Tag: Startup

What do companies as diverse as Twitter  (TWTR) , Tesla  (TSLA) , Netflix  (NFLX) , Coinbase  (COIN) , Snap  (SNAP) , Shopify  (SHOP) , Oracle  (ORCL)  and Crypto.com have in common? After many months of strong hiring, all have laid off workers in the last years. The problem has been particularly acute in the tech industry,…

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2022. REUTERS/Brendan McDermid/File Photo   US500 +2.65% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price…

It’s been a rough 2022 for famed money manager Cathie Wood, chief executive of Ark Investment Management, as her exchange-traded funds sink. Wood’s flagship fund, Ark Innovation ETF  (ARKK) , plunged 64% year to date through Oct. 14, hitting a five-year low. Ark Innovation has tumbled 79% from its February 2021 record high. Soaring interest…

The pandemic created perfect growth conditions for a variety of companies. Some simply added a lot of customers that would have eventually found their product anyway. That’s what happened with the Disney+ streaming service for example. People being stuck at home led to meteoric growth, but Walt Disney probably would have eventually captured those customers.…

Of all the products and services that Elon Musk and his various companies provide, Starlink, the secure satellite internet access service, has in recent months become globally prominent.  Now available in all continents, Starlink has become a window on the world for people living in dictatorships, in countries that have been devastated by natural disasters,…

Recently, Market Rebellion identified a series of massive bearish bets being made against EV darling, Tesla. It started just two weeks ago, on September 29th. Market Rebellion identified 4,171 bearish put spread spreads bought at the $260-$240 range for $5.98 per spread. Source: Market Rebellion Unusual Options Activity Total trade price: $2.5 million dollars. At…

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, the world’s richest man, announced a fresh foray into the perfume industry on Tuesday, hawking a “Burnt Hair” fragrance that he claimed sold 10,000 bottles within hours of launching, continuing the billionaire’s record of capitalizing on humor and his enthusiastic fan base to transform seemingly joke…

Share to FacebookShare to TwitterShare to Linkedin“Perfume Salesman” Elon Musk WireImage At least 24 sellers on eBay are offering Elon Musk’s new Burnt Hair perfume at markups of as much as ten times the official cost of $100. The Tesla billionaire began offering the new perfume on the website for his Boring Co. on Tuesday,…

Shutterstock Let’s not beat around the bush – what you’re here to find are the latest and best lightning deals to buy during the Amazon Prime Early Access Event. During this 48-hour event, beginning on Oct. 11 and running through Oct. 12, we’ll be rounding up the most unique short-lived deals on Amazon  (AMZN) . Lightning…

Elon Musk can finally smile.  The world’s richest man has just had a very turbulent week, marked by a strong repudiation of his peace plan to end the Russia-Ukraine war, which has been going on since February 24, when Moscow invaded Kyiv. The CEO of Tesla  (TSLA)  proposed to the Ukrainians to recognize as Russian…