Tesla Inc (Nasdaq: TSLA) stock continued to drop today as its CEO’s surprisingly candid series of tweets about his stressful life and his mental health continued to reverberate on Wall Street.
President Donald Trump is threatening to strip health insurers of key Affordable Care Act subsidies to force a repeal of Obamacare. But health care stocks remained stable on Monday, suggesting that investors either see Trump’s threats as empty or have already priced in further deterioration of the federal health insurance exchange.
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World Wrestling Entertainment, Inc. WWE 0.73% shares jumped 3 percent Thursday after the company announce it would be launching the WWE Network in China starting on Aug. 18. WWE announced a new partnership deal with Chinese streaming company PPTV just 10 days ahead of its SummerSlam pay-per-view event.
Between a U.S. president who has a reputation for unpredictability, geopolitical uncertainty in North Korea, Russia and elsewhere and a stock market that is within a stone’s throw of all-time highs, it’s understandable for traders to be a bit leery at the moment.
Solar panel prices have been on the rise in recent months, providing a tailwind to solar stocks. However, according to Axiom analyst Gordon Johnson, investors should be careful about drawing conclusions about underlying demand.
Things keep going from bad to worse for one of the most disastrousWall Street IPOs in recent history. On Thursday, Blue Apron Holdings Inc APRN 4.79% released its first quarterly earnings report since its June IPO, and the company revealed a much larger loss than Wall Street was expecting.
Investors initially celebrated a mixed Q2 earnings report from Valeant Pharmaceuticals Intl Inc VRX 0.46% to the tune of a 7 percent Tuesday-morning pop for the stock. However, that enthusiasm quickly evaporated as the reality of yet another guidance cut and an uncertain future started to sink in.