Tesla CEO Elon Musk has given its German team six more months to start production at its delayed factory near Berlin, its first gigafactory in Europe, German weekly Automobilwoche reported, citing company sources.
Four astronauts returned safely to Earth from the International Space Station early on Sunday in a SpaceX Crew Dragon capsule, parachuting to splash-down in the Gulf of Mexico, NASA said.
The annual shareholder meeting of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has become easily the most popular formal corporate gathering in the world. In normal times, thousands of investors flock to Omaha to see CEO Warren Buffett and vice-chair Charlie Munger talk about B
Berkshire Hathaway Inc on Saturday defended its $8 billion proposal to build natural gas plants in Texas to help reduce the threat of devastating blackouts such as those in February.
Electric vehicle and battery innovator Tesla (NASDAQ: TSLA) reported first-quarter 2021 earnings on Monday. The company beat estimates at the bottom line, delivering record-high net income and growing revenue significantly year over year. But investors were left somewhat underwhe
What happenedShares of Tesla (NASDAQ: TSLA) spiked higher on Friday, rising as much as 5.7%. By the time the market closed, however, the stock was up 4.8%. The stock's gain impressively came as the overall market declined sharply. The Nasdaq Composite, for instance, fell 0.85%.
In afternoon trading on Friday, Utilities stocks are the best performing sector, higher by 0.2%. Within that group, Pinnacle West Capital Corp (Symbol: PNW) and Southern Company (Symbol: SO) are two of the day's stand-outs, showing a gain of 1.6% and 1.0%, respectively. Amon
Has Bitcoin (BTC) reached a peak when it jumped by five-fold in the last 12 months? Disruptive technology enthusiasts like Cathie Wood, Elon Musk, and Jack Dorsey believe that we’re still in the early innings of the bitcoin rally.
The stock market has done extremely well in April, but Wall Street looks like it's ready for a bit of a break. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has made a run toward record highs this week, and investors seem optimistic about its long-term future. Nevertheless, the index
Venture capital giant Andreessen Horowitz is looking to raise a fund of as much as $1 billion to invest in cryptocurrencies and crypto start-ups, the Financial Times reported on Friday.
Cathie Wood, founder of investment management firm ARK Invest and highly watched money manager, is known for her disruptive stock picks. One of her holdings is streaming company Roku (NASDAQ: ROKU), which makes up 5.2% of the ARK Innovation ETF (NYSEMKT: ARKK), an exchange-traded
Should Investors Buy These Electric Vehicle Stocks Right Now?Electric vehicles are racing to capitalize on the shift towards battery-powered cars, and EV stocks have been keeping pace. After such a monstrous run among top EV stocks in 2020, everyone has been looking for the next
Volkswagen plans to design and develop its own high-powered chips for autonomous vehicles, along with the required software, Chief Executive Herbert Diess told a German newspaper.
Electric-car company Tesla (NASDAQ: TSLA) has now produced a profit for seven consecutive quarters. Tesla managed a GAAP net income of $438 million in the first quarter, up from just $16 million one-year prior. It would appear, at least at first glance, that the electric-vehicle