Tesla buyers pave the way in which for a inventory break up, voting with the corporate on many of the proposals

Shareholders of Tesla Inc. on Thursday passed a proposal expected to result in a 3-to-1 stock split and sided with the company on most proposals for a vote. Tesla TSLA, + 0.40% announced the results of the preliminary voting at the gigafactory in Austin, their new corporate headquarters, at the end of an official shareholder … Read more

Tesla traders pave the best way for a inventory break up, voting with the corporate on many of the proposals

Shareholders of Tesla Inc. on Thursday passed a proposal expected to result in a 3-to-1 stock split and sided with the company on most proposals for a vote. Tesla TSLA, + 0.40% announced the results of the preliminary voting at the gigafactory in Austin, their new corporate headquarters, at the end of an official shareholder … Read more

Elon Musk’s response to the lawsuit on Twitter shall be made public on Friday

DOVER, Del. – Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion settlement to buy the social media company will go public by Friday night at the latest, a judge ruled on Wednesday. Musk’s lawyers want to submit a public version of their response and counterclaims in a … Read more

Elon Musk’s response to the lawsuit on Twitter will likely be made public on Friday

DOVER, Del. – Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion settlement to buy the social media company will go public by Friday night at the latest, a judge ruled on Wednesday. Musk’s lawyers want to submit a public version of their response and counterclaims in a … Read more

NIO, one other China-based electrical automobile maker inventory soars after July deliveries leap

The U.S.-listed shares of NIO Inc. NIO, + 1.23% rose 4.2 percent in pre-market trading on Monday, after the China-based electric vehicle maker reported delivery sales rose in July from a year ago, marking an increase in sales. third consecutive month. The company said July delivery increased 26.7% to 10,052 vehicles. That followed a 60.3% … Read more

Roku inventory plummets to report drop after ‘horrible’ earnings

Shares of Roku Inc. fell to a record drop on Friday after the streaming company admitted a “significant drop” in ad spend helped push it to weaker-than-expected results and could linger beyond the near quarter. best. ‚ÄúConsumers have begun to curtail discretionary spending and advertisers have dramatically cut spending in the ad-distributed (TV ads purchased … Read more

US inflation rebounds and stays at 40-year excessive, key value gauge reveals

The numbers: A key measure of US inflation surged 1% in June, led by higher fuel prices, suggesting that price pressures in the economy remain acute and are unlikely to ease quickly. The rise in the so-called personal consumption expenditures price index has exceeded Wall Street forecasts. Economists had predicted a 0.9% increase. A narrower … Read more

Amazon shares rise 14% as gross sales beat and AWS progress surpasses second consecutive quarter loss

Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more

Is Fed’s Powell dovish or not? 4 key takeaways from Wednesday’s press convention

Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more

Is Fed’s Powell dovish or not? 4 key takeaways from Wednesday’s press convention

Investors reacted as if Wednesday’s Fed Chair Jerome Powell’s press conference was dovish, but many economists saw it as the hawks of the street. Here are some key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed raises interest rates to fight 41-year high inflation … Read more