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Highlights of the day: 8 July

April 21, 2024
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FinMeUp
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FinMeUp

FinMeUp Highlights of the day

 

FinMeUp Mentorship Month!

We want to provide our community with the opportunity to engage with our team. A financial coach in your pocket! Do you have a question that youd like to ask? Great! Well answer them all! linktr.ee/FinMeUpLinks

 

U.S

Elon Musk / Twitter

  • Elon Musks deal to acquire Twitter Is reportedly in serious jeopardy because Musk cant verify Twitters spam figures.

Twitter

  • Twitter have said that the number of spam bots on the platform is well below the 5% estimate.
  • The company said that they delete around 1 million spam bots per day.
  • Twitter has reportedly laid off 30% of its talent acquisition team.
  • The layoffs will affect fewer than 100 people.

Costco

  • Costco have reported their June sales of $22.78B up 20.4% YoY from $18.92B in June 2021.

Berkshire Hathaway

  • Warren Buffett's Berkshire Hathaway has just filed for its purchase of 12 million more shares of Occidental.

Volkswagen

  • Volkswagen has announced its plans to invest around $20 Billion to build its own electric vehicle batteries.

 

Biggest winners and losers

JSE 

  • Alphamin +8.98%
  • Naspers -6.02%

US

  • Moderna +2.23%
  • Paypal -3.86%

Crypto

  • Bitcoin +3.6%
  • Ethereum +0.4%
  • Solana -2.6%

 

 

 


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