Tesla’s stock is back to being boringly expensive. There was nothing in the electric-vehicle maker’s first-quarter volume data to move the needle on investors’ typically entrenched views. Tesla said on Sunday it produced just shy of 441,000 vehicles and shipped almost 423,000. The latter number was 4% more than the previous quarter and 36% more […]
This week the exchange paused customer withdrawals in its international unit; “If the exchanges are not trustworthy, the entire premise of cryptocurrency does not work.” Stephen Gibbs decided it was time to withdraw his money from the cryptocurrency exchange this week when he learned of the problems at FTX. Gibbs, a musician from Thailand, said […]
First American News – Raleigh, NC: Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. As Elon Musk Buys 9.2% Shares of the stock, Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday […]
First American News LLC-Raleigh, NC: All three major stock indexes fell at least 1% after the White House called Russia’s deployment of troops into two breakaway areas of Ukraine “the beginning of an invasion.” Tensions escalated Monday after Russia moved soldiers into Ukraine’s eastern Donbas region, where Russian President Vladimir Putin has recognized two statelets […]
First American News LLC, Raleigh, NC: The decline in technology shares after the Federal Reserve’s hawkish pivot provides a chance for investors to pick up some bargains, said Sarah Hunt, portfolio manager at Alpine Woods Capital Investors. Get New York Times Digital Subscription “There’s a lot of opportunity in some of the tech stocks that […]
In late 2021, diplomats spent hours arguing over whether to “phase-out” or “phase-down” coal in the final communique of the COP26 climate change summit. Under pressure from China and India, the watered-down second choice prevailed. Still, it was good enough for the United Nations to proclaim that the dirtiest fuel was being “consigned to history.” […]
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