Next Thursday, July 1, was supposed to be a day of celebration for Tesla: the opening of its self-styled "gigafactory" in the tranquil German municipality of Gruenheide, just outside Berlin. Tesla has already pushed back the expected opening to late 2021. Tesla and its billionaire boss Elon Musk unveiled plans in late 2019 to build the factory.
Crypto markets face heavy selling pressure Monday, with the sector facing a bearish breakdown of trend.
We’re halfway through the year, and while the markets have been volatile, investors are having a good time so far. The S&P 500 has gained 11% year-to-date, and the tech-heavy NASDAQ has gained 9%. With the Fed keeping interest rates at historic lows, stocks are offering better rates of return – and they are keeping ahead of inflation, as well. But while the overall markets are up, individual stock performance can and will vary. Which means that in the midst of a general rising trend, it’s still
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Morgan Stanley said 2021 was beginning to resemble 2004, a year which may offer clues for investors as to what will happen in the months ahead.
"$30,000 intraday, look out, gotta hold. Maybe the buy point," said Cramer referring to bitcoin's psychological region of support.
Polkadot is an ethereum competitor that's gaining the attention of Wall Street
In this article, we discuss the 10 best copper stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Copper Stocks to Buy Now. Copper is on track to become the new gold as the gap between supply and demand widens. According to a […]
China’s regulatory crackdown continues to take toll on cryptocurrencies.
In this article, we discuss the 10 best investments of billionaire Peter Thiel. If you want to skip our detailed analysis of Thiel’s history and performance, go directly to the 5 Best Investments of Billionaire Peter Thiel. Peter Thiel, the German-American entrepreneur who is one of the most successful investors in the United States with […]
Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, and people were at home and looking for entertainment. This, coupled with the hopeful possibility of building wealth directly from one’s phone and/or couch, brought a new generation of retail traders to the market. They began to push speculative equities and securities around in their search for quic
Investors have known about the plan for months, but on Friday, GE said it will take place on July 30, after the market closes.
Michael Burry issued the warning in a series of tweets that have since been deleted.
(Bloomberg) -- China’s intensifying cryptocurrency crackdown has left Bitcoin flirting with $30,000, a price level seen as key to the short-term outlook for the largest virtual currency.Bitcoin fell as much as 4.3% Tuesday to $31,171, and for some a breach of $30,000 would hurt sentiment and raise the risk of a steeper selloff. It was trading at $31,500 as of 10:42 a.m. in London.“We’re most likely going to continue to trade within the $30,000 to $40,000 range and, hopefully, $30,000 will hold a
These are the top 100 most valuable global brands for 2021, according to a company that analyzes brand equity
Apple stock has been flat so far this year, but that could change, as Wedbush analyst Dan Ives sees a new phone announcement in late September.
We’re in interesting times, there’s no doubt about that. The COVID crisis is receding, the economic reopening is proceeding apace – but there are inflationary worries. Many experts are concerned that further cost-of-living increases will result as consumer demand outstrips supply. On the other hand, the Federal Reserve believes it can curb an outbreak of inflation should it occur without throwing the recovery off track. Looking at economic conditions, Raymond James strategist Scott Brown noted,
Microsoft said Windows 10 would be the final version of its operating system, but its 24 June announcement will change that
(Bloomberg) -- GlobalFoundries Inc. will build a $4 billion chipmaking plant in Singapore slated to start in 2023, choosing Asia for the site of its latest expansion despite Biden administration calls to bring home semiconductor manufacturing.The U.S.-based company joins rivals from Taiwan Semiconductor Manufacturing Co. to Samsung Electronics Co. that are expanding capacity to help address a persistent shortfall of chips for everything from cars to smartphones. GlobalFoundries -- which is prepp
Cisco is well-positioned to benefit from an expected acceleration in enterprise tech spending. Evercore ISI research analyst Amit Daryanani sees shares reaching $100.