Tag: Tesla

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. …

Hotshot investor Cathie Wood, chief executive of Ark Investment Management, bought a drug data analytics stock and shares of a cancer-treatment developer Tuesday. She also purchased and sold some familiar names. All the valuations below are as of Tuesday’s close. Recursion Pharmaceuticals  (RXRX) – Get Recursion Pharmaceuticals Inc. Report is the drug data company. Ark Genomic…

Share to FacebookShare to TwitterShare to LinkedinTopline An “all-in-one” vaccine currently in development could protect people from future Covid-19 variants, as well as SARS, MERS and new strains of other coronaviruses from other animals, a study by researchers at the California Institute of Technology found. Image courtesy of Wellcome Leap, Caltech, and Merkin Institute Image…

Black employees at Tesla ( (TSLA) – Get Tesla Inc. Report) said the company is not preventing racial discrimination and sued the EV automaker for intimidation and harassment, as the number of these lawsuits increases. The lawsuit includes 15 former or current employees who allege that management at the Fremont, California factory is not preventing harassment.…

Jeff Bezos is no longer the CEO of Amazon  (AMZN) – Get Amazon.com Inc. Report.  But he seems to have found another title: the chief controller of President Joe Biden’s fight against inflation at its highest in 40 years. The second richest man in the world, with a fortune estimated at $133 billion on July…

At the height of the crisis, nearly 10% of U.S. homes were in foreclosure. FangXiaNuo for iStockphoto; Canva ContentsThe Subprime Mortgage Crisis ExplainedHow Do Subprime Loans Differ from Other Types of Mortgages? How Safe Were Subprime Loans? Understanding Adjustable-Rate Mortgage Terms What Happened When Subprime Mortgages Defaulted?What Were the Global Implications of the Subprime Mortgage…

Share to FacebookShare to TwitterShare to Linkedin Tesla’s billionaire CEO Elon Musk had anticipated more robust deliveries at the start of the second quarter. AFP via Getty Images Tesla’s deliveries of new battery-powered cars and crossovers cooled down in the second quarter from the year’s first three months as a prolonged slowdown of production in…

Electric vehicle makers have been struggling over the last two years to produce and deliver cars, trucks and SUVs despite obstacles such as supply chain disruptions, semiconductor shortages and factory shutdowns caused by the covid pandemic. The industry’s leading EV manufacturer Tesla  (TSLA) – Get Tesla Inc. Report on July 2 said that plant closures at…

It’s the end of a suspense that lasts almost two weeks.  Two weeks that seemed like an eternity in Elon Musk’s world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last…

Share to FacebookShare to TwitterShare to LinkedinTopline A highly watched economic indicator with a good track record in predicting recessions cut its forecast for second-quarter gross domestic product growth this week, implying the nation has fallen into a technical recession despite economists widely calling for a return to growth in the second quarter. After weak…