Elon Musk, the CEO of Tesla, is known for his ambitious goals and optimistic outlook on the future. During the 2024 annual shareholder meeting, Musk expressed his belief that Tesla’s Optimus humanoid robots could potentially propel the company’s value to new heights. Musk’s long-term vision involves Optimus robots revolutionizing various aspects of daily life, from
Disney/Pixar’s highly anticipated sequel, Inside Out 2, made a grand entrance into the international box office on Wednesday, dominating the charts in all eight of its key markets. The movie enjoyed strong debut performances in major countries such as Korea, Germany, and the Philippines, raking in a total of $4.9M on its first day. In
GameStop’s annual shareholder meeting faced significant disruptions due to technical difficulties on Thursday. The meeting, scheduled to start at 11 a.m. ET and hosted on ComputerShare, experienced server crashes as attendees tried to access the event. Many individuals received error messages indicating that the page couldn’t load. The overwhelming interest in the stream caused the
Keith Gill, also known as “Roaring Kitty,” has been making waves in the world of meme stocks. His recent disclosure of owning over 9 million shares of GameStop has raised eyebrows and sparked curiosity among investors. By increasing his ownership in GameStop’s common stock, Gill has solidified his position as a key player in the
China has expressed its disappointment and concern regarding the European Union’s decision to impose tariffs on Chinese electric vehicles. The announcement of additional duties of up to 38.1% on imported Chinese electric cars has sparked tension between the two economic powerhouses. The Chinese government has vowed to take measures to safeguard its interests in response
The financial technology industry is going through a significant transformation, with industry executives and investors indicating that the sector may have hit a “bottom.” At the recent Money20/20 event in Amsterdam, there was a consensus that valuations have adjusted from the unsustainable highs of 2020 and 2021. Gone are the days when venture capital poured
In a recent announcement made by Elon Musk on the social media platform X, Tesla shareholders are shown to have approved a massive $56 billion pay package for the CEO. The vote also included the decision to move the legal home of the electric vehicle manufacturer to Texas. Musk mentioned that the passage of both
The European Union’s announcement of higher tariffs on Chinese electric vehicles has sparked a surge in the stock prices of Chinese EV makers. This move has caused a significant impact on the market dynamics, with Hong Kong’s Hang Seng index jumping 1.23% at the opening, largely driven by gains in EV stocks. Leading the rally
Rob Westerling’s career in the cinema industry has taken an interesting turn with his recent decision to return to Harkins as its VP of Content & Programming in Scottsdale, AZ. This move comes shortly after his brief stint as Regal Cinemas SVP of U.S. Content, where he previously held a similar position that was vacated
China’s consumer inflation remained unchanged in May, indicating the ongoing struggles with feeble domestic demand. Despite various support measures, consumer prices have failed to surge, mainly due to low confidence stemming from the prolonged property sector crisis. The Consumer Price Index (CPI) edged up by 0.3% year-on-year in May, matching the previous month’s increase. However,