Berkshire Hathaway just bought its first Amazon shares but Warren Buffet said it wasn’t him who did it even though he publicly praises both Amazon and its CEO Jeff Bezos.
According to China’s Association of Automobile Manufacturers, Chinese citizens will buy at least 1.6 million electric vehicles this year. Tesla, on the other hand, lost $700M+ in the last quarter. Is it a real competition or just buying opportunity for Tesla stocks?
Equity crowdfunding platform SeedInvest has managed to receive FINRA approval to operate an alternative trading system (ATS).
Amazon reported better-than-expected Q1 profits Thursday but is experiencing slower revenue growth. That slower growth comes after growth in the segment was triple-digit or near-triple-digit for four consecutive quarters.
Microsoft reported strong third-quarter results as its commercial cloud revenue hit a $38.4 billion run rate joining an exclusive club whose only membership requirement is a market capitalization value of $1 trillion or more.
Ford Motor has agreed to invest $500 million in Rivian, an electric-car start-up that is widely seen as a potential rival to Tesla in order to accelerate its efforts to field a range of electric cars and trucks. TSLA stock reacts immediately.
It seems that Tesla is planning to push towards ride-hailing industry, competing with companies such as Uber and Lyft.
A lot of things had happened in Hollywood in the eight years since HBO first brought the war between the Starks, the Lannisters and the White Walkers to television screens around the world.
Uber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday.
SpaceX’s Falcon Heavy rocket, the most powerful vehicle flying today, just launched its first-ever mission for a paying customer. It was also the first time SpaceX managed to land all three rocket boosters after launch.
Uber Technologies Inc announced that they will seek to sell around $10 billion (£7.7 billion) worth of stock in its initial public offering, and will make public the registration of the offering on Thursday.
After Lyft and TradeWeb went with their IPOs, another big company decided to do the same. Pinterest has already begun to prep for this by slashing its IPO target by billions of dollars.
Amazon founder and CEO Jeff Bezos will keep 75% of the shares in the ecommerce giant that were jointly held with his wife, MacKenzie — and he retain full voting control of all of the couple’s shares — after the two finalized terms of their divorce.
About 63,000 Tesla vehicles were delivered to customers in the first three months of 2019 – a 31% drop compared to the prior quarter. Tesla (TSLA) stock sinks sharply.
Goldman Sachs analyst is sure, Netflix (NFLX) stock is all set to soar 80% in a year from now. Here’s a look into how Netflix will lead the video-streaming industry which is likely to see stiff competition in the next few years.