Tesla’s profits on Bitcoin are on track to fully fund their research costs October 29, 2021 Earlier this week Tesla submitted their quarter three 2021 financial statements to the SEC. Cryptocurrency enthusiasts and sceptics alike held their breath once again following Tesla’s previous purchase of 43,200 Bitcoins, or 0.3% of available supply, earlier this year. An investment at the time of some $1.5 billion. Since this initial bullish step Elon Musk [...]
Treasury makes £1.5bn from pandemic stock market frenzy October 28, 2021 Next year, the Treasury is expected to make £1.5bn from stamp duty taxes on shares, as a result of the pandemic stock market frenzy, which saw many first-time investors put money into the market, the Evening Standard reported. While this year duty taxes on shares were £800m higher than £3.4bn that was initially forecast by [...]
Share price special: LSE’s best-performing stocks in the last decade, with jumps of 1,000 per cent+ – CityAM : CityAM October 28, 2021 Ocado, Jet2 and JD Sports are among the big-name companies which have seen their share prices jump over 1,000 per cent in the past 10 years. In total, 41 stocks across the London Stock Exchange’s Main Market and AIM have seen their share prices climb by over 1,000 per cent between September 2011 and September [...]
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]
Top 10 most shorted UK stocks: Ailing Cineworld tops the list once more October 27, 2021 Cineworld, Metro Bank and Sainsbury’s are among the UK’s most shorted stocks, new analysis has revealed, as rising interest rates couple with a slower Covid recovery in some footfall-reliant sectors. The most-shorted company is Cineworld, which has had a rough ride during the pandemic after it was forced to close it 9,518 cinema screens during [...]
Hyundai i20 N review: hatch of the day October 26, 2021 Finally, the Hyundai i20 N is a supermini-sized hot hatchback fit to rival the all-conquering Ford Fiesta ST. Tim Pitt drives it.
Watch as Elon Musk’s Tesla joins elite club of $1 trillion companies after Hertz deal October 26, 2021 Tesla joined an elite club of companies worth at least $1 trillion on the stock market on Monday after rental car agency Hertz announced a record-breaking electric car order for Elon Musk. Watch the full report.
Tesla shares soar as Hertz places estimated $4.4bn order for 100,000 EVs October 25, 2021 Tesla has scored its largest ever electric vehicle order with Hertz requesting 100,000 cars as part of plans to electrify its rental fleet. Tesla’s share price has jumped by 4.53 per cent today and touched a new all time high of $970.84 on the back of the news. In a shakeup for the car rental [...]
Bitcoin price holds over $60k as S&P 500 climbs October 25, 2021 Bitcoin continues to hover at just below its all-time high after last week’s brief foray into the uncharted territory of $67k.
Opinion-in-brief: The perils and profits of rockstar chief executives October 25, 2021 Something strange is happening in boardrooms. Chief executives are stepping into the limelight. Gone is the stereotype of an austere workaholic, replaced by a trendy go-getter who’s just as comfortable pouring over an Excel spreadsheet as they are curating their Instagram feed. There are two prime examples of the archetypal rockstar CEO. Elon Musk went [...]