Musk was expected to be appointed to Twitter’s board of directors on Saturday. However, the billionaire informed Twitter that Musk wouldn’t actually be taking over the seat on the board. Andrew Burton | Getty Images News | Getty Images TwitterDirector Egon Durban will not resign from the board, even though the shareholder vote voted against […]
Tag: Tesla Inc
Gap, Apple, Tesla, Netflix, Citi, CVS, Ulta
The following are Friday’s top Wall Street calls: Jefferies Upgrades Ulta To Buy From Hold Jefferies indicated that the company is now more positive on Ulta shares. “We are reframing our thesis, upgrading to Buy with an ‘all clear’ signal re: make-up recovery, favorable channel shift, share gains, leverage on tighter costs & inventory, embedding […]
Twitter shareholders sue Elon Musk and Twitter over chaotic deal
Getty Images| Lightrocket | Getty Images TwitterElon Musk and Twitter are being sued by shareholders for their handling of the chaotic acquisition process. This has led to volatility in Twitter’s stock prices. The Tesla and SpaceX CEO revealed a significant stake in Twitter on April 4, and ten days later proposed a buyout for $44 billion, or $54.20 […]
Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon
The following are Thursday’s top Wall Street calls: Morgan Stanley reiterates Apple’s overweight status. Wednesday evening, Morgan Stanley wrote that the reports about iPhone 14 delays were exaggerated. According to our supply chain checks, delays don’t occur. Looking at previous flagship iPhone launches, we see that there is minimal impact on FY shipments and stock […]
Jefferies cuts Tesla price target, cites 'uncomfortable pile up of negative news'
Despite recent performance, the firm maintains a Buy rating for Tesla shares.
Elon Musk backs ‘tight’ background checks for all gun sales in wake of mass shooting in Texas
Elon Musk talks on stage at the Westworld Features Session of SXSW Austin Convention Center March 10, 2018, Austin. Getty Images| HBO | Getty Images Tesla and SpaceX CEO Elon Musk called for “tight” background checks for all gun purchases while also backing gun ownership as a “safeguard” against political tyranny — a day after a lone […]
Booster making renewable fuels accessible in ways gas station cannot
Booster provides fuel direct to fleet vehicles Courtesy of Booster Fuels Inc. Fuel delivery company Booster started out filling commuters cars at work. However, after the Covid pandemicFrank Mycroft, CEO of Booster, says that many people have moved to remote jobs. The company has increased its business refueling commercial vehicles fleets to ensure drivers can […]
Tesla, Best Buy, Apple, Amazon
The following are Wall Street’s most important calls Wednesday. Oppenheimer upgraded CME to perform from perform Oppenheimer claimed that CME was a great defensive play during a bearish market. CME is being upgraded from Perform, to Outperform. We also introduced a target price of $223. We assume that neither recession nor extreme events are likely, […]
Andreessen Horowitz raises $4.5 billion crypto fund in down market
Chris Dixon, general partner at Andreessen Hoowitz, talks about cryptocurrency in the TechCrunch disrupt forum, San Francisco, October 2, 2019. Kate Munsch | Reuters Andreessen Horowitz will invest millions of dollars in crypto startups while the digital asset markets are stuck in a rut. Silicon Valley’s Andreessen announced Wednesday that a new $4.5B fund was […]
Electric vehicles are in short supply. Here’s what you can find as gas prices soar
Charging port for a Ford Motor Co. Mustang through the Washington Auto Present in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Pictures As fuel costs hit document highs, some Individuals is likely to be tempted to go electrical and ease the ache on the pump. However discovering a shiny, new […]