Warren Buffett's Berkshire Hathaway should buy Tesla stock, according to Elon Musk. "He should take a position in Tesla. It's an obvious move," Musk tweeted about Buffett on Sunday. Detailed below is why Warren Buffett probably won't invest in Tesla, despite the encouragement. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk continues to cut deeper at Tesla. The company sent out another round of layoff notices on Sunday night, according to impacted workers who posted about the cuts on social media.The latest ...

Tim Cook said iPhone sales grew in China, despite external research showing a decline.The discrepancy may be due to different methods of calculating revenue used by Apple and analysts.China accounted for 18% of Apple's sales, making it a critical market for the tech giant. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go ...

Sony and Apollo Global Management are reportedly bidding big for Paramount.Advertisement Sony and the private equity firm teamed up for an all-cash offer of $26 billion for Paramount Global, The Wall Street Journal reported on Thursday.The bid was officially sent on Wednesday, the Journal reported, based on anonymous sources. Sony and Apollo's offer was nonbinding, according to the Journal.Skydance Media and its largest private-equity backer RedBird Capital Partners have also been trying to win over Paramo ...

Alphabet paid Apple $20 billion in 2022 to remain Safari's default search engine, court documents show.That's a $2 billion increase compared to the reported amount Google paid Apple in 2021.The deal is key evidence in a US antitrust lawsuit alleging Google has an illegal search monopoly. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while y ...

Apple reports second-quarter earnings on Thursday.Investors will be looking for updates on Chinese iPhone demand.The company's stock is down 12% in 2024 so far, trailing the S&P 500. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms of Service and Privacy ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla revoked summer internships less than a month before the new interns were set to start, leaving ambitious college kids scrambling for new professional plans, students say.Two students who sai ...

Amazon, Microsoft, and Alphabet's first quarter earnings surpassed Wall Street's estimates. Execs credit some of the gains to their AI efforts, which they say help boost cloud revenue. These cloud providers see AI as a key growth opportunity despite concerns around hype. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Elon Musk may not be as  "hardcore" about layoffs as he said he would be in an email Monday night. The Tesla CEO may be rehiring some of the laid off staff, according to a Bloomberg report. Musk confirmed a slower growth rate for Tesla, which could impact other EV carmakers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the ...

Tesla registrations dropped again in California last quarter, according to a California Auto Outlook report.The report says Tesla saw a 7.8% dip in sales in the state while Rivian's increased by 87.1% and GMC shot up by 24,700%.Tesla still leads the EV market in California, but CNCDA's president said the registration drops are notable.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access y ...