Microsoft (MSFT) and Alphabet (GOOGL) confirm fears that the economy is not doing well. The two tech giants kicked off the big tech earnings season on Oct. 25 by sending red flags about the current downturn. Their warnings can be summed up in one sentence: the health of the economy is not good and it…
The suspense remains intact even if everything suggests that Elon Musk, the richest man in the world will become the owner of the social network Twitter (TWTR) before Halloween. But it’s possible there will be a final twist in this saga, which has lasted for 6 months. Delaware Chancellor Kathaleen McCormick has given the billionaire until…
Share to FacebookShare to TwitterShare to LinkedinTopline Major stock indexes gained Monday as the market looks to build on a surprisingly strong week, though several notable companies, including Tesla and several New York-listed Chinese firms mounted large losses. Stocks are set for another day of gains. Getty Images Key Facts The Dow Jones Industrial Average…
Watch TheStreet’s Market Open:More on Today’s Topics:Stock Market Today: Stocks Higher on Fed Rate ‘Pivot’ Hopes; China Slumps As Xi Consolidates PowerChina Tech Stocks Crushed As Xi Secures 3rd Term, Likely Extending CrackdownTesla Stock Slides As Surprise China Price Cut Raises Demand QuestionsTheStreet is live every weekday at 9:30 a.m. ET. Join us for the…
This is a crucial week for Wall Street. Four of the five largest companies in the world, in terms of market value, publish their results for the third quarter. Apple (AAPL) , Microsoft (MSFT) , Amazon (AMZN) and Alphabet (GOOGL) together represent $6.71 trillion in market value. They are joined by a company with one…
Share to FacebookShare to TwitterShare to LinkedinElon Musk is still the world’s richest person—but he’s worth one third less than about a year ago, and some Tesla shareholders aren’t happy. Getty Images In November last year, Tesla CEO Elon Musk became the first person in history to obtain a $300 billion fortune. A lot has…
Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Tesla declined more than 3% Wednesday afternoon after the company fell short of expectations on its third-quarter revenue, though the company did beat estimates for earnings per share and profit. Tesla CEO Elon Musk talks during a tour of the Tesla Gigafactory on August 13, 2021…
You never get bored with Elon Musk, people in business circles tend to say. The whimsical and charismatic CEO of Tesla (TSLA) has completely rewritten all the practice manuals in business. He has shaken up customs, buried traditions. Musk is unique and intends to remain so. He imposed his rules and sometimes even the regulators…
Elon Musk took out the carrot. The CEO of Tesla (TSLA) tried on October 19 to reassure the electric vehicle maker’s shareholders after a completely disastrous first half of October for Tesla shares. Tesla shares have lost 16.3% since September 30, which translates into a decline in market value of approximately $135 billion. The decline…
© Reuters. LCO +1.13% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create…