Formula E’s season-opener took place this weekend in Saudi Arabia (Francois Nel/Getty Images) Getty Images The electric-powered auto racing series Formula E has spent more money than it has made since it was founded in 2014 but as its sixth season gets unde…
Read More
Month: November 2019
Ball-Busters: Elon Musk Proves Tesla Cybertruck’s Unbreakable Windows Really Work
One of the unintended highlights from Elon Musks Cybertruck presentation in California on Thursday night was when the companys CEO called on design lead Franz Von Holzhausen to throw a metal ball on the pickups supposedly unbreakable ‘Armor Glass’. It didnt g…
Read More
Wall Street Breakfast: What Moved Markets This Week
IPO record for Saudi Aramco? Saudi Arabia set Aramco’s (ARMCO) preliminary valuation at $1.6T to $1.71T, below the $2T level previously targeted by Crown Prince Mohammed bin Salman. The state-owned oil giant is seeking to raise between $24B and $25.6B by sel…
Read More
Barron’s Picks And Pans: Pfizer’s New Identity, Electric Vehicles, Hong Kong Exodus — And Is The Bull Market About To End?
This weekend’s Barron’s cover story takes a look at Pfizer Inc. (NYSE: PFE) as it seeks to take a new direction. Other featured articles consider whether the bull run on Wall Street may end next year, and a look at the prospect of a major merger in financial…
Read More
Bulls And Bears Of The Week: Nio, Target, Apple and More
Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included an electric car maker maybe not the one you think along with a big retailer hoping to win the holiday shopping wars. Bearish calls included two le…
Read More