June 13, 2025
“GameStop (GME) stock plummeted more than 23% Thursday after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds. In other words, GameStop is raising cash from investors by issuing debt in the form of… Continue Reading…
June 10, 2025
“Tesla (TSLA) stock is charging higher for a third trading session in a row as the company’s robotaxi rollout gains steam and the war between CEO Elon Musk and President Trump cools off… Tesla stock was up about 2% in… Continue Reading…
May 28, 2025
“Japan’s Nippon Steel is expected to close its acquisition of U.S. Steel for $55 per share, sources familiar with the matter told CNBC’s David Faber. President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.” Trump… Continue Reading…
May 28, 2025
“Tesla sold 7,261 cars in Europe in April, down 49% year on year, according to the European Automobile Manufacturers’ Association. Tesla brand equity has been declining since 2024 owing largely to CEO Elon Musk’s incendiary political rhetoric and government work.… Continue Reading…
April 15, 2025
“…Here’s what the company reported: The company said earnings rose 26% to $4.32 billion, or $2.60 per share, while revenue climbed 17% to a record $17.74 billion…” https://www.cnbc.com/2025/04/11/morgan-stanley-ms-q1-2025-earnings.html
April 15, 2025
“…Citi’s markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain. Equity revenue surged 23%, buoyed by more client activity. Fixed income revenue, a major driver of Citi’s markets business, jumped… Continue Reading…
April 2, 2025
“…It was Tesla’s worst production and delivery report in three years. Analysts had expected Tesla to report deliveries in the quarter of 377,592 vehicles, down from 386,810 vehicles a year ago, according to a consensus of 27 analyst estimates compiled by Tesla.… Continue Reading…
March 27, 2025
“…The meme stock jumped 11.7% Wednesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet… https://www.cnbc.com/2025/03/25/gamestop-says-it-will-add-bitcoin-as-a-treasury-reserve-asset.html “GameStop shares drop 12%, reversing Wednesday’s rally, on planned debt issue to buy bitcoin The… Continue Reading…
March 10, 2025
“Last week, it was announced that President Donald Trump’s new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt… Continue Reading…
February 24, 2025
“European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion). The offer valued Just Eat’s shares at 20.3 euros each, representing a premium of 63%… Continue Reading…
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