Tag: Tesla

AFP via Getty Images Meta and Mark Zuckerberg face a six-letter problem. Spell it out with me: T-i-k-T-o-k. Yeah, TikTok, the short-form video app that has hoovered up a billion-plus users and become a Hot Thing in Tech, means trouble for Zuckerberg and his social networks. He admitted as much several times in a call…

A two-alarm fire was reported at the Tesla  (TSLA) – Get Tesla Inc Report plant in Fremont, Calif. on Friday. The fire has been “knocked down” according to tweets from the Fremont Fire Department.   It broke out in a pile of packing materials (cardboard pallets) outside the plan buildings according the the tweets.  Fremont fire authorities…

Peloton  (PTON) – Get Peloton Interactive, Inc. Class A Report stock jumped by nearly 30% in after-hours trading after a Wall Street Journal report mentioned that Amazon  (AMZN) – Get Amazon.com, Inc. Report might be amid the buyers eyeing a potential purchase. While the report made it clear that any potential deal is far away and may…

© Reuters. FILE PHOTO: A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019. REUTERS/Clodagh Kilcoyne//File Photo By Julien Ponthus (Reuters) -Growth and technology stocks rebounded on Friday, as traders weighed stellar results from Amazon.com Inc (NASDAQ:AMZN) against an unexpectedly strong U.S. employment number that propelled…

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire philanthropist MacKenzie Scott—who helped her ex-husband, Jeff Bezos, build Amazon in its early days—has pledged $133.5 million to a nonprofit that helps keep at-risk children in schools, as her philanthropy continues to overshadow Bezos’ giving since their 2019 divorce. Mackenzie Scott (then Bezos) at the Vanity Fair…

Share to FacebookShare to TwitterShare to LinkedinTopline Amazon is increasing the cost of its Prime service, the company announced Thursday, as its fourth-quarter earnings report showed a 9% year-over-year increase in revenue and met analysts’ expectations following a holiday season fraught with challenges. Tractor trailer semi truck with logos for Amazon Prime service and text…

A day after Facebook parent Meta Platforms  (FB) – Get Meta Platforms Inc. Class A Report posted disastrous quarterly results that sent shares tumbling, Amazon.com  (AMZN) – Get Amazon.com, Inc. Report may be poised to reclaim some of big tech’s market valuation.  Facebook’s 26% slide in the regular session took almost $240 billion of its market cap…

In the eyes of investors, Amazon’s performance and future prospects are viewed and interpreted in terms of the health of its cloud division. And with good reason: Amazon Web Services is the sales engine or locomotive of the e-commerce giant. In the third quarter, AWS accounted for all of Amazon’s $4.9 billion in operating income.…

Google  (GOOGL) – Get Alphabet Inc. Class A Report has not yet said its last word. While its Silicon Valley rivals keep publicizing their efforts to dominate web3, the new iteration of the internet, the Mountain View, California-based company is not to be outdone, according to its CEO Sundar Pichai. “We are definitely looking at blockchain…

Share to FacebookShare to TwitterShare to LinkedinTopline Widely followed stock picker Cathie Wood of Ark Invest, looking to bounce back as her funds continue to underperform, is using recent market volatility to buy the dip on big growth names like Tesla and Robinhood—both of which have seen shares struggle amid the wider selloff in January.…