BROOKLYN — Mini is busy underwriting the future of (hip) American cities with its pocketbook. Mini’s US arm is behind a startup incubator, the Urban-X Accelerator, helping polish fledgling companies that may make the city of the future even more livable. Even…
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Uber’s Ugly Market Debut, The Next Cambridge Analytica? Musk Faces Trial Over Tweet: Your Daily Dozen Briefing
The topline of todays news: Uber has earned the unwelcome accolade of the worst NYSE debut for any tech company in a decade, Facebook’s lawsuit against Korea’s Rankwave hints at bigger problems, Elon Musk must settle or go to court over his ‘pedophile’ tweet.…
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Uber shares continue slide after IPO as tech stocks hit by China trade fears
Shares in Tesla, which has secured deals to build a new factory in China, also fell by 5pc. Wedbush Securities analyst Ygal Arounian said investors were continuing to grapple with the valuation of Uber amid trade tensions and market choppiness. Uber’s share…
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Insider Weekends: A Second Insider Of UnitedHealth Purchases Shares
Insider buying nearly doubled last week with insiders purchasing $109.5 million of stock compared to $57.84 million in the week prior. Selling also increased with insiders selling $1.26 billion of stock last week compared to $1.17 billion in the week prior. A…
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Tesla Trapped Itself With A 90,000+ Deliveries Guidance For Q2 2019
In the Q1 19 shareholder letter published on April 24, Tesla (NASDAQ:TSLA) provided guidance for the second quarter of 2019 from 90,000 to 100,000 vehicles delivered. Based on previous quarters and April/early May delivery statistics, I find this guidance uto…
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