Tesla just had its roughest quarter in at least a decade, but some analysts and investors are still dreaming big. Elon Musk’s carmaker said on Wednesday that revenues plunged 12% year-over-year to $22.5 billion in the second quarter. Tesla’s stock fell as much as 9% in early trading on Thursday morning on the disappointing earnings,…
Ohio’s new two-year, $60 billion state budget includes a ban on cell phones in K-12 schools. It’s now up to the individual schools to implement the ban — with many of them adopting the new policies at the start of the school year.“Our policy kind of shifted when we realized that we really wanted kids…
The stock market is on a record-breaking rally, but investors are approaching some big hurdles they’ll have to clear through the rest of this year if they want the gains to keep coming. Strategists at HSBC Global said on Monday that they see a handful of key risks facing stock prices through the second half…
Bill Smead doesn’t know how long the current stock-market rally can continue, but the veteran investor does think it’s in a particularly vulnerable spot. In his Q2 letter to investors on July 15, Smead — whose Smead Value Fund (SMVLX) has beaten 96% of peers over the last 15 years, Morningstar data shows — shared…
Actor Kate Beckinsale is mourning the loss of her “dearest friend,” her mother British actor Judy Loe. The “Underworld” star announced Thursday that her mother died Tuesday evening, writing in an emotional Instagram post that Loe died “in my arms after immeasurable suffering.” Though Beckinsale in her post did not disclose a cause of death,…
Huge crowds took to Edgewood Tahoe Golf Course on Saturday afternoon for day two of play of the American Century Championship. Many of the fans in those crowds had big hopes of catching up with their favorite celebrities from sports and entertainment.This year’s event marked 36 years of the celebrity golf tournament in Lake Tahoe….
Orlando could be the next target for a business venture from Elon Musk.This one involves building tunnels.Musk has already made a name for himself on the Space Coast with SpaceX.But another one of his businesses could change the way we get around I-Drive.Location Universal Epic Universe opened in May, and to handle some of the…
2025-07-11T15:02:23Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Nvidia became the first $4 trillion company…
A rush of investor cash is headed for the stock market in the second half, most of it coming from retail investors. That’s according to JPMorgan, which predicted this week that investors are poised to inject $500 billion into stocks through the rest of 2025, and most of that will come from retail traders. “Led…
Linda Yaccarino is done cleaning up after Elon Musk. When she joined the platform formerly known as Twitter in June 2023, investors and ad industry professionals heralded her as a potential savior. The Madison Avenue veteran was tasked with turning around the platform’s ad business, which foundered when Elon Musk purchased the company then known as…