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Tesla Falls 6% As Hedge Funds Carry Out ‘Trump Trade’ Rebalancing, Gary Black Says President-Elect Could Help Secure Robotaxi Approvals
Black noted that Tesla’s forward earnings estimates have remained largely unchanged, with fiscal year 2025 and 2029 projections increasing by less than 1%. read more
Bitcoin, Ethereum Consolidate, Dogecoin Surges As Election Rally Takes A Breather: Analyst Says Pullback ‘Typical’ For Healthy Market
Leading cryptocurrencies cooled down from their blistering election run Tuesday, although Bitcoin briefly hit the $90,000 milestone. read more
Amazon Confirms Vendor Data Breach Affecting 2.8M+ Employee Contacts, Adds To Growing List Of MOVEit Hack Victims (UPDATED)
Amazon confirmed a data breach via a third-party vendor tied to the MOVEit hack, compromising employee contact information and highlighting risks associated with third-party vulnerabilities. read more
Elon Musk Says The ‘Prophecy Has Been Fulfilled’ — Peanut The Squirrel-Themed Meme Coin Spikes 11%
Tech mogul Elon Musk invoked a six-year-old meme to highlight how pet squirrel ‘Peanut’s’ death changed the course of the 2024 U.S. elections, causing the price of the associated meme coin to jump 11%. What happened: In an X post on Tuesday night, Musk wrote, “The prophecy has been fulfilled,” responding to an old Reddit…
MARA Holdings, SoundHound AI, Spotify, Rivian, Tesla: Why These 5 Stocks Are On Investors’ Radars Today
On Tuesday, the U.S. stock market ended the day on a lower note, with the Dow Jones index dropping by more than 380 points. The Dow traded down 0.9% to 43,910.98, while the NASDAQ fell slightly by 0.1% to 19,281.40. The S&P 500 also experienced a dip, falling 0.3% to 5,983.99. read more
Trump Appoints Elon Musk And Vivek Ramaswamy To Lead ‘DOGE,’ Aiming to Slash Bureaucracy And $6.5 Trillion Federal Spending: ‘We Will Not Go Gently’
President-elect Donald Trump announced Tuesday his plan to appoint Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and former presidential candidate Vivek Ramaswamy to lead a new Department of Government Efficiency (DOGE), aimed at restructuring fede read more
Greg Brockman Returns To Work At ChatGPT’s Parent Company: ‘Back To Building OpenAI’
OpenAI co-founder Greg Brockman has resumed his role after a three-month leave, returning during a time of notable executive departures and a soaring valuation of $157 billion. read more
Safe Harbor Financial’s $3.3M Comeback: Turning Losses Into Profit Despite Revenue Drop
“Our strategic priorities focused on innovation, operational excellence, and client service,” said CEO Sundie Seefried. read more
Chamath Palihapitiya Says Cut The Federal Budget By Trillions And Then Do This With A ‘Fraction’ Of The Money To ‘Make America Great Again’
Chamath Palihapitiya proposed on X to cut trillions from the federal budget for nationwide internet access, aligning with Trump’s and Musk’s cost-cutting goals after Trump’s 2024 win. read more
Sustainable Investment Under Trump: ‘Performance Matters Far More Than Politics,’ JPMorgan Analyst Says
JPMorgan analyst Virgina Martin Heriz weighs in on the potential impacts of a second Trump presidency on sustainable investing. read more