Tesla is on pace for its worst annual stock performance on record. The electric-vehicle maker had been one of the auto industry’s biggest winners during the early 2020s. The share slide marks a sharp reversal for the world's most valuable company.
It’s somehow already almost February and that means Amazon has lined up another batch of games that Prime subscribers can snag at no extra cost. Rather than make them all available at once, as has been the case in the past, the freebies will be spread out over the month.
Dutch central bank fines crypto exchange $3.6 million for serving local customers without approval. The fine is for "very serious" breaches of Dutch crypto registration procedures. The company, which is registered with the DNB, says it is being punished for co-operating. The DNB says it's justified by the gravity and scale of the violation.
BuzzFeed will use artificial intelligence to create content for its audience. The news sent the company's stock up more than 150% in trading Thursday. The company will work with ChatGPT creator OpenAI to create quizzes and help with brainstorming. The technology will not be used to write news stories, a spokesperson says.
Tesla's fourth quarter results fell short of expectations. The company lowered expectations for its fourth quarter revenue growth. Tesla stock jumped 10% on Thursday. Since peaking in November 2021, Tesla stock has lost 62% of its value. The electric-vehicle maker was expected to post a nearly 40% increase in sales.