First American News – Raleigh, NC: Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. As Elon Musk Buys 9.2% Shares of the stock, Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday […]
First American News LLC: Raleigh, NC: Nvidia was leading fellow chip makers higher early Wednesday following fourth-quarter earnings and a forecast from Advanced Micro Devices that smashed analysts’ expectations. Nvidia (ticker: NVDA) was rising 5.3% to $259.52 in premarket trading Wednesday, Qualcomm (QCOM) was up 3.1%, and Micron Technology (MU) gained 2%. AMD’s chief rival, […]
First American News LLC: Raleigh, NC: Elon Musk says his 2018 tweet about planning to take Tesla Inc. private was “entirely truthful” and that investors who claim the missive was fraudulent are wrong. Lawyers for the billionaire chief executive officer of the electric-car maker said in a court filing Tuesday that Saudi Arabia’s sovereign wealth […]
First American News LLC, Raleigh, NC: Bitcoin’s price plunged by more than 80% to as low as $3,100 from the end of 2017 through December of the following year, a period characterized by the boom-and-bust of initial coin offerings and several big banks shelving their plans to start cryptocurrency trading desks. Bitcoin wouldn’t reach a new […]
First American News LLC, Raleigh, NC: Microsoft is scheduled to announce its second-quarter results after markets close. The software giant is expected to announce around $50.7 billion in sales for the three months through December, up around 18% from a year earlier and close to 13% growth in net income to $17.5 billion, according to […]
First American News LLC, Raleigh, NC: The Japanese company seeks to leverage strength in hardware as battle shifts to cloud services and exclusive software. SONY finds itself in a position many gamers could appreciate, having climbed to the highest level only to discover that an old foe is still lurking around—and getting stronger. Subscription to […]
Sales Support