Cruise lines have slowly returned to normal, or at least to near-normal, as vaccines and testing make the covid pandemic a less critical concern. It’s not that the coronavirus pandemic has ended — it most certainly hasn’t and scary new variants are always possible. But Royal Caribbean (RCL) – Get Royal Caribbean Group Report, Carnival…
By the end of the day, almost everyone’s weighed in on Tesla (TSLA) – Get Tesla Inc Report founder Elon Musk’s $44 million Twitter (TWTR) – Get Twitter, Inc. Report buyout — and while he waited a few hours after the announcement, that included Amazon (AMZN) – Get Amazon.com, Inc. Report founder and rival billionaire Jeff Bezos.…
Updated at 11:28 am EST U.S. stocks slumped lower Monday, while the dollar soared and oil prices retreated sharply, as investors pulled back from risk markets amid a renewal of Covid restrictions in China and concerns over the impact on consumer demand from the Federal Reserve’s hawkish inflation stance. Officials in China ordered millions of…
Updated at 9:41 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares jumped higher Monday amid reports that executives on the board of the social media group have started takeover talks with billionaire Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk. Musk, who made an unsolicited $43 billion offer to take the company private…
Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk needs a meeting with his human resources department. The billionaire genius may well be saving the world through his electric vehicle (EV) company and he night help mankind one day live on Mars, but he’s not always a kind man. Musk, who has talked openly…
As the U.S. economy recovers from the pandemic, its growth prospects are running into high inflation and sparking fears of a recession in 2023. While the International Monetary Fund has predicted it will grow nearly 4% this year, inflation in the United States reached 8.5% in March, the highest annualized rate in 40 years. Bringing…
Snap’s (SNAP) – Get Snap, Inc. Class A Report much-hyped camera sunglasses that released in 2016 sank without a trace. Snap had been working to develop the glasses, which had a tiny, wireless video camera built in them, for the past few years. The bright-colored sunglasses also recorded video and connected directly to Snapchat via bluetooth or…
Microsoft ( (MSFT) – Get Microsoft Corporation Report) will pay software researchers a hefty bounty for finding security threats. In some cases, even up to $26,000. The software behemoth will pay the bounties for submissions that “have the highest potential impact on customer privacy and security,” Microsoft said in a blog post. Giving out rewards…
The great American industrial renaissance has arrived, Jim Cramer announced to his Mad Money viewers Thursday. If you want leadership in a choppy stock market, look no further than our American manufacturers. America had long lost dominance in autos, surrendering to Germany, Japan and China. But then came Tesla (TSLA) – Get Tesla Inc Report,…
Can’t blame Coinbase (COIN) for trying. The most popular of the crypto exchanges in the United States is scrambling to try to find sources of growth as trading by retail investors has slowed markedly. It is these same investors, led by young people who have suddenly become rich thanks to their investments in crypto, which…
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