Top Stories Archives - Page 127 of 1424

2 minute read

Tesla Layoffs To Continue Through June, Morale Low Among Workers

May 20, 11:56 AM

Tesla Inc. (NASDAQ: TSLA) employees live in fear as layoffs continue through June. CEO Elon Musk's plan to cut at least 10% of the workforce has left employees anxious, uncertain of their job security. Former sales representative Michael Minick described the situation as walking on eggshells daily. This ongoing turmoil has contributed to a 29% decline in Tesla's share value this year, with a $224 billion loss in market capitalization.

FDIS

1 minute read

Salesforce Q1 Earnings Preview: Goldman Sachs Expects Beat On These Metrics

By Priya Nigam

May 20, 11:42 AM

Salesforce Inc (NYSE:CRM) has inked a partnership with NTT DATA Group Corp. (OTC:NTDTY) to streamline its application environment.…

CRM

2 minute read

PDD Stock: Temu’s Potential, Billionaire David Tepper’s Conviction Fuel Bullish Signals Ahead Of Q1 Earnings

By Surbhi Jain

May 20, 11:37 AM

Pinduoduo (PDD) will report Q1 earnings on Tuesday. Technical indicators and positive news support a bullish outlook, with analysts predicting higher margins and overseas market expansion. $248 price target set by UBS.

PDD

2 minute read

Oil Holds At $80 As Iranian Leaders Die In Crash, Saudi Crown Prince Delays Japan Trip; Natural Gas Spikes 40% In May

By Piero Cingari

May 20, 11:22 AM

WTI crude price stable at $80 despite Mideast tensions, while natural gas surges 40% in May due to warmer weather and geopolitical events.

CHK

2 minute read

Micron Up 97% In Past Year As Bullish Indicators, CHIPS Act Incentives Drive Investor Confidence

By Surbhi Jain

May 20, 10:53 AM

Micron Technology (NASDAQ: MU) has gained 97% in the past year and 58% year-to-date, with bullish indicators and analyst upgrades driving investor optimism.

3 minute read

This Chinese Teen Built A Bitcoin Exchange And Lost Out On $6B When It Got Hacked

By Khyathi Dalal

May 20, 10:44 AM

Bitcoin Magazine editor Pete Rizzo took to his X account to share the story of Zhao Tong, who created the first-ever crypto margin exchange, Bitcoinica, and ultimately lost 99,000 Bitcoin (CRYPTO: BTC)

BTC

1 minute read

Honeywell, Prudential Financial, Hercules Capital And A Major Tech Stock On CNBC’s ‘Final Trades’

By Avi Kapoor

May 20, 10:29 AM

Experts share top stock picks on CNBC's Halftime Report. Google announces AI-powered theft prevention for Android, Honeywell sees increasing sales.

GOOG

1 minute read

Jim Cramer Says This Materials Stock Is A ‘Great Spec,’ Plus He Recommends Buying Abercrombie & Fitch

By Avi Kapoor

May 20, 10:26 AM

CNBC's Jim Cramer recommends buying Abercrombie & Fitch (ANF). Taseko Mines (TGB) is a good speculative buy, he says.

ANF

2 minute read

Grayscale CEO Michael Sonnenshein Steps Down, Peter Mintzberg Appointed As Successor

By Murtuza Merchant

May 20, 9:41 AM

Grayscale Investments announced that Michael Sonnenshein will step down as CEO, with Goldman Sachs executive Peter Mintzberg taking over.

BLK

2 minute read

Meme Coins ‘Still Have Plenty Of Upside Left’: Trader Predicts TRUMP, BODEN To Dominate Election Season, Looks To Size Up On Dogecoin

By Khyathi Dalal

May 20, 9:38 AM

Crypto trader Altcoin Sherpa shared his thoughts on the prospects of meme coins, particularly focusing on the potential impact of the upcoming U.S. election on the market.

$BONK