NEW YORK On Wednesday, investors in the New York Stock Exchange were relieved to react to significantly weakened inflationary pressure in the United States. The leading Dow Jones Industrial index rose 1.63 percent to 33,309.51 points. The market-wide S&P 500 index gained 2.13 percent. up to 4210.24 points The tech-laden and interest-rate sensitive Nasdaq 100 … Read more
According to his own statements, the Tesla boss wants to prepare for the fact that Twitter may force a recently bankrupted takeover deal. This is the biggest sale of Musk shares so far – a buyout is not out of the question. Austin Tesla boss Elon Musk has sold billions worth of shares in the … Read more
Anyone who bought an iron online can just send it back soon if they don’t want one anymore. Once you’ve signed a deal to buy a billion-dollar company, it’s not that easy to get out of there. Elon Musk tries anyway. The 51-year-old Tesla boss and billionaire tries to cancel the purchase of the social … Read more
NEW YORK After a few changes, the Dow Jones Industrial lost 0.14 percent to 32,798.40 points. The market-wide S&P 500 index fell 0.28% to 4118.63 points. The Nasdaq 100, which is heavily stocked with tech stocks, fell 0.06 percent to 12,940.78 points. However, July was extremely strong for the stock exchanges: the Dow rebounded by … Read more
Herbert Diess resigns from Volkswagen management. What does this mean for the course of the largest German company? Wolfsburg. After all, that was probably a problem, one argument too many. It is said that Herbert Diess has almost been fired twice as CEO of VW. The surprising news came Friday night: the busy CEO, often … Read more
Elon Musk wanted Twitter and then didn’t – it caused some confusion in the group. However, there is a plus in the number of users. San Francisco Twitter saw revenue drop and a sizable loss in the last quarter amid a stormy attempt to take over tech billionaire Elon Musk. Revenue fell 1% year-on-year to … Read more
AUSTIN Tesla was slowed down in the last quarter by corona blockades in China and supply chain problems. However, the electric car pioneer expects to return to a record course in the second half of the year. The ambitious goal of delivering around 50 percent more cars than in 2021 remains. Demand for Tesla vehicles … Read more
Anyone who bought an iron online can just send it back soon if they don’t want one anymore. Once you’ve signed a deal to buy a billion-dollar company, it’s not that easy to get out of there. Elon Musk tries anyway. The 51-year-old Tesla boss and billionaire tries to cancel the purchase of the social … Read more
By May 16 at the latest, it should be clear to everyone involved that the drama around Elon Musk and Twitter is going to end badly. “Let’s talk about spam,” Twitter boss Parag Agrawal began, explaining in a dozen tweets how his company tries to distinguish real accounts from so-called bots. Musk’s entire reaction was … Read more
The following rule of thumb for Twitter’s short message service: Anyone who wrote something stupid – and this is often the case on Twitter – will sometimes want to undo it and can also delete the post with a single click. The man who actually agreed to buy Twitter is also trying to hit the … Read more