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Tesla earnings meet an abnormal stock

Tesla gigafactory open day in germany

Tesla Inc hosted an earnings call that can only be described as normcore. With CEO Elon Musk absent — as telegraphed last time — it was left to several other executives, led by CFO Zachary Kirkhorn, to bring the sizzle. Or rather, to studiously avoid it. The headline numbers were good anyway, providing room for a relatively humdrum event by ...

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Inflation hasn’t hurt Nestle, Unilever — yet

Who says inflation is bad? Rising prices are helping some consumer giants deliver their strongest growth in years. But look a little farther ahead, and this could be as good as it gets for them for a while. Inflation in everything from coffee to packaging is accelerating. Ultimately, it’s shoppers who will have to pay. And when further price increases ...

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A Facebook rebrand could be a huge risk

Facebook Inc may be preparing a fresh coat of paint for itself. A report in technology news site the Verge, citing a source with direct knowledge, says that the company is planning to change its name next week to reflect its new focus on building the metaverse — a new digital network for connecting to others through augmented reality and ...

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