By Luc Olinga Elon Musk’s financing of the acquisition of microblogging website Twitter involves a margin loan tied to the billionaire’s Tesla shares. Tesla (TSLA) – Get Tesla Inc Report investors and fans may be able to breathe a bit more easily. Sinc…
Elon Musk Makes a Choice for The 2024 Presidential Election
By Luc Olinga Elon Musk, billionaire and executive of multiple companies, is in the process of acquiring the opinion-shaping social network Twitter. Since Elon Musk on April 14 announced a $54.20-a-share, or $44 billion, bid to acquire the social-netwo…
What Is Additional Paid-In Capital? Definition and Example
By TheStreet Staff What Is Additional Paid-In Capital?Additional paid-in capital is a journal entry on the balance sheet that represents the amount investors pay for a company’s stock above par value. It is also known as the share premium, or capital s…
Crypto Billionaire Takes Big Stake in Meme-Related Company
By Tom Bemis FTX Founder and CEO acquires 7.6% stake in hard-hit online brokerage The billionaire founder of cryptocurrency exchange FTX has taken a big stake in a company at the heart of the meme-stock mania in early 2021. Samuel Benjamin Bankman-Frie…
Cramer’s Mad Money Recap 5/12: Molson Coors, Coca-Cola
By Scott Rutt Jim Cramer reminds investors that stock declines provide even more buying opportunities. The market should’ve bounced Thursday, with interest rates taking a breather, but instead the volatility continued. That’s why Jim Cramer told his Ma…
A Big Las Vegas Strip Change Moves Closer to Completion
By Tony Owusu The iconic road has seen a lot of big changes since the pandemic hit. One more is coming. It’s often easy to hate on C-Suite executives. Whether it’s because they often make hundreds of times more than their average employee does or becau…
Veteran Twitter Executives Axed Ahead of Musk Takeover
By Veronika Bondarenko Hiring freeze also being imposed as part of cost-cutting moves. Ever since agreeing to be sold to Elon Musk for $44 billion, Twitter (TWTR) – Get Twitter, Inc. Report’s been in a constant state of upheaval — amid rising employee …
Has Apple Peaked?
By Dan Weil Longtime high-flying tech giant has been toppled from its position as the most valuable company in the world by a distinctly old-fashioned industrial company. Apple (AAPL) – Get Apple Inc. Report may dominate the market for smart phones, bu…
Carnival Cruise Line Cuts Passenger Capacity
By Michael Tedder International safety standards are proving to be a challenge for the cruise industry. The cruise line industry has been working overtime to ensure the safety and health of their guests, spending millions on updating their ships in ord…
Amazon Makes Morningstar List of Undervalued Mega-Caps
By Dan Weil The S&P; 500, which is dominated by mega-cap stocks, has dropped 17% this year. But there may be opportunities. The S&P 500, which is dominated by mega-cap stocks, has dropped 17% so far this year. While it’s only natural for investors to b…