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One of the best performing stocks on the market yesterday was Webull Corporation (Nasdaq: BULL), which saw its shares surge nearly 375% in a single trading session to end the day at $62.90. The stock price surge in BULL occurred on its second trading day after the stock-trading platform merged with a special purpose acquisition company (SPAC) to go public. But in premarket trading today, BULL shares are down a significant amountabout 15% as of the time of this writing. Heres what to know about the stock and what could be next for Webull shares. What is Webull? Webull Corporation is the owner of the Webull trading platform. The online platform allows users to buy and sell stocks, cryptocurrencies, and other financial assets. As CNBC notes, Webull was founded in 2016 by Wang Anquan, a former manager at Chinese tech giants Alibaba and Xiaomi. Its U.S. operations were established a year later, and those are headquartered in St. Petersburg, Florida. But while the U.S. trading platform launched in May 2018, the company didnt really start to gain traction until the COVID-19 pandemic in 2020 and 2021. During that period, many Americans turned to digital trading platforms to buy and sell stocks. Users can do so via the Webull app and website. In the company’s prospectus to the Securities and Exchange Commission (SEC), Webull Corporation said that its Webull app has been downloaded more than 50 million times and that it has 23.3 million registered users globally. It describes its customers as generally working professionals in their 30s with some prior experience in investing. Webulls primary competitors are other online trading platforms like Robinhood, E-trade, and Charles Schwab. What is a SPAC? Webull didnt go public via a standard initial public offering (IPO). Instead, the company used a vehicle known as a special purpose acquisition company, or SPAC, to go public. Where a traditional IPO sees shares in a company sold directly to the public, companies that go public via the SPAC model merge with an already publicly traded companythe SPACand thus become a publicly traded company themselves via the merger. SPACs were all the rage during the pandemic years, with major companies using them to go public, including transportation and food delivery company Grab and office space company WeWork. However, SPACs started to fall from favor as the pandemic years progressed, with some on Wall Street considering the vehicles a joke. To go public, Webull Corporation merged with a SPAC called SK Growth Opportunities Corp. last week. Webull shares surged yesterday, but are falling today Kicking off its first full week of trading yesterday, BULL shares surged on the Nasdaq. The company’s stock price jumped $49.65 per sharean increase of 374.72%. That share price surge saw Webulls market cap climb to over $29 billion. However, today, BULL shares are down significantly. The companys stock price is currently trading about 15% lower in premarket as of the time of this writing. Whats the reason for the steep fall? Nothing concrete, but its not uncommon for a stock that surged one dayespecially a newly public stockto see a bit of a pullback the next day. After surging nearly 375% yesterday, some investors may be deciding to sell some shares today to help lock in those gains. But it also should be noted that history hasnt been kind to many companies that have gone public via SPACs. SPAC minefield? Several notable companies that went public via SPAC mergers during the COVID-era boom have now gone bust. These include companies ranging from genomics firm 23andMe, EV car maker Nikola, and restaurant chain BurgerFiall of which have filed for bankruptcy. On a general leveland not specific to any one companySPACs tend to harbor more inherent risk, according to a 2024 report from the Michigan Journal of Economics. The report noted that SPACs, in general, may afford companies latitude in projections and reporting when compared to the more scrutinized IPO route. This latitude is one of the reasons SPACs have fallen out of favor in recent years, as investors have tended to shift away from riskier endeavors. As noted by CNBC, in the SPAC heyday of 2021, 613 companies went public via SPACs, but so far in 2025, just 23 have. Where does Webull go from here? Where Webull Corporation and its stock go from here is anyones guess. Its impossible to foresee the future of any individual company. Todays drop-off may not necessarily be a cause for concern considering how much the stock soared yesterday. In its prospectus, Webull noted that while its revenues were $389 million in 2022 and $390 million in 2023, they were only $305.6 million in 2023 and $282.5 million for the nine months in 2024. The company also noted that while it had a net income of $50.1 million in 2022 and $5.8 million in 2023, it had a net loss of $33.8 million for the first nine months of 2024 (compared to a net income of $19.4 million for the first nine months of 2023). However, Webull also believes that it is positioned to take advantage of generational opportunities that are arising in the United States. Global trading volume of the worlds top 30 stock exchanges has more than doubled since 2012, it points out. But that doubling has historically benefited institutional investors the most. Yet that may soon change. Webull notes that now retail investors, especially millennial and Gen-Z investors, represent a growing segment of the market and are set to benefit from income growth and generational wealth transfer in the coming years. The phenomenon that Webull is referring here to goes by the moniker the Great Wealth Transfera transfer of wealth from the baby boom generation to their offspring as boomers pass away. Americans in the baby boomer generation are expected to pass tens of trillion of dollars to their children over the next several decades, Webull notes in its prospectus. That wealth isnt expected to sit ideal, either. It is likely that many of its recipients will reinvest that wealthsomething that could create a lot of business for a company like Webull.
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E-Commerce
Youre already juggling competing deadlines, back-to-back meetings, and strategic priorities. Then the Slack message arrives: Hey, can you just take care of this? Its not in your job description. Its not aligned with your goals. And its not the first time. Whether its managing logistics, picking up someone elses project, or being asked to take notes againmany workers are routinely handed tasks that fall outside their role. Often, its framed as being a team player. But over time, these extra asks can add up to chronic overwork, blurred boundaries, and a stalled career trajectory. Handling these situations well isnt about being difficultits about being strategic. Heres how to respond in ways that are clear, confident, and aligned with your long-term goals. 1. Clarify the requestand its relevance Before you respond, take a moment to understand the ask. Whats really being requested? Who should be doing it? And why is it coming to you? This is especially important for tasks that seem quick but arent strategiclike organizing team events, taking meeting minutes, or picking up admin no one else wants. These are often invisible labor tasks that disproportionately fall on women and people of color, particularly in hybrid and virtual environments. What to say: Happy to supportcan you help me understand how this fits within my priorities or where it came from? Or: Is this something our [ops/admin/project] team would usually handle? Asking these questions reframes the conversation and makes the invisible visiblewithout defensiveness. 2. Pause before responding You dont have to answer immediately. One of the biggest reasons we say yes to things we dont want (or need) to do is because were caught off guard. Were conditioned to be agreeable and responsive. But taking a beat creates space between the request and your response. That pause can be powerful. It allows you to assess: Do I have the capacity? Is this aligned with my role and goals? Whats the real cost of saying yes? What to say: Thanks for thinking of mecan I come back to you on this once Ive reviewed my priorities for the week? This puts you back in control and gives you room to respond with intention rather than obligation. 3. Dont confuse being helpful with being responsible Theres a big difference between offering support as a leader and being expected to clean up someone elses mess. Many high-performing workers default to Ill just do it because it feels faster or more efficient in the moment. But over time, it leads to scope creep, burnout, and resentment. Tasks like organizing team birthdays, onboarding new hires without a handover, or smoothing out interpersonal dynamics often land on womennot because theyre in your job description, but because youre seen as the reliable one. What to do: Ask yourself: Is this a one-off favor or an ongoing expectation? Track how often it happensand the impact on your core responsibilities. Notice if its being evenly distributed across the teamor falling on you by default. Being helpful is a strength. But when its at the expense of your boundaries, clarity, or energy, its time to draw a line. 4. Practice saying nowithout guilt Saying no can feel uncomfortable, especially when you want to be seen as collaborative and competent. But no doesnt have to be harsh. It can be thoughtful, respectful, and still assert your priorities. What to say: Im currently at capacity with my core responsibilities and cant take this on right now. Thats outside my scope, and I want to make sure Im focused on where I can add the most value. Im not the best person for this, but happy to suggest someone who might be. The key is to remove apology from your tone. Youre not being difficultyoure being discerning. And thats what leadership requires. 5. Raise the bigger conversation when needed If youre regularly being asked to do tasks outside your roleor expected to manage things that arent aligned with your positionits time to step back and zoom out. This isnt just about one request. Its about your scope, your role clarity, and the culture youre operating in. Use your next check-in or performance review to re-align. Be honest about what youve taken on, how its impacted your work, and what needs to shift. What to say: Ive noticed Im consistently being asked to take on tasks that sit outside my formal role. I want to make sure Im being as impactful as possible in my core responsibilitiescan we talk about boundaries, priorities, and how to structure my work accordingly? This kind of conversation not only protects your timeit models leadership for others who might also be navigating blurred lines. The bottom line: Just because you can do something doesnt mean you should. Your energy, time, and talent are preciousand finite. Protecting your scope isnt selfish. Its strategic. Its how you stay focused on the work that matters, create sustainable success, and lead with clarity and confidence.
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E-Commerce
Elon Musk is a visionary genius to some, unpredictable and dangerous to others. Love him or loathe him, Musks personality looms as large as his net worth. This is consistent with decades of scientific research highlighting a strong connection between personality and entrepreneurial talent. There is a range of character traits and dispositions that make entrepreneurs different from others, especially when they succeed in their ventures. Psychologists often describe personality in terms of the Big Five traits (Openness, Conscientiousness, Extraversion, Agreeableness, Neuroticism) and also warn about the Dark Triad of darker traits (Narcissism, Machiavellianism, Psychopathy). Musk, unsurprisingly, scores off the charts in some areas and off the rails in others. Hes the poster child for innovative vision (high Openness) and relentless drive (high Achievement Motivation, which is a facet of Conscientiousness). But hes also known for a combative, my-way-or-the-highway streak, suggesting rock-bottom Agreeableness and a solid dose of Narcissism. The latter is particularly noticeable in his reactions to criticism and negative feedback, which are typically unempathetic escalations intended to belittle and denigrate his critics. The Elon Musk Personality Checklist Below is a simple checklist to compare your personality against Elon Musks. Tally your Musk-score, and see where you standbrilliance, flaws and all. Scoring high might be both a compliment and a warning, in the sense of predisposing you to both entrepreneurship and being dispositionally unemployable, as he is. Unbridled Imagination (High Openness to Experience) Do you constantly churn out big, crazy-sounding ideas that just might change the world? Musks visionary imagination is arguably his greatest strength. He dreams up electric cars, reusable rockets, hyperloops, AI interfacesyou name it. High Openness means loving novelty, innovation, and big-picture thinking. Musk exemplifies this trait: Hes curious, inventive, and not afraid to venture into the unknown.If youre the type who has 10 new ideas before breakfast and gets bored with routine, check this box. It means you share Musks creative spirita key ingredient in entrepreneurial success. Just remember: Wild ideas are great, but execution matters most. Musks Openness works because he pairs it with intense drive, including an obsession for building and inspiring high-performing teams: Behind each of his ideas there is a leadership team pushing for successful implementation and execution. Obsessive Drive (High Conscientiousness and Ambition) Are you relentlessly hard-working, perhaps to the point of being an incurable workaholic, and someone who is perfectly comfortable with the notion of burnout or death-by-overwork? Do you set outrageous goals and refuse to quit until theyre achieved? Musks ambition and work ethic are the stuff of legend. He reportedly works 80 to 100-hour weeks, fueled by a mission.High Conscientiousnessespecially the facets of industriousness, achievement striving, and gritis a hallmark of many successful entrepreneurs. If you find yourself emailing the team at 2 a.m. and optimizing your schedule for maximum productivity, this is you. Flattering implication: You have the stamina and determination to achieve big things. Concerning implication: Work-life balance? Whats that? Remember that burnout is realeven Musk has described running a startup as chewing glass and staring into the abyss. Not something most people want to put up with, especially when they have the skills and talents to be employed by organizations that promote work-life balance. Fearless Risk-Taking (Boldness vs. Neuroticism)Do you embrace risk and chaos while others run for cover? Elon Musk famously thrives on tackling high-risk, high-reward challenges. Hell pour his last dollar into a venture (he nearly went broke keeping SpaceX and Tesla alive in 2008) and boldly go where no CEO has gone before. This hints at a personality low in anxietyMusk seems unusually calm under extreme pressure (low Neuroticism) and even finds thrill in it.That fearless attitude is a double-edged sword. If you stay cool in crises and take big swings, you share Musks bold resilience. But be careful: Low Neuroticism can veer into impulsivity or reckless optimisma trait related to the psychopathic side of the Dark Triad. In fact, research finds over 1 in 10 corporate leaders show psychopathic traits (like fearlessness and thrill-seeking), far higher than in the general population. It can lead to innovationor disaster. Ask yourself: Are you being brave, or just reckless? Charismatic Communication (High Assertiveness, Mixed Extraversion, and Attention Seeking)Are you able to rally others to your vision, or at least talk a big game? Musk is an interesting case: By many accounts hes socially awkward and introverted (preferring engineering to small talk), yet hes also a bold public figure when needed. Hell take the stage to unveil new tech, charm audiences on podcasts, and wage war on X daily. This suggests Musk is high in the assertiveness and attention-seeking facets of Extraversion (he will make himself heard) even if he isnt a classic people-person.If youre someone who doesnt shy from the spotlight when its time to promote your ideasor you find yourself dominating discussions because you believe youre rightcheck this trait. Flattering side: You can inspire others and hold court confidently. Caution: You might also steamroll others in conversation. Musks Twitter proclamations, for example, often show zero regard for social niceties. Speaking of which . . . My Way or the Highway (Low Agreeableness) Do people ever tell you that youre, well, a bit harsh or insensitive? Do you find empathy and politeness overrated when it comes to getting things done? If so, you might share Musks notorious low Agreeableness. Musk is highly competitive, blunt, and sometimes abrasivetraits common in many high achievers. He has been known to fire employees (or cut off friends) who dont meet his standards, and hes not exactly the poster boy for tactful communication.Low Agreeableness can manifest as tough-minded leadership: You make hard decisions without losing sleep, and you wont win any Most Pleasant Boss awards. You are so focused on getting ahead that you disregard the importance of getting along. If you checked this, you likely share Musks take-no-prisoners style. Upside: You wont let personal feelings interfere with objective decisionsuseful when tough calls are needed. Downside: You risk alienating others. Musks own successes often come despite his brusque demeanor, not because of it. Teams put up with tough leaders only if they truly deliver a great vision. Tread carefully: A little compassion goes a long way, even for a would-be world changer.Sky-High Self-Confidence (High Narcissism) Do you secretly (or openly) believe youre destined for greatness? Perhaps youre convinced you have the answers when everyone else is wrong. So do most narcissists, and Elon Musks self-confidence borders on classic narcissisma belief in his own exceptionalism. To his credit, at least in his case, there is a clear argument for exceptionalism, but lets not forget that most cases of sky-rocketing comptence are more likely to signal delusional overconfidence and incompetence than brilliant or exceptional talents.He doesnt just dream big; he believes deeply in his ability to bend reality to his will. Indeed, psychologists warn that narcissism is a double-edged sword. Yes, it often helps people emerge as leaders (were oddly drawn to confident, charismatic personalities), but narcissistic leaders tend to underperform in the long run. So if you tick this trait, keep your ego in check. As it turns out, self-belief can be useful for impressing others but self-knowledge is generally more important to improve your actual performance. Master Strategist or Manipulator? (Machiavellianism) Do you consider yourself shrewd and strategic, willing to do whatever it takes to achieve your goals? Machiavellianism is the art of being a mastermindfocused on self-interest, sometimes at the expense of others. Elon Musk certainly plays high-stakes chess in business. He outmaneuvers competitors, leverages tweets to sway markets, and isnt above a bit of showmanship or cunning negotiation. For example, his on-again/off-again antics with the Twitter acquisition (now X) showed a flair for strategic posturing.If youre checking this, you might share Musks ends-justify-the-means mindset. Positive spin: You excel at big-picture strategy and dont get bogged down by sentiment when making decisions. Negative spin: You might veer into manipulative or unethical territory if youre not careful. High Machiavellianism can erode trust and morale on your teamno one likes feeling like a pawn. Musks own machinations have earned him as many detractors as admirers. Use your strategic smarts for good, and pair them with a moral compass. As the saying (almost) goes: With great power, comes great responsibilitynot just great manipulation. Count up your checkshow many Musk-like traits did you tally? Elon Musks personality is a study in contrastsbrilliantly innovative yet deeply controversial. If our checklist shows you share some traits with him, theres both cause for excitement and caution. Emulate Musks best qualities: his boundless curiosity, tireless work ethic, and courage to defy the odds. But learn from the darker side of Muskiness too: temper your ego, practice empathy, and remember that being a successful leader is not just about being the smartest person in the roomits about bringing out the best in others while chasing audacious goals. Importantly, even if Musk manages to mitigate the negative impact of his dark side on success, it is important to avoid getting carried away with generalizations that are based on extrapolating from a single individual to the overall population, not least when we have thousands of studies and decades of research suggesting the opposite: namely, more often than not, paying attention to other peoples feelings, caring about them and displaying empathy, and managing your dark side to the point of controlling your antisocial outbursts and making an effort to portray a positive image and prosocial reputation, will more likely help you to advance your career and increase your success levels. If you dont believe this, then youd better have the brilliance of Musk so that you dont need to rely on being employed by othersfor with his personality, you would not last more than one day.
Category:
E-Commerce
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