Articles
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3 days ago |
sherwood.news | Nathan Becker
Elon Musk. (Photo by OLIVER CONTRERAS/AFP via Getty Images) Elon Musk doesn’t have much to show for donating hundreds of millions of dollars and his time to Donald Trump. The Donald Trump-Elon Musk levee finally broke, and the fallout is pretty epic. In a move that is shocking, totally unexpected and certainly unprecedented, the bromance between Donald Trump and Elon Musk detonated in spectacular fashion on Thursday. The pot had been boiling for a while, but now it’s spilling over.
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1 week ago |
sherwood.news | Nathan Becker
The signs were always there. From wanting a list of cars whose model names spelled out SEXY, to tweeting that he was thinking of taking Tesla private at $420 a share, there were obvious signals that Elon Musk was a 16-year-old boy operating in a CEO’s body, someone whose ideals probably ran perpendicular to most of his car company’s customers.
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1 month ago |
sherwood.news | Nathan Becker
With Elon Musk playing a big role in the government and Tesla’s stock dropping, the company’s board started thinking about who might be Tesla’s next CEO, according to a report out of The Wall Street Journal late Wednesday night. The report, citing anonymous sources, said Tesla board members reached out to “several executive search firms to work on a formal process for finding Tesla’s next chief executive” about a month ago.
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1 month ago |
sherwood.news | Nathan Becker
Shares of Qualcomm slid after hours on Wednesday as the company beat on the top and bottom lines, but investors were looking for more. The chip giant’s stock, which is down about 10% over the past year, slipped 5.4% in extended trading. There were no screaming warnings in the earnings report, though if you squint at the company’s revenue forecast, it might look a little light. For its fiscal second quarter, Qualcomm’s revenue came in at $10.98 billion and adjusted EPS was $2.85.
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2 months ago |
sherwood.news | Nathan Becker
People wait at the Delta counter at JFK International Airport in New York (David Dee Delgado/Getty Images)Delta’s decision to slash its forecast may indicate a deeper problem: it’s not just the consumers who are white-knuckling their wallets. It’s the companies. If you squint at the SEC filing Delta Air Lines put out yesterday afternoon, you’ll find a reason for the slash-and-burn job it did on the quarterly profit forecast that it gave three short months ago.
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On the morning of Tesla deliveries, @ranimolla has an important story: The analyst estimates everybody will compare deliveries to are stale. Even some analysts who have publicly updated their forecasts aren’t reflected in the consensus. Check it out: https://t.co/4lhaWKiRLs
Refreshing to see my Twitter feed explode and it's all just love for Sidney Crosby instead of political stuff.
The markets are in a swoon this morning after the president announced tariffs. In case you’re wondering how this could ACTUALLY affect us, here’s a piece detailing every single thing we import from Mexico and Canada: https://t.co/RO25kEd7Pr
