Tech News Today for Financial Advisors: Amazon, Meta, and, of Course, Twitter

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The rebranding of Facebook to Meta continues with a new ticker taking effect on Thursday.


Photo Illustration by Staff; Bloomberg; Dreamstime

The wrenching volatility continues in the wild tech space. After a plunge in the

Invesco QQQ Trust

(QQQ) on Friday, there was a solid 2% gain in early trading Monday. But unfortunately, the gain has fizzled.

Nowadays the tech market seems more for quick-action traders. As for long-term investors, you really need a strong stomach.

OK then, what’s some of the news for financial advisors to key in on? Here’s a look:

Amazon Split: It’s been an uncharacteristically

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Elon Musk misconduct allegation from flight attendant accuser won’t stop Twitter deal, experts say

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A report that tech billionaire Elon Musk paid a private settlement following claims of sexual misconduct from a flight attendant who worked on a private jet in 2016 is unlikely to affect Musk’s deal to buy Twitter, experts in corporate acquisitions said Friday, after Musk’s critics called for him to face consequences. 

The news website Insider reported Thursday that SpaceX had paid a flight attendant $250,000 in severance after she claimed Musk sexually harassed her while she was working. The website, citing documents it says it obtained from a friend of the flight attendant, reported that the payout was contingent

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