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Tesla seems to have new rivals entering the electric vehicle market and long-time competitors rolling out new models regularly as they seek to take a bite out of the Austin, Texas, EV maker's industry leading hold on the market. Whether its Hyundai , Volkswagen , General Motors , Ford , BMW or a number of other nameplates, Tesla manages to remain hundreds of thousands of EV deliveries ahead of major automakers. Stellantis , the successor to Big Three automaker Chrysler, is trying to stay in the hunt as it is ramping up its efforts to compete in the electric vehicle market worldwide...
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It became more competitive in a crucial overseas market, after all...
Continue ReadingIn the most recent trading session, Amazon (AMZN) closed at $147.42, indicating a -0.95% shift from the previous trading day...
Continue ReadingSmall caps and midcaps jumped to 2023 highs while tech giants limited gains on the major indexes. Tesla flashed a buy signal...
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American e-commerce site and craft marketplace Etsy (ETSY) plans to lay off 11% of its staff as part of a new cost-saving restructuring. BTIG Director Marvin Fong calls this a right-sizing move to offset the rapid hiring Etsy employed during the COVID-19 pandemic. "So they had a lot of growth, but all of that was... concentrated in 2020 and 2021, and 2022 and 2023 have really been... digestion years," Fong says to Yahoo Finance on Etsy's growth. "They pulled forward so much demand that they have been finding it hard. And the other thing, I think, is that Etsy is your classic, very discretionary purchase. They're not selling things like Amazon." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingSteve Ballmer helped create modern-day Microsoft through unrivaled passion. Here's his best advice to the next generation of leaders in corporate America...
Continue ReadingAmazon is off the hook for about $270 million in taxes to the EU after the Court of Justice ruled in its favor, a setback for the European Commission's crackdown on internal tax havens...
Continue ReadingIn this article, we will take a look at the 15 most expensive smartphones on the market. If you want to skip our detailed analysis, you can go directly to 5 Most Expensive Smartphones On The Market. The Smartphone Market: At a Glance According to a report by Reuters, the global smartphone market has shown […]...
Continue ReadingAT&T will buy electric vehicles from Rivian as the telecom giant targets becoming carbon neutral by 2035...
Continue ReadingAmazon, Target and more will stop selling water beads marketed to kids due to rising safety concerns
Three major retailers — Amazon, Target and Walmart — say they're suspending sales of water-bead products marketed to young children due to growing safety concerns. Water beads are small, colorful balls made of superabsorbent polymers. “When (water beads) absorb water, they can swell to many times their size,” said Dr. Joshua King, medical director of the Maryland Poison Center...
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