Tag: Yahoo Finance

Tesla Truck Demo Goes Awry as Shatterproof Windows Break

(Bloomberg) -- Elon Musk unveiled Tesla Inc.’s eagerly awaited electric pickup truck on Thursday but it didn’t go as planned, ending with two smashed windows and the hashtag cybertruck trending on Twitter for all the wrong reasons.In the demo, Tesla chief designer Franz von Holzhausen initially took a sledgehammer to the truck, which withstood the impact. Then it all went wrong.Von Holzhausen took a metallic ball in his right hand, wound up and tossed it at the truck -- smashing the front driver-side window, stunning the audience and viewers live streaming the event.“Oh my f---ing god,” Musk said, when the window broke.“Maybe that was a little too hard,” Musk said after the ball cracked the glass. So they tried again. A second test broke a second window.“It’s classic Tesla. It’s poetic,” said analyst Gene Munster of Loup Ventures. “I applaud the company for taking risks: this was not a boring presentation....

YouGov Shares Up 350% Despite a Tough Half-Decade For Pollsters

(Bloomberg) -- YouGov Plc may have got the public’s attention with its snap poll following this week’s debate between U.K. Prime Minister Boris Johnson and rival Jeremy Corbyn, but the country’s tumultuous politics haven’t been the main driver of a 350% rally for the shares over the past half-decade.The company makes most of its money through services other than political polling, including tracking brand awareness and profiling target markets for companies, according to CEO and co-founder Stephan Shakespeare.The shares have soared as the company’s Data Products and Data Services businesses have become a bigger contributor, enabling YouGov to achieve a goal to triple profits in five years. The two businesses made up 56% of 2019 revenue, up from 29% in 2014.Shakespeare is hoping that publicly available data products, including the recently launched YouGov Ratings, which measures the popularity of public figures and brands, along with its Audience Explorer, which allows people...

GLOBAL LNG-Asian prices continue downward trend as supply floods

Asian spot prices for liquefied natural gas (LNG) fell this week as a supply glut continued to weigh, while demand growth was muted by signs of a mild winter in Northeast Asia. Prices for January delivery to Northeast Asia are estimated to be about $5.70 per million British thermal units (mmBtu), down 20 cents from last week for the same period, said several sources who are market participants. With European gas storage nearly full, cargoes may struggle to find a home, traders said....