Wolfspeed Jumped 10% In Premarket After Surging 14% On Wednesday
Wolfspeed jumped 10% in premarket after surging 14% on Wednesday.The embattled chipmaker exited Chapter 11 protection after successfully negotiating a plan with its creditors to reduce its...
Wolfspeed Jumped 10% In Premarket After Surging 14% On Wednesday
Wolfspeed jumped 10% in premarket after surging 14% on Wednesday.The embattled chipmaker exited Chapter 11 protection after successfully negotiating a plan with its creditors to reduce its...
Trump Pressures Fed’s Powell to Cut Rates 'A Full Point'
President Donald Trump urged the Federal Reserve to cut rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.“‘Too Late’ at the Fed is a disaster!”Trump posted Friday on social media, using a derisive nickname for Powell. “Europe has had 10 rate cuts, we have had none. Despite him, our Country is doing great. Go for a full point, Rocket Fuel!”“If ‘Too Late’ at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is co
Nasdaq Opens Lower on Rising Geopolitical and Trade Tensions. Alphabet Drops 2%
US stocks opened lower with global markets fell across the board. President Donald Trump stoked more worries over global trade at the weekend, vowing to double import tariffs on foreign steel and alum
Elon Musk Thinks Tesla Will Be Worth More Than Nvidia. Is It Time to Finally Buy the Stock?
That seems even more unlikely.A person charging a Tesla.Can we bank on the Optimus Robot?Elon Musk's optimism for Tesla at the moment comes from the potential of the Tesla Optimus Robot, a humanoid robot the company is developing. He believes that if these robots have artificial intelligence software and can perform physical tasks for humans, there is a market for $10 trillion in revenue selling 100 million bots for $100,000 apiece. That is not a typo.While $10 trillion in revenue sounds exciti