Trading Ideas
Tesla’s Elon Musk just invited a big lawsuit
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 […]
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Trading Ideas
Office Depot’s expanded services, new items drive 2Q results
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 […]
Business News
Amazon and Alphabet push S&P 500 closer to record high
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.
Business News
Elon Musk considers taking Tesla private in tweet, shares jump
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.
Business News
Tesla options bulls reap windfall on Musk’s going private tweet
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.
Business News
Tesla shares halted after Musk tweet about going private
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.
Trading Ideas
Musk tweets he may take Tesla private and shares roar
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 […]
Business News
U.S. think tank’s tiny lab helps Facebook battle fake social media
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.
Trading Ideas
Tesla shares halted after Musk tweets about taking the company private
Yahoo Finance’s Seana Smith and Jared Blikre on the biggest headlines moving the markets in midday trading. …read more […]
Business News
U.S. safety regulator probes fires in some Ford pickup trucks
U.S. traffic safety regulator is investigating complaints of fire during crashes in some Ford Motor Co F-150 Supercrew pickup trucks linked to a seat belt component.
Business News
Elon Musk considers taking Tesla private in tweet, shares rise
Chief Executive Elon Musk said on Twitter he is considering taking Tesla Inc private at $420 per share as the electric car maker faces the challenges of fast growth and financial constraints, sending its shares up more than 6 percent.
Business News
Fox posts offer document for Sky deal
Twenty-First Century Fox Inc on Tuesday posted an offer document and form of acceptance for its 14 pounds a share offer to buy UK’s Sky on Tuesday.
Business News
Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source
Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said on Tuesday.
Business News
S&P nears record as bank, tech stocks climb
The S&P 500 index hovered near record levels on Tuesday, lifted by gains in bank and technology shares, with a strong second-quarter earnings season fueling optimism about the strength in the U.S. economy.
Trading Ideas
San Francisco is so expensive, tech workers can't affording housing – survey
A survey by Blind, an app that lets workers talk about the workplace, found that nearly 60% of tech workers say they can’t afford housing in the Bay Area. Yahoo Finance’s Seana Smith, Rick Newman, Dion Rabouin and Dan Roberts discuss. …read more […]