Financial advisers express caution on buying Twitter stock as Elon Musk finally goes ahead with his $44 billion offer and it’s time to give more legal and financial breaks to single people, law professor says

Hi MarketWatchers. Don’t miss these top stories. Fewer than 50% of US adults are now married. It’s time to give more legal and financial breaks to single people, law professor says. Fewer people are choosing to form traditional nuclear families. Read More Where’s the beef? Rancher sentenced to 11 years for ripping off Tyson Foods … Read more

Elon Musk’s Twitter Reversal Renews Takeover Bid for a Now-Weaker Firm

Elon Musk’s latest about-face over his $44 billion deal to buy Twitter Inc. TWTR -0.75% has him poised to take over a company that is weaker than it was before he tried to abandon the agreement—thanks in part to his own actions. Broad economic concerns have intensified since July 8, when Mr. Musk made public … Read more

What’s Next for Twitter: Layoffs, a Purge of Spam Accounts, and Trump’s Return

What’s Next for Twitter: Layoffs, a Purge of Spam Accounts, and Trump’s Return

Elon Musk’s Twitter Deal Is Very Pricey. Here’s the Math.

Elon Musk plans to buy Twitter for $44 billion, the original price he agreed to back in April. The world’s richest man is probably wishing he waited a few months to sign the contract. When Musk, the co-founder and CEO of Tesla (ticker: TSLA), proposed buying Twitter for that $54.20 price, some observers wondered if … Read more

Elon Musk says Twitter will eventually be part of ‘X, the everything app’

Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”“ — Elon Musk That tweet was Musk’s first public statement Tuesday about the decision, which was revealed in a … Read more

Twitter stock jumps after report says Elon Musk now wants to buy Twitter at original offer price

Twitter Inc. shares were halted in midday trading Tuesday after reports indicated that Tesla Inc. Chief Executive Elon Musk was now proposing to purchase the social-media company at his original offer price, suggesting a possible end to the legal saga between the two parties. A Bloomberg News report said that Musk sent a letter to … Read more

Trump files $475 million lawsuit against CNN, claiming defamation

NEW YORK — Former President Donald Trump on Monday sued CNN, seeking $475 million in damages, saying the network had defamed him in an effort to short-circuit any future political campaign. The lawsuit, filed in US District Court in Fort Lauderdale, Florida, focuses primarily on the term “The Big Lie” about Trump’s false claims of … Read more

Will Smith’s first project since the Oscars fiasco gets a December release date

US actor Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theater in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith’s upcoming film “Emancipation” will be released in theaters on Dec. 2 and on … Read more

Violating the Laws of Economics for Fun and Profit

October 3, 2022 7:30 am ET There has been a lot written about how and why meme stocks continue to defy the law of gravity, but now something far weirder is going on—violating the law of one price. Professional money managers tempted to bet on or against Reddit favorites such as GameStop or Bed Bath … Read more