Derek Saul

Trump Org Announces ‘Trump Mobile’ Cell Phone Service—Latest Bid To Cash In On Presidency The service said its monthly plan will start at $47.45 per month, a nod to Trump’s standing as the 45th and 47th U.S. president.

📱💰 "Trump Mobile’ Cell Phone Service Announced In Latest Presidency Monetization Push"

@dereksaul2.bsky.social for @forbes.com

Stocks Slide Again. The Dow Is Down More Than 7,000 Points From Peak. Tuesday morning's tariff recovery appeared to be little more than a dead cat bounce, as the Dow fell nearly 2,000 points from its morning high.

Another grim day on the markets while businesses fret about the tariff impacts from @dereksaul2.bsky.social @forbes.com s www.forbes.com/sites/dereks...

Tesla Stock Slumps Again As Another Firm Warns Of Elon Musk-Led Firm’s ‘Sales Woes' Even as the broader market recovered further Monday, Tesla stock was in the red.

"Tesla Stock Slumps Again As Another Firm Warns Of Elon Musk-Led Firm’s ‘Sales Woes'"

@dereksaul2.bsky.social for @forbes.com

Tesla Stock Slumps Again As Another Firm Warns Of Elon Musk-Led Firm’s ‘Sales Woes' Even as the broader market recovered further Monday, Tesla stock was in the red.

Another down day so far for Tesla stock, as another analyst predicts a drop in Tesla vehicle sales, per @forbes.com @dereksaul2.bsky.social www.forbes.com/sites/dereks...

Trump’s Crypto Reserve Hit With Unexpected Backlash From Billionaire Allies Trump’s plans for a crypto reserve including bitcoin and XRP drew skepticism from the likes of Coinbase’s billionaire CEO Brian Armstrong and Palantir cofounder Joe Lonsdale, as a crypto rally began f...

Trump's new crypto reserve proposal got panned by several prominent pro-crypto entrepreneurs and billionaires. details here from @forbes.com @dereksaul2.bsky.social www.forbes.com/sites/dereks...

DOGE Layoffs Pose ‘Growing’ Risk To U.S. Economy And Markets, Says Apollo Economist DOGE job cuts could number one million, according to Torsten Slok, chief economist at Apollo Global Management.

DOGE repercussions predicted by prominent economist here, from @dereksaul2.bsky.social : www.forbes.com/sites/dereks...

These Presidents—Including Trump—Added The Most Federal Workers Since World War II, only one president significantly shrunk the federal workforce during stable times. He sounded a little like Trump—but he was a Democrat.

Since World War II, only one president significantly shrunk the federal workforce during stable times. He sounded a little like Trump—but he was a Democrat. From @forbes.com @dereksaul2.bsky.social - a fascinating look at federal government workforce numbers www.forbes.com/sites/dereks...

Elon Musk’s Shaky Public Perception Poses Tesla Sales Obstacle, Analyst Says Stifel analysts lowered their price target for Tesla stock in response to “the negative downturn in consumers' perception of Elon Musk,” whose role with DOGE has riled some.

While Elon Musk unleashes chaos in Washington, Tesla shareholders have knocked down the company's share price, and sales of the cars in Europe have fallen. More from @forbes.com @dereksaul2.bsky.social www.forbes.com/sites/dereks...

Elon Musk Is The Biggest Loser From Trump’s Tariffs So Far Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.

Nobody got hit harder on a gross basis than Elon Musk by the tariff stock market reshuffling. “Things that inhibit freedom of exchange or distort the market are not good,” Musk said in May about tariffs www.forbes.com/sites/dereks...

Elon Musk Is The Biggest Loser From Trump’s Tariffs So Far Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.

Elon Musk has been uncharacteristically quiet on his X social media platform regarding tariffs, yet per @forbes.com @dereksaul2.bsky.social Musk has lost more than anyone so far because of tariff news www.forbes.com/sites/dereks...

Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates Tesla's full-year profits were down 40% in 2024 from 2022's record.

Tesla's profits fell significantly in 2024, and revenues missed analyst estimates per @forbes.com @dereksaul2.bsky.social www.forbes.com/sites/dereks...

These Billionaires Lost The Most In DeepSeek Stock Rout—Led By Nvidia’s Huang’s Near $20 Billion Investors soured on some tech stocks like Oracle and Nvidia as China’s DeepSeek sparked questions about the massive AI spending bolstering America’s biggest companies moving forward.

Bad day for the stock market--especially tech stocks. @forbes.com @dereksaul2.bsky.social took a look at the #billionaires whose fortunes have been whacked the most www.forbes.com/sites/dereks...