Share to FacebookShare to TwitterShare to LinkedinTopline Widely followed stock picker Cathie Wood of Ark Invest, looking to bounce back as her funds continue to underperform, is using recent market volatility to buy the dip on big growth names like Tesla and Robinhood—both of which have seen shares struggle amid the wider selloff in January.…
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Share to FacebookShare to TwitterShare to LinkedinTopline In its third funding round in six months, FTX Trading, one of the world’s busiest cryptocurrency exchanges, has raised another $400 million in new investments, the firm announced Monday morning, boosting its valuation to a staggering $32 billion despite a January selloff that’s wiped more than $500 billion…
Tesla continues to dominate electric vehicles sales in the biggest U.S. market for them. Getty Images Billionaire Elon Musk moved Tesla’s headquarters and his residence to Texas, but California remains the strongest U.S. market for the electric-car maker, accounting for nearly 40% of its American sales and more than half of all zero-emission vehicles purchased…
THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks. D espite several days of declines, stock indices finished the week slightly higher, offsetting some of this month’s widespread losses. But the market’s troubles look…
The richest man in the world seems determined to take on the most powerful. Tesla CEO Elon Musk called President Joe Biden “a damp sock puppet in human form” on Twitter Thursday as Tesla stock plummeted 11%. Musk’s lack of restraint on social media is, as the saying goes, a feature not a bug, having…
Share to FacebookShare to TwitterShare to Linkedin SpaceX’s 50th Falcon 9 rocket launches from Cape Canaveral, Florida, as the moon looks on, March 6, … [+] 2018. getty When is the SpaceX rocket going to crash into the Moon? On February 11, 2015 a Falcon 9 rocket from Elon Musk’s SpaceX launched from Cape Canaveral.…
Share to FacebookShare to TwitterShare to Linkedin Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and … [+] Exhibition March 9, 2020 in Washington, DC. Getty Images January 2022 has marked a shaky start for Tesla CEO Elon Musk. The Twitter-obsessed billionaire insulted President Joe Biden on the social…
General Motors CEO Mary Barra speaks during a meeting with U.S. President Joe Biden at the White House on Jan. 26. Getty Images A few hours before Tesla reported record profit and sales for 2021, President Joe Biden met with the company’s biggest competitors at the White House to applaud their efforts–with Tesla CEO Elon…
Share to FacebookShare to TwitterShare to Linkedin Nabiha Saklayen, CEO and co-founder of Cellino Cellino Today, Cellino Biotech, an autonomous cell therapy manufacturing company, announced an $80 million Series A financing round led by Leaps by Bayer along with 8VC, Humboldt Fund, and new investors including Felicis Ventures and Khosla Ventures, that could fix a problem…
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