By Luc Olinga The billionaire sent Starlink satellite internet terminals to Ukraine after the Russian invasion. Elon Musk promises a lot. And often he does not keep his promises. This makes the Tesla (TSLA) – Get Tesla Inc Report founder’s detractors, …
Carnival Cruise Line Raises Key Prices. Will Royal Caribbean Follow?
By Daniel Kline You’re going to pay more for a number of cruise favorites. The cruise industry has been slowly making its way back from the pandemic, and for Carnival that means raising some key price points. Cruise lines — at least Carnival Cruise Li…
Musk’s Bid May Scare Talent and Advertisers, Twitter Says
By Riley Gutiérrez McDermid New filing outlines litany of risk related to its ongoing acquisition by Elon Musk. The ongoing saga of Elon Musk’s attempt to buy social media platform Twitter has added another chapter. Musk, the capricious chief executive…
Peacock Makes a Move to Challenge Disney’s Hulu
By Michael Tedder Comcast’s streaming service has also struck a deal with a major movie studio. NBC launched its streaming service Peacock nearly two years ago. If that seems surprising to you, the Covid-19 pandemic warped our collective sense of time …
Amazon Gets a Major Win That Could Limit Its Big Problem
By Ellen Chang Workers at Amazon’s second, smaller Staten Island warehouse voted against joining its union. In a surprise move, a majority of Amazon ( (AMZN) – Get Amazon.com, Inc. Report) employees at the behemoth’s Staten Island warehouse voted again…
Bored Ape Creator Apologies After Ethereum Crash
By Rob Lenihan Yuga Labs says it’s sorry for ‘turning off the lights on ethereum for a while’ during its metaverse property sale. Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, apologized after the sale of of its of metaverse pr…
Homeowners Are Doing a Lot Better Than Homebuyers
By Dan Weil Home prices soared 19.8% in the 12 months through February, according to the Case-Shiller Home Price Index. The past two years haven’t been kind to Americans who are looking to buy a home or who are renting places to live, as home prices an…
Investor Gurley, Amazon’s Bezos Question Bull Run for Tech Stocks
By Dan Weil Meanwhile, Morningstar lists four tech stocks it sees as good buys after the recent carnage. You can add venture-capital star Bill Gurley, a general partner at Benchmark, to the list of those who think technology companies are overvalued. “…
Tesla Has Some Bad News for Its Investors and Fans
By Luc Olinga The manufacturer of high-end electric vehicles will miss an important deadline. Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date o…
Oligarch Critical of Putin Now on The Run
By Riley Gutiérrez McDermid Close friend of Russian president will acquire some of the wanted man’s assets. The fortunes of a host of high-profile Russian oligarchs caught in the economic fallout from the country’s unprovoked invasion of Ukraine has be…