Bentley Motors intends to discontinue manufacturing of its 12-cylinder engine in April of next year as the renowned luxury carmaker moves to electric vehicles. The […]
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Here’s what to expect from Walmart’s holiday-quarter earnings report, which will be released before the market opens
Walmart will show its holiday quarter earnings on Tuesday morning, as investors and economists try to scope the health of the American consumer. Here’s what […]
The inventor of the World Wide Web describes Crypto as “dangerous” and compares it to gambling
Tim Berners-Lee, the inventor of the World Wide Web, described cryptocurrency “dangerous” and associated it to gambling in an episode of CNBC’s “Beyond The Valley” […]
Oil prices are on track to end the week lower due to concerns about a rate hike in the United States
Oil prices were heading for their weekly losses as strong U.S. economic data raised concerns about whether the Federal Reserve would further revise or tighten […]
Following strong economic data, Wall Street closed higher whilst the dollar gained
Wall Street’s three major indexes closed higher on Wednesday and the dollar soared along with the U.S. Treasury yields after U.S. retail sales data for […]
Last year, Musk donated approximately $1.95 billion in Tesla stock
Tesla CEO Elon Musk gave stocks worth $1.95 billion in the world’s most valuable automaker to charity in the previous year, a filing with the […]
Oil prices fall on the release of U.S. crude oil reserves
On Tuesday, oil prices fell after the U.S. government said it would free more crude from its Strategic Petroleum Reserve (SPR) as mandated by lawmakers, […]
Stock futures fell on Sunday night as Wall Street tries to recover from a rocky week
On Sunday night, Stock futures in the United States were lower after the S&P 500 and Nasdaq suffered their worst week in nearly two months. […]
According to Jim Cramer, price stability is just around the corner
On Thursday, CNBC’s Jim Cramer stated that the Federal Reserve is closer to winning its war against inflation than Wall Street might think. “Price stability… […]
Tesla shares slid nearly 9% on demand concerns and Elon Musk’s Twitter distraction
Experts became extremely worried about Tesla’s future as the company’s stock fell nearly 9% on Thursday. The stock is down by almost 70% year-to-date. Canaccord […]