matthew fox

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Business News

Elon Musk's Tesla Ownership Has Soared to 20.5% and Is Now Worth More Than $120 Billion, New Filing Shows

The SEC filing shows that Musk is not far from reaching the 25% stake he desires.

Business News

Spirit Airlines Is the Latest Meme Stock Amid 131% Spike

The drama first unfolded last week, when a court blocked JetBlue's proposed $3.8 billion takeover of Spirit Airlines due to concerns about competition within the airline industry.

Business News

Three Men Behind Last Year's $100 Million Publicly Traded New Jersey Deli Charged In Alleged Stock Fraud Campaign

The orchestrated scheme helped a local New Jersey deli sport a market capitalization of $100 million.

Business News

Bitcoin Spikes 16% To Record High After Tesla Says It Invested $1.5 Billion in the Cryptocurrency and Will Begin Accepting It as Payment

Tesla expects to begin accepting bitcoin as a form of payment for its products in the near future.

Business News

Airbnb Prices IPO at $68 Per Share, Will Raise $3.5 Billion

The offering is expected to give the company a valuation of $47.3 billion. Airbnb will trade on the Nasdaq exchange under the ticker symbol "ABNB."

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