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Tesla stock is ‘egregiously overvalued': analyst

Tesla (TSLA) stock took a nosedive after the electric vehicle giant posted a first quarter revenue and profit miss, and gross margins that dipped belo...

April 23, 2023, 12:49 am

2023 layoff tracker: lyft will cut 1,200 jobs

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 21, 2023, 1:12 pm

Tesla earnings meet expectations for q1 but gross profits slip as carmaker slashed prices

Tesla's latest earnings are another reminder that investing in tech is a high-risk, high-reward game....

April 21, 2023, 12:44 pm

Lyft slashing at least 1,200 jobs in another round of layoffs: report

The latest layoffs could affect 30% or more of Lyft's over 4,000 employees, the report said....

April 21, 2023, 12:24 pm

Buzzfeed news shuttered in significant workforce reduction

Buzzfeed Inc (NASDAQ:BZFD) has shut down its News division has been shut down as part of a move that saw its parent company ...

April 20, 2023, 1:48 pm

Blackstone's real estate aum jumps as pe firm cuts dividend

Blackstone (NYSE: BX) slashed its dividends as its quarterly revenue and profits plunged in Q1. In a st...

April 20, 2023, 8:21 am

Tesla revenue and profits fall after slashing car prices

Tesla helped kick off an EV price war. Now, those lower prices are hitting the company's sales and profits....

April 19, 2023, 5:01 pm

Tesla vehicle price cuts hit margins in 1q

The impact of Tesla's strategy of slashing the prices for its electric vehicles to drive up demand has ...

April 19, 2023, 4:42 pm

Former wework office building in san francisco sees value slashed by about 66%

A former San Francisco WeWork building has seen its property value slashed by about 66%, according to T...

April 19, 2023, 3:38 pm

Disney set to slash thousands of jobs next week

The Walt Disney Company (NYSE:DIS) is planning to eliminate thousands of jobs next week, including about 15% of its entertainment division staff, Bloo...

April 19, 2023, 1:08 pm

2023 layoff tracker: latest meta cuts could hit 4,000

Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic ...

April 19, 2023, 11:20 am

Rivn stock alert: rbc just slashed its rivian price target in half

Rivian Automotive (NASDAQ: RIVN ) stock is a hot topic on Wednesday after getting its price target cut in half by RBC Capital Markets. In a note to cl...

April 19, 2023, 10:07 am

Meta to slash jobs across its 3 social platforms

Meta is reportedly readying layoffs that will impact its flagship social media platforms. The company told managers to be prepared for layoff announce...

April 19, 2023, 8:52 am

Tesla's price war could hit its profits

Tesla will report earnings after the market closes Wednesday. The car maker's decision to slash prices ...

April 19, 2023, 1:00 am

: meta expected to announce latest round of layoffs wednesday

Facebook parent Meta Platforms Inc. is expected to slash more jobs on Wednesday, the company’s latest...

April 18, 2023, 11:00 pm

Netflix may shrug at writers' strike after slashing content spending in first quarter

Netflix cut its spending on content by more than $1 billion during the first quarter....

April 18, 2023, 5:59 pm

Meta to lay off 4,000 this week: report

Facebook parent Meta Platforms Inc. META, -0.44% is expected to slash another 4,000 jobs on Wednesday, ...

April 18, 2023, 5:49 pm

Nio says it won't join the 'price war' and slash prices like tesla

Chinese electric car company Nio will keep its prices high rather than cutting them, CEO William Li told CNBC in an interview....

April 17, 2023, 10:47 pm

Tesla margins in focus as ev price war kicks into high gear

Tesla Inc's first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker ...

April 17, 2023, 6:30 am

A low-volatility investor sells apple and ge stock, buys altria

Gateway Investment trimmed its Apple holdings, slashed its GE stake, and bought more Altria stock in th...

April 16, 2023, 8:00 am


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