Elon Musk’s Texas Takeover
In a move that has taken the tech world by storm, industry giant Elon Musk declared on Tuesday his plans to shift the base of operations for his two ventures, SpaceX and the social media giant X, to th...
Nvidia and the Magnificent 7
Nvidia's exceptional earnings marked the conclusion of another notable reporting season for the "Magnificent 7" tech stocks, highlighting their significant influence over this year's remarkable&n...
Tesla Shuffles Top Brass
Tesla Inc. is strategically relocating executive Tom Zhu back to China, aiming to strengthen its position in the world’s largest auto market, reports the Wall Street Journal. Zhu, who has been pivotal in Tesla's Asia P...
Tesla's Quest
The discourse surrounding Tesla's stock price has intensified in recent times, with mounting scrutiny directed towards its seemingly lofty valuation juxtaposed against concerns regarding its performance and growth trajectory.
Comparat...
Revolutionizing Wheels
Embracing automotive culture extends beyond transport, embodying individuality, ambition, and status. In a recent study by Tinting Chicago, American automotive desires reveal iconic cars that transcend function to become symbo...
Revving Up the EV Tax Credit Turbulence
Starting Monday, recent amendments to U.S. Treasury regulations have brought about significant alterations to federal tax credits related to ele...
EV Tax Credits in Peril
Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling on Congress to reconsider recent guidance from the Treasury Department on electric vehicle (EV) tax credits....
Revving Up Change
The UAW has taken a resolute stance against anti-union campaigns, recently filing charges against Honda, Hyundai, and Volkswagen. In an empowering video, Fain addressed challenges and discussed the union's strategic appro...
Price Wars and Profit Projections
As we approach the eagerly anticipated date of October 18 for Tesla's (TSLA) third-quarter earnings report, the investor community is buzzing with a blend of optimism and concern. Let's delve into the key factors in...
High Stakes
Detroit's unionized auto workers, despite their pending wage increase, are among the world's highest-paid employees when considering benefits such as healthcare. Their employers currently have the financial capacity, but these elevated l...
Tesla's Shocking Q3 Performance
Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
Brewing Success
On Friday, stock futures are indicating a positive start as Wall Street eagerly anticipates the latest U.S. inflation data, concluding what has been a challenging month for equities this year.
Key highlights for Friday
Nike's stock...
Wall Street Whispers
Stock futures declined on Tuesday, and Treasury yields moved higher as belief grows on Wall Street that the Federal Reserve will likely keep interest rates higher for an extended period.
Ford
Ford announced...
Musk and Bezos in rivalry
Elon Musk's SpaceX and Jeff Bezos' Blue Origin have ignited a fierce battle for space dominance, creating what many call the "billionaire space race." Let's dive into the key moments ...
Market highlights
It start with a brief overview of the market conditions, mentioning the slight gains in September E-Mini S&P 500 futures (ESU23) and Sep Nasdaq 100 E-Mini futures (NQU23) this morning.
U.S. Durable Goods Orders Report:
Highli...
Tesla's Stock Skyrockets
Tesla, Inc. (NASDAQ:TSLA), a leading electric vehicle manufacturer known for its innovative technology and sustainable vision, has witnessed a remarkable surge in its stock performance this year. With nearly doubled value, T...
Musk's definitive statement
At Tesla's annual shareholder meeting in Austin, Texas, CEO Elon Musk acknowledged the company's vulnerability to the global economy and provided insights into the challenges it may face over the next 12 months.
Rumor Cl...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
Musk not guilty
A jury in a California state court has found Elon Musk not guilty in a lawsuit brought by shareholders of the company he heads, Tesla. This was reported by CNN.
The lawsuit is based on a Twitter post by Musk, dated August 2018,...
Stock market on Friday
US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data.
The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since Decembe...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
