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Elon Musk sells almost $4bn in Tesla shares

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2 years ago

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Billionaire Elon Musk is again making headlines selling around $4 billion worth of shares in Tesla

The electric car maker’s chief executive then took to Twitter to say he does not plan on selling any more of the company’s shares.

This all comes amid Tesla’s shares falling dramatically earlier this week with investors anxious that Musk may sell more to fund his purchase of Twitter.

Neither the world’s richest man nor regulators have provided a reason behind the sale.

Musk acquired the social media platform Twitter for $44 billion earlier this week.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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