Articles by admin

Tesla’s news isn’t all positive now that it has met its Model 3 production …read more […]

WASHINGTON/BRUSSELS (Reuters) – U.S. President Donald Trump warned the World Trade Organization on Monday that “we’ll be doing something” if the United States is not treated properly, just hours after the European Union said that U.S. automotive tariffs would hurt its own vehicle industry and prompt retaliation. …read more […]

Tesla met the target by running 24 hours a day for seven days, setting up a new production line inside a tent on the campus of its Fremont factory and pulling workers from other projects, according to the company and employees at the factory. Tesla’s heavily-shorted shares rose as much as 6.4 percent to $364.78 in early trading, but sank after several analysts questioned whether Tesla would be able to sustain the Model 3 production momentum, which is crucial for the long-term financial health of the company. “In the interim, we do not see this production rate as …read more […]

Shares of Micron (MU) and Nvidia (NVDA) both surged on Monday, which helped buck a recent downward trend for the two chip makers. Both of the semiconductor powers are also currently Zacks Rank #1 (Strong Buy) stocks. So let’s dive into some of Micron and Nvidia’s current fundamentals to see if either stock looks more appealing at the moment. …read more […]

Larry Kudlow, director of President Trump’s National Economic Council, set off a wave of incredulous head-scratching on Friday by claiming in an interview with Fox Business Network that the federal deficit “is coming down. Kudlow clarified his statement later in the day, explaining that he meant that the deficit will come down rapidly as the GOP’s tax cuts and the White House’s economic plan boost growth far beyond what most analysts outside the Trump administration expect. My case for lower deficits is that economic growth, both real and nominal, is going to be significantly faster than any of …read more […]

Tesla Inc. is scheduling a break for some Model 3 production after exceeding a closely watched target for the final week of the second quarter, according to people familiar with the matter. The break won’t impact production targets and will allow the company to do basic upkeep and maintenance work. Tesla reported earlier Monday that Model 3 output reached 5,031 in the final seven days of June, beating a 5,000-car target that Chief Executive Officer Elon Musk had said was crucial to generating cash and earning profit. …read more […]

The offshore driller announced it is emerging from Chapter 11, and the market is finally applying a more realistic valuation to its shares. Keep reading to find out what’s happening. …read more […]