Stocks

The turbulence is going to create conditions for real reforms says Steve Forbes.

Inflation, central banks, US home prices and commodities are the focus for the week

Musk said he hopes to find “someone else to run Twitter,” reducing the number of multibillion-dollar companies he helms back to two.

Stocks could continue to surge for another month, but “it’s still a bear market, so it could rip you apart,” one analyst warns.

VC firms have raised a record $151 billion from their investors this year. But for newer VCs, many of who are from underrepresented groups, fundraising has become paradoxically harder.

The Musk-Twitter saga started when the billionaire acquired a 9% stake in the firm back in April and within weeks announced a bid to acquire it at a massive premium.

The world’s richest person has now sold US$19.3 billion of Tesla stock since announcing his Twitter takeover.

Cboe, formerly the Chicago Board Options Exchange, entered the Australian market in the middle of 2021 when it acquired Chi-X.

Republicans have an 83% of flipping one chamber of Congress, according to FiveThirtyEight, and investors eat up the legislative headaches caused by a split in power in Washington.

As part of an effort to mock Twitter’s new paid verification system, several verified accounts on the platform changed their display images and names to mimic Elon Musk.