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The banks that funded Musk’s $13B purchase of Twitter could be second-guessing their decision

August 20, 2024
The banks that loaned Musk $13B to buy Twitter might be having regrets

As investors, we are always on the lookout for potential opportunities to grow our portfolios. However, not every investment pans out as expected, and one recent example of this is X, formerly known as Twitter. … Read more

Categories Finance Tags 13B, Banks, decision, Funded, Musks, Purchase, secondguessing, Twitter

Despite exclusion from Twitter Payments, Dogecoin price predicts $0.15 rally as Elon Musk watches.

June 23, 2024
Dogecoin Price Eyes $0.15 Rally Despite Elon Musk Excluding DOGE from Twitter Payments

Welcome to Extreme Investor Network, where we provide unique insights and analysis on all things related to the stock market, trading, and Wall Street. Today, we’re diving into the world of Dogecoin and the impact … Read more

Categories Stocks, Bonds, and Trading Tags Dogecoin, Elon, exclusion, Musk, Payments, predicts, price, Rally, Twitter, Watches

Stocks tumble after Powell’s slower but higher cues

November 4, 2022
Stocks tumble after Powell's slower but higher cues

U.S. stocks sank lower early Thursday as Wall Street reeled from assertions by Federal Reserve Chair Jerome Powell that hopes for a policy pivot were “premature” after the central bank delivered a fourth consecutive interest rate … Read more

Categories Stocks, Bonds, and Trading Tags Dow Jones Industrial, Elon Musk, Federal Reserve, Jerome Powell, SP 500, Twitter, Wall Street

Twitter sued by employees after mass layoffs begin

March 16, 2024November 4, 2022
Elon Musk twitter account on a smartphone

Twitter was sued by former employees who say they were not given enough notice under federal and California law that they had lost their jobs amid ongoing mass layoffs. The class-action lawsuit was filed in … Read more

Categories Business News Tags Elon Musk, Twitter

CZ Suggests Binance Pay as ‘Solution’ for Crypto Payments on Twitter

November 3, 2022
ethereum cryptocurrency

Crypto exchange Binance has plunged $500 million into Elon Musk’s takeover of social media platform Twitter, with a view to giving crypto a “seat at the table.” Now, Binance CEO Changpeng ‘CZ’ Zhao appears to be mulling a deeper integration of … Read more

Categories Cryptocurrency Tags Binance, Twitter

Florida hedge fund could reap around $200 million from big arbitrage bet on Twitter

March 16, 2024October 5, 2022
Elon Musk twitter account on a smartphone

Among the big winners in Elon Musk’s agreement to follow through with his deal to buy Twitter is an activist hedge fund based in a coastal Florida city that was just wrecked by Hurricane Ian. Pentwater Capital, a 15-year-old … Read more

Categories Business News Tags Elon Musk, Pentwater Capital, Twitter

Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bid

March 16, 2024July 22, 2022
Elon Musk twitter account on a smartphone

Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue, and user growth. Shares of Twitter fell as much as 2% in premarket trading. Here are the key numbers: Earnings per share: A loss … Read more

Categories Business News Tags Elon Musk, Twitter

What if Musk is right about Twitter’s bot problem?

March 16, 2024July 17, 2022
Elon Musk twitter account on a smartphone

Elon Musk could soon face off against Twitter in a Delaware court over whether he should be forced to buy the social media company. Musk’s excuse for backing out? Bots. Specifically, how many bots run rampant on … Read more

Categories Business News Tags Elon Musk, Twitter

Stocks slide to start the week as Wall Street prepares for earnings season to kick off

July 11, 2022
Target has lower profit than expected

U.S. equities fell Monday as Wall Street braced for big company earnings reports slated for later in the week which could signal how inflation is impacting businesses. The Dow Jones Industrial Average shed 140 points … Read more

Categories Stocks, Bonds, and Trading Tags Dow Jones Industrial, Netflix, SP 500, Twitter, Wall Street

Twitter shares sink in premarket trading after Elon Musk terminates $44 billion deal

March 16, 2024July 11, 2022
Elon Musk twitter account on a smartphone

Twitter shares sank in premarket trade Monday after Elon Musk said he is trying to terminate his $44 billion takeover of the company. Shares of the social media platform were down 5% in U.S. premarkets, implying a loss of nearly … Read more

Categories Business News Tags Elon Musk, Richard Windsor, tesla, Twitter
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