Monkey business: Elon Musk has wired up a monkey to play video games with its mind February 1, 2021 Eccentric biliionaire and boss of Tesla and SpaceX Elon Musk can claim another first after he told an audience his company Neuralink has wired up a monkey's brain to " play video games with his mind"
Robinhood raises $2.4bn in second cash injection as Reddit investors overwhelm app February 1, 2021 Robinhood has raised another $2.4bn from its shareholders after a turbulent week amid a surge of new investors piling into Gamestop. The online trading app today confirmed it had raised $3.4bn to invest in “record customer growth” including a $1bn injection on 29 January. Last week Reddit day traders flocked to Gamestop lifting its share [...]
The likelihood of a bubble forming in financial markets February 1, 2021 Concerns are mounting as to whether financial markets may have entered bubble territory over the past few weeks. Some analysts are warning that instances of excessive behaviour have become apparent and more frequent. The usual key ingredients to form a bubble in financial markets include cheap credit or easy money and an enticing narrative, with [...]
Jaguar XF P300 review: revitalised luxury at a surprisingly low price January 29, 2021 Jaguar has revised the XF saloon and Sportbrake for 2021, with a brand new interior, impressive new tech and significantly better value.
Bitcoin skyrockets as Elon Musk expresses support January 29, 2021 To finish off what has been a wild week for markets in comes Elon Musk sending the price of bitcoin up more than 15 per cent. The Tesla founder added #bitcoin to his Twitter bio in the early hours of Friday before cryptically tweeting: “In retrospect, it was inevitable.” Prices in the cryptocurrency leapt from just [...]
WallStreetBets drama reaches crescendo – Bitcoin fixes this. Elon seems to agree! January 29, 2021 Crypto at a Glance It’s been a wild week in the markets, but just when you think it can’t get any wilder, in swaggers Elon Musk and a $6k pump in little over an hour. The US isn’t even awake yet – are we just getting started today? How did we get here? The big [...]
Elon Musk brands shorting stock a ‘scam’ following GameStop trading restrictions January 28, 2021 Redditors: We'll 'burn Robinhood to the ground' after Gamestop trading restricted
It’s retail traders, Jim, but not as you know it! January 28, 2021 Crypto at a Glance If Bitcoin is f*ck you money, does that make GameStop a f*ck you stock? All eyes this week have been on Reddit traders, who have arrived at the blackjack tables fully armed with their sacks of pennies and battered old card counting books, ready to bankrupt the casino through sheer numbers [...]
Tesla achieves first-ever $10bn quarter January 27, 2021 Tesla has posted its first-ever $10bn quarter following a successful year that saw its founder, eccentric billionaire Elon Musk, become the world’s richest person. Tesla beat Wall Street estimates for fourth-quarter revenue after beating 2020 deliveries earlier this month on a steady rise in electric vehicle demand. The carmaker, led by billionaire entrepreneur Elon Musk, [...]
Apple set to break $100bn quarterly sales record as tech boom continues January 27, 2021 Apple’s bullish run shows no signs of slowing down, with the tech giant expected to join an exclusive club of companies to have earned revenue of more than $100bn (£730m) in a single quarter. Analysts have predicted quarterly revenue of $102.6bn for the iPhone maker, which would mark year-on-year growth of 12 per cent — [...]