5 easy steps to help you pay off your debt

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. As Americans continue to feel the financial pressure of record-high inflation, household debt is on the […]

Twitter says it significantly slowed hiring during the second quarter

The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter said on Tuesday that the company “significantly slowed hiring” in the second quarter. The company disclosed the hiring slowdown in […]

Snap, American Express, Verizon, Seagate and more

Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American […]

Twitter (TWTR) earnings Q2 2022

Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter reported earnings for the second quarter on Friday that missed analyst estimates on […]

Snap, Meta Platforms, Mattel and more

People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell:  Snap – Shares of the Snapchat parent company plummeted more than 26% in extended trading after reporting a miss on the […]

Boris Johnson advises next prime minister

Prime Minister Boris Johnson speaks during Prime Minister’s Questions in the House of Commons, London. Picture date: Wednesday July 20, 2022. House Of Commons | Pa Images | Getty Images Departing U.K. Prime Minister Boris Johnson bid farewell to lawmakers in his own inimitable style as he implored British parliamentarians not to pay too much […]

Stock futures extend Dow rally as Netflix earnings beat estimates

U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]

Twitter fires back at Elon Musk’s attempt to delay trial

Elon Musk may tweet about the Twitter deal but not “disparage the company or any of its representatives,” according to a securities filing. Jakub Porzycki | Nurphoto | Getty Images Elon Musk and Twitter continued sparring on Monday, with the social media company slamming the Tesla CEO’s request for a slower trial schedule. Musk is […]

Goldman Sachs, Coinbase and more

Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman gained 2.6% in premarket trading, following upbeat profit and revenue. Second-quarter earnings came in at $7.73 per share, compared to a consensus estimate of $6.58 a share. Goldman’s profit dropped from a year ago, however, as the pace […]

Elon Musk captivates Sun Valley moguls

“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk avoided discussing the collapsed Twitter deal as he addressed an audience of moguls on Saturday in Sun Valley, […]

Elon Musk has been expressing buyer’s remorse over Twitter for months

Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Less than three months after agreeing to buy Twitter for $44 billion, Elon Musk says he wants out. It’s no surprise — Musk has been expressing buyer’s remorse since shortly after he announced the deal. Attorneys representing Musk sent a […]

Twitter stock slips on report that Musk deal is in jeopardy

NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Theo Wargo/WireImage) Theo Wargo | Wireimage | Getty Images Shares of Twitter fell about 4% after the markets […]

Fanatics is in talks to buy sports betting company Tipico, sources say

Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Fanatics, the sports merchandising company, is in talks to acquire sports betting company Tipico, according to two people familiar with the matter. A deal hasn’t yet been reached, and the two […]

Elon Musk says offering is ‘3 or 4 years’ away

SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline […]

Buy the dip in oil stocks, stay away from everything else

CNBC’s Jim Cramer on Monday said the only stocks investors should be buying the dip on are oil names. “I want to be kind to this market and tell you it’s the same old buy the dips game plan. But in reality, the only dip that can be bought right now, at least, is the […]

Nasdaq records first seven week losing streak since 2002

Traders on the NYSE, May 20, 2022. Source: NYSE Tech companies haven’t seen a selloff like since 2001 and the bursting of the dot-com bubble. The Nasdaq declined 3.8% this week, falling for a seventh straight week. It’s the longest losing streak for the tech-heavy index in 21 years. Inflation, rising interest rates, the war […]

Musk met Twitter execs before making a bid, unclear if bots discussed

Elon Musk has said he won’t move forward with his $44 billion Twitter acquisition until he has more details about fake accounts on the platform, but he met with the company’s top brass for three days to discuss its business before he publicly announced his bid, according to a new securities filing. The filing with […]

Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers

Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable […]

Musk reportedly says Twitter deal at lower price ‘not out of the question’

Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Elon Musk hinted that he could seek to renegotiate the price of his Twitter takeover, saying a deal at a lower price wasn’t “out of the question,” Bloomberg reported Monday. Musk reportedly made […]

Spirit Airlines, Eli Lilly, Signature Bank and more

Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading Monday. Spirit, JetBlue — Shares of JetBlue Airways dipped 4.7% on news that the company’s offering $30 a share to take over […]

Elon Musk has wrong approach to count fakes, spam on Twitter: experts

Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researches the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued to hammer […]

Twitter, Affirm, Robinhood and more

Traders work on the floor of the New York Stock Exchange.  NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 9.7% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts there are on Twitter. Still, Musk […]

Elon Musk can’t just walk away from Twitter deal by paying $1 billion

Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple. Musk Friday tweeted that he has decided to put his acquisition of Twitter “on hold” as […]

5 things to know before the stock market opens Friday, May 13

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures pop after the 30-stock average’s six-session losing streak The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., […]

Alphabet CEO Sundar Pichai: CNBC interview

CNBC: Sundar Pichai, CEO of Alphabet and Google being interviewed by Deirdre Bosa. CNBC Google CEO Sundar Pichai said that while consumers are putting the Covid pandemic in the rearview mirror, the economy is clearly a growing concern for the company and the broader market. “We definitely see uncertainty ahead, like everyone else,” Pichai told […]

Bill Gates says Elon Musk could make Twitter worse

Speaking at the at the Wall Street Journal’s CEO Summit Wednesday, Gates asked of Elon Musk: “How does he feel about something [on Twitter] that says ‘vaccines kill people’ or that ‘Bill Gates is tracking people?’” Jeff J Mitchell | Getty Images News | Getty Images Bill Gates has warned that Elon Musk could make […]

Elon Musk sold around $4 billion worth of Tesla shares as he moved to buy Twitter

Elon Musk, founder of SpaceX and chief executive officer of Tesla, waves while arriving to a discussion at the Satellite 2020 Conference in Washington, D.C., on Monday, March 9, 2020. Andrew Harrer | Bloomberg | Getty Images Elon Musk sold roughly $4 billion worth of Tesla shares in the days following his bid to take […]

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