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Does World's Richest Man Elon Musk Live Frugally?
Tuesday, March 22, 2022 - 6:48pm | 885Despite being the richest person in the world, Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk might be one of the most frugal company leaders. What Happened: Musk’s former partner Grimes, whose real name is Claire Boucher, shared details of how frugal Musk is with his money. In an...
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Jeffrey Epstein May Have Tried to Befriend Elon Musk, Report Says
Wednesday, January 15, 2020 - 12:59pm | 402Convicted sex offender Jeffrey Epstein set up a former girlfriend with the brother of Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk in a bid to make a connection to the billionaire tech executive, according to a report out this week. Business Insider reported that Epstein introduced the woman to Kimbal...
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PreMarket Prep Recap: Charting Gildan's Plunge, Buying E-Trade Off The Q3 Print
Friday, October 18, 2019 - 3:23pm | 1049Retail stocks were in the spotlight on Friday's PreMarket Prep show following Gildan Activewear Inc (NYSE: GIL) blindsiding of investors after-hours with lower third-quarter and full-year guidance. The news had a domino effect on many issues in the retail sector, which had been quiet...
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Vanity Fair Author: Suspiciously Profitable China Trades May Not Be 'On The Level'
Friday, October 18, 2019 - 12:24pm | 663On Wednesday, Vanity Fair published an article pointing out several cases of suspicious timing between extremely large e-mini S&P 500 futures market trades and subsequent announcements from President Donald Trump on trade negotiations with China. “The precision and timing of...
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Mitch Albom Talks About Cadence13, 'The Netflix Of Podcasts,' And Return Of 'The Sports Reporters'
Thursday, October 12, 2017 - 11:11am | 1192Just when it seemed like radio-format shows were a dying form of communication, Apple Inc. (NASDAQ: AAPL) came along and added support for podcasts to iTunes, breathing new life into the lungs of this struggling genre. Apple didn't invent the concept of podcasts, but it made it mainstream....
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Biz Stone Is Going Back To Twitter
Tuesday, May 16, 2017 - 1:50pm | 583After a four-year hiatus to co-found and lead Jelly Industries, Inc., another member of Twitter Inc (NYSE: TWTR)’s co-founding team is coming home. “There’s something about the personality of a company that comes from the folks who start it,” Biz Stone wrote in a Tuesday...
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Has Trump's Negativity On The Media Impacted Those Stocks?
Friday, January 27, 2017 - 3:44pm | 738Since the days leading up to the election, President Donald Trump has had a lot to say about big-brand news. On January 8, after reports clarified border-wall financing, Trump tweeted that the media was “dishonest” and “fake.” On January 11, he called Buzzfeed a “pile...
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Twitter May Not Have As Many Suitors As The Market Thinks
Friday, June 17, 2016 - 11:27am | 400LinkedIn Corp (NYSE: LNKD) shareholders weren’t the only big winners this week when Microsoft Corporation (NASDAQ: MSFT) announced it was buying the social media company for $26 billion. Shares of Twitter Inc (NYSE: TWTR) are up 14.7 percent this week on market speculation that the...
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Could Donald Trump Start His Own News Station?
Thursday, June 16, 2016 - 9:30am | 280Love him or hate him, there is no denying that Donald Trump is a TV personality that drives ratings for news channels. According to a report from Vanity Fair, the presumptive Republican presidential nominee is looking to leverage his on-air popularity and create his own media platform and cable...
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5 Takeaways From Vanity Fair's New Valeant Expose
Monday, June 6, 2016 - 12:18pm | 524A new Vanity Fair article by Bethany McLean attempts to unwind the complex and convoluted story of Valeant Pharmaceuticals Intl Inc (NYSE: VRX). Although the Valeant story is far from over, here are five things you need to know about Vanity Fair’s take on the situation. 1. Valeant’s...
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Did You Hear About Mark Zuckerberg's $6 Billion Payday?
Monday, June 6, 2016 - 12:09pm | 374The vast majority of people won't make $1 billion throughout their entire lives, so when an individual earns $6 billion in just one day, people are naturally curious to find out how. Vanity Fair detailed the story in which Facebook Inc (NASDAQ: FB)'s CEO Mark Zuckerberg raked in $6 billion in 24...
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What This 'Esteemed' Venture Capitalist Learned From Mark Zuckerberg
Monday, March 28, 2016 - 5:50pm | 418Chamath Palihapitiya runs one of the best-respected venture capital firms in Silicon Valley, Social Capital, which has backed several tech companies with valuations in the billions, including Slack, Box and SurveyMonkey. Vanity Fair recently interviewed Palihapitiya. The former Facebook Inc (...
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Yahoo Continues Start-up Buying Spree With QuickIO
Tuesday, December 10, 2013 - 3:46pm | 697Is Yahoo (NASDAQ: YHOO) setting some sort of record for number of company acquisitions made in a year? WebProNews, calculates the QuikIO deal is at least the 24th acquisition made by this year by Yahoo – which just last week bought Ptch, another video streaming start-up, and is reported to be...
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Feds Targeting SAC Capital's Steve Cohen?
Tuesday, November 27, 2012 - 9:48am | 1988Yet another former employee of SAC Capital was indicted on insider trading. On Tuesday, U.S. Attorney Preet Bharara's office charged former SAC Capital portfolio manager Mathew Martoma in a $276 million insider trading case -- the largest of its kind. The alleged nefarious trading took place in...
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Steve Cohen Interviewed By Vanity Fair
Wednesday, June 2, 2010 - 11:20am | 351In only his second interview ever, reclusive trader Steve Cohen told Vanity Fair's Bryan Burrough that he would like to find an exit strategy from his day to day responsibilities at SAC Capital, his $16 billion hedge fund group. Cohen started SAC in 1992 with $25 million under management. Many...