Tesla Motors Inc (NASDAQ:TSLA) and CEO Elon Musk are known for high-profile, headline-grabbing company announcements. However, this week Tesla made a very low-key announcement that could have major near-term implications for TSLA stock.
Investors aren’t quite sure what to think following the election of Donald Trump as the next president of the United States. So far, the SPDR S&P 500 ETF Trust SPY 0.2% is up roughly 1.4 percent since the election, implying cautious optimism among the investing community.
A number of stocks, led by DryShips Inc. DRYS 31.65%, have delivered mind-boggling gains in the week since Donald Trump’s victoryin the U.S. elections. The SPDR S&P 500 ETF Trust SPY 0.2% is up just 1.4 percent since the election, but DryShips has exploded more than 1,530 percent.
Alibaba Group Holding Ltd BABA 0.21% delivered some impressive numbers during its annual Singles’ Day sales event on November 11. Unfortunately for investors, those numbers haven’t translated to the stock market.
President-elect Donald Trump had yet another blatant change of heart on Twitter Tuesday morning when he posted the following message:
Goldman Sachs has boosted its price forecast for coking coal and copper and upgraded Teck Resources Ltd (USA) TCK 7.04% from Neutral to Buy. According to analyst Andreq Quail, the huge surge in coal prices has forced Goldman’s hand.
This weekend’s UFC 205 broke a number of records for both UFC and Madison Square Garden Co MSG 0.33%. According to UFC President Dana White, UFC’s first event in New York broke the Madison Square Garden gate record of $13.5 million set by the Evander Holyfield-Lennox Lewis fight back in 1999.
Walt Disney Co DIS 0.08%’s ESPN is hemorrhaging subscribers, but the stock is up more than 7.5 percent in the past month. The market certainly doesn’t seem to be too concerned about ESPN’s record one-month loss of 621,000 subscribers in October. Here’s what Wall Street is saying about ESPN.
Gold selling has accelerated since Donald Trump’s surprise U.S. election win.
It’s no secret that TV ratings have been on the decline in recent years. However, the ratings struggle for the NFL has caught sports fans and investors by surprise this year.