Published on: 2025-06-10 20:50:52
In Brief Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer will likely precede a larger investment round in which xAI will offer new equity to outside backers. As The Financial Times notes, xAI is looking to raise additional cash while M
Keywords: ai musk new shares xai
Find related items on AmazonPublished on: 2025-06-14 19:39:22
Jackson Newman is our Senior Editor at Thrifty Traveler, where he writes and edits news articles, guides, and other stories. He joined Thrifty Traveler in April 2023 after more than a decade working i... Kyle Potter is the executive editor of Thrifty Traveler, covering everything from aviation news to travel deals to in-depth guides on using airline miles. A professional journalist, he joined the comp... Some links in this post come from our advertiser or affiliate partners, which may pay us i
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Find related items on AmazonPublished on: 2025-06-25 15:34:21
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X. Siemiatkowski’s family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an all-stock deal, those io shares will be converted into shares in the for-profit arm of OpenAI. “Excited that @FlatCapital was an investor in io and th
Keywords: ai investment io openai shares
Find related items on AmazonPublished on: 2025-07-04 08:07:58
In a regulatory filing out Friday, Elon Musk-led automaker Tesla announced a change to its corporate bylaws that will limit shareholders ability to sue the company if investors believe the company's board or executives committed any breach of fiduciary duties. The filing says the new bylaw went into effect as of May 15, and that Tesla has adopted "an ownership threshold requiring any shareholder or group of shareholders to hold shares of common stock sufficient to meet an ownership threshold of
Keywords: company musk shareholder shares tesla
Find related items on AmazonPublished on: 2025-07-09 16:12:11
Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its initial public offering. The stock opened at $69.69, or 34% above its IPO. Shares closed up nearly 29% at $67 a share, bringing its total market capitalization to more than $5.4 billion. The Israel-based company sold nearly six million shares at $52 each, above the expected range of $46 to $50. Almost six million additional shares were sold by existing investor
Keywords: company etoro ipo million shares
Find related items on AmazonPublished on: 2025-07-09 16:56:36
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company's first earnings release since going public. The stock popped in extended trading. Here's how CoreWeave did in comparison to LSEG consensus: Earnings per share: Loss of $1.49 Loss of $1.49 Revenue: $
Keywords: coreweave million revenue shares stock
Find related items on AmazonPublished on: 2025-07-10 00:52:11
Shares of stock brokerage platform eToro popped in their Nasdaq debut on Wednesday after the company raised almost $310 million in its initial public offering. The stock opened at $69.69, or 34% above its IPO, pushing its market cap to $5.6 billion. Shares were last up more than 30%. The Israel-based company sold nearly six million shares at $52 each, above the expected range of $46 to $50. Almost six million additional shares were sold by existing investors. At the IPO price, the company was
Keywords: company etoro ipo million shares
Find related items on AmazonPublished on: 2025-08-03 08:59:22
Last month, Brett Adcock, founder of a robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to at least two brokers who run secondary marketplaces, those brokers told TechCrunch.These people said Figure AI’s cease-and-desist letters demanded that they stop marketing the company’s stock. Both brokers said they received the letters for the first time after Bloomb
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Find related items on AmazonPublished on: 2025-08-23 23:32:46
Shares of embattled carmaker Tesla have reached a "death cross" this week, indicating heightened volatility and the potential for future losses. A "death cross" is a financial term meaning when a company's 50-day moving average crosses below its 200-day average, as Business Insider explains. It's the first time the EV maker has flashed a death cross since May 2022. While there's no guarantee the carmaker's shares are about to crash — death crosses have also been known to lead to a quick reboun
Keywords: carmaker cross death shares tesla
Find related items on AmazonPublished on: 2025-08-24 12:34:10
The trial between the US Federal Trade Commission and Meta began this week—and the future of the company is at stake. The FTC wants Meta to sell off two prized assets, Instagram and WhatsApp, arguing that it acquired them illegally to suppress competition. Today on the show, Senior Writer Paresh Dave joins host Zoë Schiffer to talk about what we know right now about the government’s case—and what we learned when Mark Zuckerberg took the stand Monday. Articles mentioned in this episode: FTC v M
Keywords: dave facebook ftc paresh zoë
Find related items on AmazonPublished on: 2025-08-27 04:32:44
Shares of Hewlett Packard Enterprise jumped nearly 5% after Elliott Investment Management built a more than $1.5 billion stake in the server maker, a person familiar with the matter told CNBC. The activist investor hopes to engage the company in discussions on how to improve shareholder value, the source said. Elliott and HPE declined to comment on the news. Shares of the data center equipment maker have lost more than a fourth in value this year. Last month, the company topped quarterly reve
Keywords: company elliott hpe shares year
Find related items on AmazonPublished on: 2025-08-30 03:13:37
The Open Guide to Equity Compensation ❇️ This guide is now published on Holloway. Read it there for search, booksmarks/highlights, expert commentary, and PDF/EPUB download. Introduction Equity compensation is the practice of granting partial ownership in a company in exchange for work. In its ideal form, equity compensation aligns the interests of individual employees with the goals of the company they work for, which can yield dramatic results in team building, innovation, and longevity of e
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Find related items on AmazonPublished on: 2025-09-02 00:20:22
Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Tesla shares slumped on Thursday, reversing course a day after the electric vehicle maker had its biggest gain on the market since 2013. The stock dropped 7.3% to close at $252.40 and is now down 38% for the year, by far the biggest decline among tech's megacap companies. That's true even after the shares soared 23% on Wednesday, t
Keywords: china shares tesla thursday trump
Find related items on AmazonPublished on: 2025-09-06 18:07:48
A Multiwavelength Look at Proxima Centauri’s Flares The problem of flares in red dwarf planetary systems is stark. With their habitable zones relatively near to the star, planets that might support life are exposed to huge outbursts of particles and radiation that can strip their atmospheres. We can see that in nearby M-dwarfs like Proxima Centauri, which is extremely active not only in visible light but also in radio and millimeter wavelengths. New work at the Atacama Large Millimeter/submilli
Keywords: centauri flares millimeter optical proxima
Find related items on AmazonPublished on: 2025-09-10 09:00:58
It’s a day fans of the Grid have been awaiting for years. The first trailer for Tron: Ares is here, a film that has been in the works for over 15 years. That’s even before the release of 2010’s Tron: Legacy, a cult classic in the making that set up a sequel which never happened, and does not appear to be this. In the first trailer for Ares, it doesn’t look like the new film picks up those Legacy threads at all. Instead, we’re introduced to a new, red grid and, somehow, creations from that plane
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Find related items on AmazonPublished on: 2025-09-10 09:48:13
is a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Disney just released the first trailer for Tron: Ares, the long-planned Tron: Legacy sequel. The minute-and-a-half trailer doesn’t say much about the story but shows plenty of the movie’s visuals, which look dark, moody, and filled with the series’ signature light trails. The trailer opens in the physical world at night, as Jared Leto’s Ares, a Program ma
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Find related items on AmazonPublished on: 2025-09-08 21:47:40
Just before announcing a major escalation in his tariff war on Wednesday evening — followed by a major stock market wipeout the following morning — president Donald Trump freed up the sale of his Truth Social shares. As the Financial Times reports, Trump Media and Technology Group (TMTG) revealed that it was planning to sell more than 142 million shares in a late Tuesday filing with the Securities and Exchange Commission. Most notably, the shares listed in the document include Trump's 114-mill
Keywords: filing sell shares tmtg trump
Find related items on AmazonPublished on: 2025-09-12 04:10:25
Trump Media and Technology Group, the parent company of Truth Social, is ostensibly a tech company that operates a middling social media platform. In practice, it’s something closer to a way for opportunistic investors to suck up to the President. But it appears Trump may be ready to cash out. According to the Financial Times, a recent filing by the company to the Securities and Exchange Commission indicates that the trust Trump stashed his shares in is now permitted to sell his stake. According
Keywords: company sell shares tmtg trump
Find related items on AmazonPublished on: 2025-09-14 08:13:00
is a deputy editor with 18 years of experience writing and editing product reviews, gadgets and business news. Previously, he was a deputy editor covering technology companies at CNBC. Shares of Apple, Amazon, and other tech stocks are getting walloped on Thursday as the markets digest the impact of President Donald Trump’s new round of tariffs announced on Wednesday evening. Shares of Apple were down about 9 percent on Thursday morning, which would mark the biggest drop in about five years if
Keywords: amazon apple companies percent shares
Find related items on AmazonPublished on: 2025-09-24 04:40:34
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, which provides access to Nvidia graphics processing units for artificial intelligence training and workloads, had planned to sell shares for between $47 and $55 each. At the top end of the range, that would've valued CoreW
Keywords: billion coreweave million shares tech
Find related items on AmazonPublished on: 2025-10-11 03:05:51
As Tesla's shares continue their monthslong slump, even its executives and board members are starting to jump ship. As ABC News reports, four top officers at the company offloaded over $100 million in shares since early last month — suggesting that even insiders see troubling days ahead for the Elon Musk-run company. Since Trump's inauguration in early January, Tesla's shares have been getting hammered, the result of widespread market pessimism, an aging vehicle lineup — and perhaps mainly ani
Keywords: company million musk shares tesla
Find related items on AmazonPublished on: 2025-10-14 02:39:49
New Intel CEO Lip-Bu Tan will receive total compensation of $1 million in salary and about $66 million in stock options and grants vesting over the coming years, according to filing on Friday with the SEC. Tan was named as the chief of Intel this week, spurring hopes that the chip industry veteran can turn around the struggling company. Intel shares are up nearly 20% so far in 2025, and most of those gains came this week, following Tan's appointment. He starts next week. Tan will receive $1 mi
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Find related items on AmazonPublished on: 2025-10-20 07:44:40
Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Tesla shares rose for a second straight day in early trading Wednesday after the stock recorded its worst day since 2020 earlier in the week. Shares were last up nearly 6%, building on a 3.8% gain from Tuesday. The electric vehicle stock plunged 15.4% on Monday for its worst session since September 2020
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Find related items on AmazonPublished on: 2025-10-21 23:11:08
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Reddit shares rose more than 10% on Tuesday, reversing a three-day slump that coincided with a broader decline among technology companies. Despite Tuesday's gains, Reddit shares are still roughly 30% below the close on Wednesday. Reddit's stock market upswing was likely bolst
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Find related items on AmazonPublished on: 2025-10-31 21:19:30
CoreWeave’s initial S-1 document for its upcoming IPO is full of surprises. Backed by Nvidia, CoreWeave runs an AI-specific cloud service from its network of 32 data centers that together have more than 250,000 Nvidia GPUs as of the end of 2024, according to the company. Since then, it has also added a number of Nvidia’s latest product, Blackwell, which supports AI reasoning. While we don’t know yet how many shares CoreWeave plans to sell or at what price, the IPO specialists at Renaissance Ca
Keywords: billion company coreweave million shares
Find related items on AmazonPublished on: 2025-11-04 15:27:09
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Asian tech and chip-related stocks fell Tuesday after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Trump said the U.S. would impose 25% tariffs on goods imported from Canada and Mexico, adding that there was "no room left for Mexico or for Canada" to negotiate an alternative to the tariffs. Trump also said he wou
Keywords: company lost shares tech trump
Find related items on AmazonPublished on: 2025-11-08 18:06:55
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. Nvidia shares rebounded 3.9% Friday, pushing the tech giant back into the $3 trillion market cap club with Apple. Shares of the chipmaker dropped 8.5% Thursday following the company's quarterly earnings report. The move wiped out about $273 billion in value and brought the company's market cap to $2.94 trillion. D
Keywords: cap company despite nvidia shares
Find related items on AmazonPublished on: 2025-11-08 23:10:12
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. Nvidia shares whipsawed Friday, briefly pushing the tech giant back into the $3 trillion club with Apple. Shares of the chipmaker dropped 8.5% Thursday following the company's quarterly earnings report. The move wiped out about $273 billion in value and brought the company's market cap to $2.94 trillion. Despite t
Keywords: company despite friday nvidia shares
Find related items on AmazonPublished on: 2025-11-09 20:17:14
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. Nvidia shares rebounded Friday, briefly pushing the tech giant back into the $3 trillion club with Apple. Shares of the chipmaker dropped 8.5% Thursday following the company's quarterly earnings report. The move wiped out about $273 billion in value and brought the company's market cap to $2.94 trillion. Despite t
Keywords: company despite friday nvidia shares
Find related items on AmazonPublished on: 2025-11-10 00:55:59
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker's shares rose 2% Friday after a losing session Thursday. Shares shed 8.5% following Nvidia's quarterly earnings, wiping out about $273 billion in value and bringing the company's market cap of $2.94 trillion. Despite this week's
Keywords: apple company despite nvidia shares
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