(Bloomberg) -- Omead Afshar, a powerful executive at Tesla Inc. and one of Elon Musk’s closest confidants, has left the company, according to people familiar with the matter, the latest high-level departure during a volatile period for the electric vehicle maker.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresUS Renters Face Storm of Rising CostsSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedMapping the Architectural History of New Yo...
Continue ReadingOne of Elon Musk’s closest allies at Tesla has left the company amid a deepening crisis at the electric carmaker...
Continue ReadingThe company, which claims to have sold 4.27 million cars in 2024, predominantly in China, has targeted a near-30% rise in sales to 5.5 million in 2025...
Continue ReadingJohn Hyland outlines some of the top stories on the trading day on this rendition of Yahoo Finance's Market Minute. Micron (MU) shares fall despite reporting earnings results that beat estimates. Tesla (TSLA) executive Omead Afshar has left the company, according to Bloomberg, with Forbes reporting Afshar was fired. Novo Nordisk (NVO) announces a weight loss drug partnership with Weight Watchers, just after the pharma giant cut ties with Hims & Hers (HIMS). Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...
Continue ReadingShares of the unassuming Build-A-Bear Workshop have soared more than 2,200% in the past five years, nearly six times the performance of Tesla, 10 times Meta Platforms and even beating Nvidia's 1,606% increase. At long last, Build-A-Bear is the IBD Stock of the Day. While Nvidia, Meta and other stock market winners spend billions developing software and hardware, the secret to Build-A-Bear's success is a mix of fabric and stuffing...
Continue ReadingOmead Afshar, one of Musk's top lieutenants, is out after more than seven years at the company. He was elevated to a VP role in late 2024...
Continue ReadingA Tesla executive and key confidant to CEO Elon Musk, Omead Afshar, has left the company, according to people familiar with the matter. This latest high-level departure comes during a volatile period for the electric vehicle maker. Ed Ludlow and Caroline Hyde discuss this latest development on "Bloomberg Tech."...
Continue ReadingSAN FRANSCISCO, June 26, 2025--Flutterwave, Africa’s leading payment technology company, has been named among the TIME100 Most Influential Companies List of 2025. This marks the second time the company has received this prestigious global honor. Flutterwave joins global leaders such as Amazon, Berkshire Hathaway, Netflix, OpenAI, Universal Music Group, and others in the list’s TITANS category...
Continue ReadingBrad Smith outlines some of the top stories on Wall Street in just 60 seconds as part of today's Market Minute. Micron (MU) stock slides, erasing initial gains following the company's earnings results that beat expectations. Meta (META) is reportedly poaching top artificial intelligence (AI) talent from the likes of OpenAI (OPAI.PVT) and Alphabet (GOOG, GOOGL), according to reports from The Wall Street Journal. Novo Nordisk (NVO) announces a weight loss drug partnership with Weight Watchers, just after the pharma giant cut ties with Hims & Hers (HIMS). Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...
Continue ReadingNew Street analyst Pierre Ferragu is optimistic the hundreds of billions spent annually by large technologies companies for artificial-intelligence infrastructure will pay off for the industry. The analyst estimates the top four major data center technology companies— Alphabet Amazon.com Meta Platforms and Microsoft —will grow total capital expenditures to $1.7 trillion by 2035 from $253 billion last year. Ferragu expects similar results for AI infrastructure...
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