Investors worried about rising competition caused shares to plummet. Tesla cut Monday’s prices in China for its cars, an indication of increasing competition in the largest market for automobiles in the world. This led to a plunge in shares. The Model 3 sedan was offered by Tesla’s Chinese website on Monday at a price starting at 265,900 …
Delaware judge gave Musk until October 28th to close the deal. Although the trial was scheduled to begin in less than a week it could still take place in November. The surprise return of Elon Musk to the bargaining table at Twitter this week might have been just the beginning of the long-running struggle for …
Judge grants Elon Musk’s request to delay his trial with Twitter Read More »
After trying to cancel a $44 million deal to buy the company, the billionaire made a surprise move. The drama and scale of the months-long battle to get Twitter bought by Elon Musk were immense. It is one of the most significant deals in the tech industry and has captured the imagination of the public …
Elon Musk suggests that Twitter be bought at its original price Read More »
Although the electric carmaker is expanding quickly, investors are concerned that sales may slow due to higher interest rates and prices. Tesla reported Wednesday a huge jump in its quarterly profit, as electric car sales soared over the three months ending in September. The electric car maker reported that it earned $3.3 billion in its …
Tesla Reports Strong Profits in the Third Quarter Read More »
Bond markets are in turmoil with the lowest performance in years. International bonds could help your portfolio get through the volatility. International bonds can confuse even the most experienced investors. In addition, consider the unstable global situation, including a pandemic or war and it’s not surprising that the majority of people avoid them. away from them. But international bonds …
Is ti worth investing in international bonds during 2022 Read More »
There has been much talk about the metaverse since Facebook changed its name to Meta. The metaverse, which is bigger than Facebook, has been a rapidly-growing trend that will impact every aspect of culture entertainment marketing. This is why every marketer or business owner who promotes any product online should be aware of the exciting developments in …
Profits for the quarter fell 8 percent, or $10.3 billion, down from one year earlier. The stock of Meta fell approximately 22 percent in late-night trading. Mark Zuckerberg said his company was planning to go all-in on the metaverse in the past year. He spoke on Wednesday and laid out the costs associated with making the change. Meta The …
Meta has spent $10 billion on its metaverse by 2021. This was dragging down the profits. Read More »
The social media network, which is under controversy for spreading false information as well as other issues, stated that the change was part of its gamble on the next frontier of digital technology, dubbed the metaverse. SAN FRANCISCO — Facebook became famous over the last two decades thanks to some of the most well-known brands …
The company’s earnings and revenue outperformed Wall Street expectations, easing worries that supply chain issues and coronavirus issues affected sales. Apple has escaped the supply chain problems in 2021, which shook up the global electronics market as well as other industries. Apple announced on Thursday an increase of 11 percent in revenue as well as …
The global demand for tea is increasing despite challenges to sustainability Tea is a beverage that’s infused with dried leaves that is derived in the leaves of tiny tree that originated from China It has grown to become the second-most popular beverage , after water and has 3 billion cups being consumed every throughout the …
Global Demand for Tea Is Growing Despite Sustainability Challenges Read More »
