On Monday, Tesla valuations dropped under $1 trillion during the trading hours before recovering back. This happened as Musk hinted at selling more TSLA stock in his chat with Bernie Sanders.
The Disney+ subscriber growth has slowed down putting downward pressure on the stock price. Analysts share mixed views on the Disney stock.
Walt Disney (DIS) is looking forward to a more profitable year ahead, a goal it is willing to hit with its current product diversification efforts.
EV carmaker Rivian automotive makes a stellar debut on Wall Street with its shares skyrocketing 30% on the first day of listing.
The Singles Day shopping event has grown to become an avenue where all e-commerce service providers struggle to win a good market share.
Coinbase misses third-quarter revenue estimates as trading volumes plunge during the low volatile summer. The company’s CFO Alesia Haas shares the future outlook for the crypto exchange.
Elon Musk offloaded a substantial amount of Tesla stock to meet tax obligations, driving TSLA price down more than 10%.
Seeing the inflation data, investors appear to take capital away from some sectors of the stock market like tech and pump it into other sectors.
Netflix comes off as one of the few game launchers that have found a soft landing with Apple as the company has a very strict emphasis on privacy.
PayPal unveiled a disappointing forecast for its next earnings citing reasons for consumer spending descrease.
Tesla stock has gained approximately 149.42%, 45.04%, 44.16%, and 27% in the past year, YTD, three months, and one month respectively.
Peloton stock has dropped by approximately 51%, 66%, 54%, 40%, and 42% in the past year, YTD, three months, one month, and five days respectively.
The reported revenue growth is said to be fueled by PayPal’s services diversification in various markets.
Roblox noted that bookings increased by 28% from the third quarter of 2020 to $637.8 million.
Uber noted that its gross bookings reached an all-time high of $23.1 billion, up 57% YoY.