June 4th, 2020 by Johnna Crider Tesla’s Model Y factory shell at the Shanghai Gigafactory (Giga Shanghai) is now complete. The Global Times shared this news in a recent report. The construction of…
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Month: June 2020
A Viral Market Update IX: A Do-it-Yourself S&P 500 Valuation
It has been close to four weeks since my last viral market update, and I could come up with a whole host of excuses for the delay, but the truth is that I have not had much to say that is original, a…
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Nio Rising On Record-High Monthly Deliveries, Goldman Sachs Upgrade
Chinas electric vehicle maker Nio Inc (NIO) has revealed that it delivered 3,436 vehicles in May 2020, representing a strong 215.5% growth year over year. Shares are now rising 3% in Thursdays pre-ma…
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Costco Reports May Sales Jump; Top Analyst Says Stock ‘Best Positioned’ For Current Crisis
Costco Wholesale (COST) has reported impressive sales for the retail month of May. Comparable sales rose 9.7% (excluding the impacts from change in gasoline prices and foreign exchange), easily beati…
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Auto Sales Recover in May: ETF & Stocks to Ride On
After a dismal April, the U.S. auto industry showed signs of recovery in May. As COVID-19 lockdown measures eased, dealers started opening their stores. Incentives and online sales also drove interes…
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