Tesla (NASDAQ: TSLA) CEO Elon Musk is never afraid to speak his mind, and millions of people pay close attention. So when Musk warned that he's growing pessimistic about the future of the U.S. economy and recommended taking action to defend his company from a potential slowdown,
What happened
Snap (NYSE: SNAP) shareholders trailed the market this week as the stock fell 4% through Thursday trading compared to a 0.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The drop added to significant losses for the s
Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.
The non-fungible token (NFT) market has been in more than just a lull lately. Since the January highs, the volume of daily NFT sales has plummeted from just over $6 billion to only $850 million -- a nearly 90% decline.
Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.
In times of market stress, even the best businesses can take it on the chin. And there's considerable uncertainty for both the economy and individual stocks today. However, even if we're entering a "hurricane," as JPMorgan & Chase CEO Jamie Dimon recently put it, eventually,
Facebook parent Meta Platforms (NASDAQ: FB) keeps getting kicked around by the market. In a digital advertising market that is navigating activity tracking changes hastened by Apple, Snap's (NYSE: SNAP) revenue and earnings downgrade in May (which Snap blamed on macroeconomic fac
In Meta Platform's (NASDAQ: FB) most recent earnings report, there were some signs of a pullback with net income down year over year and more competition has played a part. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on May 24, Fool.com
Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect.
Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.
Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.
Technology stocks maintained strong gains in late Thursday trading, with the SPDR Technology Select Sector ETF (XLK) climbing almost 2% and the Philadelphia Semiconductor Index rising 2.9%.
Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.
U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first four months of the year as rising inflation and slowing demand force companies to cut corners.
Meta Platforms FB recently rolled out a new feature called Amber Alerts on Instagram for the first time, which will help people in finding missing children.
Meta Platforms FB recently rolled out a new feature called Amber Alerts on Instagram for the first time, which will help people in finding missing children.
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