Elon Musk’s X sues Twitch in lawsuit alleging advertisers conspired to boycott the platform
X owner Elon Musk has clashed with advertisers since taking over the platform, formerly known as Twitter. Elon Musk’s X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch was added as a defendant on Monday to the…
Rocket Lab’s CEO practices founder mode like Elon Musk — but he’d rather pan for gold on Earth than live on Mars
Rocket Lab’s CEO practices founder mode like Elon Musk — but he’d rather pan for gold on Earth than live on Mars Peter Beck runs a space company — but he has no desire to go to space. “I have all of the knowledge of the risks and none of the courage to accept them,”…
3 reasons the S&P 500 will soar 14% through 2025, BMO says
Don’t bet on an S&P 500 stumble next year, as BMO Capital Markets sees more upside to come. The benchmark index is headed for a 6,700 level by the end of 2025, BMO’s chief investment strategist, Brian Belski, has said. That marks a nearly 14% increase from current levels. There are three reasons to anticipate…
Crypto-trading platform stock surges 250% on Trump Media takeover talk
Shares of a cryptocurrency-trading platform more than tripled following a report that Donald Trump’s social media company was close to buying it. Bakkt soared 162% to nearly $30 a share on Monday, boosting its market value to north of $400 million, after The Financial Times reported that Trump Media & Technology Group was nearing an…
I’m 76 and raising my 3 grandsons. This is not what I thought retirement would look like.
Phyllis Cavone, with two of the three teenage grandsons that she is raising with her husband, Francis. This as-told-to essay is based on a conversation with Phyllis Cavone, 76, from Orlando. It has been edited for length and clarity. My three grandsons live and breathe baseball. My husband, Francis, 75, and I pride ourselves on…
Super Micro stock surges 27% after the company files plan to avoid Nasdaq delisting
Super Micro Computer shares have rallied this week, fueled by the artificial intelligence darling’s plan to avoid being delisted from the Nasdaq. The stock skyrocketed 27% on Tuesday to trade at $26.72, its highest level in two weeks, after the company announced Monday it would remain listed on the Nasdaq while the exchange reviews its…
Corporate borrowing is on a roll. Goldman’s debt financing head breaks down the trends.
Vivek Bantwal, global head of Goldman Sachs’ financing group. On Wall Street, corporate borrowing is on a roll. As the industry rides the postelection wave of a win by Donald Trump and barrels toward a 2025 that appears poised for more deal flow, that trend is only expected to continue. Corporate borrowers raised over $50…
A running list of companies preparing to raise prices if Trump’s trade plan is enacted
Some companies are preparing to raise prices in response to President-elect Donald Trump’s tariff proposals. Some executives have warned that price hikes are on the way if President-elect Donald Trump’s trade plans go into effect. On the campaign trail, Trump proposed a 60% tariff on goods imported from China coupled with a 10% to 20%…
The 5 best states to visit on your first trip to the US, according to a traveler who’s been to all 50
Nicole Sunderland, a travel creator who has visited all 50 states, says Alaska is one of her favorite states. From lush forests to scenic seaside drives and iconic skylines, the US has something for every type of traveler. With visitors able to experience multiple landscapes in one trip, it’s no surprise the country was touted…