Bank of America has created a list of technology stocks with attractive features. Of course, tech stocks haven’t fared well lately. The tech-heavy Nasdaq Composite has slid 14% year to date. “BofA Client Flow data indicate that institutional clients were larger net sellers of tech stocks in January than in any other month over the…
Every day, a new verbal attack followed by a counter-attack from the other side. None of the protagonists seems to want to lower the temperature. And things don’t seem to be getting better, on the contrary. The standoff between Elon Musk and the Securities and Exchange Commission (SEC) is reaching levels of no return. Tesla’s…
Could Apple have a wage war on its hands? The iPhone maker could face some problems as voices swirl over a big bonus to CEO Tim Cook compared to worker wages. TheStreet’s Luc Olinga writes “Apple (AAPL) – Get Apple Inc. Report is used to laurels. Most often we praise its sense of innovation. And when we’re…
When the notorious cryptocurrency exchange Crypto.com, of which NBA superstar Lebron James has become the face, discovered on Jan. 17 that it had been hacked, the alert did not come from its monitoring tools. The firm, an inside source told TheStreet, was made aware of the intrusion into its system by actor, investor and crypto…
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Walmart (WMT) – Get Walmart Inc. Report has had to play catchup for years as Amazon (AMZN) – Get Amazon.com, Inc. Report has caught and passed the big box retailer as the country’s go-to shopping option. Amazon’s exponential growth in the new millennium has similarities to Walmart’s growth in the 90’s before the internet changed everything. Unlike…
Many of the country’s richest people, including Elon Musk and Larry Ellison, borrow against their stock while avoiding capital gains taxes. On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla and its CEO Elon Musk accused the Securities and Exchange Commission on Thursday of engaging in a “calculated effort to chill” his right to free speech in its oversight of communications with shareholders, as a part of a settlement stemming from a 2018 tweet in which Musk…
Tech giant Amazon (AMZN) – Get Amazon.com, Inc. Report is hiring for the metaverse without necessarily calling attention to it. Amazon’s gaming engine Lumberyard, which has struggled to make inroads into the gaming developer space, is hiring its first metaverse person. The job titled “Senior Product Manager, Technical (AWS Game Tech)” was posted on LinkedIn four days…





