As Wall Street continues to face volatility caused by indecisiveness over the stimulus deal, investors need to watch reports of major companies including Advanced Micro Devices, Microsoft, Apple, Facebook, and Tesla.
Tag: Tesla Inc
Tesla agrees to acquire ATW Automation
Tesla Inc. has agreed to acquire the German ATW Automation, the battery modules and packs supplier that was facing liquidation issues amid a slump in orders.
Worst jobs report in a decade, oil surging
People walk on Wall St. outside the New York Stock Exchange, August 7, 2019. Brendan McDermid | Reuters An abysmal March jobs report gives a glimpse of the devastating economic damage caused by the coronavirus pandemic. Another surge in oil prices on expected output cuts limited the losses in the stock market. Amid wild trading, […]
Apple CEO Tim Cook, Tesla’s Elon Musk pledge donations
Tim Cook, chief executive officer of Apple Inc., left, speaks as Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., listens during a keynote at the 2019 DreamForce conference in San Francisco, California, U.S., on Tuesday, Nov. 19, 2019. David Paul Morris | Bloomberg | Getty Images U.S. technology CEOs including Facebook’s Mark Zuckerberg […]
Tesla Fremont factory not ‘essential business’ says Alameda County
Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow | Corbis News | Getty Images The Alameda County Sheriff’s office said in an official tweet on Tuesday night that Tesla’s Fremont car factory is not an “essential business” under the definition of its “shelter in place” order, implemented to slow the […]
Tesla customers in China irate over cars delivered with older hardware
A worker in a face mask walks past gates at the Tesla Gigafactory in Shanghai, China, on Feb. 17, 2020. Qilai Shen | Bloomberg | Getty Images Tesla customers in China are complaining the company delivered new Model 3s with a version of Autopilot hardware that was not as advanced as promised. According to a […]
Elon Musk says ‘the fighter jet era has passed’
Elon Musk, founder of SpaceX, speaks with US Air Force Lieutenant General John Thompson, commander Space and Missile Systems Center commander at Space Pitch Day in San Francisco, California. US Air Force ORLANDO, Fla., — Tesla and SpaceX CEO Elon Musk predicted Friday that the future of war would be carried out by autonomous drones […]
Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away
This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]
Free trading fuels rampant speculation in stocks
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA TODAY | Reuters Small investors are flocking to high-flying growth stocks after the brokerage industry made trading free. In the months since major […]
Virgin Galactic is Wall Street’s new favorite speculative stock: SPCE
Virgin Galactic’s First Spaceflight on Dec. 13, 2018 Source: Virgin Galactic Virgin Galactic’s rally began two months ago but trading in the speculative space company has recently accelerated in a way that tops even the momentum behind Tesla. Shares of Virgin Galactic rose as much as 12% in premarket trading Wednesday from its previous close […]