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The Latest Breaking News from Daniel Ives

The SVB collapse 'contagion effect' will make it harder for startups, and more banks may fall

The SVB collapse didn't just leave the banking sector in disarray; technology startups are bracing for a harder time, and there are fears the global economy is at risk of recession.

ABC News

Will Silicon Valley Bank's collapse spark a US recession with ripple effects across the globe?

Based in California and with about $US200 billion in assets, Silicon Valley Bank (SVB) was the 16th-largest in America, making it the biggest bank failure since the global financial crisis of 2008. The implications for financial markets and the global economy are big.

ABC News

Apple Stock Gets Price-Target Hike On Stable iPhone Demand

Supply chain checks in Asia bode well for Apple iPhone demand this quarter, a Wall Street analyst said.

Investors Business Daily

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Tesla Stock On 100% Run From Bear Lows, Analyst Says 'Rally Has Largely Run Its Course'

Tesla stock advanced for eight straight days and gained 68% on the year until Friday. Analysts are signaling the run could end.

Investors Business Daily

Microsoft Touts Artificial Intelligence-Enhanced Search Amid 'AI Arms Race'

Microsoft on Tuesday detailed its strategy for artificial intelligence following its multibillion-dollar investment in OpenAI.

Investors Business Daily

Tesla Stock Continues Rally As 59% Of China Vehicles Exported, China Market Share To Favor Tesla: Analyst

Tesla marched higher as data Wednesday shows 59% of its China-made vehicles in January were exported.

Investors Business Daily

Tesla's Price Cuts Are Putting Extra Pressure On EV Startups

With Tesla’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions.

InsideEVs

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Tesla Stock Rallies 58% YTD, Top Analyst Says Don't Sell Yet

Tesla has gained 91% since Jan. 6 bear-market lows, but this Tesla bull just hiked his stock price target.

Investors Business Daily

Apple Sees Improved Outlook; Here's How It's Helping The Stock

After missing its December-quarter targets due to iPhone supply shortages, Apple said production has returned to normal.

Investors Business Daily

Tesla's profits soared to a record – but challenges are mounting

The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.

WEKU

Tesla Is A "Sustainability Behemoth," According To Analyst

Tesla is increasingly focusing on renewable energy, rather than just EVs, offering a broad range of solar and energy storage products for clean energy purposes.

InsideEVs

After 'Ripping Off Band-Aid,' Microsoft Hopes Bleeding Has Stopped

Microsoft stock has been depressed ahead of the software giant’s fiscal second-quarter report, due out late Tuesday.

Investors Business Daily

Microsoft Slashes Workforce Amid Strategic Investments In AI, Cloud

Software giant Microsoft on Wednesday announced plans to lay off 10,000 employees, or roughly 5% of its workforce.

Investors Business Daily

Tesla Cuts Prices For Their Lower End Models To Compete With Other U.S. & European Competitors

Tesla Price Cuts Are Right Medicine At The Right Time & how 'Strategic Poker Move' Could Lift EV Maker's Global Sales By 12%-15%.

Zenger

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Investors Business Daily

Tesla Deliveries Hit Record 405,278 In Q4, But Miss Views Despite Big Incentives

Tesla deliveries rose to a record 405,278 in Q4, but fell short of lowered views despite aggressive year-end incentives.

Investors Business Daily

Tesla Stock 'Best Idea' For 2023, Analyst Says, After Worst-Ever Year

Tesla stock looked to rebound after its worst one-day loss in nearly a year. Despite the drop, analysts remain bullish on the EV giant.

Investors Business Daily

Apple iPhone 14 Pro Supply Issues In Focus After Factory Protests

After warning of iPhone 14 Pro shortages from Covid-related disruptions, Apple faces a new problem from worker protests at its main assembly plant in China.

Asharq Al-Awsat

Amazon Begins Mass Layoffs among its Corporate Workforce

Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that employ data scientists,…

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Benzinga

Elon Musk's Personal Actions Put Investors At Risk, Tesla Bull Re-Ups 2018 Letter

The extra workload coupled with the overhang on Tesla Inc (NASDAQ: TSLA) shares from CEO Elon Musk's selling a portion of his stake in the electric vehicle company to help finance the

Investors Business Daily

The First Real Cloud Computing Recession Is Here — What It Means For Tech Stocks

Are the best days of cloud computing growth over for Amazon, Microsoft and Google amid rough third-quarter results?

Benzinga

Rivian Heads In The Right Direction: Anaysts Lower Price Targets, Remain Cautiously Optimistic

Electric vehicle Rivian Automotive (NASDAQ: RIVN) recently shared updates on production on the heels of its third-quarter financial results.

Investors Business Daily

Why Elon Musk's 'Dark Comedy Show' Unnerves This Long-Time Tesla Stock Bull

Tesla stock roared Thursday, but Wedbush analyst Dan Ives warned Elon Musk's Twitter's "dark comedy show" is hurting the Tesla brand.

Benzinga

Tesla Bull Yanks Off EV Maker From Wedbush's 'Best Ideas' List Amid Elon Musk's 'Twitter Antics'

Tesla Inc.

Benzinga

Elon Musk's Tesla Stock Sale May Be Scary But Is Overhang Finally Lifted? Analysts React

Elon Musk sold about $4 billion worth of Tesla Inc. (NASDAQ: TSLA) s

Benzinga

Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday.

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