Ralph Lauren Corp and Michael Kors-owner Capri Holdings blew past earnings projections, highlighting wealthy buyers’ unshakable appetite for luxury goods and handbags despite red-hot inflation. Soaring costs have had no effect on middle- and upper-income households, which have been cheerfully… Read More ›
Day: August 10, 2022
Elon Musk Sells $6.9 Billion In Tesla Stock As A Twitter Lawsuit Looms
Elon Musk, the CEO of Tesla, has sold another 7.92 million shares in the electric vehicle manufacturer, valued at approximately $6.88 billion. According to regulatory documents, the sales occurred during the firm’s annual shareholder meeting last week. Musk claims he… Read More ›