Tesla’s CEO Elon Musk surprised in early 2021 with a $1.5 billion investment in Bitcoin. However, the latest earnings report shows that Tesla did not transact in Bitcoin during the second quarter of 2022.
Netflix’s calculated crackdown on password-sharing proved successful, resulting in a significant influx of 5.9 million new subscribers worldwide, according to the company’s second-quarter earnings report.
Tesla, Inc. (TSLA) announced a strong quarter with record revenue and earnings beat, primarily attributed to FX movements on intercompany balances.
The S&P 500 closed higher following robust bank earnings, while the Dow marked its seventh consecutive session of gains, reaching its highest level since April 2022.
Goldman Sachs reported $10.59 billion in estimated revenue, causing analysts to question the future of investment banking.
