Right now, there is a tug of war playing out between cyclical stocks and what has become the defensive play, the technology sector, on a seemingly daily basis. Washington and the Fed continue to push…
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Month: July 2020
The worst of COVID-19 impacts may be behind many tech companies
Ahead of Apple’s July 30 earnings report, a number of technology companies have reported better-than-expected earnings amid broader economic uncertainty due to COVID-19. The global coronavirus healt…
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Tesla Has Turned The Corner
Even the haters are saying that Tesla did good, some Fiat Chrysler workers are mad, and Daimler thinks it will make a profit this year. All that and more in The Morning Shift for July 23, 2020. 1st …
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Tesla Publishes Q2 2020 Report and Announces New Austin, Texas Factory
Tesla now the highest valued automaker has released its financial results for Q2 of 2020, continuing on its profitability trend for the fourth consecutive quarter. Over the second quarter, Tesla mad…
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Elon Musk is one board approval away from another $2.1 billion in stock options
Tesla’s six-month average trailing market capitalization hit $150 billion on Tuesday after a four-month run up of the automaker’s share price that theoretically unlocks a multibillion-dollar vesting …
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