Retail traders bought $3.2 billion in shares of individual stocks on a net basis earlier on Tuesday, the report said. Shares of Magnificent Seven members accounted for about 70% of this activity.
Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to move its incorporation from Delaware, The Wall Street Journal reported last week.
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.
Meta’s possible move to Texas echoes Elon Musk’s decision to reincorporate Tesla and SpaceX to the Lone Star state. Musk’s move to exit Delaware came after a court in the state ordered him to give up ...