You Wanna Break Up With Me? We Gon’ Make You Pay!!!
Are you willing to pay to use Twitter? In other news, GE is splitting, Elon is taking us for a ride, and we had the year's biggest IPO!
Hi 👋,
How was your week?! All well in your haven? Edges laid? Skin popping? Drinking your water? Crushing your goals?
Don’t worry, detty December is right around the corner!!!! It’s finna be LITTTT, just like your trove portfolio! Show me some love on Twitter, if you wanna speak this into manifestation, use hashtag #DettyDecemberWithTrove
You know how we do! Let’s get it!
It’s Break-Up Season!!!
Nah! I know what you’re thinking about, it’s not me. I stay enjoying myself but General Electric? I ain’t sure. GE and Toshiba have decided to break down their Conglomerate into smaller businesses. Na so we see am o! General Electric’s CEO announced that the company is splitting into three smaller companies with a focus on healthcare, aviation, and energy. You can indeed call this the end of an era.
Thinking about it, this company actually started in 1892, like 1892😨😨😨..thats how many years ago🤔🤔🤔 omo e choke!
Excerpt from the company: “By creating three industry-leading, global public companies, each can benefit from greater focus, tailored capital allocation, and strategic flexibility to drive long-term growth and value for customers, investors, and employees.” I guess, it's a see ya!!?
Break up season is hardly just one couple calling it quits.. GE’s brother from Japan is also following suit. Toshiba, Japan’s most famous conglomerate, is also considering a plan to split into three separate companies.
Fingers crossed though, cos what’s going on with these guys? First it was Meta… ugh
...And You Might Have To Begin Paying… For Twitter!
Can you believe our dear twitter is still free? Maybe not for long!
The era of monetization is upon us! Twitter announced it’ll roll out a subscription product to lure super users (cough cough.. Tag appropriate handles here) into paying for features like an undo button, a news-aggregating “Top Stories” feature, and ad-free articles that will send a portion of revenue back to publishers. Twitter Blue is the name of this product. I mean, I can see how an undo button would really catch fire.
@Tomifromtrove tweets: Omo see cruiseeeee. My friends are chilling in Dubai, & I’m here, chilling on a bike... Sapa Nice One
(Sharply undo undo undo) 🌝🌝🌝
After first gathering feedback in Australia and Canada, users in the United States and New Zealand can now subscribe to Twitter Blue for $2.99/month. There’s no annual option yet, and Twitter doesn’t have a timeline for when this option gon hit the rest of us.. I guess, we wait. Twitter senior product director Sara Beykpour said that the people who opted for Twitter Blue are any of the below:
Super tweeters: People who tweet a lot and/or spend a lot of time on the site
Verified Twitter users: especially those with large followings
News lovers: People who can’t get enough of reading and keeping up with the news
So this “undo” button gives Twitter Blue subscribers 60 seconds to edit their tweet before it goes live. Think “Undo Send” in Gmail [But… I ain’t never used that feature before though🌚🌚]
Twitter Blue also offers more customization, such as the ability to “pin” a conversation at the top of your DM box, and a “Reader” view that streamlines threads.
Well. I guess? #Shruggs ...but we ain’t pressed though lol
Nobody:
Me, on Twitter Blue:
The King of Cruise👑👑
Seriously, tell me, does anyone enjoy attention and cruise on social media more than our very own Elon of Tesla. Baba na major Cruise Lord!!🦹♂️🦹♂️
Elon took to Twitter to raise a poll about selling some of his Tesla shares, and he took action almost immediately after the poll ended with a positive Yes. Filings showed Musk's trust sold nearly 3.6 million shares of Tesla, worth around $4 billion, while he also sold another 934,000 shares for $1.1 billion to cover tax obligations after exercising options to acquire nearly 2.2 million shares.
Elon is simply the best when it comes down to PR for this company. His decision to sample his follower’s decisions helped investors remain positive about the brand.
Before the sale, Musk owned a 23% stake in Tesla, including stock options.
Must. Be. Nice.
No na, I’m not hating.
Ok, Only Small.
Elon Be Like:
IPO of the Year
Ladies and gentlemen, it is the year of EVs, but I’m sure you already knew that.
I know it seems like we’re always talking about Electric vehicle companies but we can’t help it🤷♀️
EVs have emerged as some of the hottest investments this year. No be say, them say!
On Wednesday, Rivian Automotive Inc.(RIVN) made its NASDAQ debut. On that same day, the shares experienced an almost 30% increase closing at $100.73. This gave the EV maker a $100 billion dollar valuation making it the world’s largest IPO this year.
Mehn ZAMNNNN!!!!
One day in the game and boy are they killing it!
Just ripping it!
Rivian is currently the second most valuable US automaker (after our biggest boss, TESLA, OBVIOUSLY) and they're backed by E-commerce giant, Amazon. [Amazon be errwhere, bruh!!] Although Rivian are relatively new in the business, they are valued much higher than the auto industry leaders like General Motors and Ford… (reward for progressive technology? boya) Rivian’s IPO came up after the United Nation’s Climate Summit where automakers, airlines and governments pledged to cut down GHG emissions in global transport
(....and Nigeria has left the group chat👀)
In terms of their future plans, they revealed plans to boost production to at least a million vehicles per year at the end of the decade.
Come on Rivian! You’ve got ~8 more years, LET’S GO!!!
Forget not this ministry of yours: You’ve got 5 FREE SHARES WAITING FOR YOU if you tell a friend to tell a friend to:
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Your dearest and favourite Stocks Market Gist Partner,
Tomi, From Trove 🖤
Always Love,
XOXO