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Tesla’s Autopilot Can Be Tricked Into Working Without A Driver

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said their cars can’t drive without a driver behind the wheel, but Consumer Reports said they actually can. The magazine said it found that it could “easily” get a 2020 Model Y to drive “even with no one in the driver’s seat.” Q1 2021 hedge fund letters, conferences and […]

Is Bitcoin Really As Bad For The Environment As Some Think?

As institutional investors continue to adopt bitcoin, one concern that has come up is its connection to energy and environmental issues. ESG experts have argued that the cryptocurrency strains the environment because of all the energy it takes to mine a single bitcoin. Q1 2021 hedge fund letters, conferences and more However, in a recent […]

Credit Suisse would’ve had its best quarter in years if it weren’t for Archegos

Credit Suisse Group AG (NYSE:CS) (SWX:CSGN) CEO Thomas Gottstein says the loss the investment bank sustained in Archegos was “unacceptable.” The firm reported net losses of 252 million Swiss francs ($275 million) for the first quarter. Q1 2021 hedge fund letters, conferences and more Credit Suisse reports loss from Archegos Credit Suisse said the loss […]

Tesla To Require Powerwall, Solar Products To Be Bought As A Bundle

Tesla Inc (NASDAQ:TSLA) announced that it would start bundling its solar products with its Powerwall home energy storage system. That means customers won't be able to buy one without the other, and it starts next week. [soros] Q1 2021 hedge fund letters, conferences and more Tesla to start bundling solar products with Powerwall CEO Elon […]

Investors, companies seem to be abandoning SPACs amid the crackdown

There’s a crackdown on special purpose acquisition companies (SPACs) in the U.S. right now, and it’s weighing on the number of listings. Data from SPAC Research indicates that March had over 100 new SPAC deals, but this month, there have only been 10 so far. [soros] Q1 2021 hedge fund letters, conferences and more Regulators […]

Netflix stock dives after subscriber miss, but it could be a buying opportunity

Netflix Inc (NASDAQ:NFLX) stock tumbled in after-hours trading after the company reported disappointing subscriber numbers with its earnings report. However, at least one analyst says the subscriber miss presents a buying opportunity for investors. [soros] Q1 2021 hedge fund letters, conferences and more Netflix posts a slowdown in subscribers In its first-quarter earnings report, Netflix […]

Musk: Autopilot Wasn't on In the Driverless Model S crash

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has responded to deputies who said a Model S that crashed into a tree in Texas had no driver. Musk said their data logs show Autopilot was not engaged, and the buyer of the Model S didn't buy the Full Self-Driving feature. Why the Model S should not have been […]

Hear New Investment Ideas From Two Of The Top Shortsellers This Friday

ValueWalk will co-host the next Contrarian Conference on April 23 at 9 a.m. Eastern with The Contrarian Investor Podcast and Breakout Point. This time around, Grizzly Research and Bleecker Street Research will be making presentations. Grizzly Research This year, Grizzly has published short reports on Alpine 4 Holdings Inc (OTCMKTS:ALPP), National Beverage Corp. (NASDAQ:FIZZ) and […]

GameStop CEO To Step Down, Shares Soar Again

GameStop Corp. (NYSE:GME) stock jumped by about 10% in early trading after the company announced that CEO George Sherman would step down by July 31. Meanwhile, a key Reddit influencer doubled down on his bet on Friday instead of taking a quick profit on the brick-and-mortar video game retailer. Q1 2021 hedge fund letters, conferences […]

Tesla Car Without A Driver Crashes, Kills Two

Another Tesla Inc (NASDAQ:TSLA) vehicle has crashed, and this time, officials say there was no driver. The fiery crash killed both passengers, and according to KHOU-TV, one person was found in the front passenger seat, while the other was found in the back seat. Q1 2021 hedge fund letters, conferences and more Tesla Crash Kills […]

Jeff Bezos Wants Amazon To Start Treating Employees Better

Amazon Inc (NASDAQ:AMZN) CEO Jeff Bezos has called on the company to treat its employees better in his final letter at the helm of the online retailer. Amazon Web Services CEO Andy Jassy will be taking over the company, and Bezos will be moving to the executive chairman position. Q1 2021 hedge fund letters, conferences […]

Ark Invest Sells Tesla To Buy Coinbase In Its Market Debut

Coinbase Global Inc (NASDAQ:COIN) climbed nearly 8% premarket trading this morning, surpassing $350 per share. The cryptocurrency exchange was briefly worth more than $100 billion before the market opened. Coinbase shares closed at $328.28 on their first day of trading on the NASDAQ, which valued it at $85.8 billion. Q1 2021 hedge fund letters, conferences […]

Ford: Unlike Tesla, we don’t treat customers like guinea pigs

Ford Motor Company (NYSE:F) has taken aim at Tesla Inc (NASDAQ:TSLA) in its promotion for its new hands-free driving technology. Ford CEO Jim Farley tweeted on Thursday that the automaker is unlike Tesla because it tests its self-driving technology in the real world before releasing it to drivers. Q1 2021 hedge fund letters, conferences and […]

Coinbase’s direct listing isn’t driving the bitcoin price rally

Coinbase Global, Inc. (NASDAQ:COIN) starts trading publicly today after its direct listing, and meanwhile, the bitcoin price hit a new record high. Some are linking the bitcoin rally to Coinbase’s direct listing, but other experts emphasize that they are two different things. Q1 2021 hedge fund letters, conferences and more Will Coinbase reach its private […]

Amazon May Have Legally Influenced or Intimidated Workers Against Unionizing

Amazon Inc (NASDAQ:AMZN) faces allegations that it illegally interfered with the vote to unionize its warehouse in Bessemer, Ala. As a result, even though workers voted two to one against unionizing, the story isn't over yet. Q1 2021 hedge fund letters, conferences and more Amazon faces allegations of interference The online retailer won the vote […]