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News, Technology News, Transportation News

BYD Surpasses 3 Million Electric Vehicles in 2023, Challenging Tesla’s Dominance

By Godfrey Benjamin Jan 2, 2024

China remains a pivotal market for electric vehicles, with BYD’s sales accounting for a sizable portion. Tesla, despite its global presence, relies on China for around one-fifth of its sales in the quarter ending September 30th.

Market News, News, Stocks

Bitcoin Miner Marathon Digital (MARA) Stock Tops US Trading Charts

By Godfrey Benjamin Dec 28, 2023

Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market.

Business News, Indices, Market News, News, Stocks

Stock Futures Move Higher as Traders Await Today’s Fed Rate Policy Decision

By Tolu Ajiboye Dec 13, 2023

The gains have come while traders await the conclusion of the final Fed meeting of 2023.

Bitcoin News, Business News, Cryptocurrency News, Market News, News

Bitcoin Overtakes Tesla, Berkshire Hathaway Stock to Become Top 10 Asset

By Tokoni Uti Dec 4, 2023

Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.

Bonds, Business News, Commodities & Futures, Indices, Market News

Dow Futures Slightly Up after closing at New 2023 High, Treasury Yields Remain Flat

By Tolu Ajiboye Dec 1, 2023

Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year.

Business News, Market News, News, Stocks, Technology News

TSLA Share Price Down 2% as Tesla Holds Cybertruck Event

By Bhushan Akolkar Dec 1, 2023

Tesla opens up bookings for its much-awaited Cybertruck with the rear-wheel drive version starting at $60,990 and a starting 250 mile range.

Business News, Indices, Market News, News, Stocks

Stock Market Surges on Inflation Optimism: Wall Street Celebrates

By Godfrey Benjamin Nov 15, 2023

Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting.

Artificial Intelligence, Business News, News, Transportation News

Elon Musk Warns AI Could Render Jobs Obsolete 

By Chimamanda U. Martha Nov 3, 2023

Despite the potential negative impacts of AI, Musk also believes that AI would be a force for good and could even serve as a great friend and companion to users. 

Business News, Market News, News, Stocks, Technology News

Tesla (TSLA) Stock Down 5% amid Panasonic Cutting Battery Production

By Darya Rudz Oct 31, 2023

As a result of all the challenges faced by Tesla, its long-time partner Panasonic is also bearing losses. It has lowered its full-year operating profit forecast for its battery unit to ¥115 billion ($771 million) from ¥135 billion, as the demand for Tesla EVs in North America slowed down.

Business News, Market News, News, Stocks, Technology News

Ford Misses Wall Street Expectations for Q3 2023 amid Pending Deal

By Bhushan Akolkar Oct 27, 2023

The recent work stoppage by the United Auto Workers (UAW) union impacted the company’s ability to meet its financial targets.

Altcoin News, Blockchain News, Business News, Cryptocurrency News, Market News

Magnificent Seven Stocks Lose $280 Billion as Crypto Market Spikes

By Tolu Ajiboye Oct 26, 2023

The crypto market’s largest assets have noted significant increases even as giant Magnificent Seven tech stocks plunged yestereday.

Business News, Market News, News, Stocks, Technology News

Nikola (NKLA) Stock Gains Neary 9% after Founder Trevor Milton Was Ordered to Repay $165M

By Steve Muchoki Oct 25, 2023

Nikola is expected to report its third-quarter earnings result on November 2, amid a push by the management to make the company profitable.