Blackstone Inc. announced on Wednesday that it had prevented investors from withdrawing cash from their holdings in the company’s $71 billion real estate income trust (BREIT), as the private equity giant continues to deal with an onslaught of requests for Read More
Marc Benioff, the CEO and co-founder of Salesforce, just threw a hot potato back to five hungry activist investors. Yahoo Finance’s Allie Garfinkle said that the tech giant beat Wall Street’s earnings estimates and gave surprising good guidance for the Read More
Investors were disappointed with Elon Musk’s much-hyped third Master Plan for Tesla Inc. because it didn’t give any solid information about the company’s long-awaited next generation of electric cars. The four-hour presentation was heavy on Musk’s vision to build the Read More
Tesla claims that it would reduce the price of its next generation of vehicles by half, mostly through the utilization of cutting-edge production methods and more compact manufacturing facilities. Elon Musk, Tesla’s CEO, and other company executives delivered the company’s Read More
There Are Dangers Lurking In The Generative Ai Explosion It’s been less than a month since Microsoft (MSFT) introduced its new ChatGPT-powered Bing search engine and Edge browser, and it seems like every other tech giant is now officially hopping Read More
A big change in how the Federal Reserve plans to raise interest rates has caused an outflow from credit exchange-traded funds that has never happened before. Last month, three of the most popular corporate bond ETFs lost a total of Read More
According to a document made by the producer with headquarters in Rio de Janeiro, the company’s board of directors has approved 35.8 billion reais ($6.9 billion) in dividends from the fourth quarter. Additionally, it was suggested that 6.5 billion reais Read More
As a result of persistent inflation statistics, market participants have changed their minds about the timing of rate cuts by central banks, which has caused the best corporate bonds to wipe out nearly all of their early-year gains. According to Read More
Wednesday, U.S. stock futures went up a little bit as Wall Street tried to get back on track after a rough month of trading. Futures for the S&P 500 (GSPC) and the Dow Jones Industrial Average (DJI) both went up Read More
Rivian (RIVN) (RIVN) Shares of Rivian fell after the electric vehicle (EV) startup provided production guidance of 50,000 vehicles for 2023. This was significantly lower than the analyst expectations of 62,797 vehicles. The most recent quarter’s sales for Rivian came Read More