Billionaire investors including Warren Buffett and George Soros made striking changes to their portfolios last quarter.David Einhorn’s Greenlight Capital took a stake in Disney, Dan Loeb’s Third Point tripled its Amazon holdings, and Seth Kla…
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Month: May 2020
Judge rules Musk’s ‘Tesla stock too high imo’ tweet troublesome, but not enough to sue
Remember when Tesla shares tanked by 10% moments after its CEO Elon Musk tweeted: Tesla stock price is too high imo? Turns out it was the final straw for a group of Tesla shareholders, whove used the fiasco as leverage in a potential lawsuit that seeks to st…
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Engineer finds Tesla Model 3 is secretly equipped with hardware for powering homes
Despite not being that keen on the idea in the past, Tesla seems to have made some of its vehicles capable of bi-directional charging, otherwise known as vehicle-to-grid charging. During a reverse engineering vehicle tear down, an engineer that works for a T…
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Market Snapshot: Dow futures gain as investors watch for earnings from Target, Lowe’s and Fed minutes
U.S. stock-index futures were pointing to modest gains on Wednesday as investors get set to review quarterly corporate results from retailers Target and Lowes. An account of the Federal Reserves most recent policy meeting, released later in the session, may a…
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Coronavirus update: U.S. death toll tops 90,000; Trump slams WHO, says he’s taking hydroxychloroquine to stave off COVID-19
The U.S. death toll from the coronavirus that causes COVID-19 rose above 90,000 on Tuesday, as President Donald Trump again threatened to cut off funding for the World Health Organization, accusing its leaders of failing to react quickly or aggressively enoug…
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