The $44 Billion Twitter ‘Catastrophe’ That Wasn’t: Musk’s Stunning Financial Turnaround at X
The little-known story of how X doubled Twitter’s best profits while the experts predicted “disaster”
The little-known story of how X doubled Twitter’s best profits while the experts predicted “disaster”
Our resident technician reviews Walter Isaacson’s new biography of the world’s richest man
Intelligence Squared U.S. invites some of the world’s brightest thinkers to debate issues. The organization was founded in New York in 2006 to promote intellectual diversity by fostering respect for differing opinions. The debates are organized in the traditional Oxford style. The side that convinces more audience members to embrace its arguments wins. The excerpts … Continued
On Oct. 20, it was reported that the U.S. government is considering a national security-focused review of the Musk-Twitter deal
Two big stories are dominating the financial pages as Luckbox goes to press—the stock market sell-off and Elon Musk’s acquisition of Twitter. Both got us thinking about comebacks. Active investors are losing sleep, tossing and turning as they fret about market strategy. In their sleep-deprived minds, they create scenarios for how each approach to active … Continued
Elon Musk’s planned buyout of Twitter (TWTR) hit a roadblock on April 15 after the social media company announced it was adopting a shareholder rights plan—commonly referred to as a “poison pill.”
Twitter found itself in the media spotlight after President Donald Trump last Thursday signed an executive order targeting social media platforms and their protections under Section 230 of the Communications Decency Act. The act, explored in depth in a previous Luckbox book review, protects companies such as Twitter and Facebook from being held liable for … Continued
Some financial media experts say that all trading and investing is uncertain by nature. Therefore, why should uncertainty in the markets matter? Well, while there’s some truth to this sentiment, it’s too simplistic. Specific types of uncertainty can directly affect market conditions. While they’re not always easy to anticipate, traders can remain vigilant to help … Continued
Across the world of financial media one topic pops up repeatedly: “How are millennials saving and investing?” Born from 1981 to 1996, millennials have now reached ages 23 to 38. As baby boomers (1946-1964) retire and members of Generation X (1965-1980) become content with their investing and savings habits, financial firms are shifting their focus … Continued