What to watch General Mills: General Mills is the firm behind brands including Cheerios, Haagen-Dazs and Betty Crocker. The company’s share price is up 15.1% year-to-date, thanks to expectations of elevated demand for household staples driven by the pandemic. The $37bn market cap firm reports its latest set of quarterly earnings today. On the company’s…
Read more
Tesla Inc. (NASDAQ:TSLA) reported a worse-than-expected loss in Q2 earnings yesterday. The company's shares plunged as much as 12% in after-hours trading and declined 22% this year as of markets close Wednesday. Revenue was $6.35 billion versus $6.41 billion expected. Another major management change has also been announced - Tesla's co-founder J.B. Straubel, who’s been…
Read more
It seems that ever since Elon Musk announced that his favourite crypto is DogeCoin, people have gone on to great lengths to somehow connect the "dots" between Musk and any relatable cryptocurrency that might be of interest to him. Just last month, Leaprate reported that the founder of Dogecoin, Jackson Palmer, said he is ready…
Read more
When Elon Musk praises your cryptocurrency, chances are the price of the digital coin will go up. However, something even more important happened. The founder of Dogecoin, Jackson Palmer, said he is ready to sell Dogecoin.com for the colossal sum of $4.2 billion. Elon Musk, after declaring his interest in the crypto, accepted to be…
Read more
The Securities and Exchange Commission (SEC) has announced that it has charged Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc. (NASDAQ:TSLA), with securities fraud for a series of false and misleading tweets about a potential transaction to take Tesla private. On August 7, 2018, Musk tweeted to his 22 million Twitter followers that…
Read more