Tesla shares tumble after company misses delivery target
Shares of Tesla tumbled more than 12% Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
Jan 3, 2023
0
5
Business
Page 9 - News tagged with market value
Business
Elon Musk tells investors he'll pause on Tesla stock sales
CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk's ...
Dec 23, 2022
0
40
Business
Musk says Twitter in precarious position, defends cost cuts
Elon Musk is defending his massive cost-cutting at Twitter as necessary for the social media platform to survive next year, due in part to debt payments tied to his $44 billion takeover of the company.
Dec 21, 2022
0
7
Security
Hackers leak Australian health records on dark web
Hackers have followed through on a threat to leak sensitive medical records stolen from a major Australian health company that counts the country's prime minister among nearly 10 million customers.
Nov 9, 2022
0
9
Business
China's Xi calls for stronger fintech oversight, security
A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.
Jun 23, 2022
0
11
Business
Alibaba profit slumps nearly 60% as tech crackdown, Covid bite
Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with COVID-19 restrictions and a sector crackdown.
May 26, 2022
0
11
Business
Twitter bots helped build the cult of Elon Musk and Tesla. But who's creating them?
In early November 2013, the news wasn't looking great for Tesla. A series of reports had documented instances of Tesla Model S sedans catching on fire, causing the electric carmaker's share price to tumble.
Apr 13, 2022
0
21
Business
Five things to know about the EU's landmark digital act
EU lawmakers and officials have agreed the main points of a landmark piece of legislation, known as the Digital Markets Act (DMA), that aims to loosen the grip held by Big Tech on life online.
Mar 25, 2022
0
4
Peloton shares jump on reports of possible Amazon deal
Shares in at-home fitness company Peloton jumped Friday evening in extended trading on Wall Street amid reports of the company's potential takeover by e-commerce giant Amazon.
Feb 5, 2022
0
13
Internet
Facebook is losing users for the first time ever and shares in Meta have fallen off a cliff
Feb. 4—A day after Facebook reported that its streak of user growth had come to an end, its parent company's stock plunged more than 26% in a staggering loss that obliterated more than $230 billion in market value and triggered ...
Feb 4, 2022
1
6
