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The social media giant reported a rise in first-quarter earnings to 513 million US dollars (£405 million), but revenues missed forecasts.
The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source ...
On August 10, Musk sold 7.92 million Tesla shares worth a total of $6.9 billion as backup should he lose the lawsuit, despite previously stating he would no longer sell Tesla stock. [121] The next week, McCormick ordered Twitter to produce documents from Beykpour, which Musk's team had requested along with files from 22 other Twitter employees ...
Amount lost in 13 days by Musk after Tesla’s disastrous Q3 2023 earnings announcement. 275. SpaceX launches since inception. ... (formerly Twitter) according to an October employee stock plan ...
On February 11, 2015, Twitter announced that it had acquired Niche, an advertising network for social media stars, founded by Rob Fishman and Darren Lachtman. [144] The acquisition price was reportedly $50 million. [145] Twitter announced that it had acquired TellApart, a commerce ads tech firm, with $532 million stock.
On July 23, 2023, Musk announced X's launch, which would replace Twitter, which started when the X.com domain (formerly associated with PayPal) began redirecting to Twitter; [3] the logo was changed from the bird to the X the next day, [37] and the platform's official main and associated accounts also began using the letter X within their handles. [38]
Of roughly 11% of companies in the S&P 500 index that have reported fourth-quarter earnings to date, just 67% have seen earnings per share come in above estimates — below the five-year average ...
These companies announce earnings and generally hold an earnings call quarterly. Some companies with shares publicly listed also have American Depositary Receipts (ADRs) that are traded on US stock exchanges and are required to file Forms 20-F and 6K with the SEC. They are likely to have their earnings announcements and calls coordinated with ...