Posted November 21, 2022
By Ray Blanco
Disney Rallies, Twitter Faces Debt, FTX, and More
We have a shortened trading week ahead of us with Thanksgiving closing the markets on Thursday, then a half day on Friday.
Holiday-shortened trading weeks are usually accompanied by lower trading volume, so I’m not expecting too much excitement in the markets this week.
I hope you get to enjoy some time off with the family for Thanksgiving this week!
That being said, just because we have a shortened trading week doesn’t mean there won’t be some interesting headlines hitting the tape…
There’s never a shortage of tech stories out there and I’ll be sure to stay on top of the events this week, even on the off days.
So, with that, read below for everything I have my eye on this week…
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Disney Shares Rally as Former CEO Robert Iger Return Investors cheer leadership change as entertainment company contends with streaming challenges. Read more… |
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How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs The social-media company is working to bring down expenses as many advertisers pause spending and debt payments loom. Read more… |
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Collapsed FTX Owes Nearly $3.1 Billion to Top 50 Creditors Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. Read more… |
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The Rise and Fall of Elizabeth Holmes: A Timeline More than three years after Elizabeth Holmes was first indicted and nearly four months after her trial kicked off, the founder and former CEO of failed blood testing startup Theranos was found guilty on four out of 11 federal fraud and conspiracy charges. Read more… |
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From Alphabet to Amazon, Tech Giants Aim to do More With Less Cost-cutting is now a constant across Big Tech. Read more… |
