By Rob Daniel Tesla checks all the boxes: growth, industry disruption, environmental approach, and market undervaluation, Credit Suisse says. Tesla checks all the boxes: growth, industry disruption, environmental approach, and market undervaluation, Cr…
Netflix Stock Leaps On Citigroup ‘Buy’ Upgrade, CEO Hastings Share Purchase
By Martin Baccardax Netflix shares were on a bit of a comeback Monday following an upgrade to ‘buy’ from analysts at Citigroup and a $20 million purchase from co-CEO Reed Hastings. Netflix (NFLX) – Get Netflix, Inc. Report shares jumped higher Monday a…
Nasdaq Headed for Worst January in its 50-Year History
By Dan Weil The index has slumped 12% so far this month through Friday, leaving it below the previous record January fall of 10% in 2008. Things are looking bad for technology stocks, as bond yields have risen and the Federal Reserve prepares to raise …
Cryptocurrency Price Check: Bitcoin Down, Gamification Up
By Rob Lenihan Despite bitcoin’s price drop, Metaverse and gaming-related tokens have stayed resilient, one industry analyst says. Cryptocurrency prices was down Monday, continuing the bad news that has rocked the sector, but one analyst sees possibili…
Teenager Asks Elon Musk for $50,000 to Scrub Jet-Tracking Twitter
By Rob Lenihan Elon Musk says he doesn’t love the idea of ‘being shot by a nutcase.’ A 19-year-college student asked Elon Musk for $50,000 to stop tracking the movements of the Tesla (TSLA) – Get Tesla Inc Report CEO’s private jet on a Twitter account….
Bud Light Next Launching With Zero Carb Beer and NFTs
By Kirk O’Neil The world’s largest brewer will roll out Bud Light Next nationwide on the day after it launches its first NFT project — the Bud Light N3XT Collection. Anheuser-Busch Inbev (BUDFF) is getting ready for the Super Bowl and joining the meta…
Universal Studios Delays Its Disney Killer Theme Park
By Daniel Kline Disney World has dominated the Florida theme park market for decades, but Universal Studios Orlando wants to change that. Blame Harry Potter. The boy wizard changed the equation in Florida’s theme park wars when the “Wizarding World of …
What Is Tom Brady’s Net Worth?
By Steve Fiorillo,Kirk O’Neil Tom Brady is estimated to be worth as much as $250 million – and isn’t even the richest member of his own family. The National Football League’s all-time greatest quarterback Tom Brady is reportedly retiring on Monday afte…
New Walmart Store Concept Wants to Stop Wasting Your Time
By Daniel Kline The retailer wants to make its stores someplace people actually want to be, you know, like a Target. Walmart (WMT) – Get Walmart Inc. Report operates nearly 5,000 stores across all 50 U.S. States. The chain has focused on being accessib…
What Is Amortization? Definition, Calculation & Example
By TheStreet Staff What Is Amortization?Amortization is writing down the value of an asset or the payment of a loan over a period. From a company perspective, it would be amortizing expenses for assets, particularly intangible assets such as intellectu…