Tesla Stock Is Jumping Because Elon Musk Says Competition Doesn’t Matter

Text size Tesla stock fell when the company raised the prices on its website earlier this month. Chris Delmas / AFP via Getty Images Tesla stock is starting a new week on solid footing, at least in pa...

Elon Musk joins the growing chorus fearing a U.S. recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress...

Stock Market Today: The Dow Edged Higher, While Tech Stocks Rallied

Text size A trader works on the floor of the New York Stock Exchange. Spencer Platt/Getty Images The stock market largely gained on Friday, closing out a volatile week of trading. Stability in the bon...

‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed

When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had aske...

Musk Wants Tesla Workers to Return to the Office. The Move Might Backfire.

Text size Tesla CEO Elon Musk. Maja Hitjj/Getty Images Tesla CEO Elon Musk wants employees to come back to the office—and they will probably listen. The move, however, is not without its risks. On Wed...

Microsoft Joins the Tech Sector Hiring Slowdown

Text size The news comes after the tech giant said it would nearly double its worldwide budget for staff.  Lisa Maree Williams/Getty Images Microsoft said it is going to slow hiring in select division...

Tesla Investors Are Getting Fed Up With Elon Musk’s Twitter Takeover

Text size Musk has said “Tesla is on my mind 24/7.” Win McNamee/Getty Images Tesla shareholders are growing more vocal about their frustrations with Elon Musk’s $44 billion bid to take Twi...

Twitter Stock Jumps. Tesla CEO Elon Musk Is Fine-Tuning His Potential Purchase.

Text size Tesla CEO Elon Musk filed an amended regulatory form for his potential buy of Twitter. Angela Weiss/AFP via Getty Images Elon Musk said in a regulatory filing Wednesday that he no longer pla...

If There’s a Recession Coming, Not Even the Fed Could Stop It Now

The word recession is on the tip of everyone’s tongue. Influential investor and philanthropist George Soros is talking about it in Davos. The Federal Reserve, on the day minutes are published, is cons...

Broadcom May Pay About $60 Billion for VMware With Announcement Thursday

Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...

Twitter’s stock falls below where Elon Musk bought it, turning a $1.1 billion profit into a $40 million loss

Easy come, easy go, as shares of Twitter Inc. fell below where Elon Musk bought it, wiping out more than $1.1 billion in gains in four weeks. The social-media company’s stock TWTR, -5.55% sank 6.0% in...

NIO Has Good News for Tesla. Production Is Recovering After Covid-19 Lockdowns.

Text size Shares of electric-vehicle maker NIO are down 25% since the end of March. Lintao Zhang/Getty Images Chinese Covid-19 lockdowns have hurt electric-vehicle sales and production since late Marc...

Nvidia to Slow Hiring Amid Inflationary Environment

The technology industry has been cutting back as it struggles to deal with rising inflation and a deteriorating global economic environment. Justin Sullivan/Getty Images Text size Nvidia (ticker: NVDA...

Tesla Stock Falls After Harassment Allegations Against CEO

Text size Tesla’s Shanghai factory. Xiaolu Chu/Getty Images Tesla stock took a beating as investors digested sexual-harassment allegations against CEO Elon Musk. Thursday, Business Insider repor...

Tesla stock’s very bad week gets worse after the allegations against Musk

Tesla Inc. shares closed at their lowest since late July, falling more than 6% on Friday following the allegations of sexual misconduct lobbed against Chief Executive Elon Musk. Tesla TSLA, -6.42% sto...

Twitter Strikes Back, Says It Will Enforce Agreement With Elon Musk

Text size Elon Musk says the $44 billion deal to buy Twitter is on hold. Twitter disagrees. Jim Watson/AFP via Getty Images Twitter will hold Elon Musk to his offer to buy the company at the $44 billi...

Opinion: Elon Musk doesn’t want to buy Twitter anymore, but Twitter should make him pay for it

It’s becoming quite clear that Elon Musk no longer wants to buy Twitter Inc., at least not at the price he negotiated. But Twitter should not walk away without at least $1 billion — and potentially mu...

Twitter (TWTR) Stock Gives Up All Gains Accrued since Elon Musk Disclosed 9% Stake in Early April

Twitter stock was trading at $37.39 on Monday, representing a complete reversal of gains acquired after Musk announced minority ownership. Twitter Inc (NYSE: TWTR) stock has shed all of its gains back...

Tech Stocks Face A New Risk in the Coming Months

Text size *** ONE-TIME USE *** People walk on a street past a business on May 12, 2022 in New York City. Spencer Platt/Getty Images Tumbling technology valuations have consequences. The selloff is pus...

The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...

Opinion: Elon Musk is likely trying to get a lower price for Twitter

Is Elon Musk’s $44 billion bid for Twitter actually a $1 billion joke by the world’s richest man? That’s a possibility that cannot be ignored, as investors scramble to make sense of Musk’s latest shen...

Are You Listening Elon? Walk Away From Twitter!

In my April 28th Real Money column, I wrote a heartfelt letter to Elon Musk imploring him to walk away from Twitter (TWTR) . I awoke this morning to news that Musk had tweeted that he had “tempo...

Mark Cuban: ‘Crypto is going through the lull that the internet went through’

Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low as U,S. stocks continued to ...

The Future of Transportation Is a Lot More Than Tesla. How to Invest.

We once thought the future of transportation meant George Jetson’s flying car. Instead, we got Elon Musk’s Tesla—the company and the electric car—whose twin successes jolted the global automotive indu...

Elon Musk pitch deck for Twitter promises to nearly triple ad revenue, create $10 billion subscription business: report

Elon Musk is telling potential investors in his deal for Twitter Inc. that he will seek to triple the company’s ad revenue and create a $10 billion-a-year subscription business within six years, accor...

Tesla Schedules Its Annual Meeting. A Stock Split Approaches.

Text size Tesla scheduled its 2022 annual stockholders meeting for later this year. Spencer Platt/Getty Images Mark your calendars: Tesla ’s 2022 annual meeting of stockholders will be held on Aug. 2,...

Social-Media Platforms Lay It On Thick

The tech industry hasn’t been shy about coining its own dubious metrics over the years. But lately, even the basic ones aren’t to be trusted. Social-media investors have historically focused on two ke...

Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...

Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...

Here’s What’s Next for Tesla Investors Now That Elon Musk Sold Stock

Text size Tesla is expected to release Photograph by Spencer Platt/Getty Images Only Tesla CEO Elon Musk can make an annual proxy statement exciting. With Tesla’s 2022 proxy statement possibly arrivin...

Tesla Stock Is Dropping Like a Stone. There’s No New Reason.

Text size Tesla cars parked in a lot at a Tesla factory. Justin Sullivan/Getty Images Tesla shares opened higher Thursday, then promptly fell. It isn’t easy to find anything new spooking investors. Sh...

Tesla Stock Is Pricing in $37 of Twitter Fear. Here’s How We Know.

Text size CEO of Tesla Motors Elon Musk Suzanne Cordeiro/AFP via Getty Images Tesla and Twitter stocks are linked, for at least a little while, as investors wonder how Tesla CEO Elon Musk will fund th...