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“#Tech stocks rebound as Nasdaq jumps over 3 percent” US stocks advanced on Tuesday, with the Nasdaq jumping over 3 percent to recoup its losses in the previous session as US bond yields retreated and investors picked up battered technology stocks. Among the biggest boosts to the S&P 500 and the Nasdaq were Tesla, Apple,…
“#Tesla building huge battery linked to Texas power grid: report” Tesla is building a giant battery that will be plugged into the Texas power grid that got devastated by last month’s winter storm, a new report says. A subsidiary of the electric-car maker called Gambit Energy Storage is quietly working on the massive facility in…
“#Elon Musk’s fortune loses $27B as Tesla stock plunges: report” Tesla chief Elon Musk’s fortune reportedly shrank by $27 billion last week as the electric-car maker’s staggering stock rally was thrown into reverse. Musk suffered the hefty paper loss between Monday and Friday as a selloff in big tech stocks drove Tesla’s share price down…
“#Could Elon Musk’s brain chips make us all as smart as he is?” Elon Musk’s brain isn’t like most people’s. When he isn’t content with how something works, he reinvents it: cars, rockets — and now, cities. This week, he announced he’s planning a new town in south Texas called “Starbase.” The idea is to…
“#Cryptocurrency trading surged amid Tesla bitcoin buy” Cryptocurrency trading surged to record levels in February as the price of bitcoin swung wildly following Tesla’s $1.5 billion investment, new data show. Crypto trading volumes soared 17 percent to more than $2.7 trillion last month as the electric-car maker and other major companies started to embrace digital…
“# Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s ” A former equities CIO of Goldman Sachs drew an strong response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The price of TSLA shares have fallen 28% from $863.42 to $621.44, since news broke on…
“#Longtime Tesla investor Ron Baron dumps 1.8 million shares” Billionaire Tesla bull Ron Baron recently sold about a quarter of his company’s stake in the electric-car maker — but not, he claims, because he thinks the stock is too pricey. Baron told CNBC that his firm dumped 1.8 million of its 8 million Tesla shares in…
“# Watershed moment? Bitcoin price exceeded all expectations in February ” In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month. The flagship…
“# DOGE literally to the moon? Elon Musk teases lunar Starship test ” Heavily pumped by Elon Musk’s tweets, Dogecoin may be the first cryptocurrency to literally reach the moon following an aborted launch of a SpaceX ship. The aerospace company attempted to launch its Starship SN10 vehicle today from SpaceX’s facility in Boca Chica,…
“#SEC probe of Dogecoin tweets would be ‘awesome’” Elon Musk is ready for a rematch with the Securities and Exchange Commission. The billionaire Tesla chief appeared to welcome rumors that the agency was probing his Twitter posts about Dogecoin, his favorite meme-inspired cryptocurrency. “I hope they do! It would be awesome,” Musk tweeted Thursday, adding…