New Street Research managing partner Pierre Ferragu provides insight into Tesla’s profitability, stock and future. A blistering rally in Tesla Inc.’s share price fueled by news the electric-car maker would join the S&P 500 has catapulted its market value into the No. 6 spot among U.S. companies. Continue Reading Below […]
FOX Business News
Cloud wars heat up as Salesforce zeros in on Slack
Slack CEO and co-founder Stewart Butterfield on its Frontiers conference and new features. The battle for dominance in cloud-based communication systems, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace-messaging platform Slack Technologies. Continue Reading Below A deal would give Salesforce […]
Suspected North Korean hackers targeted coronavirus vaccine maker AstraZeneca
FOX Business Network’s Blake Burman has the latest on AstraZeneca’s COVID-19 vaccine trial. Suspected North Korean hackers have tried to break into the systems of British drugmaker AstraZeneca in recent weeks, two people with knowledge of the matter told Reuters, as the company races to deploy its vaccine for the […]
Stock futures suggest near-record highs at opening
Freedomworks economist Steve Moore shares his thoughts on the unexpected jump in jobless claims as coronavirus cases rise and weighs in on Janet Yellen’s nomination for Treasury Secretary. Stock futures ticked higher Friday morning as traders prepped for a holiday-shortened session. Continue Reading Below Dow Jones Industrial Average futures were trading […]
US stock futures trade cautiously early Friday as markets reopen after Thanksgiving
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. BEIJING — One day after Americans celebrated the Thanksgiving holiday and markets were closed, stock futures traded cautiously early Friday with Asian stocks mixed over questions about the effectiveness of one possible coronavirus vaccine weighing on investor optimism. Continue Reading Below US […]
Oil prices mixed Friday, day after US Thanksgiving holiday
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. TOKYO – Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the […]
Twitter claims it has reversed ban of link to Sidney Powell’s Georgia election lawsuit
‘Kennedy’ host and panel break down hearing on Big Tech election interference and censorship Twitter claims it has reversed its censorship of a link to the lawsuit filed by attorney Sidney Powell that seeks to change the outcome of Georgia’s 2020 election results. Continue Reading Below The lawsuit, filed on […]
Bitcoin price tanks from near all-time high
Bitcoin Foundation Chairman Brock Pierce discusses why the cryptocurrency is becoming more popular and valuable. Bitcoin tanked Thursday as its price came within striking distance of an all-time high. Continue Reading Below The price of bitcoin was trading at $17,185, down $794, or 4.42%, at 7:15 a.m. ET. The cryptocurrency hit an […]
Goldman Sachs using drones to close M&A deals during pandemic
Dr. Robert Epstein of the American Institute for Behavioral Research and Technology provides insight into how involved big tech and social media were in this year’s elections. Goldman Sachs is using drone technology to conduct virtual tours of companies and close merger and acquisition deals during the coronavirus pandemic. Continue Reading […]
Delta pilots agree to cost cuts, avoiding furloughs
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Pilots at Delta Air Lines have agreed to cost cuts in an attempt to avoid more furloughs, as the Atlanta-based airline still reels from the coronavirus pandemic. Continue Reading Below Delta MEC, a union that represents 12,900 […]