The “Big Short” movie star Michael Burry returned to Twitter Friday. After earlier remarks about inflation, SEC and Fed policies, the movie star who is also CEO of Scion Asset Management says that Elon Musk has wrong calculations and had it not quite right with his Rivian comments. Earlier in …
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The “Big Short” movie star Michael Burry returned to Twitter Friday. After earlier remarks about inflation, SEC and Fed policies, the movie star who is also CEO of Scion Asset Management says that Elon Musk has wrong calculations and had it not quite right with his Rivian comments.Earlier in the …
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Dow Jones futures were higher early Tuesday after the stock market rally hit record levels yesterday. Tesla stock surged to more all-time highs. And Mosaic, NXP Semiconductor and ZoomInfo were three earnings movers after the close.The Dow Jones Industrial Average moved up 0.3%. The S&P 500 rose 0.2%, while the …
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Tesla CEO Elon Musk’s fortune jumped $25.6 billion after his company’s shares jumped more than 12% to surpass $1 trillion in market value. According to the Forbes Rich List, Elon Musk’s fortune rose to $255.2 billion from $229.6 billion, or 11% in trading on Monday, October 25. Tesla shares rose …
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The Dow Jones Industrial Average has achieved a significant high amid prevalent weakness as House Speaker Nancy Pelosi hinted at changes as she moved to push ahead with debatable spending bills.The Dow Jones Industrial Average was just about positive, though it closed with a gain of less than 0.1%.Pelosi told …
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Jeff Bezos Blue Origin is suing the United States government over issues in NASA’s Human Landing System $2.9-billion contract that the space agency awarded to Elon Musk’s SpaceX. Blue Origin said that there were flaws in the acquisition process in the deal, with the company aiming to work on NASA’s …
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Amazon has denied reports that it accepts payments in cryptocurrency and bitcoin. There was news about the company opening jobs on blockchain development, accepting cryptocurrencies as a form of payment. The cryptocurrency rose strongly to the psychologically important level of $40,000, but the company quickly denied this news, dropping Bitcoin …
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Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters. Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about …
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Bitcoin rebounded on Monday, recovering from the lowest level for the cryptocurrency in about three months, after recent steep declines. The largest cryptocurrency in the world in terms of market capitalization was hit hard by the decision of Tesla, owned by billionaire and major supporter of digital currencies Elon Musk, …
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