Elon Musk To Be Summoned By UK Parliament Over Role of Social Media Platform X
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 09 2024
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Source: Benzinga
UK Parliament's Interest in Elon Musk: The UK parliament plans to summon Elon Musk to provide evidence regarding the operation of his social media platform, X, particularly focusing on algorithm usage and content moderation related to hate speech and misinformation.
Concerns Over X's Impact on National Security: British officials have faced challenges with X in removing posts that threaten national security, while Musk's controversial statements during civil unrest in the UK have raised further scrutiny.
Analyst Views on NITE
Wall Street analysts forecast NITE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NITE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.632
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Current: 37.632
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
