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Tesla stock is set to drop as Elon Musk's $56 billion pay package unlikely to get approved, Wall Street analyst says
"This pay package is ridiculous, and I know he's mad, he'll say I'm absurd to say that. I'm sorry E…
Matthew Fox
Stock investors are betting big on the 'Magnificent 7' and a slew of interest-rate cuts in 2024. They're likely to be disappointed, Morgan Stanley's CIO says.
Big Tech stocks face tough comparisons and muted earnings growth next year, and the Fed may limit r…
Theron Mohamed
The pain isn't over for stocks - weak earnings will drag the S&P 500 down another 8%, Morgan Stanley CIO warns
Big Tech giants Microsoft, Alphabet, Meta and Amazon are all set to publish their quarterly earning…
George Glover
Tesla could still fall more than 60% if it's valued as a traditional automaker like Ford or General Motors, CIO says
If Tesla was valued 3x as much as Ford, it would be worth $135 billion, representing an 89% decline…
Matthew Fox
'Another train wreck' earnings call: How Wall Street is reacting to Tesla's sobering 4th-quarter report
"We were dead wrong expecting Musk and team to step up like adults in the room," Dan Ives of Wedbus…
Jennifer Sor
Former Tesla CIO raises $150 million for his SaaS automotive retail startup, enters the unicorn club
The latest funding comes from global private equity investor Advent and also saw participation f…
Cathie Wood's flagship Ark fund plummets 7% as tech sell-off deepens
Benefitting from Wood's ETF slump, however, is the Tuttle Capital Short Innovation ETF, which launc…
Isabelle Lee
Just buy more Tesla stock if you want to cash in on the ChatGPT-driven surge for AI tech, Cathie Wood says
Wood expects the electric carmaker's share price to surge eightfold in five years thanks to investo…
George Glover
Elon Musk on Saudi 'ass-covering' and 10 other things the Tesla boss said to defend himself in the 'funding secured' trial
Elon Musk has given testimony in a trial over allegations of securities fraud. Here are 11 things w…
George Glover
Tesla will climb 8% to street-high price target of $900 as stock rally boosts fundraising, Bank of America says
The automaker can fund new factories with stock offerings, increase deliveries, and repeat the cycl…
Ben Winck
Elon Musk has authorized at least 17 senior execs from Tesla, SpaceX, and The Boring Company to work at Twitter, report says
SpaceX CFO Bret Johnsen and Tesla CIO Nagesh Saldi are among the Musk execs authorized to work at T…
Kate Duffy
Wall Street's biggest Tesla bear boosts his price target after 3rd-quarter deliveries, but still says the stock is a 'sell'
JPMorgan said Tesla's third-quarter delivery beat was primarily driven by China, "which could carry…
Matthew Fox
Bitcoin is too vulnerable to Elon Musk's tweets to put money in, Kleinwort Hambros investment chief says
"Any asset class that basically moves 10% based on one guy's tweets is not fit for purpose," the in…
Harry Robertson
Politicians, union groups slam Elon Musk over taxes after he tweets asking for sketch ideas for his 'SNL' appearance
Politicians, unions, and journalists suggested Elon Musk should pay higher taxes, donate part of hi…
Kate Duffy
MicroStrategy CEO Michael Saylor says his casual Twitter exchange with Elon Musk in December prompted Tesla to buy bitcoin
A little over a month after their casual chat, Tesla revealed its biggest bitcoin endorsement to da…
Shalini Nagarajan
Bitcoin breaks $50,000 for the first time as record-shattering 2021 rally extends to 74% amid Wall Street adoption
Bitcoin rose to $50,547.70 on Tuesday. Interest from firms such as BNY Mellon and JPMorgan fueled t…
Harry Robertson
What you need to know in markets this week: Bitcoin and beyond; 'Hey big spenders' - what the funds did with their cash; a platinum opportunity?
Tesla bought $1.5 billion in bitcoin - is it mainstream yet? Also, we'll look at what the big hedge…
Amanda Cooper
XRP jumps 15%, while bitcoin and ether trade near record highs as Tesla, BNY Mellon and Mastercard warm to cryptocurrencies
Interest in cryptocurrencies from Tesla, Mastercard and BNY Mellon is boosting XRP, bitcoin, and Et…
Harry Robertson
Bitcoin-holders MicroStrategy and Galaxy Digital soared last week after Tesla bought $1.5 billion. Will other companies now follow suit?
Analysts said Tesla is taking a risk with its $1.5 billion bitcoin investment. But Michael Novograt…
Harry Robertson
Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest
Treasury secretary Janet Yellen said cryptocurrencies like bitcoin have been "used to launder the p…