Tesla has hit a pretty remarkable milestone: The company’s value on the stock market is now above $100 billion for the first time. Successful companies hit dramatic, big-round-number thresholds all the time, with several tech companies like Apple, Google, an…
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Month: January 2020
GOLDMAN SACHS: Lagging fund inflows can drive the stock market even higher
Getty Images / Spencer Platt The stock market is having room to run even higher this year despite a 29% gain in 2019 and warnings of a reversal, Goldman Sachs analysts wrote.Fund inflows are lagging the surge in US equities, leaving plenty o…
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Daimler denies battery supply problems, plans to build 50,000 EQCs this year
FRANKFURT Daimler on Thursday said it plans to build 50,000 Mercedes EQC electric cars this year, denying a report in Manager Magazin that claimed it had been forced to pare back its 2020 production targets due to battery supply problems. Manager Magazin sai…
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Key Words: Tesla will mark the beginning of the end for this bull market, warns Ralph Nader
Tesla shares unsafe at any speed? Apparently so, according to consumer advocate and former presidential candidate Ralph Nader, who issued a stark warning this week, not only on the electric-car makers pricey stock, but on the stock market as a whole. When…
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NewsWatch: Intel stock rallies as data-center sales drive big Wall Street beat
Intel Corp. shares rallied in the extended session Thursday after the chip makers quarterly results and outlook topped Wall Street estimates with a big beat in data-center sales. See full story. Tesla will mark the beginning of the end for this bull market, …
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