Tag: stock
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Jeff Bezos denies Elon Musk claim he urged people to sell their Tesla, SpaceX stock because Trump would lose
Elon Musk and Jeff Bezos have for years duked it out for the unofficial title of the world’s richest person. Now, with Donald Trump heading back to the White House, they seem to be competing for who can win — or at least not lose — the president-elect’s favor. Musk, the Tesla and SpaceX founder…
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Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
Spirit Airlines is considering declaring bankruptcy after a proposed merger with Frontier Airlines fell apart. The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy…
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Why Bitcoin stock surged after Trump’s 2024 election win
Why Bitcoin stock surged after Trump’s 2024 election win – CBS News Watch CBS News Following former President Donald Trump’s 2024 election victory, Bitcoin stock has been surging in the U.S. Axios crypto reporter Brady Dale explains why, and what Trump plans to do. Be the first to know Get browser notifications for breaking news,…
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23andMe to lay off 40% of its workforce as stock price plummets
23andMe to lay off 40% of its workforce as stock price plummets – CBS News Watch CBS News The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what this means for its customers.…
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Donald Trump Media posts earnings as DJT stock halts on Election Day. Here are the details.
Donald Trump’s Trump Media & Technology Group had an eventful Election Day 2024, with its DJT stock halted three times after the shares suddenly plunged. At the end of the trading day, the Truth Social owner released its third-quarter earnings, showing a continued decline in revenue. The company’s third-quarter results, disclosed in a U.S. Securities…
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Here’s how much Donald Trump is worth, from his DJT stock to real estate
Donald Trump may have joined the ranks of America’s richest people through his real estate holdings, from golf courses to hotels, but it’s his stake in the fledgling Trump Media & Technology Group that has more than doubled his net worth to $5.5 billion this year. The money-losing social media company, which trades under the…
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Warren Buffett sitting on over $325 billion cash as Berkshire Hathaway continues selling Apple stock
Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s assorted businesses without finding any major acquisitions. Berkshire said it sold off more…