Tag Archives: risk

Tesla (TSLA) bulls shouldn’t get too comfy with the company’s market dominance continuing unabated, warns Guggenheim analyst Ali Faghri.  “Our balanced view [on Tesla] is based on: 1) a favorable near-term setup — with demand outpacing supply, we see visibility to volume upside in 2022 and 2023 as new factories in Austin and Berlin ramp; 2) competitive advantage over all original equipment manufacturers today, including a high degree of vertical integration, a software defined vehicle… Source link

Bitcoin (BTC-USD) is down more than 20% from its record high and is set for its fourth straight weekly decline. Crypto bulls, as always, are keeping the faith. That includes MicroStrategy CEO Michael Saylor, who added bitcoin to his company’s balance sheet last year. Since then, he’s been an outspoken advocate. Right now, he doesn’t see many — any? — long-term obstacles to prices going higher. “The only legitimate risk is a black swan – an unknown unknown,” he said in an… Source link

A former Tesla (TSLA) quality engineer turned whistleblower says the electric car maker has known for at least four years that some of its solar panels could catch fire but failed to disclose or fix the problem. On Monday, Reuters revealed that complaints over the alleged hazards filed by the whistleblower are the subject of an ongoing investigation by the U.S. Securities and Exchange Commission. The agency confirmed the investigation in a Sept. 24 letter to the former engineer, Steven… Source link

Stocks rose on Monday, with investors further weighing the potential impacts of the Omicron variant after last week’s volatile trading. Bitcoin prices edged marginally lower after a weekend sell-off. The S&P 500 and Dow each gained, while the Nasdaq was slightly lower. Small-cap stocks outperformed, and the Russell 2000 added about 1%.  Some encouraging developments about the latest coronavirus variant helped boost risk assets. Dr. Anthony Fauci, director of the National Institute of Allergy… Source link

About 5 million Americans have exited the labor force since the pandemic began. Goldman Sachs estimates that about 3.4 million are likely gone for good due to retirements, meaning that 1.7 million people are open to returning to work. But Goldman said in a note on Nov. 11 that there is a “long-run risk” to labor force participation: a general distaste for work. The bank’s economics team pointed to the reddit thread r/Antiwork, a social media community carrying the mantra “Unemployment… Source link

Billions of Gmail users across the world are being targeted for their personal details. Users of the popular email service from Google are being warned to keep an eye out for a new scam circulating online. Fraudulent scammers are attempting to collate personal details from users by sending a seemingly harmless message. US security company Barracuda Network warned: “Bait attacks are one technique attackers are using to test out email addresses and see who’s willing to… Source link

A big question is on the minds of jurors, prosecutors, and maybe even Elizabeth Holmes and her defense team, as government lawyers come close to wrapping up their fraud case: Will the fallen Silicon Valley entrepreneur take the stand to defend herself? There’s no easy formula to arrive at a decision, criminal trial attorneys tell Yahoo Finance, though some critical considerations are bound to weigh in. “The biggest risk that you can take at trial as a defense lawyer is to call your client… Source link

By Deena Beasley    Nov 5 (Reuters) – A trial of Pfizer Inc’s experimental antiviral pill for COVID-19 was stopped early after the drug was shown to cut by 89% the chances of hospitalization or death for adults at risk of developing severe disease, the company said on Friday.    The results appear to surpass those seen with Merck & Co Inc’s pill molnupiravir, which was shown last month to halve the likelihood of dying or being hospitalized for COVID-19 patients also at high risk of serious… Source link

Google has said it will provide 10,000 “high-risk” users with free hardware security keys, days after the company warned thousands of Gmail users that they were targeted by state-sponsored hackers. The warning, sent by Google’s Threat Analysis Group (TAG), alerted more than 14,000 Gmail users that they had been targeted in a state-sponsored phishing campaign from APT28, also known as Fancy Bear, said to be made up of operatives of Russia’s GRU intelligence… Source link

U.S. Energy Secretary Jennifer Granholm said Monday, extreme weather events this summer have elevated the urgency with which the Biden administration tackles the climate crisis. But, with less than two months to go until the UN Climate Change Conference (COP 26), she said the administration has no plans to boost its ambitions to slash greenhouse gas emissions in half from 2005 levels, by the end of this decade. “The fact that one-third of the country has experienced an extreme climate… Source link