To The Moon

Aussie shares open higher after US stocks finished off session lows as the Federal Reserve pledged t

Aussie shares open higher after US stocks finished off session lows as the Federal Reserve pledged t

Story HighlightsNetflix stock has been hard to own amid its subscriber slump. With many intriguing i

The Singapore stock market headed south again on Monday, one session after ending the seven-day losi

MW Bitcoin's nosedive through the $20,000 mark is a Minsky Moment for crypto: 'Psychologically for a

Tesla has started another wave of layoffs, and this time it also includes hourly workers instead of just salaried employees like CEO Elon Musk claimed.Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super bad feeling” about the economy.Later, the CEO has decided to clarify the Tesla layoffs in an email to all employees. He claimed that the 10% reduction would be for “salaried headcount” due to Tesla becoming overstaffed following a long growth phase.He even stated that “hourly headcount will increase.”However, we can now confirm that Tesla is also laying off hourly workers across its organization.Sources familiar with the matter confirmed to Electrek that Tesla started another wave of

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Tesla has started another wave of layoffs, and this time it also includes hourly workers instead of just salaried employees like CEO Elon Musk claimed.Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super bad feeling” about the economy.Later, the CEO has decided to clarify the Tesla layoffs in an email to all employees. He claimed that the 10% reduction would be for “salaried headcount” due to Tesla becoming overstaffed following a long growth phase.He even stated that “hourly headcount will increase.”However, we can now confirm that Tesla is also laying off hourly workers across its organization.Sources familiar with the matter confirmed to Electrek that Tesla started another wave of

SummaryA deep dive into the e-commerce behemoth Alibaba (BABA) depicts a multi-engine growth machine