By Luc Olinga The new owner of the social network is looking for a business model to make the platform profitable. The new Twitter is emerging. Since finalizing the $44 billion deal giving him control of the social network on October 27, Elon Musk got …
Stephen King Scares Up Support for Ruling to Scrub Penguin Merger
By Rob Lenihan The horror novel writer voices support for court ruling blocking a major publishing merger. It was the deal that even frightened Stephen King. The best-selling horror novel writer took to Twitter on Halloween to express his support for a…
Pfizer Stock Needs a Booster to Clear Resistance on the Chart
By Bret Kenwell Pfizer is rallying after its earnings report, but the stock faces resistance. Above and the shares can continue to run. Below? Here’s support. Pfizer (PFE) – Get Pfizer Inc. Report shares are higher on Tuesday, up about 3% so far on the…
These Lows Not Seen Since 1788 Signal Time to Be Bullish on Bonds
By Jeffrey Quiggle Uncertainty in the stock market has investors looking at historic Treasury data with more than a little curiosity. The term “dead cat bounce,” while understandably offensive to some, is a common expression on Wall Street for an inves…
Hail a Ride With Uber Stock Only If It Stays Above This Key Level
By Bret Kenwell Uber is trading higher on its earnings report. But the stock faces key resistance on the upside, while it tries to hold a level on the downside. Uber (UBER) – Get Uber Technologies Inc. Report stock is flying higher on the day, up more …
26 of the Best Gift Ideas for Every Zodiac Sign
By Noelle Ike We’ve rounded a couple of gifts for each of the zodiac signs, catered to each of their unique characteristics. When it comes to holiday gift giving, there’s no one-size-fits-all approach. For those closest to you, you might be planning to…
What Was the Panic of 1907? Why Was It Important?
By TheStreet What Was the Panic of 1907?Over three weeks in October, 1907, theNew York Stock Exchange witnessed a sharp, 50% decline that wreaked havoc throughout America’s banking system, second only in severity to the Great Crash of 1929. Wealthy, se…
Powerball Jackpot Wouldn’t Help Zuckerberg, Bezos or Musk Much
By Jeffrey Quiggle A dismal 2022 for three key companies has hammered their CEOs’ wealth. The current Powerball jackpot of $1 billion may be an unimaginable number to most people, but it pales in comparison with the losses suffered this year by three o…
EBay Completes a Crucial Acquisition
By Tom Bemis,Kirk O’Neil Online auction site is adding to its collection with a big deal to reach out to a specialized and devoted community. The creation myth of online auction site EBay has long been that the company was founded as a way to make it e…
Goldman Sachs Adds Another Fed Rate Hike to Its Forecast
By Dan Weil The Fed already has raised interest rates 3 percentage points since March, putting the federal funds rate at 3% to 3.25%. Some economists and investors expect the Federal Reserve to soon pivot away from its interest-rate-increase campaign, …