Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stock futures are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testing in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its … Read more

‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had asked him to watch it for her because she was in China, where the film has not been released, and couldn’t … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake on Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission … Read more

Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes

WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake on Twitter Inc., TWTR -2.48% according to people familiar with the matter, a lag that allowed him to buy more stock without alerting other shareholders to his ownership. The Securities and Exchange Commission is probing Mr. Musk’s tardy submission … Read more

Dow, S&P 500 Slide More Than 3% as Investors Reassess Fed Comments

The stock market took its biggest U-turn since the early days of the pandemic Thursday, with the Dow Jones Industrial Average posting its largest decline this year just 24 hours after its largest gain since 2020. The reversal wiped out the euphoria that reigned on Wall Street Wednesday in the wake of Federal Reserve Chairman … Read more

#RIPTwitter? These numbers show the company has plenty of life

Sometimes you need to separate your personal feelings from your thoughts about companies and their stocks. People who loath Tesla Inc. TSLA CEO Elon Musk – who famously made a bid on April 13 to buy Twitter Inc. TWTR for $ 54.20 a share – have been having a ball posting nasty messages under #RIPTwitter. … Read more

Twitter Re-Examines Elon Musk’s Bid, May Be More Receptive to a Deal

Twitter Inc. TWTR 3.93% is re-examining Elon Musk’s $ 43 billion takeover offer after the billionaire lined up financing for the bid, in a sign the social-media company could be more receptive to a deal. Twitter had been expected to rebuff the offer, which Mr. Musk made earlier this month without saying how he would … Read more

Musk says the Twitter board has almost no role. Here’s how it compares to Tesla.

Twitter’s directors are paid $ 225,000 a year in restricted stock units and a minimum of $ 50,000 in cash. David Paul Morris / Bloomberg Text size Elon Musk questioned Twitter Reconciliation of directors with shareholders over the weekend, citing the board’s small personal stake in the social media organization. The businessman and the world’s … Read more

Fear of recession and stock market — Is it too late to play defensive?

Fears of a recession are mounting as the Federal Reserve prepares to fight inflation. Many stock market investors are already playing defensive, and may be wondering if there is more room for those strategies to work. But first, how big a concern is the recession? Google searches for this word are constantly increasing, according to … Read more

Fear of recession and stock market — Is it too late to play defensive?

Fears of a recession are mounting as the Federal Reserve prepares to fight inflation. Many stock market investors are already playing defensive, and may be wondering if there is more room for those strategies to work. But first, how big a concern is the recession? Google searches for this word are constantly increasing, according to … Read more