Latest in Tesla’s Stock Soaring
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FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Water regulator signals further increase to bills in England
Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investmentBusiness - Financial Times - October 22 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - 6 days ago -
US shares and Bitcoin hit record high on Trump win
The result could have a far-reaching implications for tax and trade policy, as well as economies around the world.Top stories - BBC News - 3 hours ago -
Trump, Senate GOP victories send markets soaring
Stocks roared out of the gate Wednesday morning following news that former President Trump has secured a second term in the White House and Republicans won a majority in the Senate. The Dow Jones ...Politics - The Hill - 6 hours ago -
With its Cybercab Design, Tesla Confused Investors
The sporty two-seater robotaxi unveiled last week underwhelmed analysts, who wonder how it will actually serve riders’ needs.Business - Inc. - October 14 -
Tesla software under investigation after collisions
The National Highway Traffic Safety Administration (NHTSA) opened an investigation into Tesla’s Full Self Driving (FSD) software on Thursday after the system was reportedly involved in four ...Politics - The Hill - October 18 -
Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.Tech - The New York Times - October 18 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Tesla is not a car company but it does a good impersonation
Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to existBusiness - Financial Times - October 24 -
Tesla’s blowout earnings still leaves investors with these questions
A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.Business - MarketWatch - October 26 -
Tesla’s robotaxi dreams will start small, these analysts say
Tesla has promised a fleet of Cybercabs by 2026 and millions of the robotaxis at some point in the future, but analysts at Deutsche Bank sought to temper expectations and map out how a Cybercab ...Business - MarketWatch - October 28 -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - October 30 -
Meet Musk's Fixer, the Powerful Executive Reshaping Tesla
Omead Afshar, known for his ability to mind-meld with the CEO, steps into the prominent role as the auto business confronts challenges.Business - The Wall Street Journal - Yesterday -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.Business - CNBC - October 18 -
This Expert Says AI Efficiency Soars When it Uses Video to Crunch Numbers
The key to optimal chatbot use hinges on making the right prompt to get the AI to respond precisely. A researcher found out we may be doing it wrong.Business - Inc. - October 18 -
World Series ticket prices soaring ahead of Yankees-Dodgers matchup
The matchup between the New York Yankees and Los Angeles Dodgers has fans clamoring for World Series tickets, and that means prices are soaring.Top stories - NBC News - October 21 -
Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife
Employees have complained to the board about hiring and management practices at the parent company of Truth Social, which serves as the main online megaphone for former President Donald Trump.Business - The New York Times - October 23 -
Tokyo Metro Shares Soar in First Day of Trading for Century-Old Subway
Tokyo Metro had raised over $2 billion in one of Japan’s largest initial public offerings in years.Business - The New York Times - October 23 -
Senators take aim at big private equity landlords as rents soar
With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.Top stories - NBC News - October 24 -
Why U.S.-Russia tensions have sent palladium prices soaring
Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.Business - MarketWatch - October 24 -
This chart shows how Nvidia soared back toward the top of the tech heap
Nvidia has tacked on more than $1 trillion in market cap in less than three months, as it looks to reclaim the title of most valuable U.S. company.Business - MarketWatch - October 26 -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
Iran’s defence budget set to soar as regional tensions rise
Recommendation to parliament for substantial increase in military spending comes after recent exchange of fire with IsraelWorld - Financial Times - October 29 -
Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - October 29