Elon Musk, the tech mogul and Twitter CEO, and Matt Taibbi, an independent journalist, recently released a trove of internal emails from Twitter. The documents revealed the company’s efforts to suppress news on their platform and spurred a fierce polemic about the effects of big tech and social media on American society. Frank McCourt, the former owner of the Los Angeles Dodgers, has recently been tackling these challenges. Last year, he founded Project Liberty, a company that promotes… Source link
Read More »Rivian, Lucid stock price surge ‘a sign of an unhealthy stock market’: strategist
Some haywire moves higher in money-losing electric vehicle makers such as Rivian and Lucid hint at the stock market forming an unhealthy bubble, argues Matt Maley, Miller Tabak chief markets strategist. “It’s just a sign of an unhealthy stock market,” Maley said on Yahoo Finance Live. That may be an understatement. While Rivian’s stock price (RIVN) plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company’s IPO pricing of $78 from last… Source link
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