The Yale professor who is monitoring companies that are still doing business in Russia following its unprovoked invasion of neighboring Ukraine has upped the ante by reclassifying the list into five categories with the fifth titled “digging in” — or defying public demands for exit. Some 39 companies, including Koch Industries Inc., packaging company Ball […]
What better time to invest in financials than at a time with rampant inflation and a Federal Reserve promising 11 rate hikes over the next two years? That’s not the view at Deuterium Capital, which is expecting a sharp slowdown in the economy. The Deuterium Global Dynamic Allocation Fund is mostly driven by a macroeconomic […]
Elon Musk has arrived in Europe where he is to launch the beginning of a new era of Tesla (TSLA) – Get Tesla Inc Report on the mainland. The electric vehicle maker which produced nearly a million vehicles in 2021 wants to step up a gear and produce more in the coming years. To achieve […]
Elon Musk is not known for standing up for his rivals. It’s quite the opposite because he doesn’t like being upstaged. The charismatic CEO of Tesla (TSLA) – Get Tesla Inc Report and SpaceX has just played, for a few tweets, the lawyer of one of the most serious rivals of Tesla, the manufacturer of […]
Elon Musk is not known for standing up for his rivals. It’s quite the opposite because he doesn’t like being upstaged. The charismatic CEO of Tesla (TSLA) – Get Tesla Inc Report and SpaceX has just played, for a few tweets, the lawyer of one of the most serious rivals of Tesla, the manufacturer of […]
Manufacturers with Russian ties are working to figure out how to survive, after sanctions leveled on Russia over recent weeks curb the flow of goods and money between the country and Western markets. Sanctions, and private companies’ moves to pull back from Russia, have upended operations for companies whose ownership and supply chains link back […]
Tesla’s (TSLA) – Get Tesla Inc Report bad week is ending on a positive note. Earlier this week, Tesla announced price increases across its entire range of vehicles. It was the electric vehicle maker’s second price increase this month after it increased the cost of some of its long-range models last week. Inflation is driving […]
The robots will take the most tedious, most dangerous jobs first, in most things. Trucking is no exception. Autonomous driving engineers are squarely focused on long-haul freight, the interstate runs with almost no complexity save for a slow curve or an E-ZPass lane. As such, those routes are some of the simpler challenges on the […]
Text size AMC Empire 25 Theater in Times Square, New York Dreamstime AMC Entertainment just struck gold. Literally. The movie theater company announced it has bought a 22% stake in Hycroft Mining Holding and its 71,000-acre gold and silver mine in northern Nevada. CMA (ticker: AMC) will invest $27.9 million in cash in Hycroft ( […]
“Markets appear to have been trafficking in an odd mix of hope, fear and uncertainty.” That was Mizuho Bank, summing up the state of play for markets since Russia’s invasion of Ukraine nearly three weeks ago. For Tuesday, China’s COVID-19 worries and tensions with the US are adding to the mix, with equities wobbling, and […]
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