When three of tech‘s most iconic CEOs start cashing out, you’ve got to wonder – are they just diversifying, or do they see something the rest of us don’t? Bezos’ Billion-Dollar Dump: Just Another Tuesday? Jeff Bezos filed to sell 6.7 million Amazon.com Inc. (NASDAQ:AMZN) shares worth a cool $1.5 billion. It’s part of a […]
Lockheed Martin In Talks To Tap Untouched Pacific Mining Licenses Amid Global Mineral Push
Lockheed Martin Corporation (NYSE:LMT) is in talks with mining companies to enable the development of its licensed areas on the Pacific seabed. The move comes as global competition for critical minerals continues to intensify. What Happened: Lockheed Martin is in preliminary discussions with several companies to utilize its two eastern Pacific licenses. These licenses, secured from US regulators […]
XPeng Brings Ultra Smart, Ultra Fast EVs To Europe
XPeng (NYSE:XPEV) officially opened orders in Europe on Friday for its fully revamped G6 Ultra Smart Coupe SUV and G9 Ultra Smart Premium SUV, marking its latest move towards AI-driven electric mobility. Both models feature next-generation 800V architecture, super-fast charging, and cutting-edge AI tech, tailored for European consumers. XPeng built the new G6 and G9 […]
This Wingstop Analyst Begins Coverage on a Bullish Note; Here Are Top 5 Initiations for Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. WestPark Capital analyst Curtis Shauger initiated coverage on C3.ai, Inc. (NYSE:AI) with a Buy rating and announced a price target of $40. C3.ai shares […]
Ross Gerber Slams Trump’s Tax Plan As ‘Biggest…Scam Out There,’ Says It Threatens Clean Energy Future: ‘Big Ugly Bill’
Investment advisor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber, has sharply criticized the new tax cut bill – One Big Beautiful Bill Act, which was passed by the House and awaits pending approval from the Senate. What Happened: In an X post, Gerber labeled it “the big ugly bill,” accusing it […]
B. Riley Cashes In $66 Million Gain With GlassRatner Sale, Refocuses On Core Business
B. Riley Financial, Inc. (NASDAQ:RILY) shares are trading higher on Friday following the announcement of a strategic divestiture. The company sold its advisory divisions, GlassRatner Advisory & Capital Group, LLC and B. Riley Farber Advisory Inc., to funds managed by TorQuest Partners for $117.8 million. This deal is expected to result in a second-quarter gain […]
Bernie Sanders Slams Job Cuts, Says AI Should Give Workers More Time Off: ‘Instead Of Throwing You Out On The Street…’
Sen. Bernie Sanders (I-VT) is advocating for a 32-hour workweek, citing the potential for advancements in artificial intelligence and automation to provide workers with more personal time. What Happened: Sanders, in a recent appearance on the Joe Rogan Experience podcast, outlined his vision for a future where AI and automation drive increased productivity and efficiency, […]
Tesla Doubles Down On US — Elon Musk Plans Another $8 Billion Investment After Spending Nearly $10 Billion In 2024
Tesla Inc. (NASDAQ:TSLA) has revealed that it pumped nearly $10 billion into its U.S. operations during the last fiscal year and plans to allocate an additional $8 billion this year. What Happened: Tesla’s investment in the U.S. is part of its long-term strategy, with the company having invested around $44 billion in U.S.-based facilities and infrastructure since its inception, […]
Newsletter
Tesla Bull Urges Investors To Do Their Own Research: ‘…CEOs Are Paid To Be Optimistic…’
December 30, 2024
The Future Fund LLC Managing Partner Gary Black on Sunday urged investors to do their own research instead of relying on comments from company management before making investment decisions. What Happened: The Achilles heel of many smart investors is they accept what company managements tell them rather than do their own independent research. Black said […]
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