Tag: finance

Court Rejects Elon Musk’s Effort to Avoid Liability in Twitter Acquisition Case

A federal judge dismissed Elon Musk’s request to overturn a ruling holding him liable for manipulations during Twitter’s 2022 acquisition.

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SpaceX Shares Officially Join Nasdaq 100, Analysts Nearly Unanimous on Buy Recommendations

SpaceX stock has been added to the Nasdaq 100 index, prompting strong buy endorsements from top market analysts.

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Samsung’s 19-Fold Operating Profit Surge Fails to Boost Stock Prices

Despite reporting a 19-fold increase in operating profit, Samsung’s shares fell 6.8% as investors seemed unimpressed by the surge.

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SK hynix Launches Secondary Stock Offering in US to Raise $28 Billion

SK hynix initiates a major secondary stock offering on a US exchange aiming to raise $28 billion according to recent regulatory filings.

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Apple Shares Rise Amid Global Decline in Tech Stocks

Tech sector stocks declined worldwide last Friday, but Apple shares gained 3%, defying the broader market trend.

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GameStop Continues Pursuit of eBay Acquisition Despite Initial Rebuff

GameStop remains committed to acquiring eBay, pushing forward after an initial rejection from the online auction platform.

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SpaceX Shares to Join Nasdaq 100 Index Ahead of Schedule, Boosting Investor Access

SpaceX shares will be added to the Nasdaq 100 index on July 7, accelerating inclusion and expanding investment opportunities.

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Global Tech Stocks Decline Amid Investor Concerns Over Rising AI Infrastructure Costs

Technology shares worldwide are falling as investors worry about escalating expenditures linked to AI infrastructure development.

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Alphabet to Join Dow Jones Index, Replacing Verizon

Alphabet will replace Verizon in the Dow Jones Industrial Average, marking a notable index update in 2026.

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SpaceX Plans $20 Billion Bond Offering Amid $400 Billion Market Value Decline

SpaceX is preparing to raise $20 billion through bonds as its market valuation drops by $400 billion amid rising U.S. interest rates.

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Meta Reports Strong Financial Results Amid Employee Morale Challenges

Meta achieves record financial performance, yet internal sources reveal significant decline in employee morale, affecting even top executives.

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Massive Bonuses at SK Hynix and Samsung Raise Inflation Concerns in South Korea

Large employee bonuses at SK Hynix and Samsung may drive wage inflation, posing economic challenges in South Korea, warns the Bank of Korea.

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