The volatility in the number of new Covid-19 cases since Oct. 31, 2021, has swung wide over the past six months with remarkably high and low numbers being reported by the Centers for Disease Control and Prevention. The U.S. has recorded a total of 81.17 million cases during over two years of the pandemic through…
Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24 hours. To be more precise, this big loss happened during the April 29 stock market session. Do not worry, however, because the entrepreneur still has a net worth of $148 billion as of April 30,…
This is where the biggest battle in the race for electric vehicles (EVs) will undoubtedly be played: trucks/pickups. This segment of electrification is certainly the one whose margins are not as high as in luxury electric sedans, but it is the one where sales volumes will be among the highest. And. sales volumes equal popularity.…
Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Class A Report), run by billionaire Warren Buffet, suffered a loss during the first quarter as the economy weakened due to the ongoing global pandemic, supply chain bottlenecks and high inflation rates. The company reported on Saturday net earnings at $5.46 billion, which plummeted by 53%…
The crypto market has not been at its best since the year. Volatility has never been so high. After months of falling coin prices starting with bitcoin, the king of crypto, a slight rebound followed. But since then the prices of digital currencies have been zigzagging, unable to exceed certain symbolic thresholds. Bitcoin, for example,…
China’s government has more strictly regulated its technology sector for more than a year, hammering major Chinese tech stocks listed in the U.S., such as Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report and JD.com (JD) – Get JD.com Inc. Report. But now the government is set to pull back, out of concern about recent…
Elon Musk has been everywhere for several weeks. The billionaire is set to acquire Twitter (TWTR) – Get Twitter, Inc. Report, its primary communications network for which he made a $44 billion bid on April 14. This offer, at a price of $54.20 per Twitter share, was accepted by the board of directors of the social…
Elon Musk is everywhere. The billionaire has almost stolen the bill from all the rest of the business world since the beginning of April. We began to talk about him, and his offer to acquire the social network Twitter (TWTR) – Get Twitter, Inc. Report, on April 4 after he revealed a substantial stake. A…
Alphabet (GOOGL) – Get Alphabet Inc. Class A Report, parent company of Google, was one of the big beneficiaries of the economy of the Covid-19 pandemic. The firm has indeed taken advantage of the restriction measures which have forced millions of consumers to stay at home and communicate or stay in touch with the rest…
The long-awaited battle in electric trucks begins today. Which among Ford (F) – Get Ford Motor Company Report, General Motors (GM) – Get General Motors Company Report, Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report and Tesla (TSLA) – Get Tesla Inc Report will emerge victorious? The favorite is unclear as the competitors all have…
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