Musk hints at budget Model Y, but analysts doubt its impact on Tesla’s sales downturn
admin October 24, 2025
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Musk hints at budget Model Y, but analysts doubt its impact on Tesla’s sales downturn

Elon Musk’s off-the-cuff confirmation that Tesla’s long-promised lower-priced electric vehicle will closely resemble a stripped-down Model Y has done little to rekindle excitement around the brand. The remark came during Tesla’s post-earnings call earlier this week, contradicting another executive’s attempt to avoid revealing design specifics. While speculation about a cheaper Model Y has been around […]

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Bitcoin miner Bitfarms upsizes debt offering to $500M to scale AI ambitions
admin October 24, 2025
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Bitcoin miner Bitfarms upsizes debt offering to $500M to scale AI ambitions

Bitcoin mining company Bitfarms Ltd. has upsized its convertible note offering to $500 million as it plans to ramp up investment in artificial intelligence and high-performance computing infrastructure. The North American crypto miner initially proposed raising $300 million through convertible senior notes due in 2031, but expanded the offering to $500 million just a day […]

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Unity stock’s post-earnings surge is hiding ‘major’ red flags
admin October 23, 2025
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Unity stock’s post-earnings surge is hiding ‘major’ red flags

Investors are cheering Unity Software Inc (NYSE: U) this morning after the video game software development firm posted a better-than-expected Q3 and raised its guidance for the full year. The new investors seem excited as the company’s management struck an optimistic tone in the earnings release – citing “meaningful outperformance” and improved cost discipline. Beneath […]

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Sandisk stock surge 7% as Bank of America lifts price target, sees 18% upside
admin October 23, 2025
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Sandisk stock surge 7% as Bank of America lifts price target, sees 18% upside

Bank of America has expressed renewed optimism about Sandisk’s future, maintaining its “buy” rating on the flash memory manufacturer while raising its price target to $230 per share from $125. The revised forecast implies an 18% upside from the company’s last closing price on Tuesday, signaling continued confidence in Sandisk’s growth trajectory despite its already […]

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US stocks open flat: Dow down 30 points, S&P 500 edges up 0.2%
admin October 23, 2025
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US stocks open flat: Dow down 30 points, S&P 500 edges up 0.2%

US stocks were little changed on Thursday as investors weighed weak private payrolls data and prepared for Friday’s closely watched jobs report. The S&P 500 rose 0.2%, while the Nasdaq Composite added 0.3%. The Dow Jones Industrial Average slipped 30 points, or 0.1%, dragged lower by a 7% drop in Salesforce after the software maker […]

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US stocks open flat ahead of inflation data: S&P, Nasdaq up 0.2%
admin October 22, 2025
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US stocks open flat ahead of inflation data: S&P, Nasdaq up 0.2%

US equities were little changed on Tuesday, with the Nasdaq Composite extending its run to a fresh record as investors shifted focus to upcoming inflation reports that could influence the Federal Reserve’s policy outlook. The Dow Jones Industrial Average added 47 points, or 0.1%, while the S&P 500 gained 0.2%. The Nasdaq Composite also advanced […]

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