The billionaire and Amazon founder revealed some of his thoughts about fellow tech billionaire Elon Musk...
Continue ReadingA balanced investment portfolio strategy invests half in established stocks, half in developing companies, but there is no guarantee of Beta or Alpha. Read more...
Continue Reading(Bloomberg) -- A San Francisco federal judge signaled that Elon Musk should testify about his purchase of Twitter Inc. stock ahead of his $44 billion buyout of the company last year as part of an investigation by the US Securities and Exchange Commission.Most Read from BloombergRange Rovers Become Thief-Magnets, Causing Prices to TumbleWall Street Traders Go All-In on Great Monetary Pivot of 2024US Approves New Kind of Nuclear Reactor for First Time in 50 YearsOwner of the Philippines’ Largest M...
Continue ReadingA federal judge on Thursday tentatively ruled that Elon Musk must testify again for the U.S. Securities and Exchange Commission's probe of his $44 billion Twitter takeover, handing the SEC a victory in its latest skirmish with the world's richest person. During a hearing in San Francisco, U.S. Magistrate Judge Laurel Beeler quickly rejected arguments by Musk's attorney that SEC officials do not have the authority to issue subpoenas, saying the agency has broad investigative powers and that no judge would "second guess" an SEC probe. Beeler told the sides to figure out when Musk would sit for one more four-hour deposition, or she would issue an order...
Continue ReadingCrystal ball or rearview mirror? Which will best handle Magnificent Seven stocks like Nvidia, Tesla, Microsoft and Amazon in 2024?...
Continue ReadingRivian Automotive Inc (NASDAQ: RIVN) commited to deliver 100,000 electric vans to the e-commerce titan Amazon.com Inc (NASDAQ: AMZN). But as of November, Rivian and Amazon are no longer in an exclusive relationship, allowing Rivian to sell its electric fleet to others. Today, Rivian revealed its first deal after getting out of the exclusivity clause with Amazon, and it is with AT&T Inc (NYSE: T). But, what is good for Rivian is also good for Amazon as besides being a client, it is also an owner...
Continue ReadingFord announced it is significantly decreasing the supply of electric trucks in 2024...
Continue ReadingThe Tesla Model S is a strong economic choice for today's consumers, but the price and cache demand a second look at the costs and benefits of owning...
Continue ReadingIn this article, we will take a detailed look at the 11 Best Robinhood Stocks According to Billionaires. For a quick overview of such stocks, read our article 5 Best Robinhood Stocks According to Billionaires. Investors spent more of 2023 on their toes because of incessant rate hikes and uncertainty about the Federal Reserve’s future moves. But that sentiment […]...
Continue ReadingInvestors using traditional valuation metrics to value Tesla are missing the point. As the automotive landscape continues to evolve toward electric vehicles, Tesla's innovative approach and global expansion make it a must-own...
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