Jeff Bezos Is One of Our Finest Billionaires & We Owe Him a Huge Apology
Jeff Bezos has had a target on his back throughout this pandemic, but he doesn’t deserve the hatred. It’s time to give this billionaire a break.
May 24, 2020 No Comments
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Jeff Bezos has had a target on his back throughout this pandemic, but he doesn’t deserve the hatred. It’s time to give this billionaire a break.
A bet on Tesla stock is a bet on Elon Musk. But for investors, the enigmatic visionary often feels like public enemy No. 1.
Jim Simmons’ Renaissance sold Tesla shares in the first quarter despite massive upside for the Elon Musk-led company.
The coronavirus pandemic reshaped Uber’s business. Some changes are irreversible and could soon make the ride-hailing firm unrecognizable.
Three years after Travis Kalanick left Uber and dumped his stake in the company, it is hard to tell he’s no longer in charge.
Grubhub stock is hot because of stay-at-home orders and possible Uber Eats merger, but a lack of profitability doesn’t justify valuations.
Warren Buffett’s next move could be to unload Berkshire Hathaway’s entire stake in bank stocks.
Jeff Bezos is on track to become the world’s first trillionaire, which is an absolutely insane amount of money for one person.
Boeing CEO Dave Calhoun says a U.S. airline will go belly up soon. He won’t name names, but it’s clear he’s talking about American Airlines.
Elon Musk is in good spirits as his Fremont Tesla factory is legally allowed to open. His fight with local authorities has paid off.
Apple is shifting a fifth of its China-based manufacturing to India, in a move that could hasten China’s decline as an economic superpower.
Microsoft Surface Earbuds came out on Tuesday and boy, do they look terrible. If they ever want to compete with Apple wearables, they need more style.
Quibi’s co-founder recently blamed his company’s slow start on the coronavirus. If he’s right, we should thank the pandemic for steering us away from this evil app.
As Elon Musk reopens his Fremont factory in defiance of local orders, another giant in tech spoke up in support of his approach to reopen.
Tesla’s position as the world’s leading electric vehicle maker is eroding, especially in China where BYD outsold Elon Musk’s company in April.
Chipotle stock is bucking the restaurant trend, having recently shattered new all-time highs despite the ongoing pandemic.
Elon Musk has threatened to move Tesla out of California over continued lockdown measures. Here’s why that’s a huge risk.
At its current valuation, Twitter is a prime acquisition target. Here are three of the best candidates to scoop up Jack Dorsey’s social empire.
GM stock is flying right now. The rally stems from a recent earnings report that sheds light on the company’s other strengths.
Kevin O’Leary disagrees with Elon Musk that Tesla is overvalued. He thinks it’s not a typical car company, but rather a data company.
Regeneron, a pharmaceutical stock, is outperforming other S&P 500 companies this year. The stock is up 51% year-to-date and analysts think there’s more growth ahead.
Elon Musk welcomes a new-born baby. He’s also eligible to receive a tranche of his compensation package worth $700 million.
Consumer research says there may be a niche for Tesla’s electric, automated vehicles in a post-Covid world – but not everyone is sold on it.
In a world inflated by stock buybacks, Tesla CEO Elon Musk had the guts to do what the Federal Reserve won’t: call the stock market a colossal asset bubble.
American savings are rising at the fastest rate in nearly four decades over fears of long-lasting economic recession.
Elon Musk wiped out $16 billion in Tesla stock value with one tweet. He might be in more trouble with his pregnant girlfriend than the SEC.
U.S. auto sales have fallen to their lowest level in decades due to the coronavirus pandemic. GM and Ford are among the worst hit.
Amazon’s earnings delivered a dire warning to investors: No one, not even AMZN, can escape the coronavirus fallout.
Tesla’s profits plummeted in the first quarter, prompting Elon Musk to go on a rant about the lockdown extension in the Bay Area.
Wetherspoons might have annoyed a lot of people at the start of the pandemic, but a boycott probably isn’t going to affect them when they try to reopen.
AMC and Odeon cinemas have dropped Universal Pictures movies from their theatres in a very foolish move during a financial crisis. It could even hasten the end of movie theaters as we know them.
Elon Musk wants to free America now in order to resume Tesla operations. But health officials say this could be very devastating.
Boeing’s disastrous earnings report has left some investors hopeful that extreme cost-cutting measures can get the company back on track.
Ford’s first-quarter disaster magnifies a bigger issue plaguing the company: incompetent management. Jim Hackett tops the list.
Supermajor oil stock defended its dividend against the collapse in crude prices, and rivals like Royal Dutch Shell should follow suit.
3M Co was the Dow’s breakout performer Tuesday after the manufacturing conglomerate beat first-quarter sales and profit forecasts.
Bill Gates has emerged through the coronavirus rubble as a prophet and savior, but is he even a good person?
Saudi Arabia plans to sell up to $10 billion worth of oil assets. But after the disastrous Aramco IPO, will anyone take the bait?
Zoom stock’s virus rally lost steam and tanked Friday when Facebook announced its own video chat feature, but here’s why Zoom will thrive.
‘Bailout boycotts’ are preventing greedy corporations like Ruth’s Chris and Shake Shack from exploiting funds meant to save small businesses.
An online petition is asking Netflix to offer free services to Americans because of the COVID-19 lockdown. Do they think Netflix is that stupid?
The S&P 500 crashed 17% due to the coronavirus pandemic. Netflix, Disney, and Tesla are well-positioned to take off once the economy reopens.
Facebook stock is soaring after a surprise investment in India. Could this be part of a trend of decoupling with China?
Ironically, Morgan Stanley gave Apple a buy rating on Earth Day because of a significant uptick in Chinese air pollution.
Netflix stock will continue rising as the company promises it won’t run out of new content during the coronavirus pandemic, unlike Hollywood.
Snap stock is soaring after better-than-expected first quarter earnings.Can the company sustain this eye-popping rally?
Jefferies Group has the most bullish forecast on Wall Street for Amazon stock. But its price target makes an assumption few analysts share.
Who wants an electric car when oil prices are dirt cheap? One analyst believes cheap gasoline will send Tesla shares to double digits.
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