My fun account consists of TQQQ, UPRO, URTY, and SOXL (in that order of allocation). I will buy more if we hit new lows.
People are just realizing this? It was never a real bid. Musk was high and thought it would be funny to bid 54.20Twitter slips on report that Musk deal is in jeopardy
The deal was already in uncertain territory since Musk had demanded more information on the percentage of spam accounts on the platform.www.cnbc.com
Best for Elon just to focus on TSLA and Space-X.Twitter slips on report that Musk deal is in jeopardy
The deal was already in uncertain territory since Musk had demanded more information on the percentage of spam accounts on the platform.
I read he can't just pay the fee and move on...there has to be some material change. He's gonna need to justify grounds for not "I was high" lol.
No one can force anyone to do anything. They’ll settle for a number. I’ll bet it’s less than a billion.I read he can't just pay the fee and move on...there has to be some material change. He's gonna need to justify grounds for not "I was high" lol.
He'll likely have to pay the fee or more, sounds like the bigger question is if Twitter will force him to do the deal.
Elon Musk can't just walk away from his Twitter deal by paying a $1 billion breakup fee
Musk can't just walk away from buying Twitter, despite a $1 billion reverse break fee attached to the deal.
I agree I don't think they could force him but I think they'll hold his feet to the fire and I think it will be more than the 1B breakup fee but we'll see.
Material = they lied to me about the # of spam accountsI read he can't just pay the fee and move on...there has to be some material change. He's gonna need to justify grounds for not "I was high" lol.
He'll likely have to pay the fee or more, sounds like the bigger question is if Twitter will force him to do the deal.
Elon Musk can't just walk away from his Twitter deal by paying a $1 billion breakup fee
Musk can't just walk away from buying Twitter, despite a $1 billion reverse break fee attached to the deal.
Well we’ll find out now. No shock lol. Frankly smells of more stock manipulation just like the crypto.
Good, time for Elon to move on and focus on his companies.Well we’ll find out now. No shock lol. Frankly smells of more stock manipulation just like the crypto.
Elon Musk notifies Twitter he is terminating deal
"Twitter has not complied with its contractual obligations," an attorney for Musk wrote.
Guess the high is finally wearing off. Tesla fan club will always give him a pass but most of the investment community will view him as a BSer.Well we’ll find out now. No shock lol. Frankly smells of more stock manipulation just like the crypto.
Elon Musk notifies Twitter he is terminating deal
"Twitter has not complied with its contractual obligations," an attorney for Musk wrote.
Meh. Just a sideshow. Can't force EM to buy it, so what's the point? I guess they want a bigger walk-away fee.Elon Musk faces a long legal war with Twitter, which has the upper hand
If Twitter files a lawsuit against Elon Musk in response to his move to break up the deal, the parties are likely to face a long legal battle ahead.
Bret Taylor, Twitter’s chairman, said he intends to see the deal through and said the company plans to take legal action against Musk.
If Twitter files a lawsuit against Musk, the parties are likely to face a long legal battle ahead.
I worked for NVS until going to a gene therapy company last year (which is ironically full of ex-NVS people). NVS is going through a serious evolution right now. They are combining their 2 largest BUs into the new "innovative medicines" BU and is likely to spin off their 3rd BU (Sandoz - generics & biosims, which are low margins). I believe they are cutting about 8,000 jobs WW as well.
3 drivers of the ‘critical lifeguard shortage in America’
Three reasons why there's a critical lifeguard shortage affecting Americans' ability to take a cool dip in the pool.www.yahoo.com
The causes of the lifeguard shortage
During the pandemic, lifeguard certification programs were canceled across the country. That resulted in no new guards coming on board while thousands of certificates expired.
The second blow came in June 2020 during the coronavirus pandemic when then-President Trump banned foreign work visas due to public health concerns. Prior to the ban, many lifeguard positions were filled using the J-1 work visa, which brought in students from overseas.
I dunno. CPI report this week will likely breach 9%. Fed QE going to kick in and negatively impact equities. And we're facing back-to-back 75 bps rate increases.
CPI will be bad on Wed, but that data lags the real world by almost a month. Many leading indicators show prices and inflation falling off a cliff. PPI on Thursday will be a better read on where inflation is going. The 0.75% is baked in and expected by practically everyone:
Thursday we'll see earnings reports starting. JPM is hinting at a 20% decrease. Other banks hinting similar. Overall slide expected. And then there's the resurgence of COVID in China. Shutdowns and more supply chain woes? Nothing is "baked in," methinks. Other than instability.CPI will be bad on Wed, but that data lags the real world by almost a month. Many leading indicators show prices and inflation falling off a cliff. PPI on Thursday will be a better read on where inflation is going. The 0.75% is baked in and expected by practically everyone:
Fed Rate Monitor Tool - Investing.com
Our fed watch tool displays a forecast estimation for fed hikes or cut by the next upcoming FOMC meeting.www.investing.com
Sounds like Xi is officially done with any broad lockdowns. His support and power took a hit on the last one.
thehill.com
markets.businessinsider.com
I’m waiting for Zuck to announce a ‘Meta-Facetweet’ app any week now…People are making a killing riding this up and down, I just don't see it getting to a closed deal with all of the drama surrounding it. Still fun to follow.
Digital World Acquisition soars 15% after Elon Musk walks away from $44 billion deal to buy Twitter
Shares of DWAC are still down 77% from a high of $175 last year and down 52% since the start of 2022.
Have owned it in the past but don't currently. I'd say it looks range bound. High 70s low 80s on the bottom and mid 90s on the high end.
Looking for biotech and pharma to be big winners with the upcoming rebound. Not sold on financials or energy.
It means Vanguard is the largest single investor in both Ford and GM…
