GameStop's (NYSE: GME) stock split announcement finally dropped. Investors have been waiting since March for the move after the video game retailer dramatically increased the number of shares outstanding from 300 million to 1 billion with the goal of splitting the stock.
Elon Musk avoided discussing the collapsed Twitter deal as he addressed an audience of moguls on Saturday in Sun Valley, two sources who attended the conference told Reuters.
What happened
The S&P 500 index dropped more than 20% in the first half of 2022, but Tesla (NASDAQ: TSLA) stock did even worse. Tesla shareholders saw their holdings down 36.3% in 2022 through June 30, according to data provided by S&P Global Market Intelligence. Even aft
(RTTNews) - Billionaire entrepreneur Elon Musk has terminated his $44 billion deal to acquire Twitter, claiming that the social media giant failed to comply with its obligations in the merger agreement.
WASHINGTON (Reuters Breakingviews) - Elon Musk started a fire under Twitter when he offered to buy the social network for $44 billion in April. Even though he’s now walking away https://www.sec.gov/Archives/edgar/data/1418091/00011046
Tesla Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter Inc, citing material breach of multiple provisions of the agreement.
What happened
Defying today's market downturn, shares of electric vehicle (EV) leader Tesla (NASDAQ: TSLA) are revving up in Friday afternoon trading, gaining a solid 3.6% as of 12:20 p.m. ET. And for a change, it's some good news out of China that is driving Tesla higher.
Elon Musk said on Friday he planned to "significantly" increase childcare benefits at his companies, including Tesla Inc, and that the details would be likely announced next month.
U.S. electric vehicle maker Tesla sold 78,906 Chinese-made vehicles in June, including 968 for export, the China Passenger Car Association (CPCA) said on Friday.
U.S. employers likely hired the fewest workers in 14 months in June, but the jobless rate probably remained near pre-pandemic lows, underscoring labor market tightness that could encourage the Federal Reserve to deliver another 75-basis-point interest rate increase later this month.
Samsung Electro-Mechanics said on Friday that it is in talks with Tesla Inc to possibly supply camera modules, but that it cannot reveal the deal size or amount at this time.
Wall Street benchmarks ended up on Thursday, with the S&P 500 and Nasdaq recording their fourth successive higher closes, as traders leaned in to U.S. equities after the Federal Reserve hinted at a more tempered program of interest rate hikes.
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
Wall Street benchmarks ended up on Thursday, with the S&P 500 and Nasdaq recording their fourth successive higher closes, as traders leaned in to U.S. equities after the Federal Reserve hinted interest rate hikes could be tempered if growth suffered.
Wall Street benchmarks rose on Thursday, as investors reacted positively to the previous day's commentary from the U.S. Federal Reserve which hinted the central bank's aggressive pace of interest rate hikes could be tempered if growth suffered.
U.S. auto safety regulators said Thursday they had opened a new special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3.
Volkswagen and its partners will invest over 20 billion euros ($20.38 billion) in a battery cell business, creating 20,000 jobs and targetting annual sales above 20 billion euros by 2030 as it seeks to beat U.S. rival Tesla which leads in the growing market.
What happened
Shares of Tesla (NASDAQ: TSLA) were gaining ground today, on seemingly no company-specific news. Instead, investors may be pushing the electric vehicle (EV) stock higher on positive comments about the EV industry from Volkswagen's CEO. Additionally, investors had a
Checked
27 minutes 53 seconds ago
This feed is responsible for generating the rss feed related to the topic TSLA