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A new wave of $Twitter (Delisted) (TWTR.US)$ employees resigned on Thursday after $Tesla (TSLA.US)$ Elon Musk issued an ultimatum telling them they would need to be willing to commit to a "hardcore" work environment.
Internal Slack messages shared with CNBC showed engineers and other employees posting goodbye messages to a "watercooler" chat group in the run up to 5 p.m. ET Thursday deadline that Musk set just a day earlier.
Hundreds of salute em...
Internal Slack messages shared with CNBC showed engineers and other employees posting goodbye messages to a "watercooler" chat group in the run up to 5 p.m. ET Thursday deadline that Musk set just a day earlier.
Hundreds of salute em...
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Hi, mooers. Welcome back to "Mooers' Stories", where we present mooers' insights and experiences. Have you ever tried to take courses in moomoo Learn and sharpen your investing skills in Papertrade? This time, we invite @Jamesim, the growing star of 2021, to share his investing journey in our community.![]()
Notes: All the information comes from the interviewee and is published under the interviewee's consent. The testimonial provided herein may not represent other cus...
Notes: All the information comes from the interviewee and is published under the interviewee's consent. The testimonial provided herein may not represent other cus...
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Tesla investors are definitely pissed at this deal.
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
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$Digital World Acquisition Corp (DWAC.US)$ stock price tanked on Wednesday by 19%, after the special purpose acquisition company ( $SPACs (LIST2541.US)$ ) merging with Trump Media & Technology Group $Trump-Related Stocks(N/A) (LIST2592.US)$ , in a mission to take Trump’s social media site, Truth Social public, suffered after the midterm election results fell short of Republican expectations.
DWAC stock has been going through a lot o...
DWAC stock has been going through a lot o...
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From ARK Invest's latest newsletter:
During our brainstorm on Friday, ARK discussed the possibility that our already high-end EV forecast could be too low. As prices drop, auto manufacturers can target a larger share of the market. As the average price has declined during the last 10 years, EVs have increased their share of the global auto market.
According ...
During our brainstorm on Friday, ARK discussed the possibility that our already high-end EV forecast could be too low. As prices drop, auto manufacturers can target a larger share of the market. As the average price has declined during the last 10 years, EVs have increased their share of the global auto market.
According ...
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Lyft reported disappointing third-quarter earnings results on Monday after the closing bell, with both earnings and revenue missing analyst estimates.
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Here's what Lyft reported, as compared to analysts' estimates compiled by Bloomberg:
Last week, the company announced it was laying off 13% of its staff, joining the wave of tech companies that are laying off employees in droves.
Lyft was also coming into Monday pressured by Uber's earnings win last ...
Last week, the company announced it was laying off 13% of its staff, joining the wave of tech companies that are laying off employees in droves.
Lyft was also coming into Monday pressured by Uber's earnings win last ...
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Following $Tesla (TSLA.US)$ Elon Musk’s acquisition, $Twitter (Delisted) (TWTR.US)$ fired nearly half of its workforce as part of cost-cutting measures. Interestingly, the company later had to ask some of the fired employees to return after it realised that they were either fired in error or were too essential to certain operations.
But the Twitter layoffs are part of a larger trend in the technology industry. The Wall Str...
But the Twitter layoffs are part of a larger trend in the technology industry. The Wall Str...
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$Tesla (TSLA.US)$ founder and chief executive Elon Musk has been very busy ever since his $44bn $Twitter (Delisted) (TWTR.US)$ takeover deal closed on 27 October 2022.
In the few days since, Musk has already tweeted about cost cutting plans, a subscription model for existing users of Twitter, and potentially turning Twitter into an online “town house” via an app known simply as X.
However, tweeting on these topics is...
In the few days since, Musk has already tweeted about cost cutting plans, a subscription model for existing users of Twitter, and potentially turning Twitter into an online “town house” via an app known simply as X.
However, tweeting on these topics is...
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