Tesla stock hits 2-year low after Elon Musk sells $4B shares
Tesla shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk disclosed he sold another $3.95 billion worth of shares in the electric-vehicle…
Elon Musk completes $44B Twitter takeover, begins firing execs
Elon Musk finally completed his $44 billion Twitter takeover deal, firing the company’s CEO and financial chief and ending a lengthy tug-of-war with its board of directors just before a…
Dow rallies on hopes of smaller Fed rate hikes
Stocks surged to close out the trading week on Friday after a report said the Federal Reserve will likely debate on a smaller interest rate hike in December, raising hopes…
Chip stocks slide as Samsung, AMD expect big drop in demand
Dire forecasts from Samsung Electronics and Advanced Micro Devices sent chip-related shares lower on Friday, sparking fears that a slump in demand for semiconductors could be much worse than expected.…
Peloton scrambles to soothe analysts after report on layoffs: sources
Peloton executives made a frantic round of phone calls to stock analysts early Thursday, scrambling to soothe concerns after the Wall Street Journal reported that the company has “six months…
Still no ban on Congress’ stox trades, Xi a threat like Putin and other commentary
Liberal: Still No Ban on Congress’ Stox Trades With Congress in recess ’til Nov. 10, “no unfulfilled priority is more baffling — both for its common sense and its broad…
Three charged in $100M New Jersey deli fraud scheme
Three men linked to a company that mysteriously drew a $100 million valuation despite only operating a single New Jersey deli were charged for their roles in a securities fraud…
FedEx CEO’s warning of ‘worldwide recession’ tanks shares, hammers market
FedEx CEO Raj Subramaniam’s ominous warning of a worldwide recession drove the shipping company’s shares to their worst day in decades Friday and sent Wall Street’s main indexes to near…
FedEx shares slump over 20% as global recession fears mount
FedEx’s shares tracked their worst day on Friday after the delivery heavyweight pulled its forecast, feeding into fears of a global demand slowdown while piling more pressure on its new…
MSNBC’s Stephanie Ruhle slams Pelosi over stalled Congress stock trading ban
MSNBC anchor Stephanie Ruhle ripped House Speaker Nancy Pelosi on Monday night for slow-walking proposed legislation that would bar members of Congress from trading stocks while in office. Ruhle criticized…