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Teetering WeWork Takes on Meme-Stock Flavor as Stock Surges

(Bloomberg) -- In what has all the contours of a classic meme-stock rally, WeWork Inc. leaped by a record 43%, after earlier soaring as much as 153%, just days after the co-working space provider warned that it may have difficulty staying solvent.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadNaira Extends Drop From Record
New York United States Elena Popina Bailey Lipschultz Bloomberg Businessweek Steve Sosnick
Source: yahoo.com

Vietnam's Richest Man Poised to Briefly Triple Fortune on EV Bet

(Bloomberg) -- The fortune of Vietnam’s wealthiest man is poised to soar by as much as $11 billion, vaulting him to the upper ranks of the world’s richest people — for a while, at least.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘W...
Republic Of Han I North Carolina United States Bailey Lipschultz Pham Nhat Vuong
Source: yahoo.com

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Trump-Tied SPAC Misled Investors About Conflicts, SEC Alleges

(Bloomberg) -- Digital World Acquisition Corp., the blank-check firm seeking to take Donald Trump’s social media company public, misled investors, according to the US Securities and Exchange Commission.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIWhat a UPS Strike Would Mean For Consumers, Businesses and the EconomyBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesSelloffs, Inequality, Ch...
Bloomberg Businessweek Bailey Lipschultz Donald Trump Bloomberg Digital World Acquisition Corp Trump Media Technology Group Exchange Commission
Source: yahoo.com

Beauty Company Oddity Jumps in Debut After $424 Million IPO

(Bloomberg) -- Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Goin...
Twin Peaks New York United States Lindsay Drucker Mann L Catterton Michael Farello Thomas Tull
Source: yahoo.com

Nikola's Wild Week Sets Up EV Maker to Erase 75% Wipeout in 2023

(Bloomberg) -- Nikola Corp. has finally reignited some of the fervor of its once die hard day-trading fans.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%DeSantis Says No Thanks to $377 Million in US Energy FundsEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudBiden Administration to Forgive $39 Billion in Student DebtThe electric-vehicle maker is on track to gain close to 60% this week with the b...
Bailey Lipschultz Trevor Milton Bloomberg Businessweek Ihor Dusaniwsky Bloomberg Nikola Corp Nasdaq Inc
Source: yahoo.com

SoFi Eyes Record Run as Easing Student Loan Overhang Lifts Stock

(Bloomberg) -- SoFi Technologies Inc. advanced for a ninth straight day, as optimism over plans to restart student loan payments has yielded a record run of gains.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewNYC’s Rent Surge Defied by New Grads Pursuing a TikTok LifestyleKen Griffin Ramps Up Credit Bets, Anticipating US R...
Bailey Lipschultz Bloomberg Businessweek William Maloney Ihor Dusaniwsky Lance Jessurun Chamath Palihapitiya
Source: yahoo.com

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