Navigating the Tesla Turbulence: Is It Time to Buy?

In the ever-evolving landscape of the stock market, Tesla (NASDAQ: TSLA) has recently been at the center of attention for investors and analysts alike. The electric vehicle (EV) giant, known for its revolutionary approach and market-shifting innovations, has experienced a notable decline in its stock value year-to-date, dropping nearly 20% and 15% over the last […]

Musk seeks Tesla shareholder vote on moving incorporation to Texas

By Shubham Kalia, Maria Ponnezhath and Samrhitha A (Reuters) – Tesla CEO Elon Musk said on Thursday the company will hold a shareholder vote to transfer its state of incorporation to Texas from Delaware, days after a judge invalidated his $56 billion pay package at the electric vehicle (EV) maker. On Tuesday, Delaware judge Kathaleen […]

US semiconductor index jumps as TSMC signals strong AI chip demand

By Caroline Valetkevitch NEW YORK (Reuters) – An index of semiconductor stocks was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor Manufacturing cited strong demand for high-end chips used in artificial intelligence (AI). U.S.-listed shares of the world’s largest contract semiconductor maker, which also forecast more […]

Volvo Cars sees ‘tremendous growth’ in EVs, CEO says

By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) -Volvo Cars remains confident of “tremendous growth” in the electric vehicles market, CEO Jim Rowan told the Reuters Global Markets Forum in Davos on Wednesday, countering gloomier projections from rivals. The carmaker, which aims for electric vehicles (EVs) to contribute half its sales volume by mid-decade […]

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    Crypto

    Illicit crypto addresses received at least $24.2 billion in 2023 – report

    January 18, 2024

    By Elizabeth Howcroft LONDON (Reuters) – At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto research firm Chainalysis said on Thursday. Cryptocurrencies enable people to send money around the world without using the mainstream financial […]
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