What happened Shares of Tesla(NASDAQ:TSLA) jumped on Friday, rising about 5% as of 12:05 p.m. EDT. Optimism for the electric-car maker’s stock followed news that Tesla seems to be calling a large portion of its workforce back to work at its factory in Calif…
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Month: May 2020
Stock Market News: Elon Musk Keeps Fighting; Ad Fears Sink 2 Top Stocks
Wall Street was in a positive mood on Friday morning, even in the face of unprecedented bad news on the employment front. The U.S. economy lost more than 20 million jobs in April, with the labor force shrinking to its lowest level since 2011 and unemployment …
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Power Integrations Inc (POWI) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. Power Integrations Inc (NASDAQ:POWI)Q1 2020 Earnings CallMay 8, 2020, 8:30 p.m. ET Contents: Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks: Operator Thank you for…
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Take Five: Trade War II
(Reuters) – 1/THIRD LAW OF TARIFFS China’s exports rebound has been quickly overshadowed by dire predictions of Trade War II between the world’s two biggest economies. Markets are hoping Donald Trump’s threats to penalise China for COVID-19 are pandering …
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Samsung SDI: EV Battery Momentum Still Solid
1Q20 results beat the prematurely lowered consensus estimates. EV battery earnings were stronger than anticipated. 2Q20 earnings are unlikely to increase much QoQ because of the coronavirus pandemic but earnings from EV batteries should remain on the rapid gr…
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