Tag: Tesla

Russia’s invasion of Ukraine puts tech giants in an untenable situation.  According to the posts on social media, they must choose their side.  Elon Musk, the CEO of high-end electric vehicle manufacturer Tesla  (TSLA) – Get Tesla Inc Report, and incidentally the richest man in the world, finds himself in a delicate position.  He was…

Throughout the history of financial markets, there are times when certain groups of stocks appear to be unstoppable.  This is when investors can potentially make life-changing returns and should be fully exposed to the upside that equities have to offer. On the other hand, there are also periods when nearly everything seems to be working…

Share to FacebookShare to TwitterShare to LinkedinEntrepreneur Danish Lakhani has spent much of the last 15 years building one of Pakistan’s largest fibre broadband providers – but in a role that took him on frequent visits to China, he increasingly felt there was a bigger business opportunity to explore. Now NayaPay, the fintech platform that…

Share to FacebookShare to TwitterShare to LinkedinTopline As the growing conflict between Russia and Ukraine hoists the S&P 500 into a correction and the tech-heavy Nasdaq index into bear-market territory, analysts are warning clients a brutal stock market selloff could intensify if the conflict escalates, but many are convinced the market pressure will be short-lived,…

An electric vehicle is fine for the morning commute, but to power the huge trains, trucks and ships that move the global economy, hydrogen, heavy-duty batteries and cleaner fuels are the ticket. Cummins, a century-old maker of dirty diesels, is leading the charge. Cummins Inc.’s stylish, cantilevered steel-and-glass office tower in Indianapolis looks more like…

Share to FacebookShare to TwitterShare to Linkedin Republican presidential candidate Donald Trump gives a double thumbs-up to the crowd during the … [+] evening session on the fourth day of the Republican National Convention on July 21, 2016, at the Quicken Loans Arena in Cleveland. Getty Images Even amid registration glitches and a lengthy waiting…

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire philanthropist MacKenzie Scott—whose ex-husband Jeff Bezos founded Amazon—has pledged to donate a record $50 million to the National 4-H Council, an agriculturally focused youth organization that serves six million children nationwide. MacKenzie Scott has pledged $50 million to the National 4-H Council, the organization announced … [+]…

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…