(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Netflix tumbles as subscriber growth forecast disappoints * BlackRock rises on profit boost (Updates to close) …
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Month: July 2020
How the devotion of Elon Musk’s ‘true believers’ tripled Tesla’s value this year, transforming a risky car company into a market darling and the most valuable automaker on the planet
Tesla’s greatest strategic asset is also its greatest risk: The cult of Elon Musk. Every quarter, Tesla’s financial reports echo the same refrain, “We are highly dependent on the services of Elon Mu…
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Top Ten: Weekend reads: Tesla’s earnings report is next moment of truth for bulls and bears
Tesla stock had a wild week, even by Tesla standards. It soared 16% at one point intraday before ending down 3.1% and that was just Monday. Its flattish for the week. CFRA joined the sellers on Frida…
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Earnings Watch: Tesla’s prayer for profit, earnings tests for Intel and Microsoft highlight first big week of coronavirus-tainted earnings
This earnings reporting season is so far living up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer some better news in t…
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Twitter hack could have been ‘much, much worse’ say cybersecurity experts
Twitter CEO Jack Dorsey and the Federal Bureau of Investigation are still trying to iron out the details of just who and what were behind Wednesdays massive hack that compromised the accounts of some…
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