Best Stocks
Melvin Capital to Limit Fund to $5B, Will Continue Short Selling
Melvin Capital plans to make a seamless recovery with a smaller capital at disposal for future short-selling.
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Jack Dorsey’s New Title Inspired by Musk as Twitter Close to Accepting Bid
Elon Musk and Twitter's board have reportedly agreed on some details of any potential deal, including timeline and fees.
Best Stocks
Gov. DeSantis Supports Musk’s Twitter Bid, State Pension Fund Owns 946,960 Shares
The State of Florida, which invested in Twitter through its state pension fund, may side with Elon Musk and his attempt to take ownership of Twitter.
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Netflix Lost 200k Users Last Quarter, Stock Down 28% Pre-Market
Analysts expected Netflix's net subscribers to rise by more than 2.5 million during the first quarter of the year.
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Meta’s Horizon Worlds Will Cost Creators 19x More than OpenSea, LooksRare
Meta's Horizon Worlds fee significantly higher than NFT platforms like OpenSea but comparable to Roblox.
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2-Year High for the Dollar While Crypto and Tech Stocks Decline After Fed’s Hawkish Comments
The dollar index rises while risk-on assets lose ground, with the US Federal Reserve expected to continue its aggressive interest rate hike over the coming months.
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After Making $156M with Delayed SEC Filing, Elon Musk Wants Twitter’s HQ to be a Homeless Shelter
Elon Musk delayed disclosing his stake in Twitter by 11 days, potentially buying the shares at an artificially low price.
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Elon Musk is Now a Twitter Board Member with 9.2% Stake: SEC Showdown?
The world's richest man finally walks the talk with largest single Twitter stake.
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Robinhood Extends Trading by 4 Hrs After Revenue Slump, Plans for 24/7 Service like Crypto
Robinhood extended its trading hours recently by 4 hours and plans to offer 24/7 trading for retail in the near future, as platform's monthly active users…
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Moscow Stock Exchange Reopens but Only for Russians, MOEX Gains 5%
Russia's stock market registered impressive gains after reopening under restrictions, but analysts believe this would be short-lived.
Market Analysis
Alibaba Surges 19% as Beijing Commits to Keeping Markets Stable
Beijing pledges to normalize regulation of Chinese Tech stock while handling some risk for property developers, in a bid to prop up China's economy.
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Bed, Bath and Beyond (BBBY) Up 27% after Ryan Cohen’s Stake Revealed
GameStop chairman Ryan Cohen taps into a minor meme stock, with the expected result.
Market Analysis
AMC Dips 4% Despite Strongest Earnings in 2 Years
Despite posting strong results with a decent outlook, AMC fails to impress the market with its earnings report.