StockTwits, founded in 2008 by Howard Lindzon and Soren Macbeth, is a leading social media platform designed specifically for investors and traders to share real-time market insights, ideas, and strategies. Headquartered in New York City, the company pioneered the use of "cashtags" (e.g., $AAPL) to organize financial discussions, initially integrating with Twitter before evolving into a standalone network.
Meanwhile, Cees de Jong was elected vice chair, replacing Henrik Poulsen, while Britt Meelby Jensen and Stephan Engels were appointed as members of the board at the meeting on Friday.
While the broader market showed signs of strain, the more speculative names within the meme stock space struggled, with some of the biggest names in the industry enduring massive losses.
Strategy Executive Chairman Michael Saylor told CNBC that the company is “accelerating” its purchases and will be reporting new Bitcoin accumulation on Monday.
According to a Bloomberg News report, citing people familiar with the matter, the partnership between Starlink and Emirates is set to be unveiled at the Dubai Air Show, which begins on Monday.
With the new deal, Merck would gain access to CD388, currently in late-stage development, and designed to prevent influenza infection in individuals at higher risk of influenza complications.
Avadel’s board of directors is of the opinion that the fresh proposal would reasonably be expected to be considered superior to the company’s existing agreement with Alkermes.
The Brazilian fintech firm reported net earnings of $783 million, while analysts expected it to post a profit of $757 million, according to a Reuters report citing LSEG data.
Brent crude prices rose 1.4% to $63.90 per barrel at the time of writing, while West Texas Intermediate crude prices gained 90 cents, closing in on $60 per barrel.
Nvidia’s push for a level playing field in China has seen a setback as a few hyperscaler customers have taken a stance against exporting chips to the Asian nation.
According to a Bloomberg News report, the offering comprised four tranches of SEC-registered, senior, unsecured bonds with maturities ranging from three to 15 years.
CEO Gary Dickerson said AI adoption drove substantial investment in advanced semiconductors and wafer fab equipment, fueling the sixth consecutive year of growth.
Block said the integration will simplify cross-border payments and improve settlement efficiency while maintaining the user-friendly interface that Cash App is known for.
