Tesla has become the first carmaker to be valued at $1tn after rental group Hertz said it had ordered 100,000 Tesla Model 3 sedans to electrify its fleet. Tesla shares rose 9.84 per cent in mid-day trading on Monday to $998.74, bringing year-to-date gains above 40 per cent and lifting the company’s market cap to
admin
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have
It appears the Puerto Rico Plan of Adjustment will collapse as the Senate lacked the votes to approve a bill to back the plan and missed the Oversight Board’s deadline for such action. “It is a stunning development,” CreditSights Senior Municipals Analyst John Ceffalio said. “It had seemed the legislature had gotten all of its
In this article AAPL IMAX Joel Anderson, CEO, Five Below Scott Mlyn | CNBC The macroeconomic picture – and the longer-term expectations for certain stocks – is becoming clearer as earnings season continues. To that effect, some of the top Wall Street analysts have high hopes for Toast, Apple, Five Below, Freshworks and IMAX, according
Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make it more difficult to gather information from users and target ads. Snap did beat estimates by
Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to
The scarcity of homes on the market that plagued the housing sector long before Covid-19 struck the U.S. likely will outlast other pandemic shortages, according to Goldman Sachs economists. While the supply-chain disruptions impacting the availability of appliances, used cars and computer chips will ease as the pandemic ebbs, real estate won’t be so lucky,
China’s real estate sector has to be “substantially smaller” to keep the overall economy healthy and stable, said a top expert on the Chinese housing market. “We have too big of a risk in the sector. We built too much housing, so the stabilization first has to come [from] trimming the sector,” Li Gan, an
In this video, I want to share with you How to Eliminate Stress When it Comes to Trading Stocks or trading in your account. In either case, how do you eliminate that Stress caused by when you’re trading in the stock market? Well, a lot of times people take on this stress because they don’t
In oral argument before a federal appeals court, the Securities Industry and Financial Markets Association contended that a Securities and Exchange Commission temporary exemption for municipal advisors during the height of the pandemic, was “arbitrary and capricious and unsupported by substantial evidence.” Making SIFMA’s case before the U.S. Court of Appeals for the D.C. Circuit
Poland’s prime minister has accused the EU of making demands of Warsaw with a “gun to our head”, urging Brussels to withdraw threats of legal and financial sanctions if it wanted to resolve the country’s rule of law crisis. In a move to ease tensions in the long-running dispute, which has raised fears of a
Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week’s Bitcoin exchange-traded funds. In the past, the launch of the Bitcoin Futures product by the Chicago
The Internal Revenue Service has moved to mandatory electronic filing of its Form 8038-CP, its form for returning credit payments to issuers of qualified bonds. That and a number of other developments were announced during the IRS update as part of the Government Finance Officers Association’s 3rd annual MiniMuni conference. “The IRS is moving to
Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB/USD trading pair was valued highest at $0.00003941 during press time. The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.
In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with the digital asset platform Crypto.com.
If you haven’t heard of the Sheats-Goldstein Mansion, you’ve probably seen it. This incredible piece of real estate has been featured on television, in commercials, and in movies including The Big Lebowski, Charlie’s Angels: Full Throttle, and most recently Space Jam 2. Located in the Beverly Crest neighborhood in Los Angeles, a stone’s throw from Beverly Hills, it is
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted annualized rate of 6.29 million units in September, according to the National Association of Realtors. The organization’s chief economist, Lawrence Yun pointed to a brief
An interview with Shaq and review of WTER.