Tag: earnings report

Tesla CEO and X owner Elon Musk(Reuters)
Posted in Business

Elon Musk $21 billion richer in one day as Tesla stock gains 19%

Elon Musk, the world’s richest person, on Thursday added $21 billion to his net worth as Tesla’s stock witnessed a spike of 19 per cent…

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Intel logo is seen near computer motherboard.(Reuters)
Posted in Business

Intel facing ‘most difficult period in its 56-year history’, exploring options

Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter….

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The bank also reported deceptively bloated net profits for the quarter,(Reuters)
Posted in Business

Over $68 billion withdrawn from Swiss’ Credit Suisse ahead of UBS merger

Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank’s earnings report showed Monday, providing clues to the…

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