Press Release Category: Finance

Tesla Shareholders Approve 3-For-1 Stock Split: Is Now The Time To Buy?

X Tesla Stock Split: Is Now The Time To Buy? Tesla (TSLA) shareholders approved plans for a 3-for-1 stock split on Aug. 4. Shares outstanding will increase to 4 billion to complete the Tesla stock split. The vote was held at the annual shareholder meeting — dubbed the “Cyber Roundup ” — at the Tesla

Amazon and Grubhub Strike Deal to Bring Restaurant Delivery to Prime Members agreed to add Grubhub to its suite of Prime services in the U.S., in a deal that also gives the e-commerce giant the option to acquire a small stake, the parent of the food-ordering company said.Grubhub’s parent, Netherlands-based Just Eat said Amazon has an initial option to take a 2% stake in U.S.-based

Mark Zuckerberg issues dire economic warning to Facebook and other Meta employees

Mark Zuckerberg has issued a chilling message to Meta Platforms Inc. employees: The company faces one of the “worst downturns that we’ve seen in recent history,” which will necessitate a scaling back of hiring and allocation of resources. The dire economic warning was delivered during an internal videoconference meeting on Thursday for Meta’s META, -0.76%

Stocks Surge as Bullard, Data Ease Recession Fears: Markets Wrap

(Bloomberg) — US stocks surged and a rally in Treasuries waned after a reading on inflation expectations eased and the Federal Reserve’s James Bullard suggested recession fears are overdone.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightJuul’s Vaping Products Are Ordered Off the Market in the USStocks Surge as Bullard, Data Ease Recession Fears:

Meet the ‘unluckiest’ stock market investor of modern times

If you’re thinking of pulling your 401(k) out of the stock market, or you’re too terrified to invest more, you need to meet my friend Betty Badluck.Poor old Betty has had the worst luck of any stock market investor you’ve ever met. In the last 40 years she has invested in the stock market just six times.…

Bitcoin Is Crashing. Where It Might Be Headed Next.

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit June 18, 2022 12:19 pm ET Order Reprints Print Article The Bitcoin carnage continues, as the cryptocurrency breaks $20,000 to trade at its lowest level since 2020. Don’t be surprised if…

Russia Steps Up Energy Wars With Gas Cuts to Europe’s Top Buyers

(Bloomberg) — Russia stepped up the use of energy as a weapon by further cutting natural gas shipments via its biggest pipeline to Europe, prompting Germany to accuse the Kremlin of trying to drive up prices.Most Read from BloombergAmericans Are Building Vacation-Home Empires With Easy-Money LoansChina Alarms US With Private Warnings to Avoid Taiwan StraitVolatility…