Tesla is in a tear lately, after better than expected sales report from China. Elon Musk himself tweeted, during the trading session too, that it was overvalued at $760. The speculation seems to be c…
Read More
Month: June 2020
Tesla soars to all-time highs after Musk tells employees it’s time to ramp up production of its Semi truck (TSLA)
Tesla Tesla soared to all-time-highs on Wednesday after the electric vehicle manufacturer said in a memo to employees that now is the time for them to ramp up production of its Semi truck.
Read More
Wells Fargo slides 8% after CFO warns more profits will be diverted to loan-loss provisions
Wells Fargo shares tanked as much as 8.3% on Wednesday after the bank’s chief financial officer said loan-loss provisions will increase in the second quarter and bite into profits. Reserves to prote…
Read More
Renowned strategist Tom Lee nailed the market’s 40% surge from its worst-ever crash. Here are 17 clobbered stocks he recommends for superior returns as the recovery gains steam.
There has been no shortage of reasons to be bearish on the stock market since the coronavirus pandemic crashed it in March. And yet, the S&P 500 regained all its losses for the year last week an…
Read More
Elon Musk worth $2 billion more as Tesla stock hits $1,000 for the first time
Teslas stock surged more than 7% to clear $1,000 per share for the very first time during trade Wednesday, following the reveal of an internal memo that signalled increased production of its electric…
Read More