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Oct 27 2024FINANCE

The Big Tech AI Showdown: Trick or Treat?

It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub

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Oct 27 2024FINANCE

Tesla Stock Soars, Hits 13-Month Peak

Tesla's stock had a stellar week, closing at its highest price in 13 months. On Friday, shares jumped by 3. 4%, ending the day at $269. 19. This uptick came after a massive 22% surge on Thursday, following Tesla's impressive third-quarter earnings report. The company, led by Elon Musk, exceeded anal

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Oct 27 2024FINANCE

Nasdaq Reaches Peak

The Nasdaq stock market hit its highest value ever. This milestone is significant because it shows investor confidence in tech and growth companies. The rise was driven by big tech stocks like Apple and Amazon, which have performed exceptionally well in recent times. Investors might wonder if this

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Oct 26 2024ENTERTAINMENT

ROSÉ & K-Pop Stocks on the Rise: A Weekly Wrap-Up

This week was a big one for K-pop companies. YG Entertainment, the home of BLACKPINK’s ROSÉ, saw its stock jump after her new song with Bruno Mars hit it big. ROSÉ's "APT" topped global charts, raking in millions of streams in just days. Other K-pop giants like SM Entertainment and HYBE also saw the

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Oct 26 2024TECHNOLOGY

Why Microsoft’s CEO Cut His Pay After Major Hacks

Microsoft’s CEO, Satya Nadella, took a significant step last year. He decided to reduce his pay despite the company’s fantastic financial performance. This bold move came after a series of serious cyberattacks hit Microsoft. It’s like he said, “Hey, I’m the boss, and it’s my responsibility to make s

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Oct 26 2024BUSINESS

Microsoft CEO’s Pay Soars Despite Requesting a Cut

Imagine this: Microsoft's boss, Satya Nadella, actually asked for a pay cut. But did it happen? Nope! His total compensation jumped by 63% to a whopping $79 million in fiscal 2024. Why the big increase? Well, his salary did drop by 50%, but other parts of his pay, like stock awards, skyrocketed. Thi

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Oct 26 2024FINANCE

Tesla's Stock Roller Coaster: Making Money from Volatility

Tesla's stock saw a big jump after its earnings report, making investors happy. This jump was so big that it caused a lot of people who bet against Tesla to rush out and buy the stock. This rush made the stock's price change a lot, which is what we call "volatility. " With this volatility, investors

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Oct 26 2024BUSINESS

Elon Musk's Wealth Surges with Tesla's Stock Boom

On Thursday, Elon Musk's net worth saw a massive boost. Tesla's stock had a fantastic day, with shares jumping by 22%. This surge followed the company's latest earnings report, which showed some positive results. Investors were pleased with Tesla's strong profit margins, earnings per share, and net

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Oct 26 2024BUSINESS

Tesla Stock Hits Highest in Over a Year After Strong Earnings

On Friday, Tesla's stock price hit its highest point in more than a year. This followed a substantial rise the day before, making it the best two-day performance since 2013. Investors were thrilled with the company's third-quarter results. Tesla shares jumped 2. 8% on Friday morning, reaching $267.

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Oct 25 2024FINANCE

Tesla's Boost: Margin Magic through Sales Volume and Cost Cuts

Tesla is making investors happy again after a dip. Shares jumped 16%, one of the best performances ever. Analysts from Bank of America and Goldman Sachs are sharing insights into Tesla's impressive earnings report. Tesla's auto gross margin, excluding regulatory credits, was 17. 05% in the last qua

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