Tesla (TSLA) CEO Elon Musk’s selling spree continues, to the chagrin of Tesla investors who can’t seem to catch a break. In a filing yesterday, Musk disclosed that he sold 22 million shares of Tesla stock Monday through Wednesday. The value of those Tesla stock sales was around $3.6 billion. Tesla shares have been under immense pressure the past few days, with shares down nearly 13% since the start of the week. Musk’s stock sales this week bring his total amount sold since April, when he… Source link
Read More »Retail investors pile into Tesla as shares remain under pressure
Individual investors piled into Tesla (TSLA) on Tuesday, seeing the recent drawdown in shares of the electric vehicle giant as a dip-buying opportunity for their favorite stock. Tesla was the most popular buy among retail traders in Tuesday’s session, according to data from VandaTrack — even as the company missed out on a rally across the broader indexes following a lighter-than-expected inflation report. Shares of Tesla slid 4.1% on Tuesday to close around $161, while the S&P 500, Dow, and… Source link
Read More »Buffett’s Berkshire sells more shares in China’s BYD
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has continued trimming its large stake in Chinese automaker BYD (1211.HK), according to a filing listed today with the Hong Kong Stock Exchange. As reported by Reuters, the filing states that Berkshire Hathaway unloaded 3.297 million Hong Kong-listed shares of BYD, netting $71.35 million in proceeds. Following the sale, Berkshire’s stake in BYD dropped to 17.92% from 18.22%, still keeping Berkshire a large shareholder. However, today’s… Source link
Read More »Are Social Signals & Shares A Google Ranking Factor?
Do social signals affect search rankings? In a world of ever-evolving social networks and platforms, can engagement on one social network over another help you get better visibility in Google search engine results? Let’s explore social signals as a Google ranking factor to determine their effect on search rankings. Read more about ranking factors in SEJ’s Google Ranking Factors: Fact Or Fiction ebook. The Claim: Social Signals Are A Ranking Factor Social signals are engagement from… Source link
Read More »Core Scientific shares fall 76% after the bitcoin miner warns it can’t pay debt
Core Scientific (CORZ) will not make debt payments due in October and November, according to a new securities filing. Shares of the bitcoin mining company were down as much as 76% on Thursday morning. Core said it’s exploring alternatives to its capital structure and is working with financial and legal advisers but noted that it might have to file for bankruptcy. — in which case common stock holders would completely lose their investments. “Given the uncertainty regarding the Company’s… Source link
Read More »Shares slide following Q3 release; affirms lower end of profit guidance
Ford (F) shares fell after reporting Q3 earnings that beat on the top line and re-affirming the bottom end of its full-year profit forecast, though the automaker took a big impairment from its Argo AI investment. For the quarter, Ford reported: Ford said it would be taking a $2.7 billion non-cash, pretax impairment on its investment in Argo AI, which TechCrunch reported would be shutting down, with engineers and other employees being absorbed by Ford and its Argo AI partner, Volkswagen. “In the… Source link
Read More »Beyond Meat introduces Beyond Steak, shares down more than 80% year-to-date
Beyond Meat is out with its newest plant-based “meat” — Beyond Steak. The frozen food comes in seared, bite-sized pieces and can be prepared in a skillet or air fryer in five minutes. Meant for “meat lovers and flexitarians alike,” the product contains no GMOs or added antibiotics and hormones. Per serving, it includes 21 grams of protein and 0 mg of cholesterol. In a press release, Beyond Meat Chief Innovation Officer Dariush Ajami said the launch is a “highly-anticipated expansion” of its… Source link
Read More »Grant Cardone Shares How Investors Can Make The Most Of This Market
which means prices are going to pull back. If you are an end user, looking to finally enter the housing market now is a great time to buy a house 15%-20% cheaper than it would have been at the beginning of the year.” That’s transparent and clear advice from one of the brightest and most outspoken minds in the world of real estate. Cardone doesn’t hoard advice, tips or tricks to getting rich. He is a best-selling author and has shared his 10X strategy on several different platforms…. Source link
Read More »FedEx issues ominous warning about the global economy, shares tumble
FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj Subramaniam warned in the release. “We are swiftly addressing these headwinds, but given the speed at which conditions shifted, first quarter results… Source link
Read More »Google Shares Insights into Indexing & Crawl Budget
Google recently published a podcast discussing what’s known as a crawl budget and what influences Google to index content. Both Gary Illyes and Martin Splitt shared insights into indexing the web, as understood from Google’s perspective. Origin of the Crawl Budget Concept Gary Illyes said that the concept of a crawl budget was something created outside of Google by the search community. He explained there wasn’t any one thing internally within Google that corresponded with the idea of… Source link
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