The manufacturer of high-end electric vehicles had invested in bitcoin in February 2021. The few established companies that have added bitcoin to their balance sheets are now beginning to see this investment go awry. This Read more…
Enlarge (credit: Getty Images | Anadolu Agency) Netflix has reportedly told employees it plans to roll out an ad-supported tier by the end of this year, sooner than expected. Additionally, Netflix’s plan for an extra Read more…
Volkswagen’s top executive admits being caught flatfooted by Tesla, but still wants to be the top EV seller. The tide is high, but Herbert Diess is holding on. The Volkswagen (VWAGY) – Get Volkswagen AG Read more…
Ark Innovation ETF has plunged 58% so far this year, and is down 75% from its February 2021 peak. As technology stocks have dropped in recent months, pushing down the values of hotshot investor Cathie Read more…
The 10-Year Treasury Note is considered a benchmark for bonds. Johan10 from Getty Images; Canva What Are Treasury Notes? Issuing bonds is one way for a corporation or federal government to raise money. Bonds are Read more…
The Tesla CEO and soon-to-be Twitter owner things the ban was a mistake. Elon Musk says he will reverse the Twitter (TWTR) – Get Twitter, Inc. Report ban on former President Donald Trump This announcement ends Read more…
Peloton stock is getting decimated, down over 90% from the high. Are more losses in store or is a big bounce coming? Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report stock is like so Read more…
Illustration by Alex Castro / The Verge Eddy Cue, Apple’s senior vice president of services, is considering restructuring Apple’s services business to redirect more attention to streaming and advertising, according to a report from Insider. Read more…
The cold-brew craze is not easing anytime soon. Starbucks is taking advantage. A coffee chain looking for a reliable marketing move can always add another cold-brew drink to its menu. With the iced coffee and cold-brew market projected Read more…
The fall of bitcoin jeopardizes the investment strategy of Michael Saylor’s company, MicroStrategy. The ongoing crypto market crash is a big test for bitcoin evangelists like Michael Saylor. Prices for the king of cryptocurrencies have Read more…