Elon Musk’s Bitcoin investment seems to be paying off as Tesla reportedly made about $1 billion in profits, according to Daniel Ives, an analyst at Wedbush Securities.The analyst estimates that Tesl...
Ariel Investments, LLC on Wednesday announced the launch of its Ariel Alternatives and the Project Black initiative.The firm has secured a $200 million commitment from JPMorgan Chase, as it gradually ...
It was disclosed last Thursday that Baidu has chosen the co-founder of bike-sharing platform Mo-bike to become the new CEO of its electric vehicle company Geely, according to a source familiar with t...
Treasury Secretary Janet Yellen on Thursday said the economy needs a large stimulus package to get back on track to the pre-Covid level. Yellen told CNBC that the $1.9 trillion proposal would be...
Chipmaker Nvidia on Thursday announced that it is working on releasing a new series of semiconductors for mining ethereum, the second-largest cryptocurrency after Bitcoin.The new chip is called Crypto...
Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC on Wednesday said she has growing confidence in Tesla. To support her growing confidence in the elect...
Warren Buffet’s Berkshire Hathaway (BRK) announced on Tuesday that it acquired an $8.6 billion stake in Verizon Communications (VZ) and $4.1 billion worth of shares in Chevron Corp. (CVX), according...
Ford on Wednesday unveiled its plans to target “all-electric” passenger vehicles by 2030. The automaker also said it will invest $1 billion in an EV production plant in Cologne, Germany to show it...
Elon Musks space travel company SpaceX recently completed a raise of $850 million placing the company’s valuation at nearly $74 billion, sources familiar with the matter told CNBC.SpaceX raised the ...
Morgan State University is introducing a new degree minor – African American and African Diaspora (AAAD)—to meet demand in ethnic studies, according to the educational institution.“Amid a growin...