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Market News
Microsoft's Mega Move Approved
Microsoft's $69B Activision deal gets US judge ‘go-ahead’ despite White House objection, Meme stocks are back, Americans prepare for tighter budgets as student loan payments resume, MyPillow auctioning off hundreds of items after retailers drop product, and fraudster Elizabeth Holmes gets two years shaved off her sentence…
Twitter to sue Meta
Musk lawyer sends letter to Zuckerberg threatening legal action, banks line up $9.4 billion for Worldpay takeover, Ford sales jump nearly 10% on big gains for F-Series trucks, turns out Taylor Swift DID agree to FTX partnership, and employee “well-being” is turning into a new C-suite role…
Meta's 'Twitter Killer'
Most Fed officials agreed to skip June hike - minutes show, meet Meta’s new Twitter competitor, Soros Foundation cuts 40% of staff 1 month after empires handed over to son, Goldman Sachs loses top M&A ranking for the first time in 5 years, and SVB to sell investment bank back to founder for $100M…
Silicon Valley... truly hardwired?
Silicon Valley is on drugs, consumer confidence at 1-1/2-year high, Cathie Wood’s ARK Bitcoin ETF first-in-line for SEC approval, the raging war over remote work, Ryan Seacrest = the new Pat Sajak, and Airbnb’s offering free stays at Barbie’s Malibu Dreamhouse…