FAANG stocks had a mixed first quarter. Here’s what Wall Street sees ahead for the tech titans
As FAANG stocks diverge following a mixed bag of earnings, CNBC Pro asks analysts and investors what's next for the tech giants.
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Tesla Inc
Detroit rivalry remains even as GM, Ford and Stellantis take on Tesla
Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. The F-150 Lightning is positioned to be the first…
Elon Musk will be most indebted CEO in America if Twitter deal closes
The world's richest person could soon add another title to his name – America's most leveraged CEO.Two-thirds of Elon Musk's financing for the $44 billion deal to take Twitter private will have to come out of his own pocket. That pocket…
GM will start tying executive compensation to electric vehicle targets
General Motors Chairwoman and Chief Executive Officer Mary Barra speaks during a meeting hosted by U.S. President Joe Biden with private sector CEOs to discuss the Build Back Better agenda at the White House in Washington, U.S., January…
Donald Trump says he won’t return to Twitter if Elon Musk reverses ban
Former U.S. President Donald Trump speaks during a rally to boost Ohio Republican candidates ahead of their May 3 primary election, at the county fairgrounds in Delaware, Ohio, U.S. April 23, 2022. Gaelen Morse | ReutersDonald Trump told…
Elon Musk tweets that he confronted Bill Gates about shorting Tesla
CEO of Tesla Elon Musk says he confronted fellow billionaire Bill Gates about whether he was shorting Tesla's stock. Musk is seen here at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party on April 7, 2022.Suzanne…
Jack Dorsey’s new title: Block Head
Jack Dorsey, CEO, Twitter testifies at Congressional hearing, March 25, 2021.CNBCJack Dorsey is no longer the CEO of Block. He no longer has the title, at least.In a filing with the SEC on Friday, the company formerly known as Square…
What is ‘Web3’? Gavin Wood who invented the word gives his vision
Computer scientist Gavin Wood coined the term "Web 3.0" in 2014, laying out his vision for the future of the internet.The phrase, also shortened to "Web3," has become an internet buzzword recently with high-profile technologists,…
Mercedes-Benz unveils its new electric EQS SUV built in the U.S.
Mercedes-Benz electric EQS SUVMercedes-BenzMercedes-Benz on Tuesday took the wraps off its new EQS SUV, its first fully electric SUV built domestically for the U.S. market.The vehicle is the sibling of the EQS sedan, released last year,…
Apollo Global Management willing to finance a Twitter buyout: sources
Private equity firm Apollo Global Management has held discussions about financing a potential takeover for Twitter, according to sources familiar with the matter.But Apollo isn't interested in being part of a private equity consortium…