As the most bearish Tesla analyst on Wall Street, Gordon Johnson has taken abuse for years from bullish analysts and investors for arguing that Elon Musk's EV giant is overvalued. But with shares down over 70% in the past 12 months, some Tesla investors are beginning to heed Johnson's warnings.
"We've been saying this all along, but nobody wanted to listen," t...
"We've been saying this all along, but nobody wanted to listen," t...
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In the worst year for stocks since the Great Recession, several big names are headed for their worst year on record with just one trading day left in 2022.
In 2022 tech's luck ran out. Tech's five giants have collectively lost a dizzying $3trn in market value.
The most dramatic loser is $Meta Platforms (META.US)$. Nearly two-thirds of its value was wiped out, leaving its market capitalisation at just over $300bn.
Here are several causes...
In 2022 tech's luck ran out. Tech's five giants have collectively lost a dizzying $3trn in market value.
The most dramatic loser is $Meta Platforms (META.US)$. Nearly two-thirds of its value was wiped out, leaving its market capitalisation at just over $300bn.
Here are several causes...
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The futuristic AI chatbot ChatGPT was released to the public recently by OpenAI (the company behind generative AI tool Dall-E). Its impressive new chatbot causes a stir, inspiring enthusiasm and concern.
The company that created the AI chatbot has a history with some of Silicon Valley's biggest names, including Elon Musk.
2015:
Musk, Altman, and other prominent Silicon Valley characters, including Peter Thiel and LinkedIn...
The company that created the AI chatbot has a history with some of Silicon Valley's biggest names, including Elon Musk.
2015:
Musk, Altman, and other prominent Silicon Valley characters, including Peter Thiel and LinkedIn...
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Around 210,000 tech employees have been laid off this year, with a whopping 40% of them coming in the fourth quarter, investment bank $Jefferies Financial (JEF.US)$ wrote in a Wednesday research note, citing data from TrueUp.
Jefferies's analysis found the average company in its internet and software coverage universe has 36% fewer job listings now than at the start of this year. Analysts s...
Jefferies's analysis found the average company in its internet and software coverage universe has 36% fewer job listings now than at the start of this year. Analysts s...
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$JPMorgan (JPM.US)$ CEO Jamie Dimon is worried that U.S. consumers could spend away their savings as inflation continues to bite, sending the economy into a recession next year.
"Inflation is eroding everything I just said, and that trillion and a half dollars will run out sometime midyear next year," Dimon said on Tuesday. "When you're looking out forward, those things may very well derail the economy and cause a m...
"Inflation is eroding everything I just said, and that trillion and a half dollars will run out sometime midyear next year," Dimon said on Tuesday. "When you're looking out forward, those things may very well derail the economy and cause a m...
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Elon Musk spoke for nearly two hours in a 'Twitter Spaces' audio chat with more than 100,000 listeners on Saturday.
Musk has described himself as a "free-speech absolutist," vowing to be less restrictive with content moderation than Twitter's previous leadership.
He also said that there is "definitely some risk" to his personal safety during an extensive discussion about free speech, chang...
Musk has described himself as a "free-speech absolutist," vowing to be less restrictive with content moderation than Twitter's previous leadership.
He also said that there is "definitely some risk" to his personal safety during an extensive discussion about free speech, chang...
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Columns Turkey Bottleneck? More Expensive Thanksgiving Dinner? You Can Still Get a Turkey If You Want
Forks up, sweatpants on… wallets out. Thanksgiving is on Thursday, but grocery prices are already eating into budgets.
$Wells Fargo & Co (WFC.US)$ suggested earlier this month that it may be more affordable for Americans to eat out on Thanksgiving this year, rather than cooking at home.
According to its report, the price of food made and consumed at home is rising faster than dining out. The price of foo...
$Wells Fargo & Co (WFC.US)$ suggested earlier this month that it may be more affordable for Americans to eat out on Thanksgiving this year, rather than cooking at home.
According to its report, the price of food made and consumed at home is rising faster than dining out. The price of foo...
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Qatar just lost to Ecuador 2-0 in the opener on Sunday, becoming the first hosts to lose the opening game. Will it impact the stock market? In fact, there's a significant body of academic research has found that mood has a pronounced impact on the stock market.
An article published on the Journal of Finance, entitled "Sports Sentiment and Stock Returns," found that lost soccer matches have a significant impact on sto...
An article published on the Journal of Finance, entitled "Sports Sentiment and Stock Returns," found that lost soccer matches have a significant impact on sto...
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Columns Vote Now | A second Trump presidency would be the 'Holy Trinity' for a bruised stock market?
Former President Donald Trump announced Tuesday night he will once again seek the Republican nomination as presidential candidate in 2024.
"I am running because I believe the world has not yet seen the true glory of what this nation can be," Trump said. "America's comeback starts right now."
Speaking to reporters at a conference in Singapore on Wednesday, Anthony Scaramucci—the founder of Skybridge Capita...
"I am running because I believe the world has not yet seen the true glory of what this nation can be," Trump said. "America's comeback starts right now."
Speaking to reporters at a conference in Singapore on Wednesday, Anthony Scaramucci—the founder of Skybridge Capita...
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When the tablet swivels around at the coffee shop, are you leaving a 20% tip?
Maybe you were in late 2020 and early 2021, but now the US inflation is running at a 40-year high, with consumer prices soaring by 9.1% compared to the previous year. Fewer people are now tipping the standard amount.
A survey from Popmenu, a restaurant customer service company, found a decline in the percentage of consumers who say they tip 20% or more in restaura...
Maybe you were in late 2020 and early 2021, but now the US inflation is running at a 40-year high, with consumer prices soaring by 9.1% compared to the previous year. Fewer people are now tipping the standard amount.
A survey from Popmenu, a restaurant customer service company, found a decline in the percentage of consumers who say they tip 20% or more in restaura...
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