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Elon Musk sees himself as a visionary. He wants to change our civilization as we know it today. The serial entrepreneur promises that humans will live on Mars soon. He made it the centerpiece of his vision for humanity. While waiting to realize this spectacular promise, the Techno King, as he’s known at Tesla (TSLA)…
The FTX cryptocurrency exchange may not be dead. The platform, the flagship company of Sam Bankman-Fried’s crypto empire, could be revived in the coming months. So said John Ray, the CEO appointed Nov. 11 when Bankman-Fried’s empire filed for bankruptcy, to handle the liquidation. In his first public interview, Ray spoke with The Wall Street…
The shocking revelation will surprise more than one Elon Musk fan. The billionaire is known to oppose the restrictions put in place to limit the spread of covid-19. He did not hesitate in the midst of a pandemic to defy the lockdowns. Musk launched a scathing criticism of anti-Covid-19 measures on April 30, 2020, during…
Tesla CEO Elon Musk has made several promises recently regarding the production of the long-awaited Cybertruck and finding a replacement for Twitter’s top executive. Investors will likely have to wait until Tesla’s Investor Day in March where Musk could reveal more of his strategy to boost sales for the electric vehicle manufacturer. Tesla bull and…
Apple is the only Big Tech company that has not cut its workforce. The tech industry has been consolidating, with a wave of layoffs starting last November. The massive job cuts in the sector reflect expectations that revenue growth will slow as the economy contracts. Alphabet’s Google (GOOGL) – Get Free Report, the search and cloud…
Logitech’s G Cloud handheld gaming device looks like a Nintendo Switch OLED or a Valve Steam Deck, sandwiching a display between controls, making it possible to game from anywhere. However, unlike the Switch or Steam Deck, the G Cloud was designed from the ground up to be used as a cloud gaming device–heck, Cloud is…
Five things you need to know before the market opens on Thursday January 19: 1. — Stock Futures Lower As Fed Hawks, Recession Worries WeighU.S. equity futures moved lower Thursday, while Treasury bond yields continued their recent declines, as investors adjust for a potential U.S. recession while taking in another round of hawkish comments on…
Series I savings bonds have received a lot of hype over the past two years, and they certainly have performed well. The I bonds currently being sold carry an interest rate of 6.89%. But the rate may not be as attractive going forward. There are two components to the total interest rate for I bonds:…
With inflation and job growth starting to ease, some investors and economists say that the Federal Reserve will be able to engineer a soft landing. That would mean its interest-rate increases quell inflation without erasing economic growth. So Goldman Sachs put together a list of 46 stocks that should benefit from a soft landing. The…
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