NATO Warns Russia, Tesla And SpaceX’s Inflation Woes, Bitcoin’s Fate In Europe And More: 5 Key Headlines – Benzinga

Heading into a new trading week, here is a quick roundup of the top five stories from the economic, corporate, and cryptocurrency sectors that investors would not want to miss out on from the weekend.

1.NATO Warns Russia About War Crime:NATO Secretary-GeneralJens Stoltenbergwarnedon Sunday that Russias potential use of chemical weapons against Ukraine would be a war crime.

2. Elon Musk Says Tesla, SpaceX Seeing Inflationary Pressure: Tesla Inc. (NASDAQ:TSLA) CEOElon Musksaidthat his electric vehicle company, as well asSpaceX,are seeing significant inflationary pressure for raw materials and logistics after commodity prices spiked to the highest level since 2008 over Russia supply fears.

3. Bitcoin Ban In Europe?Bitcoin(CRYPTO:BTC) mayeffectively be banned in Europeas a European parliamentary committee is set to hold a vote on the final version of a draft for governing cryptocurrency assets in the European Union on Monday.

4.Foxconn Suspends iPhone Production In Shenzhen:Apple Inc. (NASDAQ:AAPL) supplierHon Hai Precision Industry Co. Ltd.(OTC:HNHPF) popularly known as Foxconn hashalted production of iPhonesat its site in the Chinese tech hub of Shenzhen due to a government-imposed COVID-19 lockdown.

5. Warren Buffett Raises Stake In Occidental Petroleum:Even as activist investorCarl Icahnexited his stake inOccidental Petroleum(NYSE:OXY),Berkshire HathawayInc.(NYSE:BRK-A) (NYSE:BRK-B) CEOWarren Buffetthasraised his stakein the oil company to 12.7% after purchasing an additional 27.1 million shares worth about $1.6 billion last week.

What Else:Among other stories from the weekend, investors would want to check out theEV week in review, Musksfulfillment of his pledgeto own no house in California andWalt Disney Co.s(NYSE:DIS)potential acquisitionin the non fungible token (NFT) space.

Meanwhile, NFL legendTom Brady regarded as the best quarterback of all time has changed his mind about retirement and willreturn to playfor Tampa Bay Buccaneers next season.

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NATO Warns Russia, Tesla And SpaceX's Inflation Woes, Bitcoin's Fate In Europe And More: 5 Key Headlines - Benzinga