Investors sold more of their stocks than they purchased in November as they sought to lower their risk amid volatility in the market, according to data from TD Ameritrade. “There has been a broad deleveraging across the Street,” Alex Coffey, market strategist at TD Ameritrade, told TheStreet. “Our clients were reactive to the overall market.” The…
Tesla dominates the electric vehicle market. Although the market share of Elon Musk’s group has declined in recent years as most legacy carmakers now offer electric models, the manufacturer of the Model Y and Model S remains the benchmark for green vehicles. You just have to see that the upstarts are trying to position themselves…
Tesla, the electric vehicle industry’s top manufacturer, has delivered good news to its investors, customers and fans lately as it rolled out its first EV semi trucks on Dec. 1. The company also is well on its way to delivering 1 million EVs this year as it reported 908,000 vehicles rolling off the line through…
If Twitter is going to make it as a successful company, it will almost surely have to increase its advertising. Advertising now accounts for 90% of the company’s revenue, and that’s unlikely to change much anytime soon. Chief Executive Elon Musk’s initial efforts to build a subscription service have failed. But advertising at this point…
When people think of the players that dominate the Las Vegas Strip, their thoughts generally turn to Caesars Entertainment (CZR) – Get Free Report and MGM Resorts International (MGM) – Get Free Report, which dominate the south and central parts of the Strip. Caesars owns its namesake Caesars Palace, Harrah’s, Planet Hollywood, the Cromwell, the…
The list of collateral victims of the bankruptcy of the FTX cryptocurrency exchange continues to grow. Crypto lender BlockFi announced on November 28 that it had filed for bankruptcy due to its exposure to FTX, which had bailed out the firm during the liquidity crisis that impacted the industry in the summer of 2022. Now…
Amazon’s Kindle lineup is arguably the gold standard for e-readers. They’re lightweight, have long battery life and can hold hundreds if not thousands of books. Amazon’s entry-level Kindle recently received what amounts to be a big upgrade, without much of a price increase. Previously, the base Kindle was $89, but the 2022 version comes in…
Brace yourself, America; VinFast is on the way. The Vietnam-based electric vehicle maker is taking the slow boat to California as it sends its first batch of 999 VF 8s, the company’s 5-seater electric SUV, to America aboard the Silver Queen, a Panamanian charter ship. The Silver Queen is expected to arrive in the Golden State…
The end of 2022 could be a nightmare for Credit Suisse. The second largest Swiss bank is once again in the line of fire, with the resurgence of fears and questions about its solvency. The bank’s shares fell on November 29 to a new life-to-date low below 3 Swiss francs, to 2.9080 Swiss francs. Since…
Updated at 10:20 am EST U.S. stocks were only modestly higher Tuesday, while the dollar drifted lower against its global peers and Treasury yields stabilized, as investors looked for a change in China’s strict Covid health policies following rare weekend protests in the world’s second-largest economy. Security remains tight in major Chinese cities, however, and…





