Elon Musk is in hot waters as he faces a class-action lawsuit and an SEC investigation. The billionaire has been accused by Twitter shareholders of violating California corporate laws on several fronts, and in doing so engaged in market manipulation. Since Musk’s acquisition bid, Twitter’s share price has dropped more than 12%, and Tesla’s is … Continue reading “SEC Investigates Elon Musk as Twitter Shareholders Start Class Action Lawsuit”
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Salesforce Shares Rise as Company Raises Profit Forecast and Beats on Top and Bottom Lines in Q1
Shares of Salesforce were moving higher on Tuesday after the company raised its profit forecast…
Chase Credit Card Holders Could Earn Big Points at Starbucks Soon
This summer, Chase credit cardholders could earn up to 10x the points if they use…
Apple Union Withdraws its Request for an Election
In a shocking move for Apple's employees unionizing efforts, a company union has withdrawn its…
Tesla is Opening a Restaurant and Charging Station in Los Angeles
Many years ago, Tesla's CEO Elon Musk had teased the idea of a Tesla restaurant.…
SpaceX’s Starlink Satellite Internet Just Surpassed This Many Subscribers
SpaceX, spearheaded by CEO Elon Musk, has just had its Starlink satellite internet surpass 400,000…
Dick’s Sporting Goods Pops Despite Lower Forecast
Shares of Dick's Sporting Goods were moving higher on Wednesday despite the company issuing a…
Snap Has a Chilling Message that Sent Shock Waves Through the Digital Advertising Industry
Snap CEO Evan Spiegel had an unfortunate warning this week that led to more fleeing…
JPMorgan Shares Soar After Company Announces Big News
Shares of JPMorgan Chase were popping on Monday after the bank revealed that it would…
Palo Alto Networks Shares Soar as Company Lifts Full-Year Forecast
Traders were celebrating news from Palo Alto Networks about lifting its full-year forecast. The company's…
Shares of Target Plummet as Company Announces High Costs and Inventory Problems Hitting Profits
Big box retailer Target, much like Walmart, is suffering big blows from high costs and…
Microsoft’s CEO Says Pay Increases Are on the Way for Employees
Microsoft CEO Satya Nadella has told employees in a memo this week that pay increases…
Walmart Shares Fall as Company Misses on Earnings Expectations in Q1
Retail giant Walmart saw its shares head lower on Tuesday as the company faces higher…
JetBlue Has Launched a Hostile Takeover of Spirit Airlines
JetBlue Airways has launched a hostile takeover bid of Spirit Airlines. The former airline originally…