Professional Investors Set to Make Millions in Profit on Twitter Holdings After Musk Deal
Investment firms and pension funds that bet on the Twitter deal are set to receive substantial returns following the $44 billion takeover.
BTC$63,742.00-0.63%
ETH$1,662.41-0.87%
USDT$0.9994-0.01%
USDC$0.9998+0.00%
XRP$1.13-1.13%
SOL$67.43-0.95%
TRX$0.3188+0.47%
FIGR_HELOC$1.02-1.41%
HYPE$60.33+0.91%
DOGE$0.0863-1.49%
USDS$0.9997-0.01%
LEO$9.72+0.83%
RAIN$0.013+0.39%
ZEC$424.29+2.30%
XMR$341.04-1.04%
BTC$63,742.00-0.63%
ETH$1,662.41-0.87%
USDT$0.9994-0.01%
USDC$0.9998+0.00%
XRP$1.13-1.13%
SOL$67.43-0.95%
TRX$0.3188+0.47%
FIGR_HELOC$1.02-1.41%
HYPE$60.33+0.91%
DOGE$0.0863-1.49%
USDS$0.9997-0.01%
LEO$9.72+0.83%
RAIN$0.013+0.39%
ZEC$424.29+2.30%
XMR$341.04-1.04%
Meta's layoffs could be among the largest rounds in the recent tech job cuts and might affect thousands of employees.
Investment firms and pension funds that bet on the Twitter deal are set to receive substantial returns following the $44 billion takeover.
Melanion Capital's crypto ETF is the worst-performing fund among those that debuted in 2021, losing over 76% since its launch.
Elon Musk wrote an open letter to Twitter advertisers just a day ahead of the Oct. 28 deadline to complete the $44 billion deal.
Twitter's shares are set to be suspended from NYSE on Friday as Musk faces a Friday deadline to complete the $44 billion deal.
Tesla reported an impairment loss of $170M on its BTC holdings.
Even before the ad-supported subscription rollout, Netflix stopped the subscriber bleed.
Meta is expected to unveil its latest VR headset and other new metaverse features at the Meta Connect 2022 conference.
Stocks in China and Asia are down today after the U.S. introduced new export rules aimed ad slowing down Beijing's military and technological advances.
SoftBank is planning to cut 30% of its global workforce after the conglomerate sustained a record loss in the previous quarter, according to Bloomberg.
Just as the SPAC King set the SPAC trend, two major exits show its likely end.
Cathie Wood’s ARK has added $40 million worth of Nvidia shares in three of the company’s funds.
There is a 50% chance of Chinese stocks getting de-listed from US markets, according to Goldman Sachs.