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Twitter is losing its tweeters

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Research shows Twitter is struggling to keep their most active users

Social media platform, Twitter is battling to keep their most valuable asset…active users.

According to an internal research document titled ‘Where Did the Tweeters Go?’, so called heavy tweeters have been in “absolute decline” since the start of the pandemic.

In the document, a heavy tweeter is describes as someone who logs into Twitter six or seven days a week, and tweets around three to four times a week.

Heavy tweeters may only account for less than 10 per cent of overall monthly users, but they generate 90 per cent of all tweets, and half of global global revenue.

It raises a question tweeted by Elon Musk five days before announcing his offer to buy the company where he asked “is Twitter dying?”

It comes as Elon Musk approaches his deadline to complete his $44 billion deal to takeover the company.

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What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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Money

ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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