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Jim Chanos Scoffs At Elon Musk’s Claim About Tesla Hitting $30 Trillion+ Market Cap: ‘So 30% Of Global GDP…..?’

By Shanthi Rexaline
June 14, 5:35 AM
Tesla ancillary businesses will propel the company to the pole position in terms of market capitalization, according to Musk.

TSLA

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2 minute read
  • Cryptocurrency
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Bitcoin, Ethereum, Dogecoin Slip Into Red Zone, But Bitcoin’s Struggle To Break Out Is ‘Beneficial,’ Claims Trader

By Khyathi Dalal
June 13, 5:21 PM
Cryptocurrency markets are trading in the red following Wednesday’s FOMC meeting. Priced as of 3:30 PM Eastern Time:

$DOGE

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  • Movers
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Tesla Shareholders Approve Elon Musk $56B Pay Package, Other Company Proposals

By Chris Katje
June 13, 5:19 PM
Tesla's annual shareholders meeting included an update on items put up for a vote including Elon Musk's pay package.

TSLA

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  • Insurance
  • Real Estate
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South Florida Grapples With Rising Flood Waters: What Are The Implications For Insurance Sector?

By Michael Juliano
June 13, 5:16 PM
South Florida faces more intense flooding as heavy rains continue. Insurance providers' stocks remain flat while Gov. DeSantis declares state of emergency.

ALL

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  • General
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Ford To Allow All US Dealers To Sell Electric Vehicles, Scraps Model E Program

By Aaron Bry
June 13, 4:20 PM
Marin Gjaja, Ford's COO of the Model e EV business division, said, "We're getting into the tough innings... They want a practical, usable vehicle."

F

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  • Broad U.S. Equity ETFs
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Tech’s AI-Driven Strength Over Dow’s Blue Chips Tops Dot-Com Era Peak: Are We In A New Bubble?

By Piero Cingari
June 13, 4:16 PM
Tech stocks are rallying compared to blue chips, reminiscent of the dot-com bubble, driven by the promise of AI. Are we in a new bubble?

AMZN

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Why Publishing Company John Wiley & Sons’ Shares Are Surging On Thursday?

By Shivani Kumaresan
June 13, 3:59 PM
John Wiley & Sons Inc (NYSE:WLY) reports better-than-expected Q4 FY24 earnings and initiates FY25 guidance. Sales decline 10.9%, EPS beats consensus.

WLY

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Tyson Foods CFO, Great-Grandson Of Founder, Suspended After Second DUI Arrest

By Michael Cohen
June 13, 3:41 PM
Tyson Foods has suspended CFO John R. Tyson after his second DUI arrest, appointing Curt Calaway as interim CFO. Concerns raised about his ability to carry out duties.

TSN

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GameStop Implementing A Bitcoin Treasury Strategy Would Be ‘A Brilliant Move’ And Could Push The Stock To $1,000, Says Bitcoiner

By Khyathi Dalal
June 13, 3:39 PM
Bitcoin (CRYPTO: BTC) influencer Max Keiser suggested a strategy for GameStop (NYSE:GME) that would, in his opinion, push the stock price to $1,000.

BTC

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1 minute read
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Elden Ring Surpasses 25 Million Sales As Shadow Of The Erdtree DLC Nears Release

By Franca Quarneti
June 13, 3:24 PM
Elden Ring achieves 25 million sales with the upcoming Shadow of the Erdtree expansion, adding new content.

SONY

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