CEO Elon Musk’s stewardship of Tesla Inc (Nasdaq: TSLA) in in serious doubt after the U.S. Securities and Exchange Commission sued Musk for fraud this week, accusing him of making “false and misleading” statements about taking Tesla private with his infamous “funding secured” tweet. Musk’s vision has pushed Tesla to become one of the biggest and most innovative…
AUTO INVESTORS HAVE spent the last few years choosing sides between Tesla Inc (Nasdaq: TSLA) and the legacy U.S. Detroit automakers. However, analysts say Tesla and the “Big Three” U.S. automakers have a lot to offer each other, and a partnership with a major U.S. manufacturer could alleviate many of the problems that have plagued Tesla.
AFTER ALL OF THE HYPE surrounding last year’s iPhone X, Apple Inc. (Nasdaq: AAPL) investors may have anticipated a low-key 2018 iPhone upgrade cycle. Fortunately, a pair of new surveys indicate demand for the high-end versions of the new generation of iPhones may be much higher than Wall Street had projected.
Nike Inc (NYSE: NKE) stock fell nearly 3 percent in premarket trading, a day after the company reported fiscal first quarter numbers that exceeded expectations and reassured investors that last quarter’s improvements in North America were no fluke.
mazon.com (Nasdaq: AMZN) made headlines earlier this month by briefly reaching a $1 trillion market capitalization. AMZN stock has pulled back a bit since then, but Jefferies analyst Brent Thill says Amazon has a clear path to at least another 50 percent upside by 2020.
The U.S. economy expanded by 3.1 percent in the first half of 2018 driven by $1.5 trillion in tax cuts, and August consumer confidence was at its highest level since 2000. The U.S. economy is booming, and industrial stocks are reaping the benefits. Not only have industrial stocks been on the rise in 2018, their…
There’s no question that the global economy has been making the slow transition from offline to online for decades now. The companies with the largest online footprint are the ones in the best position to thrive in the 21st century economy. The performance of the FAANG stocks in the current bull market is evidence of…
WITH THE S&P 500 INDEX up another 9.6 percent year-to-date, American investors have been able to mostly ignore the trade dispute between the U.S. and China up to this point. However, Walmart Inc (NYSE: WMT) now says it may be forced to raise prices due to the tariffs, a decision that could potentially derail Walmart’s strong start to the…
General Electric Company (NYSE: GE) confirmed this week that it has had a major failure in one of its turbines at the Colorado Bend power plant. While GE is downplaying the impact of the issue, GE investors and analysts are losing patience with the struggling stock.
Cryptocurrencies have been one of the more controversial topics on Wall Street in the past couple of years. However, technology experts say there’s no arguing the value of the blockchain infrastructure at the root of currencies like bitcoin. The innovative part of the complicated blockchain system is its reliance on distributed ledger technology to independently…