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  • Merkel and General Electric
    World
    The Street

    Merkel and General Electric

    Here are five things you must know for Monday, Sept. 25: 1. -- U.S. stock futures traded lower on Monday, Sept. 25, and European stocks traded mixed as investors struck a cautious note after Chancellor Angela Merkel won a smaller-than-expected victory in Germany's federal elections and indicated a new government may not be in place until Christmas. The euro weakened Monday after Merkel's Christian Democrats and their sister party, the Christian Socialists, polled at around 32.7% in the national vote, comfortably ahead of the 20.2% earned by their chief rival, the Social Democrats. However, Merkel's party saw a significant slippage in its overall vote share, with a major portion of those lost

  • Tesla shares suffer their worst losing streak in months
    Business
    MarketWatch

    Tesla shares suffer their worst losing streak in months

    Shares of Tesla Inc. notched their longest losing streak in more than two months, down for a fourth straight session and ending the week off 7.6%. The stock was the second-worst performer on the Nasdaq-100 NDX, -0.04%  on Friday, suffering its lowest close in two weeks. Over the four-day losing stretch, shares fell more than 7%, tipping the stock to monthly losses of more than 1%. Tesla TSLA, -4.20%  shares on Monday closed at a record $385, supplanting a previous all-time close of $383.45 in June. On Tuesday, analysts at Jefferies started their coverage on the stock, siding with the bears: They rated the shares their equivalent of sell and forecast the company to lose money at least until 2020,

  • This is (probably) how low Apple’s stock will go
    Technology
    MarketWatch

    This is (probably) how low Apple’s stock will go

    The Arora Report published a “sell” signal on Apple’s stock before the iPhone 8 and iPhone X launch. At the time, Apple AAPL, -0.98%  was trading around $164. Please see “Investors who recently bought Apple’s stock should consider locking in profits.” Now that that call has proven to be correct, I am being asked by investors: “How low will Apple go?” Let’s explore that question with the help of two charts. Please click here for a short-term chart of Apple stock. Please click here for a long-term chart of Apple stock. Read: Apple’s ‘short-term pain’ sets stock up for long-term gain Please note the following from the charts: • The short-term chart shows the gap that occurred after Apple reported