Canoo (GOEV) – Get Canoo Inc. Report, a young electric-vehicle manufacturer navigating serious financial stresses, got a lifeline just when it needed it. The financial problems have clouded Canoo’s future, to the point where analysts were wondering whether the company would file to reorganize or would be bought by either a competitor or by a company…
Fear of recession abounds. The economy shrank 1.6% annualized in the first quarter, and many economists expect a contraction in the second quarter as well. So what stocks might be able to weather the carnage? “We note that food retail stocks, including grocers, mass discounters, warehouse clubs, and dollar stores, have mostly outperformed the S&P…
Elon Musk once again occupies a place he loves: at the center of attention and conversation. The billionaire entrepreneur dropped a bombshell on July 8 by announcing in a Securities and Exchange Commission filing that he was no longer buying Twitter (TWTR) – Get Twitter Inc. Report after nearly three months of a saga rocked by…
Elon Musk sees himself more as a simple chief executive officer. His name is certainly attached to the manufacturer of premium electric vehicles Tesla (TSLA) – Get Tesla Inc. Report and to the space exploration and rocket company SpaceX, but the richest man in the world sees himself as a multi-faceted personality. It is in this perspective…
The first couple of years of the streaming wars have been rough. Consumers who cut the cord with their cable and television service providers now have a plethora of options to sign up for. Between Netflix (NFLX) – Get Netflix Inc. Report, Amazon (AMZN) – Get Amazon.com Inc. Report, Disney+ (DIS) – Get The Walt…
It is always difficult to know with Elon Musk if he is serious or if he is just having fun being provocative to see the reaction. Still, the most influential CEO in the world with more than 100.5 million followers on the social network Twitter knows how to surprise and above all knows how to…
Elon Musk keeps his word. The CEO of Tesla (TSLA) – Get Tesla Inc. Report, who has become one of the world’s most influential voices, has been warning about what he considers the most serious global threat: the decline of the world population and mainly in rich countries. “Unless something major changes on the human birth…
After a break of nearly two weeks, Elon Musk is back on Twitter, his favorite communication channel. The CEO of Tesla (TSLA) – Get Tesla Inc. Report, who has also become the most influential boss in the world, has resumed his habits. He uses the microblogging website as a platform to shed light on subjects…
Whatever else you may think of him, you can’t deny that Elon Musk is really good at multitasking. The CEO of Tesla (TSLA) – Get Tesla Inc. Report, founder of SpaceX, CEO of the Boring company, founder of Neuralink and putative owner of Twitter (TWTR) – Get Twitter Inc. Report, has reportedly added to his brood…
After stocks finished strongly on Tuesday, they’re mixed on Wednesday. But Alphabet (GOOGL) – Get Alphabet Inc. Report (GOOG) – Get Alphabet Inc. Report stock is clearly trying to rally. The search, cloud and advertising giant’s shares gained more than 4% on Tuesday. And in so doing they reclaimed their 10-day and 21-day moving averages. …
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