A Philadelphia judge has mandated Tesla CEO Elon Musk's attendance at a Thursday court hearing...
Continue ReadingWe recently compiled a list of the 10 Best S&P 500 Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other S&P 500 stocks. As per AXA Investment Managers, the US dominated financial markets this year. The investment firm believes that […]...
Continue ReadingWhat happens when growth numbers for tech names start coming down? Joe Albano and Victor Dergunov dissect recent news and how the Presidential election will affect the sector...
Continue Reading(Bloomberg) -- MicroStrategy Inc. laid out plans to sell a record $21 billion in new shares to add to its stockpile of Bitcoin, opening the door to a program that would far surpass the milestone Elon Musk’s Tesla Inc. set about four years ago.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?Chicago Mayor Seeks Property Tax Hike, Breaking Campaign VowThe Answer To Making Cities More Family-Friendly? CourtyardsNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkA South K...
Continue ReadingTesla, Alphabet and Microsoft are part of the Zacks Earnings Trends article...
Continue ReadingUber (UBER) reported third quarter results, beating Wall Street expectations on both revenue and earnings. The rideshare platform posted revenue of $11.19 billion, surpassing estimates of $10.99 billion. Adjusted earnings per share reached $1.20, significantly higher than the anticipated $0.45. Despite these positive metrics, Uber's stock faced pressure due to weaker-than-expected gross bookings and a reduced fourth quarter outlook. Kindred Ventures Founder and managing partner Steve Jang joins Morning Brief to provide insights into Uber's performance and future potential. "The company is starting to show that it's not just a marketplace company but a software company," Jang says, highlighting Uber's profitability and continued growth opportunities. Jang emphasizes Uber's strategic positioning, pointing to potential expansion in autonomous and electric vehicles. He praises the company's cost-consciousness and ability to apply its software network across ridesharing, delivery, and freight services. "Uber is the demand network," Jang states, arguing that emerging technologies like Waymo and Tesla's (TSLA) autonomous vehicles will take time to impact the market. However, Uber's global network, software, and 24/7 operations provide a competitive advantage that these companies may want to use in the future. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...
Continue ReadingDemand for semiconductors has been bumpy recently. While names like Nvidia are benefiting from the artificial intelligence boom, chip makers focused on other sectors aren't faring as well...
Continue ReadingThe richest man in the world, Elon Musk, is known for his ambitious plans, whether they involve manufacturing electric cars, launching rockets to space, or having large families. According to a recent report by The New York Times, Musk is now quietly setting up a family compound in Austin, Texas, with properties worth around $35 million. According to the Times, his expanding family — which includes his 11 children and two of their three mothers — could be housed in this compound. Don't Miss: The...
Continue ReadingIt hasn't been a good year for the electric vehicle industry, but the tide could turn in 2025...
Continue ReadingWe recently published a list of Jim Cramer is Talking About These 10 Stocks. In this article, we are going to take a look at where Chevron Corp (NYSE:CVX) stands against other stocks Jim Cramer is talking about. Jim Cramer in a latest program on CNBC said that the market is narrowing again as he […]...
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