Elon Musk
Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs spark market meltdown
As President Donald Trump’s “reciprocal” tariffs announcement sent shockwaves across Wall Street, the world’s richest people lost billions of dollars in net worth almost overnight. On Wednesday, Trump announced a baseline 10% tariff for imported goods from all countries set to take effect on April 5, and “individualized” tariffs as high as 50% on a […]
Read More
Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk
Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full […]
Read More
Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
Read More
Trump extends TikTok deadline for the second time
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he has taken such action. Trump announced the extension on his Truth Social platform, saying the TikTok […]
Read More
U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday. Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics. However, […]
Read More
As Microsoft turns 50, Nadella sees future success built on ability to ‘win the new’
Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images A half-century ago, childhood friends Bill Gates and Paul Allen started Microsoft from a strip mall in Albuquerque, New Mexico. Five decades and almost $3 trillion later, the […]
Read More
Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner
Altimeter Capital CEO Brad Gerstner said Thursday that he’s moving out of the “bomb shelter” with Nvidia and into a position of safety, expecting that the chipmaker is positioned to withstand President Donald Trump’s widespread tariffs. “The growth and the demand for GPUs is off the charts,” he told CNBC’s “Fast Money Halftime Report,” referring […]
Read More
Tesla China-made EV sales fall 11.5% in March as competition rises
Tesla CEO Elon Musk wears a ‘Trump Was Right About Everything!’ hat while attending a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters Tesla sales of its China-made cars fell in March as competition from local players like BYD intensified. Tesla sold 78,828 electric vehicles in […]
Read More
Susan Crawford wins Wisconsin Supreme Court race, defying Elon Musk
Judge Susan Crawford, the Democrat-backed nominee for the Wisconsin Supreme Court, during the final stop of the Common Sense Justice Tour ahead of the Wisconsin Supreme Court election in Madison, Wisconsin, US, on Monday, March 31, 2025. Jim Vondruska | Bloomberg | Getty Images Susan Crawford has won a seat on the Wisconsin Supreme Court, […]
Read More
Layoffs begin at U.S. health agencies charged with tracking disease, and researching and regulating food
Employees across the massive U.S. Department of Health and Human Services began receiving notices of dismissal on Tuesday in a major overhaul expected to ultimately lay off up to 10,000 people. The notices come just days after President Donald Trump moved to strip workers of their collective bargaining rights at HHS and other agencies throughout […]
Read More