Best Stocks
Snap’s Stock Tumbles to a 2-Year Low on Disappointing Sales
Shares of Snap are down at a 2-year low after the social media company reported disappointing sales amid an advertising slump.
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Tesla Subpoenaed by SEC Over Musk’s Tweets During Twitter Deal
Telsa received a second subpoena by the SEC in June over Elon Musk's tweets.
Best Stocks
Twitter Skips Shareholder Meeting, Reports Loss in Q2 2022
Twitter reported Q2 2022 financial results Friday, missing analysts' estimates for revenue and EPS.
Best Stocks
Why Netflix is Up ~6% Despite Losing a Million Subscribers in Q2 2022
Investors are likely pricing in Netflix's loss of subscribers based on strong fundamentals.
Best Stocks
Judge Sets 5-Day Trial in October for Elon Musk-Twitter Case
Judge McCormick ruled in favor of Twitter agreeing that a long-standing legal dispute can create irreparable harm to the company.
Best Stocks
SEC Chair Gary Gensler Warns About New “Inverse Tesla” ETF
AXS Investments launched the first leveraged single-stock ETFs Thursday, but the products attracted criticism from the SEC, citing "particular" risks.
Best Stocks
Twitter Lawsuit States Company “Bent Over Backwards” to Complete Musk Deal
Twitter sued Elon Musk for his attempt to halt the alleged $44B buyout of the company.
Crypto
Goldman Sachs Downgrades COIN, as Stock Slides -79% YTD
As the market capitulation intensifies, Coinbase stock suffers blows caused by its dwindling revenue.
Best Stocks
US Congressional Report on Meme Stocks Reveals Robinhood’s Culture of Growth Over Stability
Robinhood's unique business model strained the market's capacity to accommodate retail orders, as per US House Committee report.
Crypto
Bitfarms Shares Up 4.51% After 3,000 BTC Sold to Fund Operations and Growth
Despite the gloomy market conditions for miners, Bitfarms shares managed to post gains on the Nasdaq.
Best Stocks
More than 50% of Stocks Bought During the Meme Stock Frenzy Have Been Sold
Retail trading frenzy comes to an end as necessities take priorities.
Best Stocks
Musk Attends All-Hands Twitter Meeting as Stock Down 42% from His Bid
Elon Musk's all-hands meeting with Twitter show intentions to buy despite Twitter's stock falling far below the deal price.
Crypto
MicroStrategy (MSTR) Down 24% as Bitcoin Dips Below $23,000
MicroStrategy's Bitcoin strategy was hailed as bold, but the company comes under fire as all markets come crashing down.