Category Archives: Stock Market

Elon Musk’s $56 billion payday struck down again by this Delaware judge

Chancellor McCormick also rejected a massive fee request by plaintiff attorneys. BY Associated Press A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring … Continue reading Elon Musk’s $56 billion payday struck down again by this Delaware judge

Zeta to address financial accusations after stock price drops 34%

Short-seller’s report charges AI marketing cloud provider with questionable accounting practices and running consent farms to collect data. Constantine von Hoffman on November 18, 2024   Zeta Global announced it will hold a video call on Wednesday to address accusations that caused its stock price to drop 34% in the last week.  A report last … Continue reading Zeta to address financial accusations after stock price drops 34%

RKLB stock soars by 50% as Rocket Lab looks to give SpaceX a run for its money

November 13, 2024 RKLB stock soars by 50% as Rocket Lab looks to give SpaceX a run for its money The aerospace manufacturer is the new hottest rocket maker after it reported stellar third-quarter earnings. BY Jennifer Mattson Shares of Rocket Lab USA (NASDAQ: RKLB), an aerospace manufacturer and launch-service provider, were up 50% in midday … Continue reading RKLB stock soars by 50% as Rocket Lab looks to give SpaceX a run for its money

Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win

November 07, 2024 Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win The parent company of Truth Social continues to see volatile trading even with Trump returning to the White House. Some investors may want to cash out while they can. BY Michael Grothaus One of … Continue reading Why is DJT stock down? 2 possible reasons why Trump Media shares are sinking after Donald Trump’s election win

DJT stock goes on a wild roller coaster ride as investors await election results

November 05, 2024 DJT stock goes on a wild roller coaster ride as investors await election results Shares in Trump Media’s DJT stock fluctuated wildly as investors placed bets on whether Donald Trump would win the 2024 presidential election. BY Chris Morris Results of the 2024 election will begin coming in this evening, though it’s unlikely … Continue reading DJT stock goes on a wild roller coaster ride as investors await election results

DJT stock price: Donald Trump’s stock has jumped 84% in the past two weeks. What’s driving it?

October 14, 2024 DJT stock price: Donald Trump’s stock has jumped 84% in the past two weeks. What’s driving it? Trump Media’s DJT stock has been on a tear in October after hitting a 52-week low in September. Here’s what’s driving the recent stock rally. BY Chris Morris Fears that shares of Trump Media (Nasdaq: DJT) … Continue reading DJT stock price: Donald Trump’s stock has jumped 84% in the past two weeks. What’s driving it?

This is what was likely behind the most recent stock market blowup

August 08, 2024 This is what was likely behind the most recent stock market blowup “Carry trades” are thought to have been the root cause of recent Wall Street mayhem. BY Reuters One of the ironies of the burst of volatility that just blindsided financial markets is its inevitability. Trades that are only feasible — and … Continue reading This is what was likely behind the most recent stock market blowup