Tag Archives: Musk

Bloomberg China Tech Giants Bet $19 Billion on Global Electric Car Frenzy (Bloomberg) — China is shaping up to be the first real test of Big Tech’s ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport.While Apple Inc. has long had plans for its own car and Alphabet Inc. has Waymo, its autonomous driving unit, the size — and speed — of the… Source link

(Updates price, adds commentary) By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 9 (Reuters) – Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the “Saturday Night Live” comedy sketch TV show. Dogecoin was quoted as low as $0.416 on crypto exchange Binance… Source link

Tesla CEO and founder and chief engineer of SpaceX, Elon Musk.Photo: Yasin Ozturk/Anadolu Agency via Getty Images The value of dogecoin (DOGE) plummeted from record highs after Elon Musk’s Saturday Night Live (SNL) appearance, disappointing investors who tried to push the coin to $1 (£0.72).  Analysts had expected the Tesla (TSLA) CEO or the “Dogefather” to mention the meme-inspired crypto on SNL and send prices spiking, instead his plug saw the coin crash nearly 25% from $0.69 to $0.48 a… Source link

Hello, and welcome to this week’s edition of the Insider Tech newsletter, where we break down the biggest news in tech, including: Did someone forward this newsletter to you? Sign up here. Soundtrack: This week’s newsletter has been specially designed to be consumed while listening to Serge Gainsbourg’s “Requiem pour un con” This week: A last waltz for Yahoo and AOL … Source link

By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – With the price of dogecoin surging, investors are looking ahead to Elon Musk’s guest-host spot on this weekend’s “Saturday Night Live” comedy sketch TV show after the billionaire’s tweets this year turned the once-obscure digital currency into a speculator’s dream. The Tesla Inc chief executive will host the show at 11:30 p.m. EDT on Saturday (0330 GMT on Sunday). The timing puts Musk, who is also known as an enthusiast of… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link

Dogecoin takes its name and logo from the Shiba Inu dog in the “doge” meme that became popular on the internet that same year. Photo: Yuriko Nakao/Getty Images Dogecoin (DOGE-USD) has soared almost 200% to a new-all time high of $0.3922 (£0.28), riding a broader wave of interest in cryptocurrencies that has been cresting in recent days. The cryptocurrency, which first started up as a joke in 2013, now has a market cap of $33.4bn thanks to the recent surge. It puts the coin in the top 10… Source link

Bloomberg Watch U.S. Inflation for Hidden Price Momentum: Eco Week Ahead (Bloomberg) — A flurry of U.S. economic reports this week may signal the underlying strength of growth and inflation pressures as the country’s thaw from the coronavirus crisis begins to spread.One of the most-watched reports will be the consumer price index, with March data likely to show a heady acceleration from last year’s pandemic conditions. Economists may zero in on the monthly change to gauge momentum… Source link

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” What Buffett is advocating is the oldest of market advice: buy low and sell high. Taking this into consideration, we set out on… Source link

TipRanks 3 Monster Growth Stocks That Could Reach New Highs Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can… Source link