In a surprising announcement, Elon Musk, the visionary CEO of Tesla, has expressed his consideration of taking the electric car company private. This move, if pursued, would mark a significant shift in Tesla’s corporate structure and its relationship with public shareholders. Musk’s decision to contemplate taking Tesla private stems from his desire to focus on […]
Apple’s stock market value fell below $2 trillion for the first time in over a year on Tuesday, October 13, 2023. The decline was due to a number of factors, including concerns about a global economic slowdown, rising interest rates, and supply chain disruptions. Apple’s stock price has fallen by more than 20% since the […]
Twitter’s stock price surged on Tuesday, October 4, 2023, after Elon Musk confirmed that he would go through with his $44 billion takeover of the company. The announcement came after months of speculation and uncertainty about Musk’s intentions. Musk had initially agreed to buy Twitter in April, but he later backed out of the deal, […]
US inflation slows, but remains high, putting pressure on Fed to continue rate hikes US inflation slowed in July 2023, but remains high, putting pressure on the Federal Reserve to continue raising interest rates. The Consumer Price Index (CPI), which measures a broad basket of goods and services, rose 8.5% in July compared to the […]
Business news about Elon Musk Elon Musk is one of the most successful and controversial business leaders in the world. He is the CEO of Tesla, SpaceX, and Neuralink, and he is also the chairman of Twitter. Musk is known for his ambitious plans and his willingness to take on big challenges. Here are some […]
Alibaba stock (BABA) has been on a roller coaster ride in recent years. The stock soared to all-time highs in 2020, but it has since fallen sharply due to a number of factors, including regulatory crackdowns in China, the COVID-19 pandemic, and the ongoing war in Ukraine. So, what can investors expect from Alibaba stock […]
Rising Treasury Yields Send Markets Into Turmoil Rising Treasury yields have sent markets into turmoil in recent months, as investors grapple with the implications of higher interest rates and a potential recession. The yield on the 10-year Treasury note has risen from less than 1% in early 2022 to over 4% today. This is the […]
Powerball Jackpot Soars to $1.4 Billion, Second-Highest US Lottery Prize Ever The Powerball jackpot has soared to $1.4 billion, the second-largest in US history, after no tickets matched all six numbers drawn on Wednesday night. The next drawing is set for Saturday night, and if there is a winner, they will have the choice of […]
In a bid to regain its foothold in the advertising world, X has taken a bold step by offering $250 in ad credits to small and medium-sized businesses (SMBs) that spend $1,000 on X ads within the next month. This move comes amidst a challenging period for the platform, as it strives to recover from […]
In the ever-evolving landscape of tech careers, the story of a GenZ software engineer at Google has sent ripples through the industry. With an audacious work schedule and remarkable earnings, this engineer’s journey has sparked curiosity and debate about the nature of productivity, passion, and balance in the modern workplace. Embracing the Minimalist Approach Meet […]