Articles by admin

(Bloomberg) — Tesla Inc.’s market value has surpassed retail behemoth Walmart Inc. after an astounding surge in the electric vehicle maker’s shares over the past five months.The stock, which touched a low of about $350 in March, has almost quintupled since then and briefly crossed $2,000, nearly 10 times the level it was trading at this time last year. Tesla shares jumped as much as 6.6% on Thursday, reaching the all-time intraday high. The stock has closed at records on three of the past four trading days.The relentless rally led Tesla to split the stock in order to make it …read more […]

Jordan Belfort, who inspired the Martin Scorsese movie, is offering amateur traders tips online. …read more […]

Tesla popped above $2000 per share, setting a new record high ahead of an expected 5 to 1 stock split and its inclusion in the S&P 500 Index. …read more […]

Rampant liquidity in the market sends Warren Buffett’s favorite stock market indicator back to an unwelcome level. …read more […]

(Bloomberg) — Californians are in their sixth month of sheltering in place because of a pandemic that’s killed more than 11,000 residents. Now a new crisis — hundreds of wildfires — is forcing people to flee their homes at a moment’s notice.More than 50,000 residents have been evacuated as blazes rage across the state, burning over 500,000 acres, according to Cal Fire. In Napa, Sonoma and Solano counties north of San Francisco, the LNU Lightning Complex fire has more than doubled in size to at least 131,000 acres, threatening an estimated 25,000 structures.“This really is unprecedented,” said Bela Matyas, health …read more […]

Markets are riding high, with the NASDAQ and the S&P 500 at record levels. The surge in equities, along with strongly positive jobs reports from May, June, and July, give a different retrospective take on the economy’s slide in February/March, due to the anti-coronavirus lockdown policies. Investors are responding with a burst of optimism, visible in the market gains.However, the lingering uncertainty in the wake of the coronavirus, and the looming uncertainty of the November elections, give a natural impetus to take a defensive play, finding stocks that will offer some portfolio protection should markets turn south.And this brings us …read more […]

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Ensemble Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 22.66% for the second quarter, outperforming its benchmark, the S&P 500 Index which returned 20.54% in the same quarter. You should check out Ensemble Fund’s top 5 stock picks for investors to […] …read more […]

Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Dan Howley discuss the showdown between Uber, Lyft and the state of California. …read more […]

Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Ines Ferre break down the market action for the leaders in the chip sector. …read more […]

Keysight Technologies, Inc.’s (NYSE:KEYS) price-to-earnings (or “P/E”) ratio of 33.3x might make it look like a strong… …read more […]

It is a pleasure to report that the Jumia Technologies AG (NYSE:JMIA) is up 139% in the last quarter. But that is… …read more […]