Author: TheStreet News

Social media blew up Monday evening after Tesla billionaire Elon Musk tweeted his first words since revealing a 9.2% stake in the social media platform — and it was a request for whether or not people would want an edit button on their feed. Musk made headlines yet again Monday after announcing he had taken…

Coffee seems to be one of the orders of the day on Wall Street, what with Starbucks  (SBUX) – Get Starbucks Corporation Report fighting off a union drive and Black Rifle Coffee  (BRCC) – Get BRC Inc Class A Report — which some media outlets have dubbed the Starbucks of the right wing — going public. That’s…

With cyberattacks and fears surging in the wake of Vladimir Putin’s invasion of Ukraine, security software stocks are buzzing. But managing rapid growth brings its own challenges, and investor sentiment can get ahead of itself in such cases.  Take CrowdStrike for example.  While CrowdStrike  (CRWD) – Get CrowdStrike Holdings, Inc. Class A Report beat expectations for…

Jeff Bezos became a billionaire and one of the richest men in the world as the founder and long-time CEO of Amazon  (AMZN) – Get Amazon.com, Inc. Report. He held that chair until July 2021 when he stepped aside to spend more time focused on his space company, Blue Origin. His replacement, Andy Jassy, may…

In a boxing match, both opponents know that each round may be the last. But they often assume that the first rounds are moments of observation to try to destabilize the adversary; see if the lessons learned from the sparring partner were the right ones. Both opponents also know that if they take a violent…

It hasn’t been a bed of roses for short-sellers lately. Over the past couple of weeks, “shorties” have been crushed by a fast and furious market rally. As TheStreet’s James “Rev Shark” Deporre often notes, the biggest bounces tend to occur in the worst markets. “That is one of the main things that can make…

Faraday Future Intelligent Electric  (FFIE) – Get Faraday Future Intelligent Electric Inc. Report was long seen as the electric vehicle maker that would challenge Tesla’s  (TSLA) – Get Tesla Inc Report dominance. The company has even embraced the title of Tesla’s No. 1 competitor.  It is clear that the two groups no longer seem to play in…

We’re all tired of hearing about rising gas costs but, unfortunately, the inflation is affecting many aspects of our daily lives. Driving is expensive, food delivery is (more) expensive and those who don’t own a car but take regular Ubers  (UBER) – Get Uber Technologies, Inc. Report or Lyfts  (LYFT) – Get Lyft, Inc. Class A Report also…