He’s one of the world’s wealthiest people (and sometimes the wealthiest), but billionaire Elon Musk also knows how to lose money — and he’s breaking records for it. According to…
Tag: record
Record quarterly revenue caps strong year
The New York Stock Exchange welcomes Planet (NYSE: PL), on Wed. Dec. 8th, in celebration of its listing. To honor the occasion, Will Marshall, Co-Founder & CEO, and Robert Schingler…
First Republic Rebounds From Record Low With Aid Plan in Focus
(Bloomberg) — First Republic Bank shares rallied in US premarket trading after falling to a record low Monday, as investors ponder what’s next for the struggling midsize lender following an…
Luxury automaker Porsche issues growth outlook after record 2022 earnings
The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings…
Dubai’s record property demand is creating a nightmare for some residents
Aerial view of the Dubai Marina. DUBAI, United Arab Emirates — Demand for property in the United Arab Emirates’ glitzy commercial capital of Dubai hit a record high for the…
SVB’s stock suffers record selloff after moves to bolster finances
Shares of Silicon Valley Bank parent company SVB Financial Group plummeted Thursday toward the biggest one-day selloff since the dotcom boom, after the Santa Clara, Calif.-based financial-services company disclosed large…
SUV Crashes into a Cafe While Podcasters Record a Show
A podcaster dreamed his new show might become a smash hit — but not this way. Nathan Reeves was wrapping up his interview with friend Alexsey Reyes for his new…
Auto giant Stellantis posts record annual profit, announces buyback
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Carmaker Stellantis on Wednesday announced record full-year results,…
China’s biggest chipmaker SMIC posts record 2022 revenue
SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker Semiconductor Manufacturing International Corp. posted record revenue in 2022, despite ongoing U.S. sanctions,…
Manhattan rents hit record high in January
A man enters a building with rental apartments available in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis News | Getty Images Median rents in Manhattan hit…