, Finance Tech, Industries
May 26, 2022
Via: Markets InsiderTwitter stocks rose more than 5% in premarket trading Thursday after Elon Musk fronted more of his own wealth to fund his $44 billion buyout offer. Musk will put up another $6.25 billion of equity for the deal, lifting the […]
May 13, 2022
Via: Investing.comGrowth stocks led a rebound in Wall Street’s main indexes on Friday in a week marred by worries about the worsening outlook for economic growth, while Twitter sank after Elon Musk put his deal for the social media company on […]
May 12, 2022
Via: ABC NewsShares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric […]
April 26, 2022
Via: TechRadarYou don’t even need 280 characters to deliver this momentous news: Elon Musk just bought Twitter. The Tesla CEO and SpaceX founder has been circling the popular social media platform for weeks, using Twitter itself as a medium to announce […]
April 4, 2022
Via: Sky NewsA regulatory filing showed the tycoon had snapped up 73,486,938 Twitter shares. The stake is worth $2.89bn (£2.2bn), based on Twitter’s closing price on Friday. Musk is a frequent user of Twitter and has more than 80 million followers, but […]
January 4, 2022
Via: TechRadarTwitter has officially completed the sale of its mobile ads platform MoPub to AppLovin, netting the company a cool $1.05 billion. MoPub helped Twitter generate around $190 million in revenue during 2020, but the company felt that having the platform […]
Capital, Finance Tech, Industries, Others
April 30, 2020
Via: Market WatchTwitter Inc. helped keep the earnings winning streak alive for social-media stocks Thursday morning as the company topped expectations with its first-quarter results. Shares surged more than 7% in premarket trading. The company reported a net loss of $8 million, […]
October 24, 2019
Via: The New York TimesTwitter posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15 percent. Shares of the micro-blogging platform dropped […]
Finance Tech, Industries, Others, Trading
September 7, 2018
Via: USA TODAYThe hottest stocks on Wall Street are starting to cool. It’s not just trade war fears, rising interest rates and political turbulence at the White House giving shareholders pause. The latest angst involves technology stocks, which have hit a rough […]
July 18, 2018
Via: CNBCMacquarie Research lowered its rating on shares of Twitter to “neutral” from “buy” on Wednesday, saying the best is behind the stock after moving nearly 50 percent move higher since the firm upgraded the stock in April. “After [the] recent […]
June 5, 2018
Via: Market WatchU.S. stock futures were rising modestly on Tuesday, with technology shares poised to potentially lead the gains again on the heels of the Nasdaq’s first record finish in months. A smattering of economic data is en route, including the Institute […]
February 9, 2017
Via: USA TODAYTwitter is scheduled to report fourth-quarter earnings before the market opens on Thursday. EARNINGS FORECAST: Analysts expect Twitter to report earnings of 12 cents a share, excluding certain expenses, down from 16 cents a share a year ago. REVENUE FORECAST: […]
Finance Tech, Mobile Banking & Payments
November 2, 2016
Via: TheStreetInvestors anxious about whether Jack Dorsey’s return to the top job at Twitter(TWTR) was hindering his work as CEO of payment-processor Square (SQ) had some of their worries allayed on Tuesday. The San Francisco-based finance business reported a loss of 9 cents […]
October 27, 2016
Via: TimeTwitter Inc’s quarterly revenue growth slowed sharply in the third quarter but topped analysts’ expectations, and the company said it would cut 9 percent of its global workforce. The social network has been struggling to sign up new users amid […]
October 12, 2016
Via: CNBCTwitter shares snapped a three-day losing streak Tuesday after two firms made bullish calls on the stock, based on fundamentals and potential upside. The stock gained about 2.5 percent Tuesday, after falling 11.5 percent on Monday. Twitter shares have been […]
September 27, 2016
Via: TimeThe list of potential Twitter acquirers continues to grow. In addition to recent reports that Salesforce and Google are interested in possibly buying the real-time news service, Disney is now said to be considering an acquisition bid as well. The […]
September 26, 2016
Via: TimeA few major technology companies may make a play on acquiring Twitter before the end of the year. Among the biggest names interested in purchasing the social network are Google and customer relationship management firmSalesforce, according to CNBC. Any potential […]
June 3, 2016
Via: TimeWith 150 million people sending “snaps” every day, Snapchat—the social network that relies on ephemeral, in-the-moment photos and short videos—now has moredaily users than Twitter, according a report from Bloomberg citing anonymous sources familiar with the matter. Popularity of the […]