Summary: Billionaire Stanley Druckenmiller added new positions in Apple, Reddit, biotech, and financial services companies, while making big additions to ZoomInfo Technologies, Natera, and Flex. He also trimmed his stake in Nvidia and sold shares in DraftKings and Warby Parker.
Full articleSummary: Tesla delivered a record number of cars in the second quarter, while USANA Health Sciences slashed its profit forecast due to weak sales in China. Jefferies Financial Group reported a jump in profit from bond and equity trading.
Full articleSummary: Sanad, a global aerospace leader, has migrated its critical systems to Oracle Cloud Infrastructure for business agility, security, and scalability.
Full articleSummary: Sanad, the global aerospace engineering and leasing solutions leader, has selected Oracle Cloud Infrastructure (OCI) to migrate core business processes to the cloud, enabling enhanced business agility, productivity, security, and compliance. Sanad plans to migrate its Oracle E-Business Suite to OCI to modernize, automate, and scale core business systems, while establishing disaster recovery capabilities and complying with national data residency requirements.
Full articleSummary: Asana CEO Dustin Moskovitz criticized Elon Musk and Tesla for allegedly committing fraud on a massive scale, particularly regarding their full self-driving technology. Moskovitz compared Tesla to Enron, implying serious concerns about the company's practices and transparency. This ongoing criticism adds to the skepticism surrounding Tesla's claims and promises.
Full articleSummary: Dustin Moskovitz, co-founder of Facebook and Asana, accused Tesla of 'massive fraud' likening it to Enron due to concerns over FSD technology reporting and accusations of consumer and securities fraud.
Full articleSummary: A Facebook cofounder accuses Tesla of misleading consumers on a massive scale, comparing it to Enron scandal. Tesla CEO Elon Musk responds with insults towards the cofounder. Various legal challenges faced by Tesla regarding its Full-Self Driving technology and vehicle range.
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