Elliott Investment Management Builds Significant Stake in Catalent, Shares Surge
Activist shareholder Elliott Investment Management has acquired a substantial stake in drugmaker Catalent, leading to an 8.8% pre-market surge in the company’s shares.
Activist shareholder Elliott Investment Management has acquired a substantial stake in drugmaker Catalent, leading to an 8.8% pre-market surge in the company’s shares.
Tesla’s CEO, Elon Musk, once again caused a significant surge in the valuation of Dogecoin, a cryptocurrency based on the Doge meme, with a single tweet featuring a meme of Scooby-Doo.
Tesla’s CEO Elon Musk surprised in early 2021 with a $1.5 billion investment in Bitcoin. However, the latest earnings report shows that Tesla did not transact in Bitcoin during the second quarter of 2022.
Twilio Inc. (TWLO) experienced higher trading volume as Morgan Stanley raised its price target to $75 with an Overweight rating. Meanwhile, Piper Sandler downgraded the stock to Neutral but increased the price target to $71.
Former New Jersey Gov. Chris Christie firmly declines the possibility of being Donald Trump’s running mate in 2024, defending Mike Pence and criticizing Trump’s behavior after the Capitol attack.
Tesla Inc. reported robust second-quarter earnings, beating revenue estimates and garnering positive reactions from financial experts on Twitter.
Eliyahu Weinstein, whose 24-year sentence was commuted by former President Donald Trump, is now charged with fraud. He is alleged to have engaged in a sophisticated fraud scheme shortly after his release from prison, facing charges brought by the SEC.
A judge clarified that Donald Trump’s liability for sexual abuse in the E. Jean Carroll case was indeed rape, despite the jury’s initial label.
U.S. stocks ended the day higher, with the Dow Jones up by more than 100 points. Tesla’s stock experienced a slight decline despite the company’s impressive Q2 earnings report, which showed significant revenue growth and exceeded profit expectations.
Nassim Nicholas Taleb, renowned author of “Black Swan,” expressed his skepticism about Non-Fungible Tokens (NFTs) as investments, citing their lack of intrinsic value and speculative nature.