RENO, NEV.—In the 1980s, Michael Milken embodied Wall Street greed. A swashbuckling financier, he was charged with playing a central role in a vast insider-trading scheme and was sent to prison for violating federal securities and tax laws. He was an inspirat…
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Month: October 2019
Market recap: Twitter earnings miss sends stock price tumbling
Injured bird: Twitter dove 19% to $31.44 Thursday after reporting disappointing third-quarter profit and revenue and giving investors a weak revenue forecast for the fourth quarter. Shares closed Friday at $30.30. Charging ahead: Tesla surged 14.7% to $292.3…
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Tesla launches Solar Roof version 3, Elon Musk touts improvements – Quartz
Tesla is re-releasing its solar roofagain. The third version arrived yesterday. The company first launched the product in 2016 under the newly acquired Solar City. It promised textured glass shingleshydrographically printed to resemble French slate or Tuscan…
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The “original disruptors” go head to head in The Current War: Director’s Cut
The Current War.”/> Enlarge/ “My boys and I caught in a jar what before now has only flashed across the night sky.” Benedict Cumberbatch plays Thomas Edison in The Current War. 0 with 0 posters participating Before Macs vs. PCs, before Elon Musk and Je…
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How SoftBank made WeWork an offer it had to accept
NEW YORK (Reuters) – Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation of one of this year’s most high-profile initial public offerings. By October, with the IPO abandoned and hi…
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