Tesla Inc. chief executive Elon Musk, who runs a company with a valuation of close to $ 300 billion, does not want the electric vehicle maker to be “super profitable.” He got away with it in the second quarter, when Tesla made a profit of $ 104 million thanks to …
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August tends to be a slow month for TV series and a movie dump, and Netflix Inc. doesn’t appear to be immune to that trend. While Netflix NFLX, -0.05% It still has dozens of original series, specials, and movies on tap for August 2020, just a handful have massive appeal. …
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Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
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Billionaire hedge fund manager Bill Ackman, the largest “blank check” company, went public on Wednesday, with more than $ 4 billion in his kitty to acquire a still-undetermined company, and has two years to choose a . Pershing Square Tontine Holdings Ltd. PSTH.UT, + 7.97% is a special purpose acquisition …
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