cherrystrawberry
voted
Tesla investors are definitely pissed at this deal.
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
One, it drives Elon's focus away from Tesla.
Two, it forced Elon to sell TSLA.
Three, if Twitter can't shore up its cash flow, Elon will likely have to keep selling TSLA to fund Twitter.
Twitter's debt repayment is huge and Elon will have to continue to sell TSLA to fund it
If advertisers continue to pull out, he's going to have continue to sell his TSLA shares.
He leveraged his...
2
cherrystrawberry
voted
When the going gets tough, the tough get going.
KPMG has found that 86% of CEOs across the globe believe that a recession will arrive in the next 12 months. In the same survey, 51% said they are considering workforce reduction in the next six months.
Earlier in September, Shopee made headlines for another round of retrenchments, following layoffs in its food delivery and online payment arms in June. It also rescinded dozens ...
KPMG has found that 86% of CEOs across the globe believe that a recession will arrive in the next 12 months. In the same survey, 51% said they are considering workforce reduction in the next six months.
Earlier in September, Shopee made headlines for another round of retrenchments, following layoffs in its food delivery and online payment arms in June. It also rescinded dozens ...
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cherrystrawberry
liked
$Microsoft(MSFT.US$
No matter inflation, rescission, Covid19, war or other big issue… World still use Microsoft![]()
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No matter inflation, rescission, Covid19, war or other big issue… World still use Microsoft
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cherrystrawberry
voted
Recently, Tesla filed a document with the U.S. Securities and Exchange Commission (SEC) announcing that the 2022 shareholders meeting will be held on August 4 (U.S. time) at its Texas super factory, where shareholders will vote on 13 proposals. Among the proposals, Tesla announced in the fourth proposal that the company plans to split its shares at a 3-to-1 ratio.![]()
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Tesla said the potential stock split would provide greater flexibil...
Tesla said the potential stock split would provide greater flexibil...
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cherrystrawberry
voted
With the U.S. Administration growing more desperate by the week as gasoline prices breach $5 per gallon in the United States, President Biden is now taking aim at individual oil and gas companies—namely, $Exxon Mobil(XOM.US$.
A Biden statement attempting to address May inflation data contained harsh words—both for the oil industry as a whole and Exxon specifically.
"Why aren't they drilling? Because they make more money not producing more oil," he...
A Biden statement attempting to address May inflation data contained harsh words—both for the oil industry as a whole and Exxon specifically.
"Why aren't they drilling? Because they make more money not producing more oil," he...
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cherrystrawberry
liked
$CapLand Ascendas REIT(A17U.SG$ next tp 2.90??
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cherrystrawberry
voted
Former $Tesla(TSLA.US$ Autopilot director Christopher "CJ" Moore is now a former Apple car director as well. The $Apple(AAPL.US$ car project has just lost another top executive tasked with advancing its carmaker aspirations. Former Apple manager Christopher “CJ” Moore is leaving the iPhone maker for $Luminar Technologies(LAZR.US$ , after working at Apple for a remarkably short amount of time: seven months.
The departure from Apple c...
The departure from Apple c...
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cherrystrawberry
voted
Bill Gates said he doesn't invest in cryptocurrency because he likes investing in things with "valuable output."
Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.
Gates has also warned about the environmental impact of crypto.
"I don't own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on h...
Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.
Gates has also warned about the environmental impact of crypto.
"I don't own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on h...
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cherrystrawberry
voted
Financial analysts at Jefferies have recently recommended that investors avoid looking to FAANG + Microsoft, and instead consider MANG as a new Wall Street standard. FAANG’s stock market collective consists of $Meta Platforms(FB.US$ , $Amazon(AMZN.US$ , $Netflix(NFLX.US$ , and $Alphabet-A(GOOGL.US$ .
Although FAANG companies, alongside $Microsoft(MSFT.US$ , have been highly popular over the past decade and beyond, the stocks are beginning to contend with deep downturns. In...
Although FAANG companies, alongside $Microsoft(MSFT.US$ , have been highly popular over the past decade and beyond, the stocks are beginning to contend with deep downturns. In...
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