Tesla Inc
SEC says Elon Musk should be sanctioned if he keeps dodging Twitter depositions
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters The Securities and Exchange Commission has asked a federal judge to sanction Elon Musk if he […]
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China-Mexico freight traffic surges in Trump, Biden tariff era, as companies find ways to evade U.S. trade war
A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough […]
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Stocks making the biggest moves premarket: FedEx, Chewy, Trump Media and more
Check out the companies making headlines before the bell. Nike — Shares rose 6% after the athletic apparel company announced CEO John Donahue would be retiring from the position . Company veteran Elliott Hill will be coming out of retirement to take the position. FedEx — Shares of the shipping giant shed more than 13% […]
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Why EU tariffs are unlikely to dent Chinese EV makers’ European expansion
People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group | Getty Images Chinese electric vehicles will remain competitive in Europe despite the EU’s additional tariffs on autos made in the country, particularly after they […]
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Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut
Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the COMPUTEX Forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve cut its benchmark interest rate for the […]
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Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve’s supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics — Shares skyrocketed more than 54% after […]
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Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng HEFEI, China — There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount. Onvo, the lower-priced brand launched by premium electric car company Nio, announced its first car, the […]
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Elon Musk says SpaceX will sue FAA for ‘regulatory overreach’
SpaceX’s Polaris Dawn Falcon 9 rocket sits on Launch Complex 39A of NASA’s Kennedy Space Center as it is prepared for another attempt to liftoff on September 9, 2024 in Cape Canaveral, Florida. Joe Raedle | Getty Images Elon Musk said SpaceX will sue the Federal Aviation Administration for “regulatory overreach” after the agency planned […]
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Looking for tech stocks? CIO names 3 to buy — and says Nvidia is still ‘reasonably valued’
Tech stocks may have had a volatile past few weeks , but one chief investment officer is still bullish. Albion Financial Group’s Jason Ware says that’s thanks in part to the capital expenditure of large tech companies like Amazon , Microsoft , Nvidia and Alphabet ‘s Google that’s “providing a bit of growth support as […]
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Larry Ellison becomes world’s second-richest man, dethroning Jeff Bezos as Oracle stock surges
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling Chairman Larry Ellison to become the world’s second-richest person, snatching the […]
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