Snap Inc’s Snapchat app unexpectedly lost users in the second quarter, the company said on Tuesday, likely adding fuel to investor fears about slowing growth in the social media sector.
The S&P 500 inched nearer to a record high on Tuesday, lifted by Amazon, Alphabet and Microsoft, and by a strong second-quarter earnings season that fueled optimism about the strength in the U.S. economy.
Federal prosecutors drafted a criminal complaint against a former Goldman Sachs banker early this year for his alleged role in a Malaysian fraud, but the charges were never filed because of a Justice Department turf battle, the New York Times reported on Tuesday.
The following blog post was published on Tuesday by Tesla Inc Chief Executive Elon Musk following his earlier comments on Twitter about taking the company private. The link to the full blog is: https://www.tesla.com/blog/taking-tesla-private?redirect=no
Some nimble traders in Tesla Inc’s options made massive paper profits on Tuesday, while short-sellers were hit with nearly $1 billion in paper losses after Tesla chief Elon Musk tweeted he was considering taking the company private.
Tesla Inc Chief Executive Officer Elon Musk said on Tuesday in a letter to employees that he is considering taking the electric car maker private at a price of $420 per share.
Elon Musk said he’s considering taking Tesla private. If there’s no truth to his announcement, he could face an investor lawsuit. …read more […]
Office Depot’s emphasis on product innovation and expanded services helped push its second-quarter revenue and profits beyond Wall Street expectations. Under CEO Gerry Smith, who took over the company late last year, the Boca Raton, Florida, chain is attempting to expand beyond selling office supplies to become a one-stop shop for businesses. Office Depot is maneuvering itself to provide services ranging from technology consulting and installation, to logo design. …read more […]
The S&P 500 inched toward a record high on Tuesday, lifted by Amazon, Alphabet and Microsoft, and by a strong second-quarter earnings season that fueled optimism about the strength in the U.S. economy.
Chief Executive Elon Musk said on Twitter he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.
Tesla Inc’s options activity surged on Tuesday after Chief Executive Elon Musk tweeted he was considering taking the company private and some quickly executed trades netted massive paper profits as shares in the electric car maker rallied as much as 9 percent.
Shares of Tesla Inc were halted for news pending on Tuesday after Chief Executive Elon Musk earlier tweeted he was considering taking the company private at $420 a share.
Tesla CEO Elon Musk announced Tuesday that he is considering taking the electric car maker private, causing the company’s stock to spike. In keeping with his unorthodox style, Musk made the out-of-the blue announcement in a terse tweet. …read more […]
A day before Facebook announced that it had discovered and disabled a propaganda campaign designed to sow dissension among U.S. voters, it exclusively shared some of the suspicious pages with an online forensics team so busy it hasn’t put a nameplate on the door.
Yahoo Finance’s Seana Smith and Jared Blikre on the biggest headlines moving the markets in midday trading. …read more […]
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