Apple CEO Tim Cook has said that he never spoke to Tesla CEO Elon Musk about buying his failed electric car business couple of years back. Musk in December last year tweeted that he offered Cook to sell his electric car company at one-tenth of its value during the struggling period in 2017 but the Apple CEO refused to meet him. In an interview with The New York Times on Monday, Cook said that talks never happened. You know, I ve never spoken to Elon, although I have great admiration and respect for the company he s built, Cook was quoted as saying.
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its U.S. plant. Spending more time at home due to the coronavirus pandemic, consumers have splashed out on an array of high-margin consumer electronics which in turn has helped cause a global shortage of semiconductors. Operating profit for the South Korean tech giant in the quarter is expected to have climbed to 9.3 trillion won ($8.2 billion), according to a Refinitiv SmartEstimate drawn from 16 analysts. SmartEstimates assign more weight to forecasts from consistently accurate analysts.
The US stocks were mostly lower on Tuesday, 16 March 2021, with the Dow and the S&P 500 ending session lower amid a wait-and-see mood before the announcement of the U. S. Federal Reserve s two-day policy-setting meeting on Wednesday.
At the close of trade, the Dow Jones Industrial Average index declined 127.51 points, or 0.39%, to 32,825.95. The S&P500 index fell 6.23 points, or 0.16%, to 3,962.71. The tech-heavy Nasdaq Composite Index added 11.86 points, or 0.09%, to 13,471.57.
The US stock market lacked direction for much of the day, as investors eyes were on the Fed s dot plot chart in which members of the U. S. central bank indicate their interest rate forecasts and remarks by Fed Chairman Jerome Powell at a news conference to be held after the Federal Open Market Committee meeting.
Damodar Industries Ltd, Paramount Communications Ltd, Salzer Electronics Ltd and Reliance Capital Ltd are among the other losers in the BSE s B group today, 12 March 2021.
Damodar Industries Ltd, Paramount Communications Ltd, Salzer Electronics Ltd and Reliance Capital Ltd are among the other losers in the BSE s B group today, 12 March 2021.
Onward Technologies Ltd crashed 9.53% to Rs 113.9 at 14:33 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 47659 shares were traded on the counter so far as against the average daily volumes of 22333 shares in the past one month.
Damodar Industries Ltd lost 8.26% to Rs 31.1. The stock was the second biggest loser in B group.On the BSE, 3301 shares were traded on the counter so far as against the average daily volumes of 2554 shares in the past one month.
Read more about Tesla in talks with Tata Power to set up EV charging infra in India: Report on Business Standard. The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report said