Author: super@dmin
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: Tesla’s stock selloff intensifies, on track for lowest close in nearly 2 years
Tesla Inc. stock was poised to end at its lowest in nearly two years on Wednesday following news that Chief Executive Elon Musk sold $3.95 billion worth of his shares.
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: FTX problems mean big headaches for its private equity investors
The mightiest firms in private capital appear to be taking a bath on FTX after the company’s valuation rose to $32 billion over the summer
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Metals Stocks: Gold ends lower after tapping a one-month intraday high; silver retreats
Gold futures on Wednesday briefly touch their highest intraday level in a month before ending the session lower. Silver prices also decline a day after settling at a nearly five-month high.
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The Human Cost: Food-aid programs for low-income Americans hang in the balance — with Senate results still too close to call
The Farm Bill determines everything from agricultural subsidies to nutritional aid programs.
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Key Words: ‘I just killed it’: Musk scraps Twitter’s gray ‘official’ label just hours after its launch
Musk also said ‘Twitter will do lots of dumb things in the coming months.’
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Market Extra: Financial markets cling to hope that inflation is easing ahead of October’s CPI data
Traders and investors are hoping that price gains will ease by enough to help move the needle when it comes to the Federal Reserve’s next rate hike in December.
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The Ratings Game: Disney stock tumbles toward worst day since 2020 as ‘the risks appear skewed against’ the media giant
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance since the early days of the pandemic
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: White House anti-hunger plan enlists gig companies including DoorDash and Instacart — whose workers sometimes go hungry themselves
What role should companies play in helping to solve societal problems like hunger? Companies have pledged billions toward ending hunger in the U.S. by 2030.
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: Facebook parent Meta begins mass layoffs of 11,000 workers as Mark Zuckerberg says, ‘I take responsibility’
Massive layoffs at Meta Platforms Inc. began Wednesday, boosting the social-media company’s beaten-down stock.
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The Ratings Game: AMC should avoid ‘distractions’ like credit cards, popcorn and dive deeper into IMAX, says analyst
AMC reported its 12th consecutive quarterly loss on Tuesday