Elon Musk’s surprising decision to revive his offer for Twitter Inc. this week sparked a rally in the social-media company’s shares. For Tesla Inc.’s stock, however, it is an ominous sign.
The electric-vehicle maker’s shares have struggled through the billionaire’s highly public pursuit of Twitter… Read Full Article
The Apple iPhone 14 and Apple 14 Plus come with an emergency SOS via satellite feature. They will have an upgraded camera, improved 5G connectivity and ESIM with no sim tray for U.S. models. "Recessionary forces create significant headwinds for the Apple (AAPL) stock, especially in Europe and China. New products like the Apple Watch could move the needle on new users. I expect the iPhone upgrade cycle to widen, which could hit iPhone revenues by 20%. Don't bet against Apple (AAPL) because of its diversified business lines, strong cash flow, and massive balance sheet. If the AAPL stock gets pressure, they will buy back shares," says Greg Martin.
Several months after just about every venture firm told their portfolio companies to prepare for a funding drought, some investors are saying the health of the startup ecosystem may not be as dire as it once seemed... Read Full Article
After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains. It may not pan out like that.
The electric vehicle maker’s second stock split in as many years took effect when US markets opened on Thursday… Read Full Article
Elon Musk may feel impervious to public scrutiny, regulation, and litigation, but the biggest threat to his wealth is a deal he signed in April to purchase Twitter for $44 billion… Read Full Article
Alphabet missed expectations on earnings and revenue for the second quarter, while Microsoft posted its slowest earnings growth in two years. Investors had been prepared for the worst after earnings reports from Snapchat and Twitter showed a slowdown in advertising spending across the tech industry. Greg Martin, Co-Founder of Rainmaker Securities, breaks down earnings reports from the biggest tech companies.
Declining valuations across the fintech segment are spurring interest from potential buyers.
The pace of M&A slowed in the first half of 2022 in the U.S. fintech and payment sector, with 221 total deals compared to 258 in the first half of 2021, according to data compiled by S&P Global Market Intelligence….Read Full Article
