Suppliers large and small are jockeying for position as Ford, GM and others plan for more electric models By Jeff Sheban and Sam Weisberg Automotive parts manufacturers and retailers are gearing up – some faster than others – for what is promising to be an all-electric future. electric suv of the future charging electricity with…
There have been reports going around the past couple of days that the Chinese government is cracking down on commodities speculation. They blame speculators (like futures traders) for the soaring prices in key commodities. But it’s the Chinese government that has a record of driving up global commodities prices in the wake of a global…
Elon Musk, the Tesla TSLA chief executive that has sent the bitcoin price on a roller coaster this year, has continued his potentially ironic support of the “joke” bitcoin rival dogecoin. Musk took to his preferred platform, Twitter, to explain why he’s backing dogecoin, telling another Twitter user dogecoin “has dogs and memes”—helping the dogecoin…
getty Every week, Q.ai releases a “thematic screen” covering stocks that share commonalities – a common theme, if you will. But today’s thematic screen is a little…different. Instead of sharing our AI’s insights on top-rated consumer or momentum opportunities, we’re going to reveal which big-name growth stocks have earned a big, fat F. Let the…
Bitcoin rises to nearly $40,000, as Elon Musk and Michael Saylor announce the formation of the … [+] Bitcoin Mining Council. Getty Images A little less than two weeks after Tesla TSLA CEO Elon Musk kickstarted the plunge of bitcoin and other cryptocurrencies by announcing that the electric car manufacturer would stop accepting bitcoin as…
Elon Musk suspends Tesla purchases with bitcoin. STRF/STAR MAX/IPx Bitcoin has continued its deep dive this weekend, falling from a high of $42,172 on Friday and hovering around $32,000 to $33,000 on Sunday afternoon. At one point it had fallen over 50% from its April 14 all-time high of $63,863. As of March 31 Tesla…
Elon Musk, the meme-loving Tesla TSLA chief executive that moves markets with his irreverent tweets, is apparently readying for war. Musk, who’s recently gone all-in on the somewhat satirical cryptocurrency dogecoin—helping its price soar many thousands of percent to a mind-blowing $42 billion market capitalization—sees a “battle” coming between government-backed fiat currencies and protocol-based cryptocurrencies.…
A bitcoin logo in the window of a bitcoin automated teller machine (ATM) kiosk in Barcelona, Spain, … [+] on Tuesday, Feb. 23, 2021. Bitcoin climbed, aided by supportive comments from Ark Investment Management’s Cathie Wood and news that Square Inc. boosted its stake in the cryptocurrency. Photographer: Angel Garcia/Bloomberg © 2021 Bloomberg Finance LP China is proving that government…
David Einhorn of Greenlight Capital presented his thesis for Teck Resources at the recent 2021 Sohn Investment Conference. He explained that the vast amount of electricity needed to support electric vehicles would create a copper rush, giving copper miners like Teck Resources a boost. LAS VEGAS – AUGUST 07: David Einhorn of New York talks on his cell…
This dip in the energy/oil and gas sector is a buy. Source link