Topline Tesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on Wall Street remaining optimistic that Elon Musk’s electric-vehicle maker still has massive upside and long-term growth potential despite a selloff. The selloff in Tesla shares this year presents an “attractive entry point” for investors, … Read more
Tesla, Inc. (NASDAQ:TSLA – Get Rating) CFO Zachary Kirkhorn sold 2,538 shares of Tesla stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $718.31, for a total value of $1,823,070.78. Following the transaction, the chief financial officer now directly owns 62,402 shares in the company, valued at … Read more
Text size Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas. Jim Watson/AFP via Getty Images As the Twitter/ Elon Musk drama drags on, there are new questions about deal financing. The stock reactions show the market believes Musk is rich enough to … Read more
Amazon’s stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this year. Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday. They have fallen 24% year-to-date, roughly comparable to the loss in the Nasdaq … Read more
Text size The Wall Street subway station near the New York Stock Exchange. AFP via Getty Images The stock market ended slightly higher Monday amid general optimism about the reopening of China’s economy and the boost it could provide to the global economy. Early gains fizzled, though, as bond yields ticked higher. The Dow Jones Industrial … Read more
The Tesla chief executive’s intentions, conveyed in an internal email seen by Reuters, are rooted in what he described as his “super bad feeling” about the US economy. Some of the nearly 100,000 people employed at the electric carmaker may already be considering their options after Musk issued them with a return-to-office ultimatum this week. … Read more
BERLIN, June 01, 2022 (GLOBE NEWSWIRE) — FXCM Group, LLC (‘FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading and related services, is today releasing its data of most popular instruments for the month of April in its Single Share CFD and proprietary Stock Basket product lines. FXCM offers … Read more
Elon Musk has advice for Jeff Bezos. The two tech moguls are respectively the richest man in the world and the second richest man in the world. At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past … Read more