Recently, the Chief Executive Officer of Tesla and SpaceX, Elon Musk, received a class-action lawsuit regarding his role in promoting Dogecoin on social media. The main plaintiff, Keith Johnson filed the lawsuit, alleging that Musk manipulated the coin's value and designed a pyramid scheme for personal gain. Due to the serious allegations against Musk, he is being sued for $258 billion.
by Matin VarshochiOn June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.
by Matin VarshochiEstate planning is not just for the ultra-rich. Everyone already has an estate plan, whether you've chosen one or not, so why not make your own? Find out how.
by Shaun MorganOn June 10, 2022, Tesla announced their board of directors had accepted a proposal for a three-to-one stock split. If the majority of the shareholders vote in favor of the stock split, it will then be initiated and executed.
by Matin VarshochiMemorial Day is a day observed in remembrance of the many brave men and women who made sacrifices to fight for our freedom as Americans. It is also a day that many families spend together making new memories while taking much-needed time off from work.
by Sha'Kreshia Terrellfter a couple of weeks of going back and forth, Twitter's board of directors has decided to accept Elon Musk's deal to buy Twitter. So on April 25, 2022, Musk's offer to acquire Twitter for $54.20 a share, or roughly $44 billion, was accepted.
by Sheena AllenIn an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.
by Sheena AllenElon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.
by Sheena AllenAs electric vehicles have been proven to possess many benefits, such as a lower average cost, it is essential to analyze the costs associated with both types of cars, to determine which one is ultimately better.
by Sheena AllenCapWay is celebrating women across the nation who are dominating in the finance space. CapWay's article series, Women's History Month: Finance Edition, will highlight five amazing women striving to empower other women in and beyond the finance space.
by Nailah HerbertA Uniform Gifts to Minors Act (UGMA) is an investment account for minors, allowing adults to give or transfer assets into the underage person’s account to help them save for college or be financially independent.
by Matin Varshochi