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The Latest Breaking News from Dan Ives

Rivian Stock Rebounds As EV Startup Sticks To 2022 Production Target

The Rivian earnings report was mixed, but output is ramping up and the EV startup stuck to its full-year production target. Rivian stock rose.

Investors Business Daily

Apple will lose 6 million iPhones after China factory shuts down

China’s COVID-zero policy creates headaches for Apple, as a factory closure threatens supply of its flagship product.

Fortune

Twitter spent years building its staff. Under Musk, half may lose their jobs within days

Hiring is challenging for every industry, but especially tech.

Los Angeles Times

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Elon Musk Takes over Twitter but Where Will He Go from Here?

Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is what the billionaire Tesla CEO will actually do with the social media platform. The $44 billion takeover means Twitter is becoming a private company that everyday investors will no longer…

Asharq Al-Awsat

GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

Tribune News Service

What's The Future Of Twitter Once Musk Finally Gets Ownership?

Twitter stock was down as reports surfaced Elon Musk might finish his buyout of the social media company next Friday.

Investors Business Daily

Is Doom And Gloom In Store For Tech Stocks This Earnings Season?

The earnings calendar for tech stocks kicks into high gear in coming days as one analyst draws comparisons with two difficult years.

Investors Business Daily

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Elon Musk would cut 75% of Twitter workforce, according to report

Washington Post says the move would leave the company with a skeleton crew

Wales Online

Report: Elon Musk plans to cut 75% of Twitter workforce

Elon Musk plans to lay off most of Twitter's workforce if and when he becomes owner of the social media company

The Independent UK

Labor Department proposal could change gig worker and company rules

The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees.

WEKU

Labor Department Proposal On Gig Workers Hits These Businesses

Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers.

Investors Business Daily

Labor proposal could upend rules for gig workers, companies

The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve

The Independent UK

Is The Rivian Recall Just A 'Speed Bump' For The Amazon-Backed EV Company?

Rivian Automotive Inc (NASDAQ: RIVN) shares ran into a speed bump Monday morning after the company announced a voluntary recall of mo

Benzinga

Rivian Recall A 'Black Eye' For Startup Still Proving Itself: Analyst

Rivian stock plunged after the startup EV maker announced a recall of nearly all of its vehicles to fix a steering problem.

Investors Business Daily

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The Independent UK

To buy Twitter, Musk has to keep banks, investors on board

If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place

Investors Business Daily

Musk-Twitter Court Battle Might Finally End Takeover Drama

The Musk Twitter court battle begins Oct. 17 to decide the ultimate outcome of an embattled takeover drama that began five months ago.

Investors Business Daily

Shareholders Vote To Approve Tortured Musk-Twitter Deal

TWTR stock has been on a wild ride ever since Elon Musk made a $44 billion offer to buy the company, before having second thoughts.

Investors Business Daily

Rivian Pops On Mercedes-Benz EV Van Deal; Cash Burn Still A Worry: Analyst

Rivian, which makes electric vans for Amazon, will team up with Mercedes in Europe for large, commercial EV vans. RIVN stock jumped on the news.

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news in one place.

100’s of premium titles.
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Benzinga

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

InsideEVs

Tesla Stock Splits 3-For-1, Wedbush Raises Price Target To $360

Other analysts are more optimistic, with Oppenheimer's Colin Rusch and The Future Fund's Gary Black estimating price targets of $383 and $550, respectively.

The Independent UK

Whistleblower: bad news for Twitter, good news for Musk?

Elon Musk has spent months trying to get out of his $44 billion agreement to buy Twitter, saying the company has undercounted its fake and spam accounts

Benzinga

Analysts Bet On Twitter Deal Getting Done After Elon Musk Goes On Another Tesla Stock Selling Spree

Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. (NASDAQ: TSLA) shares on Aug. 5.

The Independent UK

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter

Benzinga

Benzinga Before The Bell: Apple's Strong China Revenue, Amazon's EV Partnership, Jack Ma To Cede Control Of Ant Financial And Other Top Financial Stories Friday, July 29

Reuters Tencent’s Overseas Ambitions Face Resistance From India

Asharq Al-Awsat

Microsoft Earnings Fall Short as Computer Sales Sag

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier…

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