As shares of Snap plunged 40% Tuesday, dragging down all social media stocks, twitter dropped 3%, changing hands at $36.72 each. That would mark its market value at roughly $28…

According to the latest 13F filing from Soros Fund Management, George Soros’ fund sold 3,680 shares of Amazon (AMZN) in Q1 of 2022, reducing his stake by 5%. The fund…

Airbnb is closing out all of its listings in China. It will maintain an office in the country to facilitate listings in other countries, but all residences it has listed…

Shares of Zoom surged 18% after its earnings report showed it beating analyst’s expectations. Full year adjusted earnings per share were revised to between $3.70 and $3.77 from $3.45 to…

Snap stock fell more than 30%, after the company reported missing quarterly estimates because the economy has “deteriorated further and faster than anticipated.” The company estimated in April it expected…

Several Twitter executives are leaving as the company’ turmoil only increases: Three senior executives at the company, including two vice presidents, left Twitter this week. Last week, CEO Parag Agrawal…

He feels they have farther to go: Famed investor Jeremy Grantham said that he expects the S&P 500 (SP500) and the Nasdaq (COMP.IND) to fall about double from recent levels.…

Elon applies force to his bid: In the midst of his deal to acquire Twitter, Elon Musk has called on the U.S. Securities and Exchange Commission to look into the…

One analyst marvels at how bad it is, as he assumes it will get worse: “Right now we are seeing [tech] stocks trade at single-digit multiples on EBITDA and low…