(Bloomberg) -- Asian shares declined on Friday, as optimism over China rescue measures fades and investors parse weak results from Intel Corp. Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS Extends Lead Over China in Race for World’s Biggest EconomyUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearShares in mainland China and Hong Kong dropped after the biggest three-day rally in H...
Continue ReadingBig Tech's multi-billion dollar partnerships with OpenAI and Anthropic are in the regulatory spotlight. And the stakes on all sides have never been higher...
Continue Reading(Bloomberg) -- Nintendo Co. will launch a new game console this year with an 8-inch LCD screen, according to Omdia analyst Hiroshi Hayase.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS Extends Lead Over China in Race for World’s Biggest EconomyUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearThe new device from the Kyoto-based games maker will be responsible for a doubling in ship...
Continue ReadingTSLT ETF suffers from volatility and tracking error over time, causing it to underperform its theoretical returns. Click here to read more...
Continue ReadingStocks rose Wednesday, but there are reasons to be wary. Tesla plunged on slowing growth. Intel tumbled late...
Continue ReadingShares in Tesla plunged as much as 11% after the market opened Thursday, wiping $71 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals...
Continue ReadingSouth Korean battery maker LG Energy Solution (LGES) on Friday predicted slowing growth in the global electric vehicle (EV) market this year, signalling further challenges ahead amid intensifying competition from Chinese rivals. The supplier of Tesla, General Motors, Volkswagen and other automakers reported operating profit of 338 billion won ($252 million) for the October-December period, up from 237 billion won a year earlier. "A temporary slowdown of global EV battery demand growth is expected due to original equipment manufacturers' (OEMs')conservative inventory control along with continued metal price decline," LGES said in a statement...
Continue Reading(Bloomberg) -- Microsoft Corp. said it has begun warning organizations that they were targets of the same Russian-sponsored group that hacked into its executives’ emails late last year. Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS Extends Lead Over China in Race for World’s Biggest EconomyUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearThe hackers — a group known as Midnight Bl...
Continue ReadingCathie Wood has an investing strategy. So it's no surprise that as Tesla suffered its worst percentage loss in just over a year, Wood's Ark Invest bought up TSLA stock. Ark Invest's Ark Innovation ETF bought 148,246 Tesla shares on Thursday, while Ark Next Generation Internet ETF added 29,624 shares...
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