Former President Donald J. Trump’s already sizable stake in his social media company is set to jump by more than $1 billion, as he’s rewarded with additional shares in the parent of Truth Social — the result of its stock price staying high in recent weeks. The windfall comes at a crucial time for Mr. […]
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Andreas Bechtolsheim doesn’t like to waste time. The entrepreneur made one of the most celebrated investments in the history of Silicon Valley — the initial $100,000 that bankrolled a search engine called Google in 1998 — while on the way to work one morning. It took just a few minutes. Twenty one years later, Mr. […]
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The markets are mercurial but their tone has thoroughly changed — from the sky-is-the-limit bullishness that dominated only a month ago to a mood of heightened uncertainty and measured self-restraint. Big shifts have taken place this month. Bonds have taken a beating but are becoming increasingly attractive. Stocks are no longer rocketing straight to the […]
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Stocks are on course for their longest losing streak of the year, as geopolitical turmoil rattles Wall Street and investors slash their bets on the Federal Reserve cutting interest rates any time soon. The S&P 500, one of the most widely followed stock indexes in the world, recorded a fifth consecutive decline on Thursday. Stocks […]
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Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history. If setbacks in court and the car market have induced any soul searching among Tesla’s board, there was no sign of […]
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Tesla tries again on Musk’s record pay package Nearly three months ago, a Delaware court voided Elon Musk’s multibillion-dollar pay package that Tesla’s board — and most shareholders — had given him in 2018, contending that the process to decide it was “deeply flawed” and that the company didn’t properly disclose it to investors. On […]
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The Chinese economy grew strongly in the first three months of the year, new data shows, as China built more factories and exported huge amounts of goods to counter a severe real estate crisis and sluggish spending at home. To stimulate growth, China, the world’s second-largest economy, turned to a familiar tactic: investing heavily in […]
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Shares of former President Donald J. Trump’s social media company plunged on Monday after the company filed to register the potential sale of tens of millions of additional shares. Trump Media & Technology’s stock fell 18 percent, erasing hundreds of millions of dollars from the company’s market value — and putting a dent in Mr. […]
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An uneasy calm Investors are breathing a sigh of relief on Monday. Global stocks are in the green and oil prices have retreated from last week’s gains after Iran’s unprecedented drone and missile attack on Israel was mostly neutralized in the skies. But the calm could be short lived, as world leaders and markets focus […]
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Stocks slumped to a second consecutive weekly loss on Friday, as intensifying tension in the Middle East prompted caution among investors, adding to concerns about lingering inflation that had set off a retreat earlier in the week. The S&P 500 fell 1.5 percent on Friday in its worst day of trading since January, and ended […]
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The markets assume that former President Donald J. Trump has an even chance of winning the November election. So far, it appears they don’t care either way. The political prediction markets — which allow traders to place bets on the outcome of the November election — show that the presidential race is tight. After trailing […]
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Wall Street was rattled by signs of stubborn inflation on Wednesday, with stock prices sliding and government bond yields, which underpin interest rates throughout the economy, jolting higher. The S&P 500 fell over 1 percent for the second time this month and only the fifth time this year. Other major indexes, including the tech-heavy Nasdaq […]
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What next on inflation and rate cuts? The mood music on rate cuts has changed again. Inflation hasn’t fallen as quickly as expected and the economy is performing strongly. All eyes now are focused on the upcoming Consumer Price Index data for clues on when the Fed might finally start cutting interest rates. Friday’s blowout […]
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The Bureau of Labor Statistics shared more information about inflation with Wall Street “super users” than previously disclosed, emails from the agency show. The revelation is likely to prompt further scrutiny of the way the government shares economic data at a time when such information keenly interests investors. An economist at the agency set off […]
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Stripe, a payments start-up, is one of the most successful companies to emerge from Silicon Valley in a generation. Last year, it hit a valuation of $65 billion. But in the 15 years since it was founded, there has not been a way for most individuals to invest in it. It is a problem that […]
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It’s been a splendid run for the market — so emphatically great that in just the first three months of the year, the S&P 500 climbed to record highs on 22 separate days. Most people who have looked at their stock portfolios this year have had the pleasant experience of seeing increases in their holdings, […]
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“Disruptive and destructive.” That is how Disney has referred to the activist investors who are pushing for seats on its board and influence over its strategy. In return, the activists have called Disney “stupid” and mocked its purported turnaround as “a fanciful tale.” Which side will prevail? One of the largest, priciest and nastiest proxy […]
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Shares of former President Donald J. Trump’s social media company slumped more than 20 percent on Monday, as the fervor around the company’s debut on public markets last week appeared to subside. The sell-off cut the market value of Trump Media & Technology Group, which trades under the ticker “DJT,” by some $2 billion, to […]
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As Narendra Modi was storming to victory in the election of 2014, he said that “acchhe din aane waale hain” — good times are coming. Now as Mr. Modi stands set to secure another term as prime minister in elections starting on April 19, the value of India’s stock market has grown threefold since he […]
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