Slow start for Bitcoin, but cryptocurrency is outpacing stocks and shares January 5, 2022 Bitcoin is up one per cent to just below $47k, while second-largest cryptocurrency Ethereum is up 1.5 per cent to around $3,800.
Musk under fire for opening Tesla showroom in Xinjiang January 4, 2022 Elon Musk is under fire for opening a Tesla showroom in Xinjiang, an area of China where Uighur muslims are subject to human rights abuses.
Bitcoin’s teen spirit gets off to a gentle start January 4, 2022 It’s been a gentle start to the year, with the Bitcoin price continuing to trade in the same range between $46,000 - $51,000.
Apple becomes first company to hit $3n market value January 4, 2022 Apple became the first company to reach a $3tn stock market value, before slipping slightly at the end of the day on Monday. The Silicon Valley titan hit a record high of $182.88, placing Apple’s market value just above $3tn yesterday. The stock ended the session up 2.5 per cent at $182.01, with Apple’s market [...]
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Tesla beats expectations with record-quarter vehicle delivery despite global semiconductor shortage January 2, 2022 Tesla delivered 308,600 cars worldwide in its fourth-quarter, a company record, despite continuing supply chain issues and economic turbulence.
Tesla calls back nearly half a million cars over safety problems December 30, 2021 Tesla has recalled more than 475,000 of its Model 3 and Model S electric cars to address rearview camera and boot issues that increase the risk of crashing, the US road safety regulator said.
City winners: This year’s most popular funds and shares, which include BP, Rolls Royce, Tesla and Argo Blockchain December 29, 2021 DIY fund buyers didn’t get the memo that value investing is back in fashion, instead largely plumping for growth strategies over the course of 2021. “Success breeds success they say, and retail investors clearly have a high conviction that these funds will continue to prosper,” Laith Khalaf at AJ Bell told City A.M. as he [...]
US car regulators open investigation in 580,000 Teslas over game feature December 22, 2021 US regulator the National Highway Traffic Safety Administration (NHTSA) has launched an investigation into 580,000 Tesla vehicles over a game feature. The NHTSA has said that Tesla 3,S,X,Y models have a “passenger play” feature that “may distract the driver and increase the risk of a crash,” Reuters reported. While the agency’s investigations will cover models [...]
Elon Musk not planning to sell any more shares as Tesla founder hits out at California’s high tax regime December 22, 2021 Tesla’s boss and serial entrepreneur Elon Musk is not planning to sell any more of his Tesla shares, following yesterday’s offloading of 583,611 stock. “I sold enough stock to get to around 10 per cent plus the option exercise stuff and I tried to be extremely literal here,” he said in an interview with satirical [...]