Money

Elon Musk’s week just got worse

Published

3 years ago

July 9, 2023

After being suspended from Twitter last year, Jack Sweeney, the creator of the popular ElonJet account that tracks Elon Musk’s private jet in real time, has found a new home on Mark Zuckerberg’s Twitter alternative, Threads.

Sweeney made his debut on Threads with a post that read, “ElonJet has arrived to Threads!” The account, @elonmusksjet, quickly gained traction and had amassed over 21,000 followers by Saturday morning.

ElonJet provides followers with updates on Musk’s private jet movements using publicly available data. However, in December of last year, Twitter, which is owned by Musk, suspended the ElonJet account.

Musk took offense to the account’s operator, accusing them of mistakenly following his son and referring to them as a “crazy stalker.” He even threatened legal action.

Threads, which is owned by Meta, presents a direct challenge to Twitter and attracted millions of users within hours of its launch. Prominent figures such as Kim Kardashian, Jennifer Lopez, and Democratic U.S. Representative Alexandria Ocasio-Cortez have joined the platform.

Threads aims to capitalize on Twitter’s recent tumultuous decision-making and capitalize on the weakened state of its rival.

Sweeney’s move to Threads allows him to continue providing real-time updates on Elon Musk’s private jet, satisfying the curiosity of those interested in tracking the tech billionaire’s movements.

As the platform gains popularity and draws in notable personalities, Sweeney’s account is poised to gather an even larger following, offering fans a unique glimpse into Musk’s jet-setting lifestyle.

Money

Australia’s inflation hits 3.8%: Budget decisions under pressure

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Published

12 hours ago

February 3, 2026

Harvey Vargas

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Australia’s inflation has surged to 3.8%, sparking concern for households and businesses. Experts warn that rising prices could threaten financial stability if the government does not act in the upcoming budget.

Dr Steven Enticott from CIA Tax joins Ticker to break down what this inflation spike means for everyday Australians. He also explains why inflation above the Reserve Bank’s target band is particularly significant and how it affects economic planning.

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#AustraliaInflation #EconomicUpdate #Budget2026 #RBA #FinancialNews #BusinessImpact #HouseholdCosts #TickerNews

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

15 hours ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

4 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker