Tag: Startup

Software shares have stumbled this year, in line with other technology stocks. The S&P Software & Services Select Industry Index has slid 31% so far in 2022. But hope isn’t lost, says Wells Fargo analyst Michael Turrin. “Rising rates, inflation, [the war in Ukraine], and tightening labor markets have contributed to increasing concerns around a…

Elon Musk navigates between running his multiple businesses and trying to save the planet.  At least, he tries to draw attention to global issues which he considers urgent to tackle.  For some time, the richest man in the world, with a net worth on paper estimated at $210 billion on May 18 by Bloomberg Billionaires…

Share to FacebookShare to TwitterShare to Linkedin Elon Musk attends the 2022 Met Gala on May 2, 2022. Getty Images for The Met Museum/Vogue Tesla, the world’s leading maker of electric vehicles, has been cut from S&P’s ESG Index created for environmentally conscious investors owing to flaws in its business conduct and, ironically, aspects of…

Elon Musk has come out of the (political) closet. The Tesla  (TSLA) – Get Tesla Inc Report CEO, who had gone several hours without saying something provocative, tweeted Wednesday afternoon what many had begun to suspect. After pointedly criticizing California as a “one party state” earlier this week, Musk said will no longer be supporting Democrats…

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk doubled down Tuesday and said his $44 billion bid to buy Twitter “cannot move forward” until the company proves that fewer than 5% of accounts on the platform are fake, the latest road bump in a series of difficulties for one of the tech world’s most…

There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money viewers, and that’s great news for the bulls. If the good news continues overnight, look for the rally to continue tomorrow. The first bit of good news came from China, where Covid cases are beginning to decline. This…

It looks like Elon Musk won’t be doing his dance routine in India. The Tesla  (TSLA) – Get Tesla Inc Report CEO is known for busting a move whenever he attends the opening of a new factory, but he reportedly won’t be slipping on his boogie shoes in India anytime soon. ‘A Lot of Challenges’The electric…

Jeff Bezos looks ready for a boxing match.  Like a heavyweight boxer, he is ready to strike. It’s as if he was preparing for this match, any round of which can send him flying to the ground.  Years after he avoided responding to attacks from politicians on all sides, the second richest man in the world…

Rivals of electric vehicle leader Tesla  (TSLA) – Get Tesla Inc Report are planning to ramp up production despite worldwide shortages of semiconductors and supply chain, logistics and production disruptions. Covid-19 lockdowns have impacted production in China for Tesla and its rivals such as Volkswagen, Toyota, Nio  (NIO) – Get NIO Inc. (China) Report and Li Auto. …

Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Twitter plunged on Friday after Elon Musk said he would put his acquisition of the social media company “temporarily on hold,” adding additional confusion as to whether a deal will still happen as analysts predict that the Tesla billionaire could be looking for an excuse to…