Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Elon Musk’s electric car company, Tesla, intends to open part of its US charging network to electric vehicles made by rival firms. The decision comes as part of a massive $7.5 billion federal… Continue reading Tesla to allow electric cars made by its rivals to use its charging stations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Chicago Mercantile Exchange Group has released its financial results for January 2023. In the results, the company reported a 4% increase in the average daily volume (ADV) for foreign exchange transactions during… Continue reading Derivatives marketplace CME Groups records a 4% growth in FX ADV last month
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Chief Executive Officer of leading electric vehicle maker Tesla, Elon Musk, donated shares worth $1.95 billion to charity in 2022. The company revealed the donation through a filing with the US Securities… Continue reading Elon Musk donated around $1.95 billion shares to charity in 2022
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Neiman Marcus Group has announced plans to lay off around 5% of its workforce, equivalent to around 500 employees. The company has said that the layoffs are part of its plan to reduce… Continue reading Neiman Marcus Group to lay off around 500 employees amid economic uncertainty
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. It is not every day that hundreds of people get an offer to relocate in order to keep their jobs, but this is the deal that Walmart offered to its employees after announcing… Continue reading Walmart will close three tech hubs in the US, asking workers to relocate to keep their jobs
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Yesterday, February 13th, major carmaker Ford Motor Co. announced plans to create a new electric vehicle battery plant in Michigan. To do this, the company said that it would invest $3.5 billion, essentially… Continue reading Ford Motor to recognize UAW at the new Michigan battery plant if most workers sign cards
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Palantir Technologies, a US firm that specializes in big data analytics, recently published extremely positive news for its shareholders. The company’s new forecast, published Monday, February 13th, predicts that 2023 will be the… Continue reading Palantir Technologies predicts that 2023 will be a profitable year
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Fidelity National Information Services Inc (FIS), a banking and payments processing conglomerate, recently took a massive $17.6 billion hit to its merchant business. The write-down came after the company revealed is plans to… Continue reading FIS decided to spin off its merchant business after a failed $43 billion acquisition
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Australian lawmakers seem to be rather displeased with the recent rate hikes, which is why the country’s top central banker was summoned to appear at several parliamentary hearings this week. The Reserve Bank… Continue reading RBA Governor to appear before lawmakers for anti-inflation campaign hearings
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Star Entertainment Group recently saw a major drop in shares which tumbled 22% to a record low. The drop came after the group issued a warning, predicting a $1.11 billion (A$1.6 billion) impairment… Continue reading Star Entertainment warns of major earnings hit, shares crash 22% in response
