Category Archives: Blog

Tesla stock bulls and bears react to Elon Musk’s $700 billion crash. Here’s what Morgan Stanley, Citi and others say could happen next

Tesla CEO Elon Musk. Alex Kantrowitz Analysts aren’t souring on Tesla despite a market rout that erased nearly $700 billion in value from its peak a year ago.  In fact, even a noted Tesla bear upgraded the stock, saying it has likely bottomed. “We believe the year-to-date pullback has balanced out the near-term risk/reward,” Citi…

Ark Invest’s Cathie Wood is betting on Elon Musk’s plans for Twitter: ‘If anyone in the US can do this, I think he can’

Cathie Wood speaks on a panel at Miami’s Bitcoin 2022 conference. Rebecca Blackwell/AP Photo Cathie Wood championed Elon Musk as Twitter’s CEO and endorsed his plans for the company.  “If anyone in the US can do this, I think he can,” the Ark Invest CEO and tech-stock guru said. Critics have taken aim at Musk…

I booked a last-minute trip to Paris on a budget airline called French Bee. Even though it was uncomfortable and included hidden costs at every turn, I might fly it again.

The Paris skyline at sunset. Getty Images French Bee is a French airline that bills itself as “low-cost.” The airline flies between the Orly airport in Paris and several global destinations. I flew on French Bee for the first time. Here is my experience below. I booked a flight from New York to Paris earlier…

Inside a $2.5 million Michigan castle that harkens back to medieval Europe with its secret passageways, wooden drawbridge, and wine cellar

An exterior view of LeBlanc Castle in Rochester, Michigan. Courtesy of Nick Asplund, Lux Partners Global The LeBlanc Castle is a custom 10,000-square-foot property about 30 minutes north of Detroit. It has 26 rooms over five floors and features amenities like a wine cellar and secret passageways. The castle, set on more than 6 acres,…

At Trump Org, a ‘generous,’ ‘forgiving’ Trump reigned over thankful executives, the defense theory claims

Then-President Donald Trump pardons “Corn,” the 2020 national Thanksgiving turkey, in the White House Rose Garden as Melania Trump looks on. Susan Walsh/AP Testimony may wrap Monday in the Trump Organization criminal tax-fraud trial. Manhattan jurors are being asked by the defense to see Donald Trump as a forgiving, generous boss. In summations, prosecutors may…

Elon Musk’s 2-year-old son ran around Twitter’s office and played with toys while his dad talked to advisors about moderation, report says

Elon Musk and son X Æ A-12 on stage TIME Person of the Year on December 13, 2021 in New York City. Theo Wargo/Getty Images for TIME Elon Musk’s son X Æ a-Xii was present during Twitter meetings after the purchase went through, WaPo reported. Musk and his inner circle took over a room at…

Trump aides are helping Brazil’s president to dispute the results of the election he just lost. It’s going terribly.

Then-President Donald Trump (l) and Brazilian President Jair Bolsonaro during a dinner at Mar-a-Lago, Florida, on March 7, 2020. JIM WATSON/AFP via Getty Images Donald Trump allies met aides to defeated Brazilian President Jair Bolsonaro, The Washington Post reported. Steve Bannon has reportedly advised Bolsonaro to contest his defeat. But a legal challenge to the…

Markets are blindly expecting the best – but inflation might not cool to the Fed’s 2% target until late 2024, says Federated Hermes’ top stock-picker

Investors are overestimating how sticky inflation will be, according to Phil Orlando of Federated Hermes. Spencer Platt/Getty Images It’s too optimistic to think interest rate rises are done, says Federated Hermes’ chief strategist. “The market is whistling past the graveyard and expecting the best thing to happen,” Phil Orlando said. It could take until the…

High-profile Apple executive overseeing App Store deleted his Twitter account, which had over 200,000 followers

Getty An Apple executive of 30 years leading its App Store deleted his Twitter account over the weekend.  Elon Musk had complained about App Store fees being “too high” on Twitter just a few days before.  Twitter risks expulsion from Apple’s App Store if Musk rejects rules, one former Twitter exec said. A high-profile Apple…

A Paralympic athlete might become the world’s first disabled astronaut

John McFall (left) won a Bronze medal at the 2008 Paralympics in Beijing. Andrew Wong/Getty Images British doctor and Paralympian John McFall is set to become the world’s first “parastronaut.” He’s part of a European Space Agency “feasibility project” to include astronauts with disabilities. McFall’s right leg was amputated above the knee after a motorbike…