Tesla CEO and X owner Elon Musk gestures behind protective glass during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024.Carlos Barria | ReutersTesla CEO Elon Musk, a meagdonor and adviser to President-elect Donald Trump, is now seeking to influence Germany’s election, posting an endorsement on X of the country’s far-right Alternative for Germany (AfD) party.In a post Thursday night, Musk wrote, “Only the AfD can save Germany.”Musk, who has over 200 million listed followers on the site that he…
Author: usaeverydaylife
Two guys are sitting in a bar.They could be talking about who the Giants’ next quarterback should be, or what went wrong with Daniel Jones. Instead, they are talking about Eli Manning, as, it seems, they have been for most of the last two decades. They are debating whether he should be voted into the Pro Football Hall of Fame when he becomes eligible for the first time this year.Pro-Eli guy: “He beat Tom Brady twice in the Super Bowl.”Anti-Eli guy: “Yeah, but he was a .500 quarterback in the regular season. His record was 117-117. Does that sound like…
Jason WilkSource: Jason WilkJason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm.It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los Angeles conference for micro-cap stocks, where he pitched investors on tiny $5,000 stakes in his firm.”I’m not going to lie, this was probably the hardest time of my life,” Wilk told CNBC. “To go from being a $5 billion company to $50 million in 12 months, it was…
E-commerce, online marketplace company Etsy (ETSY) , a Covid darling that crashed back to earth, is judged to be in the early stages of bottoming out. By our work, it qualifies as a “bearish-to-bullish” reversal buy. The path the stock has travelled the past five years is remarkable. A “10-bagger” from its 2020 Covid low of $29.95 to its 2021 peak of $307.75… that then lost 81% of value in 2022 and 2023, touching a low in October of this year of $47.10. And now, of late the stock is “on the mend”, recently pushing above $60 a share. A…
Sam Altman Co-founder and CEO of OpenAI speaks during the Italian Tech Week 2024 at OGR Officine Grandi Riparazioni on September 25, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty ImagesOpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz served as a way for the high-profile and controversial AI startup to show it can release an extensive roster of new features and tools while also having some fun.But when the calendar turns, the company faces some serious challenges. Most notably, there’s co-founder Elon Musk,…
Josh Weinstein, Carnival Corporation CEO, joins ‘Money Movers’ to discuss the company’s quarterly earnings results, the company’s costs, and much more. Source link
SACRAMENTO, Calif. — If only for a little while, first-year Los Angeles Lakers coach JJ Redick was reliving his past life as a basketball podcaster. And the topic of this episode — recorded during his pregame media session before a game against the Sacramento Kings on Thursday night — was the NBA’s decline in television ratings.“I was hoping I wouldn’t have to provide takes anymore,” Redick said before settling into his seat and delivering his answer that lasted nearly four minutes. “I’ll try to be brief.”Redick, who hosted a podcast with LeBron James before taking this job last summer, cited…
Check out the companies making headlines in midday trading. JPMorgan , Bank of America , Wells Fargo — The three U.S. banks that dominate transactions on the Zelle payments network all rose around 2% despite a Friday lawsuit from the Consumer Financial Protection Bureau over Zelle payment fraud. Crypto-linked stocks — Shares of MicroStrategy , Coinbase and Robinhood were respectively trading 6%, 1% and 3% higher. The stocks had declined in early Friday trading in tandem with bitcoin prices falling from their highs . Novo Nordisk — The stock slid 17% on the heels of the Danish pharmaceutical giant’s experimental…
Jefferies has outsized conviction that five new stocks in its “Franchise Picks” list could outperform in the new year, including industrial plays Caterpillar and Flowserve . A disappointing Federal Reserve rate-cut outlook has sent stocks reeling in the past few days, with all three major indexes set to end the week in the negative. On Thursday, the Dow Jones Industrial Average narrowly ended a 10-day losing streak — its longest since 1974. Despite these downward moves, Jefferies still sees gains ahead in the new year for a select group of stocks. In a Friday note, the investment firm released its…
Starbucks Workers United union members and supporters on a picket line outside a Starbucks coffee shop in New York, US, on Thursday, Nov. 16, 2023. Victor J. Blue | Bloomberg | Getty ImagesStarbucks baristas in some locations are planning to strike through Christmas Eve, starting with cafes in Los Angeles, Chicago and Seattle on Friday.The strikes will escalate each day, covering new markets, as Starbucks Workers United pushes for better pay for baristas. Starbucks is “backtracking on our promised path forward,” the union said in a post on X announcing the strikes.The stoppage could mean longer waits for holiday drinks and…
