Tesla executives Drew Baglino and Rohan Patel recently announced their departure from the electric vehicle maker and clean energy company. Baglino, who had been with Tesla since 2006, worked his way up to become the company’s senior vice president for powertrain and energy engineering. Patel, who joined Tesla in 2016 after his role as a
Tesla, the electric vehicle giant, has recently announced that it will be laying off more than 10% of its global workforce in an effort to cut costs and increase productivity. This decision comes as a response to the company’s struggles in the market, with Tesla’s shares taking a 3% dip following the news. The memo
The electric vehicle maker Tesla, known for its innovative technology and forward-thinking approach, faced a setback as shares fell 2.8% following an internal memo announcing plans to lay off more than 10% of its global workforce. While CEO Elon Musk emphasized the importance of cost reductions and increasing productivity in preparing the company for future
The stock of Goldman Sachs saw a significant increase of 3.3% in premarket trading after the company surpassed Wall Street’s expectations for first-quarter earnings. This positive performance was mainly driven by gains in its trading and investment banking divisions. Analysts had projected earnings of $8.56 per share on revenue of $12.92 billion, but the actual
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In the current state of the global box office, Warner Bros continues to dominate with two major releases, Godzilla x Kong: The New Empire and Dune: Part Two. With Godzilla x Kong crossing the $1B international box office milestone, Warner Bros had a lucrative weekend with a strong haul of $33.7M from 71 markets. Even
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Most Asian stocks experienced a sharp decline on Monday, driven by a combination of factors including an Iranian attack on Israel and concerns over higher U.S. interest rates. Despite Chinese stocks showing resilience and rebounding from a one-month low, the overall sentiment in regional markets was negative. Japan’s Nikkei 225 was among the worst performers
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The recent retaliatory attack by Iran on Israel has sent shockwaves through global markets. This direct attack on Israeli territory has heightened fears of a potential wider regional conflict, causing Asian shares to slump and gold prices to rise. The threat of open warfare between these two arch Middle East foes has put the entire
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With the abundance of music available on Spotify, the platform faces the challenge of helping users navigate through the vast catalog to discover music they will enjoy. Spotify’s suite of recommendation tools, such as Discover Weekly and Made for You Mixes, aim to provide personalized recommendations that resonate with users. The company’s focus on personalization
The recent success of the concert film Suga – Agust D Tour ‘D-Day’ The Movie from Trafalgar Releasing is a testament to the enduring popularity of K-Pop powerhouse BTS and the growing power of concert films in the post-Covid era. Despite the band being on hiatus due to mandatory military service in South Korea, fans
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