Elon Musk's Fight With Apple Gets Tricky As Twitter Said To Be Rolling Out Blue Verified Only On iOS For Now

Tesla CEO Elon Musk opted to finance his Twitter buy with a combination of equity and debt financing, with $13 billion of the $44 billion coming in the form of debt. What Happened: As Twitter struggles to turn things around and generate cash flow amid a tough macroeconomic condition, servicing of the debt could be a tall order for the Musk-led social media platform.

Elon Musk has confirmed that if McDonald's Corp MCD accepts Dogecoin DOGE/USD as a payment option, he is still open to the offer of eating a Happy Meal live on TV. What Happened: When McDonald's asked "what did I miss?" The Tesla CEO immediately jumped into the conversation with a cheeky reply and said, “oh, hi lol.”

Edward Snowden said Thursday that there are “solutions to the censorship problem” which will keep Twitter out of bankruptcy. What Happened: The former U.S. intelligence contractor said that Twitter and Tesla CEO Elon Musk could “could change the world within twelve months.”. Snowden urged Musk to “take...

Apple Inc AAPL became the leading smartphone seller in China in Q4, despite Covid disruptions and economic slowdown. Apple accounted for nearly 24% of China's smartphone sales in the last three months of 2022, according to Counterpoint Research. In 2022, vivo retained the first spot with a 19.2% market share,...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2010, Apple, Inc. AAPL CEO Steve Jobs unveiled the first iPad. Where Was The Market? The S&P 500 traded at 1,097.50 and the Dow Jones Industrial Average traded at...

Cathie Wood, the founder of ARK Investment Management, expressed skepticism about the auto debt market, explaining how a fall in the residual value of gas-powered autos could lead to serious losses. What Happened: Wood tweeted in October, “Given the accelerated consumer preference shift toward electric vehicles, used car prices and...

A controversial tweet by Tesla Inc TSLA CEO Elon Musk is now the subject of a lawsuit. The tweet could have also been a starting point for investors with the potential take-private transaction or the belief that shares were undervalued at the current level at the time. What Happened: In...

Tesla Inc. TSLA is the frontrunner in the electric vehicle race, although its global market share has eroded amid competition from upstarts and legacy automakers transitioning to EVs. What Happened: Tesla CEO Elon Musk Musk said he wasn't really able to look into the future and predict right now which...

Apple Inc AAPL was the last to feel the effects of the tech wreck. The stock fell out of the $2 trillion club to start the year, but one analyst saw a resurgence on the horizon. "This should be a $250 stock," Loup Funds' Gene Munster said Wednesday (Jan. 4)...

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Alibaba Group Holding Limited BABA is the only China stock he would buy. "I think the stock is breaking out here, " Cramer said when asked about Barrick Gold Corporation GOLD. "What the heck is that stock still doing under $20? I can’t make heads or tails of it."

Independently-run global asset manager Baillie Gifford trimmed its Tesla Inc. TSLA stake in the fourth quarter amid the pullback in the stock, according to a recent 13-F filing by the company. What Happened: U.K.-headquartered Baillie Gifford held 26.81 million shares of Tesla at the end of the fourth quarter, down...

After ripping higher by more than 150% on Thursday, the Buzzfeed Inc BZFD rally continued on Friday with the stock up another 85% in afternoon trading. One Wall Street analyst said BuzzFeed's new deal with OpenAI may not be as lucrative as the market seems to believe — and investors should consider cashing out on the stock's big gains.

Tesla, Inc. TSLA led a rally in electric vehicle stocks in the week ended Jan. 27 as its earnings beat and better-than-feared forward commentary encouraged traders to revisit beaten-down stocks belonging to the industry. Here are the key events that happened in the EV space during the week:. Tesla’s Q4,...

Amazon broke up from a bull flag pattern on Thursday and was moving higher on Friday with momentum. The measured move of the bull flag pattern is about 20%. Amazon.com, Inc AMZN burst up through the important $100 psychological level of resistance on Friday with continued momentum, after breaking up from a bull flag pattern on Thursday. The move came in tandem with bearish price action in the general market.

The night before a major event for a company he founded, billionaire Richard Branson was woken up by Elon Musk. Here’s the strange but true story. What Happened: In July 2021, Richard Branson went to space at the age of 71, hitting the milestone aboard a spacecraft from Virgin Galactic SPCE. The flight beat fellow billionaire Jeff Bezos to space in a race between their respective space companies.

One of the largest retailers in the world could soon be among the companies exploring the world of non-fungible tokens. A new report pointed to an NFT initiative from Amazon.com, Inc. AMZN coming this spring. Here are the details and what it could mean. What Happened: A new report pointed...

With US stock futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:. Wall Street expects Mastercard Incorporated MA to post quarterly earnings at $2.58 per share on revenue of $5.79 billion before the opening bell. Mastercard shares rose 0.4% to $383.98 in after-hours trading.

When asked about Li Auto Inc LI, Cramer said Tesla’s CEO Elon Musk likes the Chinese automakers. "Who am I to go against the smartest man in the world?" Cramer said "thumbs up" to MP Materials Corp MP. Don’t forget to check out our premarket coverage here. When...

Wedbush analyst Nick McKay assumed coverage on Activision Blizzard Inc ATVI with an Outperform rating and a price target of $95. The analyst expects Microsoft Corp MSFT to close its proposed acquisition of Activision Blizzard over the next several months. At a high level, Microsoft must maintain the status quo...

The official Twitter profile of the Azuki NFT project was hacked on Friday, with the hackers posting multiple tweets asking users to claim virtual land. One of the tweets was pinned to the top of Azuki’s Twitter profile timeline, in an apparent bid to garner maximum clicks. Officials from...