Carvana shares surge 46% after upbeat second-quarter outlook:
reuters.com/business/autos-transportation/carvana-forecasts-second-quarter-core-profit-above-50-million-2023-06-08/
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| Last Updated | Jun 09 23 |
| Total Articles | 15 |
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Carvana Short Sellers Lose $1 Billion After Record Rally: Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.
bloomberg.com/news/articles/2023-06-08/carvana-shorts-take-a-1-billion-gut-punch-after-record-rally
Carvana Shares Soar on Forecast of Better Financial Results: Shares in used-car retailer Carvana Inc. rose as much as 26% Thursday morning after the struggling ...
bloomberg.com/news/articles/2023-06-08/carvana-cvna-shares-soar-on-forecast-of-improved-financial-results
Carvana shares fall as analysts see Q2 profit forecast as 'one-time' upside: Shares of used-car retailer Carvana Co (CVNA.N) tumbled 11% in afternoon trading on ...
reuters.com/business/autos-transportation/carvana-shares-slide-analysts-call-q2-profit-forecast-one-time-gain-2023-06-09/
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Carvana Short Sellers Lose $1 Billion After Record Rally: Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.
bloomberg.com/news/articles/2023-06-08/carvana-shorts-take-a-1-billion-gut-punch-after-record-rally
Carvana Shares Soar on Forecast of Better Financial Results: Shares in used-car retailer Carvana Inc. rose as much as 26% Thursday morning after the struggling ...
bloomberg.com/news/articles/2023-06-08/carvana-cvna-shares-soar-on-forecast-of-improved-financial-results
Carvana shares fall as analysts see Q2 profit forecast as 'one-time' upside: Shares of used-car retailer Carvana Co (CVNA.N) tumbled 11% in afternoon trading on ...
reuters.com/business/autos-transportation/carvana-shares-slide-analysts-call-q2-profit-forecast-one-time-gain-2023-06-09/
Carvana crashes back down to earth: Carvana’s debt and declining revenue, and the cool response it got from industry analysts, eclipsed the company’s sunny ...
techcrunch.com/2023/06/09/carvana-crashes-back-down-to-earth/
Carvana nirvana? Shorted stock surges 56% as company predicts record profits: Online car retailer Carvana forecasted record profits for the second quarter of ...
techcrunch.com/2023/06/08/carvana-nirvana-shorted-stock-surges-56-as-company-predicts-record-profits/
Meta value falls $190bn as investors react to plan to increase spending on AI: Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow ...
theguardian.com/technology/2024/apr/25/meta-value-falls-190bn-as-investors-react-to-plan-to-increase-spending-on-ai
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
China’s search for an answer to ChatGPT is just beginning: At depressed valuations, SenseTime offers a low-risk bet on a potential winner
ft.com/content/16bf83d1-0c51-456f-b283-8c7fe085ec68
Quick Glance: SenseTime Stock Surges 36% Post Latest AI Model Launch
- SenseTime's stock surged 36% after unveiling the latest SenseNova generative AI model.
- The company introduced SenseNova 5.0 at a Tech Day event in Shanghai, showcasing significant enhancements in linguistic and creative capabilities.
- SenseTime is part of the Chinese companies developing alternative AI platforms to compete with US counterparts.
- The launch of SenseNova 5.0 and SenseTime's efforts to boost growth amid intense competition and geopolitical tensions were emphasized.
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere': TikTok's chief executive said on Wednesday that the company expects to win a legal ...
reuters.com/technology/tiktok-ceo-expects-defeat-us-restrictions-we-arent-going-anywhere-2024-04-24/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Tesla is recalling Cybertrucks because their accelerator pedals could get stuck: Tesla has issued a recall for around 3,878 Cybertruck vehicles ...
engadget.com/tesla-is-recalling-cybertrucks-because-their-accelerator-pedals-could-get-stuck-123057430.html
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Tesla cuts Full Self Driving cost by 1/3 ahead of earnings call: With the Model 2 cancelled, FSD is more important to Tesla than ever.
arstechnica.com/cars/2024/04/tesla-cuts-the-price-of-full-self-driving-option-from-12000-to-8000/
Tesla launches new Model 3 Performance variant to rev up demand: Tesla has officially revealed a new Performance variant of the recently-refreshed Model 3 sedan ...
techcrunch.com/2024/04/23/tesla-model-3-performance-highland-price/
Tesla faces an identity crisis: carmaker or tech firm?: Elon Musk’s fiendish conundrum
economist.com/business/2024/04/24/tesla-faces-an-identity-crisis-carmaker-or-tech-firm
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Meta releases Llama 3, claims it’s among the best open models available: Meta has released the latest entry in its Llama series of open generative AI models: ...
techcrunch.com/2024/04/18/meta-releases-llama-3-claims-its-among-the-best-open-models-available/
Cyberattack at Frontier Communications Causes Service Disruptions: The Sunday attack forces the ISP to shut down systems as some customers report outages.
pcmag.com/news/cyberattack-at-frontier-communications-causes-service-disruptions
Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software
techcrunch.com/2024/04/24/coffee-shop-software-dripos-square-toast/
Carvana: Epic Rally Underscores Why The Market Is Right (Rating Upgrade): Carvana investors have outperformed the S&P 500 hands down with a spectacular 1Y total ...
seekingalpha.com/article/4684940-carvana-epic-rally-underscores-why-market-is-right
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Meta AI is restricting election-related responses in India: Last week, Meta started testing its AI chatbot in India across WhatsApp, Instagram, and Messenger ...
techcrunch.com/2024/04/19/meta-ai-is-restricting-election-related-responses-in-india/
Meta stock plunges 12% on lukewarm earnings, despite strong advertising numbers: The social media company said it had a 'good start to the year ...
fastcompany.com/91112579/meta-stock-plunges-2024-q1-earnings
Quick Glance: NFL - Top-5 Earners per Position: Amon-Ra St. Brown Leads the Way
- The NFL showcases the top-5 earners per position based on average annual salary.
- Quarterbacks top the ranking, followed by Running Backs, Fullbacks, Wide Receivers, and Tight Ends.
- Other positions such as Offensive Tackle, Guard, Center, Defensive End, Defensive Tackle, Outside Linebacker, Inside Linebacker, Cornerback, Safety, Kicker, Punter, and Long Snapper were also listed.
- The list highlights the high salaries of the top players in the NFL for their respective positions.
Newmont: The Giant Is About To Wake Up: Newmont Corporation has potential for at least a 24% upside at current gold prices. Click here to read why I'm bullish on ...
seekingalpha.com/article/4684923-newmont-the-giant-is-about-to-wake-up
Paid articlePaid China’s ageing tech workers hit by ‘curse of 35’: Discrimination against older employees particularly apparent in sector where executives openly state preference ...
ft.com/content/5cf306ad-3a39-4357-b7b3-1d2644bb13a7
Netflix slips after stopping subscriber tally report, downbeat Q2 revenue forecast
reuters.com/technology/netflix-slips-after-stopping-subscriber-tally-report-downbeat-q2-revenue-2024-04-19/
Why Investing For Dividends Can Help Build Wealth: Investing in dividend-paying stocks can give investors higher pay raises without the need to work countless ...
seekingalpha.com/article/4685203-why-investing-for-dividends-can-help-build-wealth
Paid articlePaid Carvana: Hold On, Wait A Minute (Rating Upgrade): Technical analysis and valuation multiples fail to declare whether Carvana is overpriced or underpriced ...
seekingalpha.com/article/4684205-carvana-hold-on-wait-a-minute
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Bitcoin Miners Brace for the ‘Halving’—and Race to Cash In: The Bitcoin halving is imminent. Crypto mining companies are reaching for every trick in the book to ...
wired.com/story/bitcoin-miners-halving/
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Stuff / Newshub deal: a lifeline or the last chance?: This week’s deal to outsource Newshub’s 6pm TV news to Stuff is a bold move for an company that’s never ...
rnz.co.nz/national/programmes/mediawatch/audio/2018935121/stuff-newshub-deal-a-lifeline-or-the-last-chance
How to Recycle or Donate Your Old Printer: Did your laser printer spit out its last page? Looking to upgrade your ancient inkjet unit? Overflowing with ink and ...
pcmag.com/how-to/how-to-recycle-or-donate-your-old-printer
Fastighets AB Balder: Resilient Operating Performance And Discounted Valuation: Despite a dip in property value, Fastighets Balder's resilient operations and ...
seekingalpha.com/article/4684864-fastighets-ab-balder-operating-performance-discounted-valuation-baldf-fstgy-stock
Paid articlePaid Tesla faces an identity crisis: carmaker or tech firm?: Elon Musk’s fiendish conundrum
economist.com/business/2024/04/24/tesla-faces-an-identity-crisis-carmaker-or-tech-firm
Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
apnews.com/article/tesla-layoff-workforce-sales-decline-ee35abc216b5aeb222068500b916ef14
IT market hits $5 trillion mark: IT services and software drive growth in the global IT market. For the first time in 2024, spending is expected to exceed the ...
cio.de/a/it-markt-knackt-fuenf-billionen-dollar-marke,3698637
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
The all-electric Mercedes G-Class ratchets up the tech and off-road capability: The Mercedes-Benz G-Class — the rugged off-road powerhouse that launched in 1979 ...
techcrunch.com/2024/04/23/the-all-electric-mercedes-g-class-suv-ratchets-up-the-tech-and-off-road-capability/
Quick Glance: Electric 2025 Mercedes G-Class Blends New and Old Tech
- The Mercedes G-Class, an iconic off-roader, undergoes a radical electric transformation.
- The G580 with EQ Technology maintains the iconic design but features an electric powertrain.
- The electric G-Class utilizes a 116-kWh battery, delivering 579 HP and 859 lb-ft of torque.
- Enhancements like G-Turn and G-Steering improve the off-road capabilities of the electric vehicle.
More than 250 websites selling fake weight-loss drugs reported by anti-counterfeit firm
reuters.com/technology/cybersecurity/more-than-250-websites-selling-fake-weight-loss-drugs-reported-by-anti-2024-04-15/
Quick Glance: Over 250 Websites Shut Down for Selling Fake Weight-Loss Drugs - Report
- Cybersecurity firm BrandShield reported shutting down over 250 websites selling fake versions of popular weight-loss and diabetes drugs.
- More than 90% of pharmacy websites closed last year for selling drugs to treat metabolic conditions were related to GLP-1 medicines.
- Cases of harm linked to fake GLP-1 versions have been reported in at least nine countries, including Belgium, Britain, Switzerland, and the United States.
- BrandShield removed over 6,900 illegal drug listings on social media platforms and marketplaces last year, with nearly 60% found on Facebook.
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash: Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company ...
techcrunch.com/2024/04/18/uber-nvidia-backed-serve-robotics-hits-public-markets-with-40m-splash/
Tesla to lay off more than 10 percent of its workers as sales slow: "Cost reductions and increased productivity" needed, says Musk.
arstechnica.com/cars/2024/04/tesla-to-lay-off-more-than-10-percent-of-its-workers-as-sales-slow/
Alaska Air prioritizes quality, safety of Boeing products over production rate: Alaska Air Group is not concerned about the production rate of Boeing's 737 MAX ...
reuters.com/business/aerospace-defense/alaska-air-prioritizes-quality-safety-boeing-products-over-production-rate-2024-04-18/
Donald Trump is on the verge of another $1 billion Truth Social windfall: Former President Donald Trump is on the cusp of scoring a major financial bonanza – at ...
cnn.com/2024/04/22/business/trump-media-stock-truth-social/
Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
Huawei Watch Fit 3 could have a similar design to the Apple Watch, but still be different
gizchina.com/2024/04/21/huawei-watch-fit-3-could-have-a-strikingly-similar-design-to-the-apple-watch/
Roccat: Once upon a time: Roccat was founded in Germany in 2006. The accessories manufacturer was then taken over by Turtle Beach Corporation in 2019 - almost 20 ...
stadt-bremerhaven.de/roccat-es-war-einmal/
Tesla Says It’s Working on New EVs After a Huge Drop in Profits: Tesla announced that profit fell by 55 percent and revenue by 9 percent last quarter ...
robbreport.com/motors/cars/tesla-profit-revenue-fell-first-quarter-1235593092/
Apple rejects Spotify’s update with pricing information for EU users: The music streaming company said it is not opting into Apple's new DMA changes that ...
techcrunch.com/2024/04/24/spotify-submits-a-new-update-to-apple-with-pricing-information-for-eu-users/
Snap-On misses quarterly sales estimates on weak demand for power tools: Snap-On missed Wall Street estimates for first-quarter sales on Thursday ...
reuters.com/business/snap-on-misses-quarterly-sales-estimates-weak-demand-power-tools-2024-04-18/
Seagate: Mozaic 3+ HAMR Hard Drives Can Last Over Seven Years: As Seagate ramps up shipments of its new heat assisted magnetic recording (HAMR)-based Mozaic 3+ ...
anandtech.com/show/21366/seagate-mozaic-3-hamr-hdds-can-last-over-seven-years
Portugal's Galp says field off Namibia could contain 10 bln barrels of oil: Portuguese oil company Galp Energia said on Sunday it had concluded the first phase ...
reuters.com/business/energy/portugals-galp-says-field-off-namibia-could-contain-10-bln-barrels-oil-2024-04-21/
Intel Announces Gaudi 3 AI Accelerator to Compete With Nvidia: Intel says its newest accelerator is superior to Nvidia's current H100 while costing much less.
extremetech.com/computing/intel-announces-gaudi-3-ai-accelerator-to-compete-with-nvidia
Thames Water Debt Crisis: Will it be Nationalized? Will Bills be Affected?: The UK’s largest water and sewage supplier Thames Water is in trouble ...
bloomberg.com/news/articles/2024-04-11/thames-water-debt-crisis-will-it-be-nationalized-will-bills-be-affected
Paid articlePaid Meta says revenue will be weak as it spends even more on AI: Push to integrate AI into Meta products boosts financial results, with sales and profits beating ...
theguardian.com/technology/2024/apr/24/meta-earnings
Dole Plc Stock: Bullish As Declining Debt Unlock Values: Dole PLC's solid financial performance in 2023, including debt reduction and strategic asset divestment ...
seekingalpha.com/article/4684907-dole-stock-bullish-declining-debt-unlock-values
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Tesla profits tumble but shares rise on new vehicle plan: Elon Musk's once-dominant leadership in EVs faces more competition from rivals
gulfnews.com/business/retail/tesla-profits-tumble-but-shares-rise-on-new-vehicle-plan-1.1713928095769
Framework’s software and firmware have been a mess, but it’s working on them: New features, security updates, and Linux support are all on a long to-do list.
arstechnica.com/gadgets/2024/04/frameworks-software-and-firmware-have-been-a-mess-but-its-working-on-them/
iPhone sales are plunging. Here’s why: Apple’s smartphone sales tumbled 10% last quarter, according to market research firm IDC, as sales in China fell sharply.
cnn.com/2024/04/15/tech/iphone-sales-plunging/
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
Jimmy Kimmel Dunks on Trump’s Billion-Dollar Stock Bonus: “Donald Trump somehow made a lot of money from a company that makes none,” Kimmel said.
nytimes.com/2024/04/25/arts/television/jimmy-kimmel-trump-stock-bonus.html
Danone beats first-quarter sales forecasts, keeps 2024 goals: France's Danone reported stronger-than-expected first quarter sales on Thursday and said consumers ...
reuters.com/business/retail-consumer/danone-q1-sales-beat-forecasts-keeps-2024-goals-2024-04-18/
Samsung Starts Mass Production of 9th Generation V-NAND: 1Tb 3D TLC NAND: Samsung Electronics has started mass production of its 9th generation of V-NAND memory ...
anandtech.com/show/21365/samsung-starts-mass-production-of-9th-generation-vnand-1tb-3d-tlc-nand
Canada's Rogers profit takes hit from higher costs related to Shaw acquisition: Rogers Communications posted a drop in first-quarter profit on Wednesday ...
reuters.com/business/media-telecom/canadas-rogers-communications-tops-quarterly-subscriber-additions-estimate-2024-04-24/
Apple plans to invest more than $250 mln to expand Singapore campus: Apple Inc plans to invest more than $250 million to expand its regional campus or operations ...
reuters.com/technology/apple-plans-invest-more-than-250-mln-expand-singapore-campus-2024-04-18/
35% Undervalued? Medtronic's Future Looks Very Bright: Medtronic is undervalued compared to its long-term P/E ratio and has potential for strong returns ...
seekingalpha.com/article/4683449-35-percent-undervalued-medtronics-future-looks-very-bright
Paid articlePaid United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In
seekingalpha.com/article/4683696-united-microelectronics-worst-seems-to-have-passed-good-time-to-jump-back-in
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New EV sales hit crossroads, while used EVs have open road for growth: Electric vehicle sales got off to a slow start in 2024, with EV pioneer Tesla seeing sales ...
ajc.com/news/business/sales-of-electric-vehicles-hit-crossroads-while-used-evs-have-open-road-for-growth/YBCNIAYSX5DWTN5ZARH7IQIUCA/
Amid profit slump, and layoffs Musk says Tesla may start selling humanoid robot 'Optimus' by next year
wionews.com/business-economy/amid-profit-slump-and-layoffs-musk-says-tesla-may-start-selling-humanoid-robot-optimus-by-next-year-714399
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem
cnbc.com/2024/04/16/tesla-layoffs-send-shares-down-on-concerns-about-weakening-demand.html
This Michigan company has personalized first-round NFL draftees’ jerseys for years
fastcompany.com/91111255/michigan-company-nfl-draft-picks-personalize-jerseys
Apple quietly beefs up its AI division with acquisition of French startup: Apple has quietly acquired Paris-based AI startup Datakalab, which deploys fast and ...
fastcompany.com/91110830/apple-datakalab-acquisition
BP starts oil production at new offshore platform in Azerbaijan: BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian ...
reuters.com/markets/commodities/bp-starts-oil-production-new-offshore-platform-azerbaijan-2024-04-16/
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
cnbc.com/2024/04/24/djt-trump-media-ceo-asks-house-gop-to-launch-stock-manipulation-probe.html
Why a failed Boeing would be bad for everyone, even Airbus: Even as Congress holds two hearings on claims of safety failures on the 787 Dreamliner and other ...
fastcompany.com/91107856/boeing-failed-bad-for-everyone-even-airbus
Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
techcrunch.com/2024/04/16/tesla-ditches-ev-inventory-discounts-to-streamline-sales-and-delivery/
UK's Games Global discloses over 80% jump in annual revenue in US IPO filing: Games Global, the UK-based maker of online casino-styled games, recorded a more ...
reuters.com/markets/deals/games-global-makes-us-ipo-filing-public-2024-04-16/
Biden - and steelmakers - promise U.S. Steel will stay American: U.S. Steel and Japanese buyer Nippon Steel said the Pittsburgh-based firm will remain an "iconic ...
reuters.com/markets/commodities/biden-says-us-steel-should-remain-an-american-company-2024-04-17/
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
Tesla doubts reach fever pitch as earnings show 9% quarterly loss for Musk-led company
nbcnews.com/business/business-news/tesla-earnings-report-elon-musk-what-happens-next-sales-robotaxis-rcna148987
Hess Corporation And An Acquisition That Might Not Close: Hess Corporation's share price is approaching its late-2023 highs. Check out why I think HES stock ...
seekingalpha.com/article/4683657-hess-corporation-and-an-acquisition-that-might-not-close
Paid articlePaid 5 Reasons Rolls-Royce Is Still A Buy: Rolls-Royce stock sees remarkable growth, driven by improved financials, positive prospects, potential dividend ...
seekingalpha.com/article/4682558-5-reasons-rolls-royce-is-still-a-buy
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Elon Musk says he may have financially hurt X: deposition: Elon Musk said in a deposition that his social media posts may have had a negative impact on X's ...
businessinsider.com/elon-musk-says-may-have-financially-impaired-x-2024-4
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
ASML Patterns First Wafer Using High-NA EUV Tool, Ships Second High-NA Scanner: This week ASML is making two very important announcements related to their ...
anandtech.com/show/21356/asml-patterns-first-wafer-using-highna-euv-tool-ships-second-highna-scanner
Block lets Square merchants convert a part of their daily sales to bitcoin: Block, the company behind Square, Cash App and other services, announced a new ...
techcrunch.com/2024/04/24/block-now-lets-square-merchants-convert-a-part-of-their-daily-sales-to-bitcoin/
Constellation Brands stock is buzzing because consumers keep buying beer: The beverage company lifted its fiscal 2025 outlook and expects beer sales to drive ...
qz.com/constellation-brands-stock-beer-modelo-especial-pacific-1851404600
TechCrunch Minute: Meta’s new Llama 3 models give open-source AI a boost: New AI models from Meta are making waves in technology circles. The two new models ...
techcrunch.com/2024/04/19/techcrunch-minute-metas-new-llama-3-models-give-open-source-ai-a-boost/
RIP office bestie. Here’s the upside to a diminishing need to have a friend at work
fastcompany.com/91106360/rip-office-bestie-heres-the-upside-to-a-diminishing-need-to-have-a-friend-at-work
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Clearlake sweetens offer to buy out Blackbaud to $4.3 billion
reuters.com/markets/deals/clearlake-raises-offer-blackbaud-43-billion-2024-04-15/
WhatsApp trials Meta AI chatbot in India, more markets: WhatsApp is testing Meta AI, its large language model-powered chatbot, with users in India and some other ...
techcrunch.com/2024/04/11/whatsapp-trials-meta-ai-chatbot-in-india-more-markets/
Starlink Rival Astranis Debuts Next-Gen Satellite With 5x More Capacity: The new Omega satellite promises to offer more internet capacity while keeping the costs ...
pcmag.com/news/starlink-rival-astranis-debuts-next-gen-satellite-with-5x-more-capacity
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