Investors’ focus on Tuesday will be on the corporate space as US tech giant Alphabet and carmaker Tesla release their latest quarterly results. In the case of the former, the spotlight will be on the whether Google’s parent company’s results live up to the recent mania around artificial intelligence or …
Read More »Elon Musk may have finally lost the plot
“There’s absolutely no limit to this transformation. X will be the platform that can deliver, well….everything. @elonmusk and I are looking forward to working with our teams and every single one of our partners to bring X to the world,” Yaccarino went on. The scary part is that this stream …
Read More »FTSE 100 Live 21 July: UK retail sales fall, FTX sues Sam Bankman-Fried to claw back $1 billion
Glencore shares lower, “buy” note boosts Hargreaves Lansdown Robust production figures by Glencore did little for its shares today as investors continue to fret over China’s faltering economic recovery. The Swiss commodities giant said lower output of key assets in copper, zinc and coal was no worse than expected as …
Read More »FTSE 100 Live 20 July: Shares hold gains, Easyjet and Royal Mail post updates
Royal Mail shares 3% higher, Anglo American leads FTSE 100 Royal Mail shares rose again today as the appointment of a new boss got the City’s stamp of approval following a year of strike turmoil. Martin Seidenberg takes charge of owner International Distributions Services from next month, with one of …
Read More »Driver who crashed onto Park Royal tracks is jewellery shop manager whose leg ‘has been amputated’
The driver of an ‘out of control’ Range Rover who smashed into a parked Tesla and ended up on the track of a London tube station after careering off the A40 at 120mph has been in a coma since the horror accident, his devastated family have told MailOnline today. Iraqi-born …
Read More »A40 horror crash: Horrifying video captures moment Range Rover careers off A40
An Uber driver who witnessed the A40 crash has told how a woman in her 20s was ‘thrown out of the Range Rover in midair’ and collided with a parked Tesla after becoming airborne and falling into a tube track, killing her instantly. At 3.48am on Monday morning a black …
Read More »RBC and CIBC join banking group helping to finance Elon Musk’s bid for Twitter
Royal Bank of Canada and Canadian Imperial Bank of Commerce are lining up behind Elon Musk’s US$44-billion takeover of Twitter Inc., with the two Canadian banks putting US$1.15-billion into the lowest-risk loan to the Tesla Inc. chief executive officer. Mr. Musk announced a deal to buy social-media platform Twitter on …
Read More »FTSE 100 Live 21 October: Evergrande deal falls through, Barclays earnings after Tesla results, bitcoin record
E vergrande’s future was back in focus today after it emerged that China’s debt-laden property firm had failed to complete a key $2.6 billion asset sale. Its shares plunged more than 10% at one point following their resumption of trading, with Asian markets also back under pressure on fears of …
Read More »Arrival to list on New York stock exchange amid surging investor interest in EVs
The move will help finance mass production of Arrival’s electric bus and van The move will provide around half a billion pounds in cash proceeds for the EV innovator, helping fund mass production at its microfactories planned to begin next year UK electric vehicle (EV) start-up Arrival announced this week …
Read More »The Tesla Cybertruck Is Perfect for Public Service Duty
The Tesla Cybertruck is still in the relatively distant future, but in case you were wondering (like everybody else) why the world would ever need or want an armored electric truck, here’s a possible answer. Public service duty. When Elon Musk introduced the Cybertruck in November 2019, one question was …
Read More »