Tag: Twitter

Enterprise, Industries

Elon Musk sells $3.95 billion worth of Tesla stock

November 9, 2022

Via: ABC News

Twitter’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

Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.

July 11, 2022

Via: The Wall Street Journal

Elon 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

Twitter jumps more than 5% after Elon Musk puts up another $6.25 billion of his own wealth to fund the takeover deal

May 26, 2022

Via: Markets Insider

Twitter 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 […]

Finance Tech, Trading

Wall Street rallies as growth stocks rebound; Twitter slides

May 13, 2022


Growth 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 […]


Tesla, Twitter shares drop as Elon Musk’s legal issues grow

May 12, 2022

Via: ABC News

Shares 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 […]

Capital, Finance Tech, News

Elon Musk buys Twitter

April 26, 2022

Via: TechRadar

You 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 […]

Enterprise, Industries

Twitter shares take off as Elon Musk buys stake worth almost $3bn

April 4, 2022

Via: Sky News

A 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 […]


Twitter just sold its mobile ad business for more than a billion dollars

January 4, 2022

Via: TechRadar

Twitter 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

Twitter stock surges after earnings, user growth top expectations

April 30, 2020

Via: Market Watch

Twitter 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, […]

Industries, Others

Twitter Shares Plunge After Revenue Hit by Low Demand

October 24, 2019

Via: The New York Times

Twitter 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

Facebook, Twitter and other tech stocks swoon amid threat of government regulation

September 7, 2018


The 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 […]

Industries, Others

Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade

July 18, 2018


Macquarie 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 […]

Finance Tech, Trading

U.S. stock futures edge higher, with techs eyeing a new record

June 5, 2018

Via: Market Watch

U.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 […]


Twitter Q4 earnings: What to expect

February 9, 2017


Twitter 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

Square’s 39% Growth Shows CEO Dorsey Isn’t Distracted by Twitter

November 2, 2016

Via: TheStreet

Investors 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 […]


Twitter to Lay Off 9% of Workforce as Revenue Slows

October 27, 2016

Via: Time

Twitter 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 […]

Finance Tech, Trading

Twitter ends three-day losing streak as analysts make bullish calls

October 12, 2016


Twitter 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 […]


Twitter Stock Surges On Disney Takeover Rumor

September 27, 2016

Via: Time

The 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 […]


These Massive Tech Companies Might Buy Twitter

September 26, 2016

Via: Time

A 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 […]


Snapchat Overtakes Twitter in Daily Users

June 3, 2016

Via: Time

With 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 […]