Tesla Inc
Michael Saylor says investing in MicroStrategy is the closest you’ll get to a bitcoin spot ETF
MIAMI — MicroStrategy may technically be in the business of enterprise software and cloud-based services, but CEO Michael Saylor says the publicly traded company doubles as the first and only bitcoin spot exchange-traded fund in the U.S. “We’re kind of like your nonexistent spot ETF,” Saylor told CNBC on the sidelines of the Bitcoin 2022 […]
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Stocks making the biggest moves premarket: American Airlines, Blackstone, AT&T and more
Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability for the current quarter. United Airlines (UAL) – United lost an adjusted $4.24 per share for the first quarter, 2 cents more than expected, and the airline’s revenue […]
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Elon Musk’s tunnel-making venture Boring Company hits $5.7 billion valuation
HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in […]
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Elon Musk says he thinks inflation is worse than reported and likely to continue through 2022
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose 8.5% annually in March to […]
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Stock futures rise as investors digest more earnings reports
Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 80 points, or 0.2%. S&P 500 futures ticked up 0.4% and Nasdaq 100 futures […]
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Stocks making the biggest moves after hours: Tesla, United, Carvana and more
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla posted earnings of $3.22 per […]
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Tesla reports first-quarter earnings after the bell on Wednesday
Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Electric vehicle maker Tesla is set to deliver a first quarter earnings update after the bell on Wednesday. Here’s what Wall Street is expecting, according to […]
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Options traders bet on big post-earnings gains for Tesla
Options traders are making a ton of noise in Tesla’s stock as the company gears up to report earnings after the bell Wednesday. The electric vehicle manufacturer headed up by Elon Musk — who continues to make a lot of noise himself — has struggled so far this year, but the options market is betting […]
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‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’
Tesla can continue executing on its plans even if Elon Musk ends up buying Twitter, Jefferies autos analyst Philippe Houchois says. Source
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Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain
Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., both sponsored legislation that promises to invest billions of dollars in technology, strengthen the U.S. supply chain and make America’s tech sector competitive with China. They both sit on the conference committee charged with combining different versions of the bill, which separately passed the U.S. House […]
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