Wall Street steadies after worst tumble in months
Stocks slip to modest losses as steadying yields calm markets following a sharp downturn. The S&P 500 dips 0.2 percent to 4128.73, Dow falls 0.5 percent to 32909.59, Nasdaq down marginally to 12381.30, Russell 2000 up 0.2. Fed rate path and Powell speech in Jackson Hole loom. Health care declines offset energy gains.
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Tesla stock split to lure new investors despite price drop
Tesla will split its stock 3 for 1 after Aug 17, making shares cheaper but not changing value. The move mirrors actions by Amazon and Alphabet, aiming to widen retail access while Musk remains a high-profile driver of the company's fortunes.
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Whistleblower accuses Twitter of security negligence
Former Twitter head of security Peiter Zatko alleges the firm misled regulators about weak cybersecurity and fake accounts, risking legal and financial fallout as regulators weigh actions. He says Twitter violated an FTC settlement, faced leadership clashes, and a culture of inattention from top executives.
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