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Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time.James Glover II | ReutersBillionaire Leo Koguan, who claims to be the third largest individual shareholder of Tesla stock, is calling on the carmaker to announce a $15 billion stock buyback as the company's share price continues to fall.In a tweet to Martin Viecha, Tesla's senior director of investor relations, Koguan said the company should immediately announce that it plans to buy back $5 billion of Tesla shares this year and $10…

Apple is adding live captions to its products.AppleApple announced a slew of new accessibility features for its products on Tuesday that can help people with disabilities.One highlight feature is live captions for videos for iPhones, iPads and Macs. It means people who are hard of hearing, or anyone who wants to watch a video with the volume off, will see text at the bottom of the screen that they can read along with. Apple said it can be used on streaming services, FaceTime calls and other video conferencing apps. A…

Amazon Fire 7 tabletSource: AmazonAmazon announced the latest version of its Fire 7 tablet on Wednesday. At $59.99, the tablet is slightly more expensive than its predecessor, but the company is promising longer battery life.Amazon's Fire tablets have served as a cheaper alternative to Apple's iPad, but it isn't a huge business segment for Amazon the way hardware is for Apple. Instead, Amazon's hardware products serve as a gateway into Amazon's ecosystem of services, such as the Alexa voice assistant and music, books and…

A decade ago, Facebook told the public markets that it was pouring money into smartphone apps because mobile usage was key to the company's growth, even though it did "not currently directly generate any meaningful revenue" at the time.That was in the prospectus for its Nasdaq debut, which took place 10 years ago Wednesday and resulted in the largest initial public offering ever for a U.S. tech company. Facebook's $100 billion-plus market cap instantly made it one of the most valuable tech companies on the planet.But…

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California.Justin Sullivan | Getty ImagesThe S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual rebalancing. Meanwhile Apple, Microsoft, Amazon and even oil and gas multi-national Exxon Mobil were included on the list.The S&P 500 ESG Index uses environmental, social and governance data to rank and effectively recommend companies to investors. Its criteria include hundreds of data points per company that pertain to the…

Target on Wednesday reported quarterly earnings that fell far short of Wall Street's expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles.Shares fell about 21% in premarket trading.Here's what Target reported for the fiscal first quarter ended April 30, compared with Refinitiv consensus estimates:Earnings per share: $2.19 adjusted vs. $3.07 expectedRevenue: $25.17 billion vs. $24.49 billion expectedThe national retailer,…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Stock futures jump as two Dow stocks move in opposite directionsTraders on the floor of the NYSE, May 16, 2022.Source: NYSEU.S. stock futures rallied Tuesday, with the S&P 500 and the Nasdaq set to open up roughly 1.5% and nearly 2%, respectively. The Dow Jones Industrial Average looked ready to open nearly 350 points, or more than 1%, higher.That's despite a nearly 6% premarket decline in Dow component Walmart…

CNBC's Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday's trading session will go.If we get more good news from China tonight "along with fine quarters from Target and Lowe's …  we're going to have another one of these great days tomorrow. But if we don't get that good news, we're going to end up with a miserable, horrible, Walmart-style view of the world," the "Mad Money" host said, referring to the retail behemoth's quarterly…

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company's headquarters in Santa Clara, California, Feb. 3, 2022.David Paul Morris | Bloomberg | Getty ImagesIntel shareholders voted last week against the company's compensation for its top executives, according to an regulatory filing published on Monday.The vote is advisory, and won't immediately affect the compensation of Intel's executives, but sends a signal that some Intel investors are closely watching…

Starbucks coffee shop logo seen at one of their stores.Stephen Zenner | LightRocket | Getty ImagesStarbucks said Monday it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures.The coffee chain joins Amazon, Apple, Microsoft and Salesforce in offering to reimburse workers for travel costs related to abortions following the leak of a draft U.S. Supreme Court ruling that would strike down Roe v. Wade, the landmark 1973 decision that ensured the right to undergo the…