Hyundai Motor‘s (OTC:HYMTF) sister company Kia has reportedly initiated a cash incentive program for its U.S. dealers in a bid to clear inventory and increase sales. What Happened: Kia’s sales of electric vehicles (EVs) saw a significant increase in the…
Goldman Sachs Group, Inc. (NYSE:GS) is set to release earnings results for its first quarter before the opening bell on April 15, 2024. Analysts expect the New York-based investment bank to report quarterly earnings at $8.56 per share, down from…
Meme coins, the often-mocked cryptocurrency phenomenon built around viral internet jokes, are attracting a new wave of attention thanks to their potential role in Web3 adoption. What Happened: Paul Veradittakit, an investor at venture capital firm Pantera Capital on Friday…
Morgan Stanley analyst Adam Jonas on Thursday reiterated his positive outlook for EV giant Tesla (NASDAQ:TSLA) despite increased earnings pressure and forecasts of increased volatility in the near term. What Happened: Jonas expects heightened volatility for Tesla stock in the next six months,…
The relief rally sparked by Thursday’s producer price index report is teetering on the edge. The mood has shifted back to cautiousness, with stock futures pointing towards a potential pullback in today’s final trading session of the week. Traders are meticulously analyzing…
Net inflows into Bitcoin spot ETFs reached a notable high on Thursday, at $91.27 million, led by a substantial injection into BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT), which alone accounted for approximately $192 million. What Happened: This influx contrasts sharply with the…
Tesla Inc.‘s (NASDAQ:TSLA) high customer retention rate stands as a significant advantage, deemed an “underappreciated point” by company investor relations head Martin Viecha, following a recent survey revealing a surge in electric vehicle interest in the United States. What Happened: A Bloomberg Intelligence…
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a 16% growth in first-quarter revenue to NT$592.6 billion ($18.5 billion) versus the $18.4 billion analyst consensus estimate. The figure was closer to the higher end of TSMC’s previous expectation of $18 billion—$18.8 billion. The key Nvidia…
Tesla Inc. CEO and tech billionaire Elon Musk agreed with late Apple Inc. (NASDAQ:AAPL) co-founder and former CEO Steve Jobs about the importance of building a team spirit that focuses on turning good ideas into good products. What Happened: Musk…
Google Docs users can breathe a sigh of relief. Their documents are not as public as previously feared, with the tech giant reportedly confirming that they are not considered “publicly available” for AI training. What Happened: Earlier this month, a…
