Tag: INVBIS

  • Musk says ‘Tesla is on my mind 24/7’ amid concerns over Twitter distraction

    SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7” trying to assuage public concerns. investors about being distracted by a Twitter (TWTR.N) deal that depressed stocks of the electric car company. Posting a photo showing a woman (Tesla) upset by her boyfriend (Elon) […]

  • Tesla removed from S&P 500 ESG index, angering Musk

    May 18 (Reuters) – S&P Dow Jones Indices has removed electric car maker Tesla Inc (TSLA.O) from its widely followed S&P 500 ESG Index (.SPXESUP), citing issues including allegations of racial discrimination and crashes linked to its Autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday. The back and […]

  • Self-driving startup Wayve taps Microsoft for ‘supercomputer muscle’

    General view of the Microsoft Corporation headquarters in Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau Join now for FREE unlimited access to Reuters.com Register LONDON, May 18 (Reuters) – British startup Wayve said on Wednesday it would use supercomputer infrastructure designed for the company by its investor Microsoft (MSFT.O) to process large amounts […]

  • Allianz to pay $6 billion in US fraud case, fund manager charged

    NEW YORK/MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) has agreed to pay more than $6 billion and its U.S. asset management unit will plead guilty to criminal securities fraud following to the collapse of its Structured Alpha funds earlier this year. Covid19 pandemic. Allianz’s settlements with the US Department of Justice and the […]

  • Bitcoin eyes record losing streak as ‘stablecoin’ crash crushes crypto

    Representations of the virtual currencies Ripple, Bitcoin, Etherum and Litecoin are seen on a PC motherboard in this illustrative image, February 14, 2018. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register SINGAPORE, May 13 (Reuters) – Cryptocurrencies suffered deep losses on Friday, with bitcoin falling below $30,000 and poised for a record […]

  • Nasdaq drops more than 3% as US inflation data provides little relief to investors

    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on first quarter revenue slump, net loss Indices: Dow down 1%, S&P 500 down […]

  • Court says Musk recklessly tweeted ‘funding secured’ for Tesla privatization

    SAN FRANCISCO, May 10 (Reuters) – A court has ruled that Elon Musk’s 2018 tweets saying funding had been secured to take Tesla private were inaccurate and reckless, saying “there was nothing concrete” concerning the financing of the Saudi sovereign wealth fund at the time. The ruling by U.S. District Judge Edward Chen of San […]