• Traders betting against Tesla have lost nearly $12 billion so far this year

    1 month ago - By Business Insider

    Tesla short-sellers are down nearly $12 billion in mark-to-market losses in 2020 through Wednesday's close, according to data from financial-analytics firm S3 Partners.
    That number was fueled by a $1.2 billion mark-to-market loss Wednesday when Piper Sandler raised its Tesla price target to the Wall Street-high, sending the automaker to a record close.
    Tesla has gained nearly 120% year-to-date through Wednesday's close.
    Watch Tesla trade live on Markets Insider.
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  • Microsoft to invest $1.1 billion in Mexico over next five years: CEO

    Microsoft to invest $1.1 billion in Mexico over next five years: CEO

    1 month ago - By Reuters

    Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.
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  • Microsoft announces $1.1 billion investment in Mexico

    1 month ago - By Chron

    MEXICO CITY - Microsoft announced a five-year, $1.1 billion investment plan in Mexico on Thursday to develop training programs and increase the availability of cloud computing services.
    Company executives said the money will be used to establish a regional data center, as part of a program Microsoft calls “Innovating for Mexico.”
    Some of the money will be used to help monitor endangered species.
    President Andrés Manuel López Obrador said the investment showed the confidence investors have in Mexico following the ratification of the U.S.-Mexico Canada free trade agreement.
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