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…
Elon Musk managed to make Tesla (TSLA) – Get Tesla Inc Report the benchmark in the automotive sector that the company completely disrupted. Three years after getting close to bankruptcy, the automobile group is in sparkling health. Tesla has just revealed first-quarter results that have thwarted even the most optimistic forecasts. Net profit was $3.32 billion,…
Elon Musk, chief executive officer of Tesla, has promised a futuristic car as Tesla’s (TSLA) – Get Tesla Inc Report future vehicle. It was thought that the long-awaited Cybertruck had pushed the limits of what could be done today in terms of cars, but the billionaire seems to think not. He just announced that Tesla is…
The stock market should’ve been down Tuesday, Jim Cramer told his Mad Money viewers, but instead, we had a great run. How’d that happen? It wasn’t bonds, earnings, or housing starts that drove stock prices higher, nor was it any good news on the inflation front. The real reason for today’s rally was sentiment –…
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