Musk claimed no wrongdoing in the $2.6 billion SolarCity transaction and claimed that was not the only chief decision-maker in that case.
Further advancement into commercial space service is highly anticipated, a fact that has made the company’s stock gain 71.47% year-to-date and 124.81% in 1 year.
Analysts believe the second-quarter earnings season will continue to drive the markets higher, however, a major focus will be on the fiscal policy updates released by the Federal Reserve.
RiskIQ will help Microsoft spot multiple threats and attacks on its Azure cloud infrastructure and thus help them neutralize it before creating any further damage.
Flipkart recently announced the launch of Shopsy, aimed at driving local entrepreneurship.
The shareholders of Tesla have argued that the acquisition deal of SolarCity in 2016 was not entirely transparent. Elon Musk attorneys will be defending their position in court today.
The parent company of TikTok puts a halt to its IPO proceedings as government officials issue statements highlighting the company to address its data security risks.
Dow Jones successfully revived itself from the previous loss of 260 points setting a new record high.
Wozniak does not hold Bitcoin, however, he has been an ardent supporter of the digital asset.
The Biden administration is pressing China hard on accusations of forced labor of the Uyghur population in the Xinjiang region. On the other hand China continues to defend its policies.
The launch of Richard Branson into space has made the financial market buzzing with excitement around Virgin Galactic shares.
Bukalapak announced on Friday that the funds received in the IPO will be used to scale its business to compete with its biggest rival Tokopedia.
The Stripe stock market debut is not expected to be consummated this year, and while the firms see no need to raise funds through an IPO, the sources noted that these plans may change in the near term.
Bloomberg Intelligence’s senior commodity strategist shares the comparison between Bitcoin and Crude oil with regards to their volatility. While he expects BTC to surge further, the strategist thinks crude price can correct based on recent volatility.
The spread of the delta variant in East Asia and the US has resulted in the spike of the COVID-19 cases. Concerns of a slowdown in the economic recovery put markets under pressure.